Waters Wavelength Podcast Episode 73: The UK Election, Brexit & Fintechs; The Bloomberg Point-Port Integration
An examination of what the UK election and eventual Brexit negotiations could mean for London's fintech space followed by a discussion of Bloomberg's Point-Port integration.
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On this edition of the podcast, new co-host, James Rundle, joins Anthony Malakian to discuss Thursday’s UK general election and the effect it could have on the fintech sector in London and Europe. After that, Anthony chats with Sell-Side Technology deputy editor John Brazier to discuss the integration of Barclays’ Point IP into Bloomberg’s Port portfolio analytics platform.
The UK General Election
(0:00-3:10) First, Anthony introduces James—who has taken over as Waters’ news editor and deputy editor of Buy-Side Technology—and gives a reminder that voting on the Waters Rankings closes Friday, EOD, NY time.
(3:30) Speaking of votes, James gives a primer on why the election was called.
(5:30) A quick examination as to why the polls show the race getting closer.
(8:00) Point: Why Brexit could potentially hurt the burgeoning fintech sector in London.
(11:00) Counterpoint: Why Brexit might not hinder the London fintech scene in the long term.
(12:30) What effect might the Brexit negotiations have on talent acquisition?
(17:45) How the isolationist movements sweeping through Europe and the US will hurt the movement of talent.
(22:40) A prediction on the UK general election.
The Bloomberg Point-Port Integration
(24:00) Anthony calls John, who is based out of London, to talk about why fixed-income traders are concerned about Bloomberg’s acquisition and integration of the Point platform’s intellectual property.
(27:45) How Mifid II might play into a firm’s decision to stay with Bloomberg or switch to another option.
(29:40) With the consolidation that the industry is seeing in the portfolio analytics space, is there reason to believe that this consolidation could be better for fixed-income traders in the long run, or create unwanted challenges.
(32:05) Finally, John gives some thoughts on what the election and Brexit could mean for London’s fintech sector.
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Links to articles discussed:
Waters Rankings Voting Now Open
Bloomberg's Acquisition of Barclays Point: Any Port in a Storm
Brexit Offers London Banks Opportunities fora New Start with Cloud API
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony via Twitter or email.
Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com
James: @JimRundle; James.Rundle@incisivemedia.com
Past 10 episodes:
Episode 63: Acquisition Analysis, Rise of Data Spend
Episode 64: Open Source, Cyber, AI - A NATAS Recap
Episode 65: Public Cloud Providers Battle for Dominance, The Rise of Artificial Intelligence
Episode 66: Technologists & Film Portrayals
Episode 68: An Inside Look at IBM Watson
Episode 69: AQR's CTO, Neal Pawar, on Engineers & Open Source
Episode 70: A Look at Liquidnet's Acquisition of OTAS
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