interoperability
FDC3 creator sets sights on cloud-based interop with new company
Nicholas Kolba’s new venture aims to provide cloud-based interoperability for financial services apps—free of desktop containers and proprietary implementations.
Broadridge’s Gokey eyes interop to connect back-office data for front-office needs
The vendor is leveraging its back office capabilities and platforms to integrate Itiviti, and bolster its LTX bond trading platform.
When machine learning goes awry, here's how to do better next time
Executives from JP Morgan, Morgan Stanley, and BNY Mellon discuss the lessons learned through experimenting with machine learning at their firms.
Waters Wrap: The Big Tech cloud providers are coming for your toys
Anthony thinks that the fintech community should be looking over their shoulders as the major cloud providers are going to disrupt financial markets even more than they do today.
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
BlackRock calls for blockchain to fix futures processing snags
The asset manager wants the industry to move faster in adopting a “single source of truth” model.
Charles River adds AWS to build out multi-cloud strategy
The vendor is also using Microsoft Azure and is rolling out a new Ibor product in the cloud.
Natixis: Interop is a buy-side “necessity”
The asset manager is building front-office interoperability based on a canonical data model.
Waters Wrap: The next evolution of FDC3
Anthony examines how an open-sourced implementation of the FDC3 standard might change the interoperability landscape.
Bloomberg’s Aim-Port integration highlights broader industry interop push
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.
Are cloud standards a bright new horizon, or just pie in the sky?
Cloud computing standardization is a buzzword in 2022, offering the promise of full multi-cloud interoperability. But are cloud standards possible in practice, or even desirable?
Cboe completes integrations of triple acquisition, turns focus on risk and analytics
In 2020, Cboe Global Markets acquired three businesses in rapid succession. Two years later, the tech stack integrations are complete, and the now-combined entities make up the majority of the exchange’s rebranded Risk and Market Analytics Group.
Finos project seeks fully open-source FDC3 implementations
New initiative aims to provide a free, open-source Electron-based reference implementation of the FDC3 standard.
Waters Wrap: Snowflake’s cloud plans and what they mean for the interop movement
Upstart Snowflake hopes to be the global data network that brings true interoperability between data and trading platforms across the capital markets. Anthony says it’s an audacious plan, but one worth watching.
Waters Wrap: As M&A heats up, integration concerns mount
In the order and execution management space, and in the mid-tier market data platform provider space, there’s been a fair amount of M&A activity in recent years. Anthony looks at why some market observers are worried about this consolidation.
One view to rule them all: Buy side firms seek to unify their data
Asset management firms still struggle to consolidate their data so that it speaks the same language across different business lines. Some new SaaS-based investment management vendors are aiming to solve this.
Waters Wrap: Data ownership & storm clouds brewing
Thanks to technological advancement, firms are finding new ways to monetize data. While the question of “who owns the data” was never a pressing one in the past, Anthony says that there are reasons to believe that will soon change.
Cost, security concerns dampen banks' appetite for multi-cloud infrastructures
As firms make progress on cloud adoption, they are discovering that multi-cloud strategies for individual businesses can not only duplicate costs, but can also inadvertently downgrade a firm's resiliency.
What the hell is Web3, anyway?
The next iteration of the internet is upon us, with the potential to deliver radical shifts to every industry, including banking. The movement, which is currently buoyed by the prospects of blockchain and virtual reality, has implications for computing,…
Waters Wrap: Tech procurement, hospitality & how cloud has changed the game
Because it’s easier to switch tech providers, and because the pandemic is helping to push firms to want tools delivered as a service, and because of new rules, and because of mounting challenges from startup fintech companies, Anthony says that incumbent…
Waters Wrap: The biggest disruptors facing the capital markets as we head into 2022
In Anthony’s mind, eight topics will dominate the headlines in the New Year. They are…
FactSet EMS adds fixed-income trading capabilities
Portware is already integrated with fixed-income electronic trading platform Trumid, as well as Tradeweb, MarketAxess, and Bloomberg.
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
Interoperability: Banks struggle with just how much they want for flagship platforms
For all the talk of interoperability within the capital markets, Wei-Shen wonders just how far firms are willing to go.