Open-source
Banking group trials quantum computing for portfolio hedging and optimization
After experimenting with gate model quantum computers—as used by IBM and Google—CaixaBank gets to work on real-life problems.
Cloud promises cost savings, but users still overspend
Cloud overspending and overprovisioning is a pervasive problem as cloud usage is poised to grow in 2022.
Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
Anthony looks at how Nasdaq's Quandl strategy ties into other trends spreading through the market.
Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides
The world’s biggest banks want the new talent to possess at least some open-source technology skills, which was unthinkable a decade ago. It’s a win for advanced open-source practitioners, but how did it materialize? The answer is likely a not-so-even…
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
Refinitiv’s CodeBook targets financial programmers with built-in data access
Since it soft-launched the coding environment last year, Refinitiv has added an item browser to allow coders to look up financial information.
People Moves: FactSet, AFMA, Finos, Tradeweb and more
A look at some of the key "people moves" from this week, including Linda Huber (pictured), who joins FactSet as chief financial officer.
Waters Wrap: Broadway Technology, Symphony, and new beginnings (And other new CEOs)
Anthony takes a look at some major CEO changes from the last year, and what those moves might mean for clients of those vendors.
Waters Wrap: The Symphony-Cloud9 tie-up hints at a new tune for the comms provider
Anthony talks with Brad Levy about the company’s acquisition of Cloud9, its plan for future acquisitions, the possibility of an IPO, his thoughts on Big Tech providers, and more.
This Week: Symphony, Digital Asset/Nasdaq, State Street, Finos & more
A summary of some of the past week's financial technology news.
Technical difficulties: OpenFin says it’s committed to FDC3, while others have their doubts
After quietly pulling its Finos membership this year, OpenFin’s involvement—at least in the public forum that governs it—with the interop standard it has championed for years, continues to dip. Though the vendor has re-affirmed its commitment to FDC3…
Quoniam AM turns to machine learning for non-linear stock relationships
The Frankfurt-based asset manager is using machine learning to look at the performance of stocks with low returns, high-growth.
Waters Wrap: Buzzwords and the hype machine (And editorial judgment)
Anthony previews some of the major trend topics that WatersTechnology will look to cover over the next eight months.
OpenFin outgrows container tech origins with Workspace UI launch
New interface will standardize notifications, user interactions and content presentation.
Banks, asset managers weigh trade-offs in third-party tools for machine learning
Although many banks and asset managers still prefer to build models in-house, off-the-shelf products are maturing.
Confidential computing projects could answer industry’s cloud security questions
Perhaps smarter than blockchain and certainly closer than quantum computing, this type of complex computing could accelerate banks' move to the cloud—if the industry gets it right.
Asia at the Forefront of Innovation—A Look at Tech Projects in the Region
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
Wavelength Podcast Ep. 221: Tech Execs Discuss Innovation in 2020
JP Morgan Chase's head of AI technology and Deutsche Bank's head of innovation for the Americas at Deutsche Bank join to talk about AI, cloud, and more.
IBM Bets on Cloud & Containerization to Win Over Investment Banks
After its acquisitions of Red Hat and Promontory, IBM is looking to expand its footprint in the capital markets through containerization, as well as reg reporting in the cloud.
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Waters Wrap: Goldman’s Marquee Move a Sign of Larger Industry Shift (And Refinitiv’s API Rebrand)
Anthony explores changing concept of a trading platform, and what that might mean for the future of tech development.
Goldman Sachs Takes Aim at Interoperability, Analytics with Marquee Enhancements
The bank’s recent moves signal what could become a managed services offering, as Goldman further embraces cloud, open source, and APIs.
Broadridge Onboards Clients to Corporate Bonds Platform Set to Launch Next Year
The vendor's LTX platform leverages a neural network to navigate the complexity of the corporate bond market, and is expected to launch in the first quarter of 2021.
QuantConnect Brings Low-Code Principles to Quant Finance
Later this year the vendor is looking to allow users to clip together various components of an algorithmic trading strategy, making it easier for users with limited programming skills to build their own trading strategies.