Wavelength Podcast Ep. 190: Itiviti’s Gefen on Covid Lessons & SSEOMS Migration
Ofir Gefen joins the podcast to talk about how Itiviti in Asia-Pacific has dealt with impact from the coronavirus, and how the firm’s other office locations have learned.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of 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 click on the download button in the player above.
This week on the podcast, Ofir Gefen, head of Asia-Pacific at Swedish trading and technology provider Itiviti, talks with Wei-Shen about some of the coronavirus lessons Itiviti in Asia has provided for its other office locations. Then, they talk about how Itiviti has been handling migration projects from those coming off the Bloomberg SSEOMS solution, which is ending in April 2021.
1:30 – Wei-Shen and Tony talk about how the podcast will be a platform for thought leadership, and where firms can speak about their ongoing projects.
5:00 – Ofir joins the podcast and talks about his background and some of his experiences from ITG, Ullink, and then at the combined entity Itiviti.
9:00 – Then, he talks about how Itiviti in Asia entered the BCP mode, following the coronavirus outbreak, and how Itiviti’s other offices could learn from example.
15:00 – Ofir gives his wide, and narrow view of how markets have been reacting to this pandemic, compared with the dotcom bubble in the early 2000s, and the global financial crisis in 2008/2009.
20:00 – How are clients looking to outsource, and in their efforts to automate, have their priorities shifted?
25:30 – The Bloomberg SSEOMS solution is coming offline in April 2021, and migration can take anywhere from one to eight months. Ofir cautions that some decisions, even during these turbulent times, can’t be put off.
33:00 – Ofir gives an update of how Itiviti has been handling Bloomberg SSEOMS migration projects, and the measures Itiviti has put in place to speed that process up.
42:00 – What is the worst that could happen, once Bloomberg’s SSEOMS service ends?
45:30 – Ofir talks about Itiviti’s plans and what it is investing in moving forward.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 180: FactSet's Sara Dillon
Episode 181: M&A News; Limitations of AI
Episode 182: Third-Party Resiliency & Regulatory Pressure
Episode 183: Transforming the Workforce
Episode 184: Broadridge’s Mark Schlesinger
Episode 185: Gamer Tech & Data Mining
Episode 186: NLP and Transformer Models
Episode 187: Digital Asset on Blockchain Issues
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 Trading Tech
24X says requested SIP exemption won’t break the market
In a new letter to the SEC, the startup exchange says data infrastructure that operates like the SIP is available as it looks to launch overnight trading this summer.
What firms get wrong when changing investment operations technology
Without operating redesign, governance, and clear accountability, modernization can amplify risk instead of reducing it, writes Patrick Conroy.
In record year, SS&C changes division name, emphasizes role of AI
Announcing the vendor’s record financial results, CEO and chairman Bill Stone reassured investors that the vendor is not depending too heavily on AI.
Cboe sells to TMX, TT links to NZX, Broadridge and Digital Asset invest in HQLAX, and more
A recap of this week’s major tech and data news in the capital markets.
The road to alpha is paved with hardware
Fully hardware-based systems are the natural evolution of capital markets infrastructure
CME sees progress in cloud migration, gains in market data revenue
Two agricultural products will be the first to move to cloud this year. The exchange group is also testing tokenization with banks and clearing members.
Euronext eyes bigger audience with new market datafeed
The European exchange is debuting a new cloud-based offering aimed at banks and mid-size asset managers that don’t need low-latency data.
NYSE files with SEC to join DTC’s tokenization pilot
Proposal mirrors one filed by Nasdaq last fall to allow investors to choose whether a security is cleared and settled in tokenized form.