Wavelength Podcast Episode 141: Brexit and Blockchain and Data, Oh My
It’s a trio of problems: Mifid II’s data problem; blockchain projects stalled; and data quality issues for machine learning.
James Rundle, WatersTechnology's US editor, and Anthony Malakian, editor at large for WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Anthony and James look at key themes that arose at several conferences from around the globe over the last two weeks: Brexit and how it will impact Mifid II, disillusionment with blockchain, and data quality challenges.
2:00 Shocking, there are major data challenges relating to Mifid II, according to the chairman of the Autorité des Marchés Financiers (AMF) Robert Ophéle. Get this: there’s a lot of regulatory arbitrage, the data quality being reported “leaves much to be desired” and they may need to enact “a number of legislative fixes.”
10:30 Another shocker, some exchanges are not quite finding value stemming from their blockchain proofs-of-concept. Fortunately, we have Nouriel Roubini to speak some truth to power.
17:00 And the more things change, the more they stay the same: firms still struggle with data quality and data governance, even as they look to explore new tools, such as machine learning, and new streams of information, such as alternative data.
31:00 From a non-industry perspective, it’s Mental Illness Awareness Week and Anthony relates it back to a new book about Abraham Lincoln. To lighten things up a bit, James recommends some sci-fi books.
If you are so inclined, you can donate to MIND, the mental health charity, or the Brain & Behavior Research Foundation, which awards grants to those making advancements in the understanding of numerous mental disorders.
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 Malakian, editor at large: @a_malakian; anthony.malakian@infopro-digital.com
James Rundle, US editor: @JimRundle; james.rundle@infopro-digital.com
Past 10 episodes:
Episode 131: More Bitcoin ETFs & More State Street-Charles River
Episode 132: Thasos Group’s CEO Talks Alternative Data
Episode 133: IBM on Quantum Computing
Episode 135: The Most Important Technologies of the Future
Episode 136: Blockchain Projects & Some Politics
Episode 137: Bloomberg on Data Fragmentation
Episode 138: Nasdaq-Cinnober Tie-up & 10 Years After Lehman's Collapse
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 Data Management
LSEG makes final case for dismissal of MayStreet lawsuit
Lawyers for both LSEG and MayStreet founder Patrick Flannery have argued the lawsuit’s merits through various legal filings for almost a year.
A new market data hope or an expanding Empire
Market data is now part of systemic infrastructure rather than just a commercial product. Tim Versteeg questions if market data is becoming too powerful to fail.
The race to ‘financialize’ GPU compute set to ratchet up
The Waters Wrap: Anthony looks at two companies aiming to bring efficiency and transparency to the GPU compute market.
Deutsche Börse invests $200M in Kraken, DTCC advances cloud strategy, and more
A recap of this week’s major tech and data news in the capital markets.
Data industry spend hits $50B for first time in new report
A new product by BCG Expand will track market data vendor size and market share as it seeks to show data users where the market is heading.
TNS integrates Radianz, Exegy reduces latency, BondXN allies with BlackRock, and more
A recap of this week’s major tech and data news in the capital markets.
Re-engineering reconciliations: User-initiated AI cuts recs from days to minutes
Reconciliations have long been tied to batch scheduling. Prasanna Anandan explains how one bank broke down bottlenecks by embedding an AI-driven, user-initiated interface.
The public market data formula is coming to private markets
As interest in private markets grows, S&P Global, Bloomberg, and ICE are including increasingly valuable data in their offerings.