Developments in technology move at lightning speeds. One day, everyone is carrying around BlackBerry phones, and the next, they clamor for an iPhone or a Samsung. And just as Apple puts out a new iPhone every year, people have come to expect similarly rapid updates to the systems they use in the financial industry.
Meanwhile, trader-voice technology and, in particular, the trading turret—a ubiquitous part of every trading desk the world over—has barely changed in decades.
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails