Articles by Theo Normanton
UK pushes financial firms to adopt privacy-enhancing technologies
Lawmakers and vendors are set to usher in an era of mutualized data insights. Are banks ready?
Waters Wavelength Podcast: Episode 276 (Dos and don’ts for PR People, Part Four)
The team in London, plus Shen, gives an update on the rules all media relations teams should follow.
ECB’s Lagarde sets out vision for integrated European capital market
The president of the European Central Bank argues for a more ambitious, top-down approach to the capital markets union.
Settlement ‘instructions’: Firms look to US for guidance as Europe braces for T+1
Operations professionals in Europe look across the pond for lessons in managing shorter settlement cycles.
Isda doubles down on digital push with new tech team
The new division is tasked with identifying new areas for standardization.
Traders, vendors seek to modernize chronically underinvested FX tech
The average FX professional uses eight applications at any one time. But integrating the FX workflow is a daunting task.
New crypto Isins seen as ‘really important’ step for TradFi adoption
Execs at TP Icap and Societe Generale say the identifier removes a major barrier for crypto acceptance.
Tradeweb turns attention to automating larger trades in credit
CEO: “In 2023, as we’re entering 2024, there are still clients that pick up the phone and do trades like it’s 1994.”
BlackRock forecasts return to fixed income amid efforts to electronify market
The world's largest asset manager expects bond markets to make headway once rates settle.
Waters Wavelength Podcast: Navigating the buy vs. build debate
Adaptive Financial Consulting’s Matt Barrett joins the podcast to discuss how firms decide to build or buy.
Europe’s AI Act is taking shape. How will the UK respond?
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
The consolidated tapes are taking shape—but what shape exactly?
With political appetite established on both sides of the Channel, attention is turning to the technical details.
Integration looms large for buy-side firms deciding on whether to buy or build
As high-speed trading systems become par for the course, asset managers turn their focus to integration capabilities, according to a new study.
Locking down the lifecycle: Trading Technologies turns to analytics and TCA in latest acquisition
The tech provider gains TCA, analytics, and algo optimization tools as established vendors vie to build more comprehensive platforms.
Can FIX fix patchy exchange outage communications?
A FIX working group is hoping to standardize the way that venues communicate with the sell side when markets fail.
Terminal velocity: MarketAxess bets on algo trading as electronification of fixed income gathers speed
MarketAxess hopes to bring fresh ideas from other asset classes with acquisition of multi-asset algorithm provider Pragma.
Underwhelming sales dominate Broadridge earnings call
The company’s Q4 call also hinted at developments in its use of AI in fixed income markets.
What’s the market for Ion Markets?
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
Gleif hopes to entice LEI laggards with new digital identifier
The vLEI has ambitions to become the backbone of digital trust.
MarketAxess looks to proprietary data and automation with new offerings
The fixed-income trading provider’s Adaptive Auto-X automation tool and new data offerings were a bright spot amid lackluster Q2 earnings.
Nasdaq’s Friedman hints at plans for Adenza post-acquisition
During Nasdaq’s earnings call, Adena Friedman explained to skeptical investors why the deal makes sense for the exchange operator.
Automation in fixed income: Sorting the bluster from the bleeding edge
Automation is gaining traction in fixed-income markets, but use cases are limited and progress is slow. Market participants must overcome some uniquely human problems before they fully embrace the machine.
Is the equities tape slipping through Europe’s fingers?
The EU has finally reached a compromise on a consolidated tape. But Theo wonders if it is too little, too late.
Nasdaq–Adenza: A look at the tech
The exchange operator announced its intention to acquire the software firm, which combines AxiomSL and Calypso, in a deal that amounts to its largest acquisition to date.