Articles by Wei-Shen Wong
FactSet EMS adds fixed-income trading capabilities
Portware is already integrated with fixed-income electronic trading platform Trumid, as well as Tradeweb, MarketAxess, and Bloomberg.
Waters Wavelength Podcast: Sustainability and the circular economy
Garry Cooper, CEO and co-founder at Rheaply, joins the podcast to discuss the circular economy and how technology plays a part.
Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
IBM’s general manager of global banking and financial markets joins the podcast to talk about the importance of modernizing mainframes.
ASX goes live with new DLT-as-a-service platform
Synfini enables customers to access the exchange’s DLT infrastructure, data hosting, ledger services, and support.
Interoperability: Banks struggle with just how much they want for flagship platforms
For all the talk of interoperability within the capital markets, Wei-Shen wonders just how far firms are willing to go.
After Refinitiv deal, LSEG Labs builds machine-learning market impact tool
Geoff Horrell talks about the Lab’s innovation strategy after the Refinitiv acquisition, deep learning, and the ideation process.
Northern Trust focuses on alpha generation with recent investments, partnerships
Northern Trust has invested in three firms this year, which now sit in its investment data science division as part of its Whole Office strategy.
Waters Wavelength Podcast: State Street’s COO on acquisition strategy
Lou Maiuri, chief operating officer at State Street, joins the podcast to discuss State Street’s acquisition of Brown Brothers Harriman’s Investor Services business.
ASX builds ‘DLT-as-a-service’ offering to help prep market for Chess replacement
The exchange’s customer Daml sandpit has been up and running since January and has had over 20 firms log on. The next phase—its DLT cloud environment—will be ready in early October.
SimCorp takes ‘Aim’ at EDM space with DataCare rollout
Since launching DataCare in April 2020, the vendor has signed up eight clients, including Zurich Group Investment Management.
Waters Wavelength Podcast: Episode 241 (Big Tech and the capital markets)
Wei-Shen and Tony explore the idea of big tech companies disrupting the traditional Wall Street vendors.
Six corporate actions prototype aims to slash data delivery time
If the prototype is put into production, delivery of corporate actions data for dividends could be reduced from up to 24 hours to 15 to 30 minutes.
‘Connect’ schemes will force Chinese buy side IT overhaul
Initiatives that provide greater access to international markets, like the Stock Connect and Bond Connect programs, will drive change at Chinese asset managers struggling with legacy trading technologies.
Firms can't afford to miss out on digital assets, says SBI Digital Markets
Waters Wavelength Podcast Interview Series: Kris Hopkins, now head of capital markets at SBI Digital Markets, discusses the opportunities for capital markets firms in the digital asset space.
Waters Wavelength Podcast: Episode 239 (The ‘E’ in ESG and quarantine woes)
Wei-Shen and Tony talk about climate migration and opportunities that might come about from a data perspective.
Regulators must find a balance with artificial intelligence
There's rapid digital transformation underway in the industry and regulators must get with the game plan while not over-regulating the use of AI.
Waters Wavelength Podcast: Episode 238 (Trying to get back on track)
Wei-Shen and Tony talk about how the pandemic has changed their habits and how they’re trying to do something about it.
ASX automates corporate actions with issuer forms
The exchange group has completed the multi-year program aimed at standardizing data capture and message delivery using the ISO format.
Former Standard Chartered CDO details AI in capital markets and regulators’ approach
Waters Wavelength Podcast Interview Series: Shameek Kundu, now head of financial services and chief strategy officer at AI startup firm Truera, talks AI, the state of the art of infrastructure, and how regulators are keeping a keen eye on the space.
Deutsche Bank leverages AI for securities services
The bank’s client segmentation offering creates more targeted post-trade offerings, while its prediction engine can help reduce settlement failures.
Waters Wavelength Podcast: Episode 236 (Market data, ESG, and interoperability)
Wei-Shen and Tony talk about WatersTech’s three biggest stories of the week.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Shorter settlement cycles could hit non-US firms hard
As efforts continue to shorten the settlement cycle for US securities to T+1, market participants in Asia worry about the potential implications.
Waters Wavelength Podcast: Episode 235 (Privacy and hybrid remote work)
Wei-Shen and Tony discuss the trade-offs between privacy and remote working and some of the concerns app interoperability could bring about.