Wavelength Podcast Episode 160: Pete Cherecwich of Northern Trust
Pete talks about privacy and convenience—and where firms tend to get tripped up when walking this balance beam.
James Rundle, WatersTechnology’s editor, and Anthony Malakian, editor at large, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
Pete Cherecwich, president of Corporate & Institutional Services (C&IS) at Northern Trust, joins the podcast to examine the challenges that firms face today when trying to offer convenience through technological innovation, while also making sure that these services are secure—the old security-versus-convenience debate, but on an enterprise scale. Also, Bloomberg intends to exit two key businesses and WatersTechnology has a new reporter.
Pete Cherecwich
1:00 Pete joins the podcast
2:30 Security versus convenience
4:00 The problem with trying to monetize internal data
5:30 Navigating convenience and functionality
10:00 Changing the culture and organization
13:30 The problem with tech disintermediation
15:30 The blockchain question
18:30 Is an industry data utility the right answer?
20:30 GDPR
23:00 Security best practices
24:30 Northern Trust is partnering with Bloomberg to offer custodial data
27:00 C&IS’ product roadmap for 2019
In the News
30:00 Some big, exclusive news: Bloomberg intends to exit its Sell-Side Execution and Order Management Solutions (SSEOMS) and its Know-Your-Customer (KYC) businesses, which includes Entity Exchange and Entity Intelligence.
36:00 Introducing WatersTechnology’s newest reporter, Rebecca Natale!
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony or James via Twitter or email.
Anthony Malakian, editor at large: @a_malakian; anthony.malakian@infopro-digital.com
James Rundle, US editor: @JimRundle; james.rundle@infopro-digital.com
Rebecca Natale, staff reporter: @rebnatale; rebecca.natale@infopro-digital.com
Past 10 episodes:
Episode 150: Bill Murphy of Blackstone Group
Episode 151: Examining the MEMX Announcement
Episode 152: Initial Margin Tech & Investment Theory
Episode 153: Nasdaq's Lars Ottersgård
Episode 154: Bryan Cross, UBS Asset Management
Episode 155: Martin Boyd of FIS; A Look at the CAT
Episode 156: Gil Mandelzis, Capitolis
Episode 157: FIA Boca Preview & Other News
Episode 158: Giancarlo’s Swan Song; Crypto Madness; DTCC/ASX Blockchains
Further reading
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Firms step up non-compete use to protect tech, data IP
US states are increasingly banning or limiting the use of non-compete contracts, but financial firms are using them more frequently to safeguard proprietary tech and data assets—including the knowledge of the individuals who work on them.
The IMD Wrap: Dining on data, from pay-as-you-go to all-you-can-eat
Max puts on his best Anthony Bourdain voice to reminisce about seminal sushi experiences, and to look forward to the future, where perhaps the industry will also adopt more consumption-based approaches to market data (and hopefully more sushi).
What is Aladdin Trader? BlackRock’s fixed-income tool still a mystery
Sources tell WatersTechnology that Aladdin Trader will expand on the platform’s ‘limited’ execution functionality.
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 Wrap: Examining ASX’s CHESS do-over
The Australian exchange was the first exchange to be all-in on DLT—and the project failed. Anthony speaks with ASX’s Tim Whiteley to discuss the lessons learned and why he thinks the second attempt will succeed.
Banks find intriguing ‘data play’ via tokenization efforts
Tokenization is no longer just a peculiarity of the crypto world, as execs from global custodian banks discuss their firms’ tokenization and digital assets strategies.
The IMD Wrap: Are server life extensions putting profits before performance?
Cloud providers are having to make more hardware available to keep pace with takeup—including older machines that under previous policies would have been retired already. But the move is proving profitable … and risky.
Goldman Sachs looks to ‘Amazon’-like ecosystem with MarketView launch
The new research and collaboration tool is delivered through Goldman’s Marquee platform.
