Emerging Technologies
Smartstream launches agentic solution, SEC greenlights 23/5 trading for Cboe, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
The enshittification of AI
The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.
Paxos wins temporary approval for blockchain clearing push
Blockchain infrastructure company will have a period of 18 months to “ramp up” readiness for operations, per the SEC’s approval letter.
DTCC dives into public cloud
The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.
Fidelity Labs: One model to rule them all
Fidelity Labs’ latest AI undertaking involves repurposing baseline AI tooling across the organization.
MCP is dead, long live MCP
The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.
Blackstone partners with Google, BBH and Citi enhance API connectivity, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Waters Wavelength Podcast Ep. 352: Agentic workflows, AI bootcamps, regulation, and faves from Seoul
This week, Tony and Shen chat about some recent stories.
Old data practices key to navigating new agentic ambitions
Metadata and data quality are not as sexy as autonomous agents, but data executives across the capital markets warn that they are integral to successful agents.
EU AI Act leaves agents in regulatory limbo
A new paper published by AI ethicists draws attention to a hole in the EU AI Act surrounding high-risk agentic systems.
CME to launch compute futures, agentic AI for capital calls, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
APAC’s hidden opportunity is in the hands of wealth managers
Asia-Pacific’s financial firms have lofty growth ambitions that will come with high cost and complexity. To succeed, they’ll need a quality portfolio toolkit and a connected technology architecture, writes BlackRock’s James Verner.
FactSet’s vectorization service aims to improve agent accuracy
FactSet chief AI officer Kate Stepp discusses the importance of having AI-ready data in the agentic era.
DeFi and TradFi firms are borrowing each other’s benefits
The Waters Wrap: As blockchain tech gains a small foothold in market data, Nyela says the thing separating blockchain’s previous craze and its second wind is choice.
Hitting the Great Wall: Details scarce on China’s Xinchuang initiative
In a quest to learn more about China’s Xinchuang initiative, Wei-Shen finds trying to get information feels like running into a wall over and over again.
Anthropic builds finance agents, Osttra buys HUB, TMX mulls extended trading, and more
A recap of the major tech and data news from the past week in the capital markets.
Bootcamps and peer pressure: Goldman preps staff for AI future
Isda AGM: Tone from the top is not enough, says chief information officer Marco Argenti.
Symphony introduces agentic workflows to core platform
Through the new AI agent studio, firms will now be able to build their own AI agents within the Symphony platform.
Apac buy-side firms embrace AI and automation to bolster the business
How Apac buy-side firms are using AI, APIs and automation to transform investment workflows
FactSet and JP Morgan’s new tool, Broadridge’s proxy voting play, Fitch’s new MCP, and more
A recap of the major tech and data news from the past week in the capital markets.
Capital markets’ demand for Google’s chips buoys cloud business
Google will begin delivering its TPUs to a select group of clients in their own datacenters later this year.