Industry Issues & Initiatives
The Painful Truth About Morgan Stanley’s Innovation Lab
Aggelos argues that the tech industry needs greater diversity and how Morgan Stanley's new innovation lab can help in that respect.
T+2 Settlement Begins in US Markets
Trades executed on September 5 will now settle on September 7 under new rules.
Machine Learning in the Capital Markets: Waters Takes an Inside Look
Anthony Malakian looks at a dozen live projects in the capital markets that use machine-learning tools to improve front-, middle-, and back-office processes.
Blockchain Not Yet Ready to Power T+0 Settlement
Blockchain provides easier communication between parties and boasts an immutable record of transactions, but it remains immature.
Malaysian Investors Turn to Analytics for Alpha Generation
Artificial intelligence and advanced technology are powering the next generation of investment in Malaysia
September 2017: Relax, the Big Cull Is Over
While some jobs could be lost as a result of automation in the capital markets, Victor says they aren't likely to rival the cuts that followed the financial crisis.
Waters Wavelength Podcast Episode 85: Cybersecurity & Dos/Don'ts for PRs
James and Anthony talk about the cybersecurity rules permeating the industry and then pivot to PR dos and don'ts.
Settling Down: How the US Finally Embraced T+2
The long journey to T+2 finally comes to an end on September 5, 20 years after the US financial industry last shortened the settlement cycle.
New York Firms Feel the Heat from New Cyber Regs
State regulator's rules come into effect for a broad swath of financial firms in New York, presenting unique challenges.
Digital Information Key for KYC's Blockchain and AI Journey
Companies are developing KYC solutions on a blockchain and exploring AI use cases, but more data needs to be made digital
Blockchain May Fuel Ibor’s Second Wave
Distributed-ledger technology is providing the impetus for renewed interest in Ibor, experts say
The Post-Trade Reshuffle
The European Commission and the wider industry are turning their eyes to post-trade practices
Waters Wavelength Podcast Episode 84: Quantum Computing & IBOR/Blockchain
Wei-Shen Wong talks to Anthony about quantum computing, and then James and Anthony talk about the pairing of IBORs with blockchains. They end things by talking about Game of Thrones and the Mayweather-McGregor fight.
Australian Public and Private Sectors Join Forces for Quantum Computing
The firm, Silicon Quantum Computing aims to develop a 10-qubit silicon-based device by 2022.
Tech at the Margins
It's not just the bigger kids in the school yard
Waters Wavelength Podcast Episode 83: Systematic Internalizers & RegTech
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.
Enjoy the quiet. It's not going to last
I am fairly certain that I lucked into editing Inside Reference Data at simultaneously the least interesting and most interesting time possible. My days are relatively quiet, right now, as summertime draws to its inevitable close. I am grateful for the…
Power to the People: Will MiFID II Data Disaggregation Deliver on Cost Control Promises?
MiFID II’s data disaggregation requirements aim to reduce data costs by forcing marketplaces to unbundle datasets and sell consumers only the specific data they need. But in reality, this seemingly simple and cost-reducing idea could make buying and…
Firms Drag Heels on MiFID II Research Rulebook Rewrite
MiFID II’s ban on broker-subsidized free research will leave sell-side firms with a multitude of challenges—not least how to price research so as not to lose customers who might direct trading elsewhere, without appearing to incentivize clients to trade…
Asia’s MiFID II Compliance Countdown
The countdown to Jan. 3, 2018, when MiFID II will take effect, is starting to sound like the ominous ticking of a time bomb. Many details of the regulation have been available for some time, yet as the clock ticks down, questions still remain over…
UBS Backs AI over Blockchain for Wealth Management
Swiss banking giant focuses on intelligent machines for advisory over distributed-ledger projects
When it Comes to IT Spend, RegTech Sees a Green Field
According to Opimas, the regtech space only pulls in 5 percent of the total IT spend pool, but that is going to change.
CloudMargin Launches Site to Navigate Uncleared Margin Rules
FlightPlan is a resource hub for companies to identify missing requirements to meet new margin rules.
Getting Ready for the Next Tech Bubble
Aggelos recently traveled to Copenhagen and met with the CEO of Saxo Bank, Kim Fournais. During their meeting, Fournais explained that trading technologies might just create a new crisis across the capital markets. Aggelos disagrees, although he says…