Waters Wavelength Podcast Episode 70: A Look at Liquidnet's Acquisition of OTAS

Adam Sussman joins Anthony Malakian to talk about Liquidnet's acquisition of OTAS, machine learning and AI, and what the buy side wants from analytics platforms.

Waters Wavelength


Earlier this week it was announced that Liquidnet had acquired OTAS Technologies, a vendor that had made its name in the analytics and artificial intelligence fields. To discuss what the deal means for users, as well as some of the broader trends in the market, Adam Sussman, head of market structure for Liquidnet, joins Anthony on the podcast.

(0:00-2:40) Some information about the Waters Rankings and next week’s North American Financial Information Summit.

(2:40) Adam joins via phone.

(3:30) Adam talks about how this deal will bring together Liquidnet’s Virtual High Touch trading platform with OTAS’s analytics platforms.

(4:35) How the pairing will improve decision-support capabilities for traders.

(5:35) How will it help buy-side firms to better monitor performance and algo usage?

(7:45) Why did Liquidnet go with OTAS over other analytics providers?

(9:05) For OTAS users, will they have full access to the tools they were previously using with the vendor? And what will integration look like?

(12:15) More generally, what does the buy side want when it comes to analytics platforms and alternative data today compared to previously?

(14:55) How is artificial intelligence and machine learning playing into what you can deliver to traders?

If you have a SoundCloud account, be sure to subscribe to our page. You can find our account here.

We are also on iTunes. Search "WatersTechnology" in the iTunes store to find us and subscribe, or click here.

[Note: Some versions of the Chrome browser will not allow you to skip ahead; consider using a different browser.]


Links to articles discussed:

Waters Rankings Voting Now Open

Liquidnet Buys OTAS

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 Dan via Twitter or email.

Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com

Dan: @dandefrancesco; Dan.DeFrancesco@incisivemedia.com 


Past 10 episodes:

Episode 60: Bill Murphy, Blackstone CTO

Episode 61: Automating Processes

Episode 62: Shadow IT, CFTC's Giancarlo at FIA Boca

Episode 63: Acquisition Analysis, Rise of Data Spend

Episode 64: Open Source, Cyber, AI - A NATAS Recap

Episode 65: Public Cloud Providers Battle for Dominance, The Rise of Artificial Intelligence

Episode 66: Technologists & Film Portrayals

Episode 67: A Farewell to Dan

Episode 68: An Inside Look at IBM Watson

Episode 69: AQR's CTO, Neal Pawar, on Engineers & Open Source

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 copy this content. Please contact info@waterstechnology.com to find out more.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

Broadridge CEO: ‘We intend to be a leader in AI’

In 2023, Broadridge became one of the first capital markets-focused companies to roll out a GPT-powered tool. Now it is looking across use cases and foundational models to determine where to plant its flag next.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here