Lingering questions remain over the SEC's handling of its own cybersecurity incident.
Disaster recovery and business continuity plans take center stage in 2017
"There is also a general feeling among the people I spoke to that the successful firms will be the ones that grasp this opportunity with both hands, rather than sitting back and waiting for it to happen to them."
"It took 20 years to get consensus to move to T+2, but just three years from the inception of the technical working group to implementation."
Buy-side firms in the US should begin preparations for European regulation as a matter of urgency.
Aggelos argues that the tech industry needs greater diversity and how Morgan Stanley's new innovation lab can help in that respect.
Fear of replacement at the mechanical hands of robots is holding back much-needed progress in automation.
Talk of shortening the settlement cycle further is premature and ignores the upheaval it would cause.
While some jobs could be lost as a result of automation in the capital markets, Victor says they aren't likely to rival the cuts that followed the financial crisis.
The European Commission and the wider industry are turning their eyes to post-trade practices
With large numbers of firms still unprepared for many aspects of MiFID II, Max questions whether the laggards—whatever their motives—are ready for the impact of non-compliance on their business.
It's not just the bigger kids in the school yard
I am fairly certain that I lucked into editing Inside Reference Data at simultaneously the least interesting and most interesting time possible. …
Aggelos recently traveled to Copenhagen and met with the CEO of Saxo Bank, Kim Fournais. During their meeting, Fournais explained that trading technologies might just create a new crisis across the capital markets. Aggelos disagrees, although he says…
Blockchain is over-hyped in many instances—but perhaps not this one
The CFTC has begun staffing up, after a long period of thinning leadership.
Even with the advent of blockchain, machine learning, and artificial intelligence, automation remains the technology that has revolutionized the industry.
Complaining about the influence of the new generation is de rigueur in some executive circles. But, James argues, senior technologists might not want to be the first ones to cast stones.
The implications of Brexit can wait; Mifid II is a much more prescient concern for sell-side institutions, not just in Europe.
The unbundling of research will present new challenges for the industry, but on balance, it should be good.
In the world of traditional data management versus advanced analytics, some see data managers as sherpas and data science professionals as rocket scientists.
Regulators may be about to call the industry's bluff on Mifid II time pressures
Throwing more technology at technology problems is rarely the answer, but keeping central questions in mind can prompt beneficial reform
Incumbent vendors may turn the table on fintech upstarts, once regulation begins to calm down