News Analysis
One step forward, two steps back—European regulation grapples with the same old problems
Stop me if you've heard this one before...
Alliances and experiments: Trading firms get innovative in 2023
Rebecca offers a recap of the year's most notable technology use-cases led by sell-side and buy-side institutions.
For the reference data community, 2024 is set to be a significant year
A summary of the year's biggest developments in reference data, from the Cusip lawsuit, to the UPI, to Isins for crypto.
Generative AI is here to stay, even if the path forward is unclear
Chatbots and large language models dominated the AI conversation this year with the expectation that 2024 will bring more innovation and use cases to the forefront.
Fixed income in 2023: Mergers, modernization, and mysteries, oh my!
Between tech revolutions, secret EMSs and electronified bonds, the fixed-income market saw major advancements over the last 12 months
Hunting for reliable low latency, HFTs look to novel techs in 2023
WatersTechnology looks at advancements in market data latency technology and what role the cloud can play.
Multicast in the cloud—no longer a pipe dream
Colt Technology explains the process it went through to make it possible to distribute multicast market data in the cloud.
Who is at fault for Goldman Sachs’s $5.5 million fine?
While the CFTC says the bank is to blame for record-keeping failures that transpired at the start of the pandemic, others say it was two vendors who let the bank down.
Interop tech buys time for buy-side fixed-income traders
A few buy-side traders and portfolio managers spearheading a drive for greater interoperability are reaping the rewards of increased workplace efficiency. Is interoperability the fixed-income panacea the buy side has been looking for?
ECB’s Lagarde sets out vision for integrated European capital market
The president of the European Central Bank argues for a more ambitious, top-down approach to the capital markets union.
Banks find intriguing ‘data play’ via tokenization efforts
Tokenization is no longer just a peculiarity of the crypto world, as execs from global custodian banks discuss their firms’ tokenization and digital assets strategies.
Goldman Sachs looks to ‘Amazon’-like ecosystem with MarketView launch
The new research and collaboration tool is delivered through Goldman’s Marquee platform.
Broadridge’s LTX looks to GenAI as it competes for market share
LTX has pinned its hopes of breaking into the fixed-income market on innovative use of AI. But how successful has its approach been, and what is it up against?
Europe’s AI Act is taking shape. How will the UK respond?
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
The consolidated tapes are taking shape—but what shape exactly?
With political appetite established on both sides of the Channel, attention is turning to the technical details.
SEC squares off with broker-dealers over data analytics usage
The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC…
Locking down the lifecycle: Trading Technologies turns to analytics and TCA in latest acquisition
The tech provider gains TCA, analytics, and algo optimization tools as established vendors vie to build more comprehensive platforms.
What’s the market for Ion Markets?
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
Questions surround buy-side tech consortium Hub
Little has been heard of the company formed by Pimco, Man Group, State Street, IHS Markit, Microsoft, and McKinsey since their announcement in January 2021.
LSEG, Symphony vie to build a ‘LinkedIn’ for capital markets
Six months on from its Microsoft tie-up, LSEG is optimistic about creating a trusted directory for the financial services industry. But it has competition.
Nasdaq–Adenza: A look at the tech
The exchange operator announced its intention to acquire the software firm, which combines AxiomSL and Calypso, in a deal that amounts to its largest acquisition to date.
What does it take to put a database in the cloud?
There are several ways to migrate an old legacy system to the cloud, but there's always a trade-off.
High-profile deals signal appetite for fixed-income growth
Amid renewed interest in the bond market, big firms are making strategic acquisitions to get in on the action.
Deutsche Börse seeks seat at tech leader table with SimCorp buy
With exchanges such as Cboe, Nasdaq, LSEG, and ICE leading the pack of exchanges that double as technology companies, the German exchange is playing catch up with its proposed offer for buy-side tech vendor SimCorp.