Cloud
Waters Wrap: ASX’s Chess DLT meets calamitous fate—what can be learned?
The future of exchange technology resides in the cloud…not blockchain. Anthony says ASX proved this with its Chess replacement project.
Regulation of fixed income faces pivotal year ahead
Jo says the SEC’s Treasuries-focused regulatory agenda will come to fruition next year, and tech vendors will face the burden of those proposals.
Waters Wavelength Podcast: Episode 255 (Wfic and everything cloud)
Josephine joins the podcast to discuss what went down at the World Financial Information Conference (Wfic) in Prague.
All the pieces fit: connecting trader voice and messaging across workflows
Cloud9 expands Symphony's communication channels to trader voice, in an effort to simplify workflows as Wall Street struggles with compliant communications.
Waters Wrap: Banks explore new avenues for cloud cooperation
As banks and asset managers move more workloads to the cloud, they’re trying to find ways to cooperate to cut costs and exert more influence over the likes of AWS, Google and Microsoft. Anthony wonders if these early efforts will yield beneficial results…
LSEG’s Refinitiv to deliver Real-Time Full Tick data on the cloud in 2023
The data vendor has 19 points of presence from where it will provide co-located access to the new managed services by Q2 2023.
Goldman Sachs, JP Morgan join forces to explore market data in the cloud
The banks’ vision is for vendors and consumers to be able to distribute and access all data sources in a multi-cloud environment. They’re mapping the way to get there.
Fees rise and questions linger as Esma ramps up analytics capabilities
The EU regulator’s expanded supervisory powers and big data capabilities have caused some confusion on how the data will be used and how Esma’s new role will shape reporting regimes.
BMO CIO: Open source boosts internal risk platform performance
The bank’s proprietary solution uses Apache Spark to calculate forward-looking loss scenarios in its loan portfolios.
Operational resilience and security drive DTCC’s agenda
As capital markets firms continue their digitization drive and look to the cloud for increasingly large swaths of their technology and data needs, they also inadvertently expose themselves to a range of operational risks.
EU Regulator: Incoming rules will arm financial institutions to negotiate cloud contracts
While the new rules will eat into financial services resources, regulators say they will also offer safeguards for managing cloud agreements.
Waters Wrap: What makes for a ‘true’ cloud migration?
While most every trading firm is migrating workflows and platforms to the cloud, Anthony explains that not every migration project is created equal.
Mainframes still mainstream: How financial markets are embracing and evolving 'legacy' IT
Tech giant IBM is targeting security, AI, and portability in the modernization of the mainframe as firms report still retaining “the workhorse of the back office.”
Nasdaq gears up for 1st migration in a long journey to AWS
While Nasdaq is set to begin migrating its MRX exchange to AWS’s cloud infrastructure next month, the full migration program could take 10 to 15 years to complete.
Reflections on a decade of post trade
After years of neglect, back-office processes are finally getting attention. Wei-Shen wonders how much innovation can truly take place in the back office and how processes will actually improve.
Waters Wrap: The buy side, the changing nature of buy v. build, and how fintech has evolved
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
Democratising market data in a changing era
CME Group explores why demand for instant, simpler data is driving direct access to exchanges via cloud technology
New study shows mainframes still popular despite the rise of cloud—though times are changing…fast
A whitepaper from the DTCC and Celent finds that 67% of buy- and sell-side firms hope to be “cloud first” by 2024, but mainframes still part of the equation.
After switch to Google, Symphony begins data migration for clients
Symphony decided to first migrate client data to Google from AWS, and then focus on applications.
The newest trade repository in town preps for uphill battle
Ex-head of CME Group’s repository services looks to disrupt regtech with his startup, recruiting talent from market structure firms that have scaled back regulatory reporting businesses.
Waters Wrap: Fintech funding—follow the money
As funding for startups and young companies dries up due to inflation and rising interest rates, Anthony looks at some of the vendors that have received monetary infusions this year to see if there are any patterns to be gleaned.
Adaptive pushes low-latency open-source messaging
The London-based consultancy is looking to engage firms and exchanges on its Aeron messaging technology, which it acquired earlier this year.
Waters Wrap: ASX, Cboe and evolving exchange technology
As ASX’s Chess replacement project stalls yet again, Anthony wonders if the exchange is at risk of falling behind the likes of Cboe, Nasdaq and CME, which are making major investments in cloud technology.
Waters Wrap: Ion’s fixed income EMS & how tech development theory is changing
Some of the largest trading platform providers have embarked on major integration projects in recent years. As fintech disruption continues, Anthony says this is not a fad, but an evolutionary shift.