Emerging Technologies
S&P Global Makes $550 Million Bet on AI with Kensho Buy
Information giant will pick up Goldman Sachs-backed AI startup for over half a billion dollars.
The Big Crunch: Traditional Tech’s Great Contraction
Waters examines how this recent wave of consolidation is different than previous periods of contraction.
Mandelzis-led Fintech Capitolis Raises $29 Million, Targets Trade Finance
The company, chaired by former Thomson Reuters chief Tom Glocer, will serve as a peer-to-peer network for trade financing.
Risk Focus Appoints Harding and Hair as Sales Directors
New York-based pair will lead sales in cloud, DevOps and financial services for vendor.
Nasdaq Sues IEX for Trading, Data Patent Infringements
Nasdaq's lawsuit alleges infringement of a number of patents covering its trading process and certain data elements by IEX.
SenaHill Taps Industry Vets Korhammer, Weil to Head Markets, Info Providers Sectors
Korhammer is best known for founding electronic equities trading platform Lava Trading, which was acquired by Citigroup.
March 2018: Turning the ‘Yes, Buts’ into ‘Yes, Ands’
“Changing the culture of a large organization is hard and takes time. It is a battle you must fight on many fronts. The obstacle is not new technology—it is the willingness to try a new approach."
Hurricane Mike: Urciuoli Storms JPMorgan Asset & Wealth Management
JPMorgan Asset and Wealth Management's CIO brings the pace of the trading floor to asset management.
Waters Wavelength Podcast Episode 111: The Challenges Facing Utilities
The Association for Financial Markets in Europe (AFME) released a report looking at the market environment that utilities face. Anthony and James examine its findings.
RegTech Vendor Ascent Tech Gets $6M Funding, Adds CME Ventures Vet to Board
The vendor will use the funding to improve its RegTech automation engines and hire more staff.
Thai Stock Exchange Settles in for T+2
The exchange is looking to use technology to innovate its post-trade processes and introducing e-proxy and e-voting to benefit shareholders.
State Street Global Advisors Promotes James MacNevin to Head of APAC
MacNevin will oversee the firm’s APAC business and is based in Sydney, Australia.
The Curious Case of the Trader–Vendor
Tradeworx, now Thesys Group, is the latest in a series of firms that has decided to pull back from trading activities and focus on fintech. And it’s unlikely to be the last.
Emerging Tech Could Help Push Utilities Forward
European trade group releases report highlighting the challenges and opportunities associated with building industry utilities.
QuasarDB Uses Funding to Open New York Office
The new office follows a recent $2.5 million funding round to expand its US operations.
Fintech Luminary Edelstein Signs on as BioCatch CEO
The industry veteran moves from chairman role to chief executive's chair at tech startup.
AIM Continues North American Expansion With New Hires
Data management software provider AIM adds several new hires to manage its North American expansion as it accelerates the availability of its GAIN data management suite
Bitcoin Futures Face Turbulent Times in the Windy City
Bitcoin conquered the world in 2017, but the performance of the futures looks like it will have to wait longer for take-off.
February 2018: See You in Court
With compliance and collusion both under the microscope, Max says law courts could play a bigger role in ensuring a healthy and competitive data marketplace.
Lock, Stock & Barrel: Securities Lending Under the Gun
Securities finance has a new battlefront: two lawsuits alleging anticompetitive behavior in stock lending. At the center of the allegations lies the difficulty of finding actionable price and inventory data for borrowers and lenders alike. Will this…
London Calling: TP Icap’s Sinclair Eyes Client-Driven Data
Six years after the collapsed merger between TMX and LSE thwarted his plans to relocate from Canada to London, Eric Sinclair is bringing his start-up spirit and focus on client experience to TP Icap, where he told Jamie Hyman and Joanne Faulkner about…
Former Macrobond Sales Director Eklund Joins Buy-Side Startup Limina
Eklund, who previously spent seven years at Swedish data vendor Macrobond Financial, will play a key role in Limina's global expansion plans.
Thomson Reuters LPC, DealVector Ally for Bond Messaging
The integration will give LPC clients access to liquidity on DealVector's platform, and give DealVector clients access to data adn news from LPC.
GLEIF Releases Golden Copy Files In Beta
Newly released GLEIF Golden Copy Files makes the LEI data pool easier to access and process, and there are hopes it might even inspire innovation.