Big news today, as it was announced that State Street is buying order management system (OMS) giant Charles River. Anthony and James give their initial thoughts, though a longer, well-reported feature will be coming next week. They also discuss the alternative data space and, specifically, climate change data.

To hear the full interview, listen in the player above, or you can download it.

1:30 Holy crap… State Street is buying Charles River for $2.6 billion.
4:00 What are some of the immediate concerns?
9:00 What will happen with the rest of the OMS space?

11:00 Climate change data—an inside look at how the likes of Man Group, UBS, Deutsche Bank, Axa Rosenberg and the European Bank of Reconstruction and Development are using these datasets.

23:15 There’s a problem facing the quant research field, as new studies are finding that a lot of discoveries that were taken as fact cannot be replicated. Our colleague on Risk.net, Faye Kilburn, spoke with a wide array of people and one thing she heard is that the combination of machine learning tools with alternative data is exasperating the problem.

29:00 A more thoughtful World Cup recap, this time without a litany of beeps. 
 

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; [email protected]

James: @JimRundle; [email protected]

Past 10 episodes:

Episode 120: CCP Non-Default Losses

Episode 121: An Examination of CQRS; Coinbase’s Institutional Play

Episode 122: An Interview with Cboe's Chris Isaacson; GDPR Has Arrived

Episode 123: An Examination of the SGX-NSE Row; Esma Targets Reporting Platforms

Episode 124: Exchange Outages and Blockchain Developments

Episode 125:Bitcoin, Ether Aren't Securities (Maybe); Privacy Issues and the Law 

Episode 126: Brexit Fallout; the SGX-NSE Battle Continues; Cellphone Location Data

Episode 127: Digital Reasoning’s New AI Product; A Look at the July Issue of Waters

Episode 128: Agile Challenges; CAT Plan Questions

Episode 129: Interdealer Broker Troubles; Bitcoin ETFs