September 2018: Getting Your Money’s Worth

As I write this, we just wrapped up the 2018 European Financial Information Summit. I mean that quite literally—I’ve kicked off my heels and am sipping a cup of tea before heading upstairs to collapse into bed.
The day was long, but it flew by, as events tend to do when their agendas are abundant with valuable information. Our EFIS producers introduced some new elements to this year’s summit. Two of the keynote speakers were from out of the industry—data pros hailing from Uber and Virgin Atlantic—and we unveiled a new mentorship program where delegates at any level of their careers were granted unprecedented access to wisdom and advice from chief data officers and vice presidents. Networking opportunities were baked into every element of EFIS, from our name badges, designed to exchange contact information by via a tap together, to the ribbons those badges dangled from, color-coded to indicate areas of interest.
Last year, our managing editor, Max Bowie, chaired the event and I attended in a journalist capacity. This year, it was my turn to step behind the podium, a vantage point from which it was easy to identify the day’s themes. Governance, collaboration, flexibility, and the importance of building a business case for data functions were topics that arose over and over, whether I was listening to a panel discussion on artificial intelligence applications or a regulatory keynote by the European Securities and Markets Authority (Esma) team leader Olga Petrenko, whose meticulously organized presentation and rapid-fire speaking style allowed her to pack a week’s worth of information into a half-hour speech.
You will recognize those themes in our September issue, as well. Wei-Shen Wong provides an analysis of why organizations hoping to cure regulatory compliance headaches through automation must first take inventory of their data lineage. Max Bowie sounds the alarm on a shift toward giving firms more control over their data networks, a trend that will grant financial clients unprecedented control over provisioning and configuring network services, provided they have the flexibility to manage the change.
And in an article pulled directly from EFIS, Amelia Axelsen reports on a panel that became heated, wherein a group of market data managers expressed their frustration with data vendors’ practices and pricing, arguing that they are crippled by shady negotiation practices and outdated pricing models, and calling upon regulators to crack down.
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
GenAI too risky for collateral processes
The technology has been heralded as game-changing for other areas of finance, but its potential to hallucinate may disqualify it from sensitive settlement procedures.
Waters Wavelength Ep. 324: A philosophical conversation about AI
This week, Reb and Nyela discuss BNY’s digital workers, and what the use of AI in society signals for the future.
Cloud Wars: Are EU and APAC firms really pining for homegrown options?
Waters Wrap: In the wake of tariffs and regional instability, there’s chatter about non-US firms lessening their dependency on the major hyperscalers. Anthony is not buying it.
Google gifts Linux, capital raised for Canton, one less CTP bid, and more
The Waters Cooler: Banks team up for open-source AI controls, S&P injects GenAI into Capital IQ, and Goldman Sachs employees get their own AI assistant in this week’s news roundup.
Numerix strikes Hundsun deal as China pushes domestic tech
The homegrown tech initiative—‘Xinchuang’—is a new challenge for foreign vendors.
RBC’s partnership with GenAI vendor Cohere begins to bear fruit
The platform aims to help the Canadian bank achieve its lofty AI goals.
Deutsche Bank casts a cautious eye towards agentic AI
“An AI worker is something that is really buildable,” says innovation and AI head
TMX buys ETF biz, Iress reinvests in trading tools, UBS data exposed, and more
The Waters Cooler: Euroclear’s next-gen service, MarketAxess launches e-trading for IGBs, and new FX services are in this week’s news round-up.