Waters Wrap: Best-of-Breed or One-Stop-Shop, That is the Question (And NLG Thoughts)

RBC is building a new custody platform using a variety of vendors, and it shows how the interoperability movement is progressing. But Anthony wonders how interop will continue to evolve at a time of great consolidation.

Before we get into some of my thoughts on things like natural language generation, application interoperability, and Taylor Swift (naturally), I’d like to highlight three outstanding (and long) features and an opinion piece that we published this week.

First, Max Bowie spoke with a swath of tech companies to learn about how they go about putting their software through rigorous testing environments. As mission-critical elements of trading firms’ architectures adopt new technologies such as cloud

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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