Deutsche Bank CTO: Banks Need to Be Open-Source Contributors, Not Just Takers
While delivering the keynote address at this year's North American Trading Architecture Summit, Jim Adams of Deutsche Bank looked at the need for greater collaboration among banks in the open source space, and delved into the bank's internal projects.
It’s a story that’s been told before: Banks are siloed; they’re run by complex, legacy platforms; and they’re slow to deploy innovative platforms when compared with other retail giants.
This structure, while changing, has created challenges as firms have looked to tap into the promise of open-source tools, noted Jim Adams, global markets CTO at Deutsche Bank, during his keynote address at this year’s North American Trading Architecture Summit.
“Banks have ingrained in them a certain degree of
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 info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Compute is leaving land. Recoverability isn’t following.
The limits of land may push datacenters to the ocean or even outer space, writes Vishal Gupta. But these options introduce new challenges.
Who’s counting the agent army?
The Waters Wrap: Agents are growing faster than the controls to manage them. Wei-Shen says that as firms struggle to measure their returns on investment, it may come down to who foots the bill.
Asia’s T+1 journey splinters as Hong Kong delays and Malaysia mulls
APAC markets are setting their own timelines for shorter settlement, while Deutsche Bank proposes an “earlier certainty” mechanism to ease the cross-border strain.
DTCC launches tokenization service, TRG Screen debuts market data terminal monitor, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
JP Morgan retools Isda’s CDM for an AI world
The trade repository runs on a niche programming language, to which the bank has made new contributions that could help raise adoption.
The SEC’s innovation exemption is facing its first test
Waters Wrap: With more than 20 issuer companies submitting objections to OKX and ICE’s new joint venture for tokenizing stocks, Nyela wonders if some cracks are starting to show in the regulator's innovation exemption.
Tokenization moves into production at US banks
US banks are putting tokenization to work across payments, settlement and funds.
LSEG buys Octus, Tradeweb buys Trumid, Standard Chartered acquires custodian Zodia, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
