Bank of America reduces, reuses, and recycles tech for markets division

Voice of the CTO: When it comes to the old build, buy, or borrow debate, Ashok Krishnan and his team are increasingly leaning into repurposing tech that is tried and true.

Voice of the CTO

Last year, WatersTechnology spoke with eight senior technologists from eight different tier-one banks. Those interviews were conducted on background to get an honest understanding of the challenges they were facing. Nearly all of those challenges still exist today—you can find those articles here.

For this year’s series, we wanted to drill into interesting projects from five different institutions: three global systemically important banks (G-Sibs), one large buy-side firm, and

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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