Waters Wavelength Podcast Episode 108: Dan Schleifer Talks About the Challenges of Creating a Fintech
ChartIQ's co-founder and CEO joins the podcast to give his insights—and lessons learned—as to how to create a startup geared toward the capital markets.
Dan Schleifer, co-founder and CEO of charting specialist ChartIQ, joins the podcast to discuss some of the challenges that he and fellow co-founder Terry Thorsen faced when they created the company out of a barn in Charlottesville, Virginia, in 2012.
To hear the full interview, listen in the player above, or you can download it.
1:00 Dan talks about some of the early growing pains.
3:00 Did you know that, not only did they start out of a barn (just like Markit), but that the barn had been renovated previously by the Dave Matthews Band to be a recording studio?
5:00 Some more advice on traps to avoid early on.
7:00 Oh, and the long sales cycle—always remember that.
9:30 What were the advantages in starting in a suburban area, as opposed to New York or London?
11:30 What about finding talent outside of tech hubs?
14:00 Why is the fintech sector becoming more viable—relatively speaking—than it was a decade ago?
17:30 Is the market becoming so flooded with niche firms now that having a startup grow into a Wall Street giant is impossible?
(Dan managed to hold out saying, “ChartIQ for the greatest charts,” or some variant for 21 minutes!)
22:00 There is still disintermediation between systems, so there’s room for specialists and the need to create workarounds to make sure everything talks together—in case you’re sitting at your desk listening to this and wondering if you, too, can create a startup.
23:30 Dan talks about being weaning off social media.
32:15 The best mentally-friendly releases on TV.
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: @a_malakian; anthony.malakian@infopro-digital.com
James: @JimRundle; james.rundle@infopro-digital.com
Past 10 episodes:
Episode 98: A Focus on Asia, Rolet Out at LSEG, Nasdaq's Bitcoin Futures
Episode 99: Fintech and Innovation, a Discussion
Episode 100: Bitcoin Futures...Again
Episode 101: The Top 10 Stories of 2017
Episode 102: The Best of Longform Journalism in 2017
Episode 103: Mifid II is Now Law; How to Apply for the Women in Data & Tech Awards
Episode 104: Regulators Struggle with AI; SS&C Snaps up DST Systems
Episode 105: Blackstone's Bill Murphy, Part 3
Episode 106: Blockchain on the Buy Side; the Importance of Coding
Episode 107: An Examination of the Thomson Reuters-Blackstone Deal
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: 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
Data vendors are vagueposting about MCP prices
Exchanges and data providers are charging for AI access to their data. Nobody will say how much.
Goldman’s shift on AI highlights the gap between prototype and production
James Harrison expects more institutions will take AI tools away from their traders and bankers—and for good reasons.
Americans voted against datacenters. Datacenters may still win.
The Waters Wrap: The US midterms could spell trouble for datacenters but only if Dems put the screws to Big Tech, too, Reb writes.
AI for data quality control catches on at institutions
Data execs at banks and asset managers say they are working on projects using AI to improve data-quality workflows.
A Q&A with BofA’s Global Markets CIO on AI and problem-solving
Following the bank’s Global Markets Innovation Summit, Duncan McInnes says AI is helping his teams “reimagine” established processes and ask where technology can make them simpler and faster.
Compute is leaving land. Recoverability isn’t following.
The limits of land may push datacenters to the ocean or even outer space, writes Vishal Gupta. But these options introduce new challenges.
Who’s counting the agent army?
The Waters Wrap: Agents are growing faster than the controls to manage them. Wei-Shen says that as firms struggle to measure their returns on investment, it may come down to who foots the bill.
Asia’s T+1 journey splinters as Hong Kong delays and Malaysia mulls
APAC markets are setting their own timelines for shorter settlement, while Deutsche Bank proposes an “earlier certainty” mechanism to ease the cross-border strain.
