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. 

You can also listen to us on Spotify

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:

https://www.waterstechnology.com/trading-tools/2461751/waters-wavelength-podcast-episode-22-blackstone-cto-bill-murphy

https://www.waterstechnology.com/trading-tools/3056376/waters-wavelength-podcast-episode-60-bill-murphy-blackstone-cto

https://www.waterstechnology.com/industry-issues-initiatives/3473326/waters-wavelength-podcast-episode-105-blackstones-bill-murphy-part-3

https://www.waterstechnology.com/technology/4078696/wavelength-podcast-episode-150-bill-murphy-of-blackstone-group


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;  [email protected]

Anthony Malakian: + 1 646 490 3973; [email protected]


Past 10 episodes:

Episode 205: Just Talkin'

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

Episode 213: Data Management in a Post-Covid World

Episode 214: BNY Mellon's Hans Brown on Innovation

  • LinkedIn  
  • Save this article
  • Print this page  

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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: