The Waters Weekly Wrap: March 16-20
A look back at the best content published across all the Waters brands.

This week's news was all about safety in numbers. Two utilities made it into our coverage: one aimed at FCMs using SunGard technology, and the other focusing on client identification.
We also kicked off 10 days of Waters special coverage of cyber security, with several chief information security officers discussing a new push in the industry for greater information sharing as part of a broader strategy around protection.
Enjoy!
Safety in Numbers
CISOs Find Information Sharing Increasingly Critical to Protection (BST)
Utilities Rising as Five Founding Banks Live on Clarient (IRD)
SunGard Discusses Futures, OTC Post-Trade Processing Play (SST)
March Focus on Fixed Income
Fixed Income ETFs Come of Age (Waters)
Transaction-Cost Analysis' Fixed-Income Evolution (Waters)
Seeking Clarity on Mifid II (Waters)
Best of the Rest
SR Labs Pushes Forward After CEO Departure (IMD)
Mitsubishi UFJ Custody Arm Doubles Down (BST)
Standardized Stress Tests Agreed, Data Granularity Still at Issue (SST)
Vanguard's Main Line Man
Vanguard CIO John Marcante Takes a Big Leap (Waters)
From the February Mag
Lean on Them: Funds Increasingly Turn to Administrators (Waters)
The Big Deal with BYOD (Waters)
Communication Surveillance: A Daunting Challenge (Waters)
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More on Emerging Technologies
Cboe to exit Japan equities, S&P/Barclays partner, LSEG mulls 24-hour trading, and more
The Waters Cooler: Regnology acquires Wolters Kluwer’s FRR unit, and storms ahead for the $500 billion Stargate project.
SS&C sets early roadmap after Calastone buy
CEO Bill Stone also said on SS&C’s earnings call that Blue Prism, AI are helping to push growth.
ViaNexus aims to bring data entitlement control to MCP, agentic AI
The startup believes that Anthropic’s Model Context Protocol marks a major step forward for agentic AI, but the market data industry has its own complexities that haven’t been addressed—yet.
Academic warns of systemic risk from AI-powered trading
Strategies generated by LLMs exhibit “very strange, correlated trading behavior”, says Lopez Lira.
Anthropic partners with S&P, TT to build AI hub, Talos acquires Coin Metrics, and more
The Waters Cooler: Bloomberg adopts agentic AI, DSB report homes in on fairer data costs, and asset managers are coming for your utilities in this week’s news roundup.
The Model Context Protocol brings agents to life—along with risk
Waters Wrap: From chat to infrastructure modernization, Anthropic’s MCP offers a ‘bridge’ to agentic AI, but its early days may prove disillusioning.
BofA ramps up AI deployment, patents
The bank has 1,400 patents in AI and machine learning, either granted or pending, alongside a growing portfolio of 250 models.
BNY CEO updates on ‘platform’ operating model, AI rollout
In its Q2 earnings call, the bank outlined its progress on rolling out its new operating model and ‘Eliza’ internal AI assistant.