Wavelength Podcast Episode 141: Brexit and Blockchain and Data, Oh My
It’s a trio of problems: Mifid II’s data problem; blockchain projects stalled; and data quality issues for machine learning.
James Rundle, WatersTechnology's US editor, and Anthony Malakian, editor at large for WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Anthony and James look at key themes that arose at several conferences from around the globe over the last two weeks: Brexit and how it will impact Mifid II, disillusionment with blockchain, and data quality challenges.
2:00 Shocking, there are major data challenges relating to Mifid II, according to the chairman of the Autorité des Marchés Financiers (AMF) Robert Ophéle. Get this: there’s a lot of regulatory arbitrage, the data quality being reported “leaves much to be desired” and they may need to enact “a number of legislative fixes.”
10:30 Another shocker, some exchanges are not quite finding value stemming from their blockchain proofs-of-concept. Fortunately, we have Nouriel Roubini to speak some truth to power.
17:00 And the more things change, the more they stay the same: firms still struggle with data quality and data governance, even as they look to explore new tools, such as machine learning, and new streams of information, such as alternative data.
31:00 From a non-industry perspective, it’s Mental Illness Awareness Week and Anthony relates it back to a new book about Abraham Lincoln. To lighten things up a bit, James recommends some sci-fi books.
If you are so inclined, you can donate to MIND, the mental health charity, or the Brain & Behavior Research Foundation, which awards grants to those making advancements in the understanding of numerous mental disorders.
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony or James via Twitter or email.
Anthony Malakian, editor at large: @a_malakian; anthony.malakian@infopro-digital.com
James Rundle, US editor: @JimRundle; james.rundle@infopro-digital.com
Past 10 episodes:
Episode 131: More Bitcoin ETFs & More State Street-Charles River
Episode 132: Thasos Group’s CEO Talks Alternative Data
Episode 133: IBM on Quantum Computing
Episode 135: The Most Important Technologies of the Future
Episode 136: Blockchain Projects & Some Politics
Episode 137: Bloomberg on Data Fragmentation
Episode 138: Nasdaq-Cinnober Tie-up & 10 Years After Lehman's Collapse
Further reading
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 Data Management
TCB Data-Broadhead pairing highlights challenges of market data management
Waters Wrap: The vendors are hoping that blending TCB’s reporting infrastructure with Broadhead’s DLT-backed digital contract and auditing engine will be the cure for data rights management.
CME, LSEG align on market data licensing in GenAI era
The two major exchanges say they are licensing the use case—not the technology.
Data infrastructure must keep pace with pension funds’ private market ambitions
As private markets grow in the UK, Keith Viverito says the infrastructure that underpins the sector needs to be improved, or these initiatives will fail.
AI enthusiasts are running before they can walk
The IMD Wrap: As firms race to implement generative and agentic AI, having solid data foundations is crucial, but Wei-Shen wonders how many have put those foundations in.
Jump Trading spinoff Pyth enters institutional market data
The data oracle has introduced Pyth Pro as it seeks to compete with the traditional players in market data more directly.
50% of firms are using AI or ML to spot data quality issues
How does your firm stack up?
FCA files to lift UK bond tape suspension, says legal claims ‘without merit’
After losing the bid for the UK’s bond CT, Ediphy sued the UK regulator, halting the tape’s implementation. Now, the FCA is asking the UK’s High Court to end the suspension and allow it to fight Ediphy’s claims in parallel.
Waters Wavelength Ep. 339: Northern Trust Asset Management’s Jan Rohof
This week, Jan Rohof from Northern Trust Asset Management joins to discuss how asset managers and quants get more context from data.
