Emerging Technologies
2021: The year when Big Tech ‘Googled’ the financial markets and liked the results
Now that cloud has become widely adopted by financial firms, Big Tech companies are seeking to leverage their other services to become more ingrained in the workflows of the capital markets.
Machine learning & NLP in the capital markets: Some examples from 2021
To show how ML and NLP are spreading across the industry, WatersTechnology highlights 20 stories from the last 12 months that feature unique uses of AI.
From overhype to practical use cases: the DLT projects that gained ground in 2021
WatersTechnology reflects on some notable distributed ledger technology projects.
Quantum computing: kryptonite for bitcoin and cyber security
Race is on to secure new encryption algorithms for DeFi, before quantum computers become a present danger.
Waters Wrap: The biggest disruptors facing the capital markets as we head into 2022
In Anthony’s mind, eight topics will dominate the headlines in the New Year. They are…
Waters Wavelength Podcast: DTCC’s Peve on using tokenization to streamline private markets
Jennifer Peve, managing director and head of strategy and business development at DTCC, discusses the Digital Securities Management (DSM) platform the firm is working on for US private markets.
Clouding the issue: blurred lines divide banks and servicers
Banks are increasingly clashing with the big three cloud service providers over data security and configuration errors.
Slow burn to a big bang: How the new wave of tech is changing market data platforms
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can…
Cloud promises cost savings, but users still overspend
Cloud overspending and overprovisioning is a pervasive problem as cloud usage is poised to grow in 2022.
UK regulatory consultation hopes to bridge gaps in AI adoption
The industry forum looks to inform recommendations for the safe use of AI in financial firms.
This Week: LSEG/Quantile, Ice, Morningstar/Sentifi, SimCorp/FundApps, and more
A summary of some of the past week’s financial technology news.
Waters Wavelength Podcast: Bill Murphy on innovation discovery
Bill Murphy, managing partner at Cresting Wave, is back on the podcast with Tony to talk about innovation discovery.
IBM eyes ‘seamless integration’ of quantum, classical computing
Blending classical and quantum computing could reduce the cost of quantum calculations and eliminate the need to understand hardware specifics, IBM says.
US banks harbor concerns over agencies’ cyber risk rule
The lack of a reporting template means “people can give the least amount of data possible”, warns a bank CISO, stymieing data sharing.
Disrupting data delivery: AWS Data Exchange gains ground with addition of FactSet content
Leveraging AWS’s presence on Wall Street, Data Exchange has the potential to shake up traditional financial data delivery and contracts, if it can add relevant content and overcome challenges like real-time streaming and connectivity in the cloud.
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.
NLP for investment management: quants face a grab bag of words
Training models to interpret text can be dull; but doing it poorly can be costly.
Post-trade in the cloud: Startup RQD aims to reimagine clearing
With the post-trade space poised for major change, startup clearing firm RQD says a new cloud-based platform will help it respond to client needs and new business opportunities.
The future of algo trading: Using deep learning to more accurately predict equity market volumes
OpEd by Sam Clapp, Mizuho Americas equities, and Don Hundley, Japan head of Mizuho equities electronic trading
New breed of NLP model learns finance better, study finds
Models trained by looking at sentences beat conventional approaches that contextualize words.
Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
Anthony looks at how Nasdaq's Quandl strategy ties into other trends spreading through the market.
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.
In pursuit of API-ness: Rise of API interfaces hints at data platforms of the future
Nasdaq’s new Data Fabric managed data infrastructure service presents an opportunity for firms to outsource many elements of their market data platforms to the exchange. But making it possible—and also driving innovations at other data providers designed…
Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides
The world’s biggest banks want the new talent to possess at least some open-source technology skills, which was unthinkable a decade ago. It’s a win for advanced open-source practitioners, but how did it materialize? The answer is likely a not-so-even…