Wavelength Podcast Ep. 215: Bill Murphy on Innovation & Technical Debt
Bill Murphy, formerly Blackstone's CTO and now managing partner at Cresting Wave, talks technical debt, machine learning, blockchain, management strategy & more.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of 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 click on the download button in the player above.
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On February 3, 2020, it was publically announced that Bill Murphy—Blackstone’s CTO for almost a decade—would be leaving the firm at the end of March. Bill rejoins the Wavelength podcast—for a record fifth time—to discuss some of the lessons he learned while working at the private equity giant, and the next phase of his career at Cresting Wave (2:00-47:00). At the backend of the podcast, Wei-Shen and Tony discuss Refinitiv’s plans going forward after the launch of Workspace (47:30-end).
3:30 Bill discusses his decision to join Cresting Wave.
7:15 For those who have fared well during the pandemic, what went right?
10:30 What are the dangers of making knee-jerk tech decisions to answer Covid-related needs?
13:30 When it comes to the buy v. build debate, are banks more wary of taking the lead on moonshot projects?
19:00 Do banks and asset managers risk falling behind if they hand too much off in the innovation space?
21:00 What interests Bill the most in the genre of “innovation” and why is technical debt hindering the capital markets?
28:30 What does technical debt look like when it comes to machine learning and data analysis?
35:30 Working remotely v. working in the office—how will that dynamic change in a post-Covid world?
40:00 Blockchain?
41:30 ESG?
43:30 Quantum computing?
45:00 Deep learning?
Bill Murphy’s previous episodes:
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 206: Liquidnet's Simon Maughan
Episode 207: Vaccine Tracking and Other Alt Datasets
Episode 208: The Battle Between Innovation & Practicality
Episode 210: What Was This Episode Even About?
Episode 211: Using Behavioral Analytics
Episode 212: A Discussion About AI
Further reading
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