Oh, Canada ... YOU’RE KILLING ME!
When you write for a monthly magazine, where you have to close each issue more than a week before the first of the following month, the greatest concern you have is that the information included in your story will be outdated by the time it hits the readers’ hands.
So with that in mind, I'd like to send a big, "Thanks for nothing, Canada!" to my neighbors to the North; you really screwed me this month!
In a single week, my July profile of CNSX Markets—which featured CEO Ian Bandeen and vice president of corporate development Richard Carleton—was riddled with old news. First, and most important to the story, it was announced that Bandeen was stepping down from his role and that Carleton would take over as the interim CEO.
This was problematic, but it could've been worse. When I pitched the story idea to the CNSX—back in March, mind you—I asked only to speak with Bandeen. The CNSX said that would be fine, but that they would like Carleton to be involved. I should've known what was coming.
Fortunately, this change happened just before we sent the magazine to the printers, and we were able to get a little blurb in about the switch. And, really, it wasn't so bad, because now I have two CEOs on the cover, instead of just one.
But I wasn't able to account for the London Stock Exchange–TMX Group merger debacle. When doing the background reporting for the CNSX story, I asked multiple analysts and industry participants whether they thought the deal would go through—most people said they thought it would. But this week, all the strings started to unravel, and on Wednesday, it was announced that the deal was dead.
C'est la vie; these things happen. Hopefully, you'll still enjoy the piece—which is focused on the CNSX's history and the IT upgrades it is currently working on. And if you don't? Well, then you're probably Canadian and I'm mad at you anyway.
To be honest, this whole thing has made the Boston Bruins winning the Stanley Cup that much more bearable. (OK. Now we're even.)
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
AllianceBernstein enlists SimCorp, BMLL and Features Analytics team up, and more
The Waters Cooler: Mondrian chooses FundGuard to tool up, prediction markets entice options traders, and Synechron and Cognition announce an AI engineering agreement in this week’s news roundup.
CompatibL’s unique AI strategy pays dividends
CompatibL’s unique approach to AI and how its research around cognitive bias and behavioral psychology have improved the reliability of its AI-based applications.
Market participants voice concerns as landmark EU AI Act deadline approaches
Come August, the EU’s AI Act will start to sink its teeth into Europe. Despite the short window, financial firms are still wondering how best to comply.
Ram AI’s quest to build an agentic multi-strat
The Swiss fund already runs an artificial intelligence model factory and a team of agentic credit analysts.
Fidelity expands open-source ambitions as attitudes and key players shift
Waters Wrap: Fidelity Investments is deepening its partnership with Finos, which Anthony says hints at wider changes in the world of tech development.
Fiber’s AI gold rush risks a connection drop
In search of AI-related profits, investors flocked to fiber cables, but there are worrying signals on the horizon.
JP Morgan gives corporates an FX blockchain boost
Kinexys digital platform speeds cross-currency, cross-entity client payments.
BlackRock further integrates Preqin, Nasdaq and Osaka Exchange partner, and more
The Waters Cooler: SGX remodels data lake, ICE seeks tokenization approval, TNS closes Radianz deal, and more.