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Brendan Galvin, previously global head of market data at technology outsourcer Perot Systems, recently joined Merrill Lynch in New York as global head of market data product management, responsible for all aspects of market data at the firm apart from operations. He reports to Vinnie Patrizio, who runs the bank's market data team globally.

Reuters Names Strategy Director, Japan President

Reuters has appointed David Craig as group strategy director to support its Core Plus initiative and to

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The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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