Management & Strategy
State Street focuses on 6 data vendors for ESG analysis
State Street’s Chris Berry explains how the asset servicer winnowed 60 ESG data providers down to six, and why this strategy has proved to be effective.
Goldman taps alt data for economic forecasts during pandemic
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
People Moves: MarketAxess, SimCorp, Shoreline, Sova Capital, Nutanix, RIMES, Capco, LiquidShare
A look at some of the key "people moves" from this week, including Raj Paranandi (pictured), who has been appointed COO EMEA/APAC at MarketAxess.
This Week: CME/IHS, Nasdaq, Snowflake/Clearwater, Bloomberg/Rockefeller, FlexTrade
A look at some of the past week’s financial technology news.
S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
A Fireside Chat with Marion Leslie (SIX)
Victor Anderson catches up with Marion Leslie on the first anniversary of her appointment as head of the financial information division of SIX, the Zurich-based data specialist.
Vendors Continue to Move Products, Services to the Cloud: Some Examples
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
People Moves: IBM, BNY Mellon, Capco, Volante Technologies
A look at some of the key "people moves" from this week, including Gary D.Cohn (pictured), who has been appointed vice chairman at IBM.
Waters Wrap: Why Banks Should Start Experimenting with Quantum Today (And ESG’s Next Wave)
If banks want to future-proof against quantum computing disruption, Anthony says they need to start experimenting now. But there’s another reason to start down this path: as Goldman Sach’s William Zeng explains, there’s a lot of funding that’s available…
Not so Fast: SEC’s SIP Rule Speeds Ahead, But Faces Bumpy Road
Jo is skeptical that the SEC’s finalized market data infrastructure rule will make the public market data feeds faster.
What You Might’ve Missed These Last Two Weeks
A rundown of the stories that were published on WatersTechnology from Dec. 18-Jan. 1.
How Will Covid Lessons Reshape Financial Tech in 2021?
As 2020 comes to a close, Anthony looks at how firms have adjusted their short- and long-term plans in the face of the coronavirus, focusing on office space, innovation, alt data, and mental health.
A Very Covid Christmas
It’s almost Dec. 25, which means that Max Bowie is back with his annual market data Christmas-song column.
People Moves: Fitch Group, 3d Innovations, BCS, Torstone Technology
A look at some of the key "people moves" from this week, including Heidi Lanford (pictured), who has been appointed chief data officer at Fitch Group.
Refinitiv Says Goodbye TREP, Hello RTDS; Bolsters Cloud Support
As the “vast majority” of customers are shifting to the cloud, Refinitiv is looking to broaden its own cloud capabilities to help customers with their transitions.
This Week: Jyske Capital/SimCorp; Vestrata; NICE Actimize/FACEPOINT; Anna/Gleif; SS&C, ING, and more
A summary of some of the past week's financial technology news.
MarketAxess Eyes Predictive Capabilities for Fixed Income Liquidity
The trading platform is working to develop its pre-trade automation capabilities to predict a bond’s likelihood of execution, and helping buy-side clients navigate fixed income trading protocols.
A Fireside Chat with RIMES Technologies' Andrew Barnett
Victor Anderson chats to RIMES Technologies' Andrew Barnett about the firm's Covid experience, EQT's investment in the business, and what's on RIMES' radar for 2021.
ICE ‘Bonds’ Acquisitions into Fixed-Income Powerhouse
In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.
People Moves: LSEG, IHS Markit, BNP Paribas, Facteus, Tourmaline, RIMES, ISITC, IQ-EQ
A look at some of the key "people moves" from this week, including Julia Hoggett (pictured) who has been appointed CEO at London Stock Exchange.
Waters Wrap: Best-of-Breed or One-Stop-Shop, That is the Question (And NLG Thoughts)
RBC is building a new custody platform using a variety of vendors, and it shows how the interoperability movement is progressing. But Anthony wonders how interop will continue to evolve at a time of great consolidation.
This Week: Janus/SS&C; Wolters Kluwer; Tora/Neptune; Standard Chartered/Northern Trust; SimCorp; & More
A summary of some of the past week's financial technology news.
Wavelength Podcast Ep. 222: Grasshopper’s John Lin on Using Tech for Good
Lin, the founder of a Singaporean HFT firm, joins to talk about why banks struggle with innovation, and how he wants to use tech for altruistic purposes.