Industry Issues & Initiatives
FCA Extends Oversight of UK Asset Management Sector
Regulator sets new obligations for senior managers and focuses on investor costs.
The Fight for the Future: Leading Female Technologists Discuss Lessons Learned
Eight winners from this year's Women in Technology and Data Awards provide advice for career advancement in a male-dominated field.
Bitcoin Mining Has Tangible Negative Effects for Taxpayers and the Environment
Mining for one bitcoin consumes 847 kWh; processing 100,000 Visa transactions consumes 169 kWh…and the bitcoin network produces 415.14 kgs of CO2 per transaction.
The EU and US Are Playing a Dangerous Game
Bickering between regulators rarely helps anything, but power plays involving CCPs are even less helpful.
April 2018: Better Late Than Never
Victor discusses the importance of WatersTechnology's inaugural Women in Technology and Data Awards.
Bea Martin: The Glue That Bonds UBS
In the April 2018 cover story of Waters, UBS Investment Bank's COO, Beatriz Martín Jiménez, talks with Victor Anderson about blockchain, AI and some of the hurdles she has faced in her career.
Waters Wavelength Podcast Episode 115: The CME Buys NEX Group
Anthony and James discuss the potential ripple effects stemming from this latest deal in the fixed-income space, fintech investment and Brexit.
Rimes Targets Market Surveillance with New Regtech Offering
Vendor expands RegFocus platform with surveillance capabilities designed to detect suspicious trading behavior.
Prop Shops Lock On to Crypto Markets
As the sell side hesitates, advanced principal trading shops are getting in on the crypto craze in a big way.
Utility Belt: How Utilities are Stepping Up
Banks, looking for ways to cut costs and meet regulatory pressures, are increasingly turning to collaborative projects like utilities.
UK Strengthens Fintech Strategy with Australia Pact, Crypto Taskforce
The UK's fintech industry receives a major boost as it forms alliance with Australia and launches a new crypto asset task force.
Waters Wavelength Podcast Episode 114: A Recap of FIA Boca - Blockchain, Crypto, AI, Brexit
WatersTechnology attended the Futures Industry Association's annual conference in Boca Raton, Florida. These are the takeaways.
Industry Criticizes Equivalence Measures in Europe’s Brexit Stance
Experts welcome transitional relief but say equivalence is not an appropriate basis for free-trade agreements.
New Lobby Group Aims to Boost UK Fintech Post-Brexit
New initiative brings together leaders in fintech to discuss industry issues and prepare for Brexit.
MarketAxess Banks on Asian Electronic Markets with BlackRock Partnership
Partnership with BlackRock will allow Aladdin client community to access new sources of liquidity in Asian credit markets.
Waters Wavelength Podcast Episode 113: IBM's Lund on Blockchain's Evolution
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.
CFTC Commissioners Lash Out at EC Clearing Proposals
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
DTCC Chief: We’re Going to 'Disappear' As Blockchain Evolves
The head of the US depository system says the utility will not exist in its current form, but will have a central role to play in a post-DLT world.
Neptune Networks Looks to Expand into MBS/ABS in the US
The bond market utility now has 24 banks fully live on the platform with another two set to go live by early Q2.
For Central Banks, Digital Currency Risks May Outweigh Benefits
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
Waters Wavelength Podcast Episode 112: A Look at How Fintechs are Being Disruptive
The past two weeks have seen some major announcements that point to fintechs being even more disruptive than in years past.
Banks and Buy Side Ally for Desktop App Interoperability
Led by OpenFin, FDC3—which includes the likes of RBC, JPMorgan, AllianceBernstein, Citadel and Barclays—aims to create a common language for desktop app interoperability.
Asia’s New Tigers: Exchanges Overhaul Aging Systems
Waters looks at major projects being rolled out in 2018 at exchanges in Japan, Australia, Hong Kong and Singapore.
Europe Unveils Fintech Action Plan
European Commission seeks to build EU fintech lab, promote blockchain and review rules in light of emerging tech.