The Waters Weekly Wrap: January 18-22
A look back at the best content published across all the Waters brands.

As we head into the depths of winter, people moves are getting hotter. There are also quite a few new developments on the data front. Also, don't forget to read our January features! Stay warm.
We also recorded our first podcast, the Waters Wavelength, featuring Anthony Malakian and Dan DeFrancesco. Click her to read more about it and listen to it.
On the Move
Axioma Taps Morokoff as Head of Research (BST)
Confluence Creates Investor Communications, Expense Solutions Position for Casagrande (BST)
ITG Names Minder Cheng Chairman of Board of Directors (SST)
Fitch Solutions Taps Ex-Moody's Revelle for Americas Sales (IMD)
New Director for Sapient Global Markets (IRD)
Hobbs Madison Hires Leaper (IMD)
DRT Promotes Rossabi to MD, Telx (IMD)
Confluence hires Gary Casagrande (IRD)
Data, Data, Data
More Options for GoldenSource (IRD)
Digital Contact Delays Trading.co.uk Big Data Platform Launch to Add Enterprise Features (IMD)
Thomson Reuters Provides Tech, Data to Asia Startup Accelerator (IMD)
Rival Systems Adds Eurex Data Access (IMD)
Best of the Rest
Big Buy-Side Merger: StatPro Acquires Investor Analytics (BST)
CFTC Approves 18 SEFs, 5 Still Waiting (SST)
Trax, Traiana Create Alliance to Offer Repo Matching Service (SST)
Digital Asset Nabs More Than $50 Million in Funding from 13 Firms (SST)
Study: Enterprise Risk Analysis Takes on Greater Importance Amongst Institutional Investors (BST)
Neptune Collaboration to Enhance Standardization, Liquidity to Fixed-Income Markets (BST)
Bloomberg Blow Up: Predicting the Death of the Terminal (SST)
R3 Helps 11 Banks Experiment with Blockchain Technology (SST)
Marcel Bar to Spearhead Investit Digital Accelerator (SST)
Splice Machine Nabs $9 million in Extra Funding (SST)
Liquidnet Rolls Out New EMEA Block Trading Algo Suite (BST)
Startup Almax Begins Testing Artificial Intelligence News Analytics Platform (IMD)
Opening Cross: Choose Your Partners for the ‘Year of the Ecosystem' (IMD)
Millistream Adds MT Newswires US, Global News to Data Products (IMD)
CJC Expands Offices Worldwide to Meet Client Growth, Demand (IMD)
Equinix Completes $3.8Bn Telecity Acquisition (IMD)
AlphaSense Chooses Chibane for NY Sales (IMD)
FSB Names Tombini to Chair Budget Committee (IRD)
January Features
Eternally Internal: WH Trading CTO Mike Madigan (Waters)
The Great Wall: Fintech in China (Waters)
Loans: Scratching and Clawing to Progress (Waters)
Legacy Systems: Mission Impossible or Mission Unnecessary? (Waters)
Algo Testing Under the Regulatory Microscope (Waters)
Data Management: Regulation, Problems and Solutions for the Buy Side (Waters)
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More on Emerging Technologies
Waters Wavelength Ep. 331: Cresting Wave’s Bill Murphy
Bill Murphy, Blackstone’s former CTO, joins to discuss that much-discussed MIT study on AI projects failing and factors executives should consider as the technology continues to evolves.
FactSet adds MarketAxess CP+ data, LSEG files dismissal, BNY’s new AI lab, and more
The Waters Cooler: Synthetic data for LLM training, Dora confusion, GenAI’s ‘blind spots,’ and our 9/11 remembrance in this week’s news roundup.
Chief investment officers persist with GenAI tools despite ‘blind spots’
Trading heads from JP Morgan, UBS, and M&G Investments explained why their firms were bullish on GenAI, even as “replicability and reproducibility” challenges persist.
Wall Street hesitates on synthetic data as AI push gathers steam
Deutsche Bank and JP Morgan have differing opinions on the use of synthetic data to train LLMs.
A Q&A with H2O’s tech chief on reducing GenAI noise
Timothée Consigny says the key to GenAI experimentation rests in leveraging the expertise of portfolio managers “to curate smaller and more relevant datasets.”
Etrading wins UK bond tape, R3 debuts new lab, TNS buys Radianz, and more
The Waters Cooler: The Swiss release an LLM, overnight trading strays further from reach, and the private markets frenzy continues in this week’s news roundup.
AI fails for many reasons but succeeds for few
Firms hoping to achieve ROI on their AI efforts must focus on data, partnerships, and scale—but a fundamental roadblock remains.
Waters Wavelength Ep. 330: AI hot takes
It’s Shen and Reb this week talking about AI and the landscape for fintech partnerships.