Opinion
Waters Wrap: ChatGPT and the next wave of AI evolution
As the December holiday break loomed, a new tool released by OpenAI had engineers, analysts, programmers and even writers like Anthony wondering what the future of their professions might hold.
The year identifiers wanted some attention too
Cusip! Figi! Isin! BTC! LEI! Taylor Swift? How did we get here and where do we go now?
Waters Wrap: Big Tech, exchanges and a rapidly evolving market
Following LSEG’s partnership with Microsoft, Anthony talks with some industry participants to explore what this might mean for exchange tech going forward.
Understanding investor overlap across late-stage private stocks
Investing in private markets is no longer just for venture capitalists and private equity funds. But as demand for stakes in these companies grows, so does the overlap in who is investing, as well as calls for more consistent valuations.
Waters Wavelength Podcast: Treating the buy side’s fever
This week, Andrea Gentilini, head of SEI Novus, joins the podcast to discuss how the buy side evaluates their skillsets.
The push for AI to unlock elusive automation in bond trading
Calculating total market capacity is key to automating the end-to-end execution of large bond trades, says Vuk Magdelinic.
Where does Pyth fit in?
A small number of exchanges have joined the Pyth Network. Nyela wonders whether the on-chain data distribution model fits in with the swift rise of data marketplaces.
Waters Wrap: Are consortiums more viable in today’s tech environment?
Rishi Nangalia and Nilesh Nanavati, founding partners of advisory firm OpCo, say that while consortium projects are popular in the capital markets, most fail to get off the ground. Can that be prevented?
Waters Wavelength Podcast: Episode 257 (DLT loses favor)
This week, Shen and Tony talk about the usability of distributed ledger technology as a solution for capital markets firms.
Waters Wrap: ASX’s Chess DLT meets calamitous fate—what can be learned?
The future of exchange technology resides in the cloud…not blockchain. Anthony says ASX proved this with its Chess replacement project.
Waters Wavelength Podcast: Fixed income execution & innovation
This week, Spencer Lee, chief markets officer at TS Imagine, joins Tony on the podcast to discuss execution issues and innovation within the fixed income space.
Regulation of fixed income faces pivotal year ahead
Jo says the SEC’s Treasuries-focused regulatory agenda will come to fruition next year, and tech vendors will face the burden of those proposals.
American unicorns: When primary rounds are distant, secondary markets provide clarity
Unlike in the public markets, valuations of so-called ‘unicorn’ start-ups might only be updated following funding rounds. What if investors want insights more frequently?
Waters Wavelength Podcast: Episode 255 (Wfic and everything cloud)
Josephine joins the podcast to discuss what went down at the World Financial Information Conference (Wfic) in Prague.
Waters Wrap: Banks explore new avenues for cloud cooperation
As banks and asset managers move more workloads to the cloud, they’re trying to find ways to cooperate to cut costs and exert more influence over the likes of AWS, Google and Microsoft. Anthony wonders if these early efforts will yield beneficial results…
Cyber incident reporting: convergence is key
FSB working group chair advocates common reporting framework and taxonomy
Waters Wrap: Where have all the (data) cowboys gone?
Industry veterans says there’s a dearth of market data management talent in the lower ranks. Following Max Bowie’s coverage, Anthony explores some other reasons for this brain drain.
How to hone NLP's detection skills: a cue from a super-sleuth
With a sharper focus, AI readers could help detect hidden exposures for investors
Waters Wrap: What makes for a ‘true’ cloud migration?
While most every trading firm is migrating workflows and platforms to the cloud, Anthony explains that not every migration project is created equal.
Is disruption finally coming for the index business?
Regulatory developments and startups gaining some ground may—one day—threaten the incumbent providers in this space.
Reflections on a decade of post trade
After years of neglect, back-office processes are finally getting attention. Wei-Shen wonders how much innovation can truly take place in the back office and how processes will actually improve.
Waters Wrap: The buy side, the changing nature of buy v. build, and how fintech has evolved
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…
The tortoise and the hare ... and the unicorn
Where will private market unicorns finish in the race between the public market tortoises and hares? ApeVue looks at data from the opaque private markets for answers.
SEC deadline raises existential questions for US market data
This month, the commission must decide on a fee filing under its market data modernization efforts. Jo wonders how likely we are to see those efforts materialize any time soon.