Waters Wavelength Podcast: A tech unicorn's take on cloud and infra in the capital markets
Andy Volz, chief operating officer at capital markets fintech firm Clear Street, joins Tony on the podcast to talk about cloud and infrastructure woes in the capital markets.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, 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 click on the download button in the player above.
You can also listen to us on Spotify and Apple Podcasts.
This week, Andy Volz, chief operating officer at Clear Street, joins Tony on the podcast. They discuss the challenges existing technology infrastructures pose to the capital markets, the growing necessity of the cloud, and some trends in the market.
9:00 – Andy joins Tony on the podcast and gives an overview of his career and what Clear Street does.
12:00 – They discuss the bottlenecks in capital markets tech infrastructure.
14:00 – Where does the broker community struggle to provide additional insights?
18:30 – The advantage of being “cloud-born.”
20:30 – The lack of innovation in technology and regulation are systemic threats to liquidity within public equity markets.
22:00 – Andy explains how legacy infrastructure adds cost to end users.
24:30 – Is there something fundamentally changing the markets?
28:00 – They discuss using blockchain in equity clearing and the risk of vendor lock-in.
33:00 – Andy gives an insight into Clear Street’s next growth stages.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 243: LSEG’s head of innovation on strategy and deep learning
Episode 244: IBM’s Likhit Wagle on modernizing mainframes
Episode 245: Sustainability and the circular economy
Episode 246: Bill Murphy on innovation discovery
Episode 247: DTCC’s Peve on using tokenization to streamline private markets
Episode 248: A Merry Covid Christmas
Episode 249: MayStreet’s Kimmel on the NMS plan
Episode 250: Tradeweb’s Bruni on electronification of repo markets
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: https://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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
24X files for exemption from SIP rule to take part in overnight trading
The exchange, which began operating in mid-October last year, plans to offer the overnight session in the second half of 2026.
HSBC gives 31,000 engineers an AI coding assistant
CEO Georges Elhedery said the bank is re-engineering its end-to-end processes and enhancing customer experiences with new AI tools.
Bloomberg Terminal’s agentic play shows rapid change in trading tech
Waters Wrap: The data giant’s conversational AI interface might seem novel, but others say having one is becoming a bare minimum in the world of trading technology.
AllianceBernstein enlists SimCorp, BMLL and Features Analytics team up, and more
The Waters Cooler: Mondrian chooses FundGuard to tool up, prediction markets entice options traders, and Synechron and Cognition announce an AI engineering agreement in this week’s news roundup.
CompatibL’s unique AI strategy pays dividends
CompatibL’s unique approach to AI and how its research around cognitive bias and behavioral psychology have improved the reliability of its AI-based applications.
Market participants voice concerns as landmark EU AI Act deadline approaches
Come August, the EU’s AI Act will start to sink its teeth into Europe. Despite the short window, financial firms are still wondering how best to comply.
Ram AI’s quest to build an agentic multi-strat
The Swiss fund already runs an artificial intelligence model factory and a team of agentic credit analysts.
Fidelity expands open-source ambitions as attitudes and key players shift
Waters Wrap: Fidelity Investments is deepening its partnership with Finos, which Anthony says hints at wider changes in the world of tech development.