News
MUFG builds internally compliant version of Claude Code
Japanese bank says Anthropic’s coding and productivity tool is effective at obtaining information but bucks compliance guardrails, prompting the creation of an in-house alternative.
Finance firms join Anthropic’s Project Glasswing as AI transforms cyber risk
Broadridge and Intercontinental Exchange are taking part in Anthropic’s cybersecurity initiative, built around its controversial Mythos model.
NSCC extends hours, Tradeweb finds on-chain success, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Managing AI models is reshaping three lines of defense, say banks
Model managers want a seat at table during development, and expect the first line to take charge of AI model testing.
Waters Rankings 2026: All the winners and why they won
WatersTechnology readers voted to determine the winners in 35 technology and data categories comprising this year’s Waters Rankings, held for the first time in London on July 1.
Trumid and BlackRock partner, reference data drama, Finos launches AI fund, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
CJC speeds up data notifications with new ‘Hub’
The consultancy’s DN Hub aims to help investment firms automate the largely manual task of managing data notifications from exchanges and vendors.
UK’s bond consolidated tape goes live
ETS Connect UK has spent the past month ensuring the technology, compliance, and operations are in place.
Duffy steps down at CME, Trading Technologies integrates Kalshi, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
AI won’t stay in its risk category
For the first time, JP Morgan filed a form 10-K listing AI as a standalone risk factor—a sign of how banks are rethinking previously defined risk categories and their overall risk profile.
New ICE analytics, Pyth indexes, Canadian overnight trading and more
A recap of this week’s major tech and data news in the capital markets.
OnCorps eyes AI-driven fund administration
The Boston-based vendor’s new CEO, Ron Allen, a BlackRock Aladdin alum, says domain-specific agentic AI can tackle fund administration’s messiest workflows.
US regulators remove FIGI proposal from joint FDTA rules
The Financial Data Transparency Act’s final rules omit an earlier proposal to establish the FIGI as a common financial instrument identifier across regulatory reporting activities.
Clear Street rolls out new BestEx algo platform
Clear Street has deployed BestEx’s new platform, giving it global execution reach, plus a host of other features built in.
Smartstream launches agentic solution, SEC greenlights 23/5 trading for Cboe, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Will SEC reporting proposal supercharge alt data providers?
An SEC proposal that would let companies opt out of quarterly reporting disclosures could be a boon for alternative data providers.
People Moves: Broadridge, ING, Standard Chartered, Solace and more
A look at the past month’s people moves in the capital markets tech and data space.
LSEG paid $275 million for MayStreet, court documents say
Amid the ongoing MayStreet–LSEG lawsuit, lawyers for the exchange group filed documents last week that reveal the price tag of the deal and the earnout amounts at the center of the case.
Paxos wins temporary approval for blockchain clearing push
Blockchain infrastructure company will have a period of 18 months to “ramp up” readiness for operations, per the SEC’s approval letter.
Broadridge-Nyfix, Delta Capita-Equilend, S&P-Ion, Trumid, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
DTCC dives into public cloud
The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.
WatersTechnology Asia Awards 2026: All the winners and why they won
The winners of the 7th annual WatersTechnology Asia Awards were announced at a cocktail reception in Hong Kong on the evening of May 28.
Fidelity Labs: One model to rule them all
Fidelity Labs’ latest AI undertaking involves repurposing baseline AI tooling across the organization.
Suspect in killing of CJC market data engineer captured
Sandra Villena’s alleged killer was arrested after more than three years on the run and will be extradited to Ecuador, where he is charged with femicide.