Waters - Q3 2023
Articles in this issue
What’s the market for Ion Markets?
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
Questions surround buy-side tech consortium Hub
Little has been heard of the company formed by Pimco, Man Group, State Street, IHS Markit, Microsoft, and McKinsey since their announcement in January 2021.
Waters Wrap: Big Tech’s subtle plans for capital markets domination
Amazon, Google, IBM and Microsoft aren't just cloud providers anymore—and their tentacles are going to spread deep into trading systems going forward.
LSEG, Symphony vie to build a ‘LinkedIn’ for capital markets
Six months on from its Microsoft tie-up, LSEG is optimistic about creating a trusted directory for the financial services industry. But it has competition.
Six banks team with Expand Research to create data vendor catalog
The initiative aims to help firms better manage the data they already use and to identify and compare alternatives available in the market.
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
Bloomberg rolls out integrated alt data for Terminal users
The initial launch includes consumer spend and foot traffic geolocation data—pre-integrated with all the other data on the Bloomberg Terminal.
Nasdaq moves second matching engine to AWS cloud
The exchange and its cloud partner are encouraged by the smooth migration so far—and also by capacity and latency improvements from running in the cloud.
How exchanges are becoming more than just marketplaces
Wei-Shen examines how exchanges are branching out and pursuing new ventures that could bring them fresh revenue streams.
In Absentia: Remembering Sandra Villena and finding her killer
Sandra Villena, a 32-year-old market data professional on the rise, was murdered while on vacation in October 2022. Nearly a year later, her friends and family are still seeking justice, while they learn how to live with the absence that now fills their…
Outsourced trading sees uptick as buy side seeks more bang for its buck
Buy-side firms see outsourced trading as a way to simplify their operating model, while custodians see an opportunity to sell bundled services.
The Cusip lawsuit: A love story
With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.
Inside look: How Big Tech is using generative AI to win over finance
Execs from Amazon, Google and IBM explain their capital markets strategy when it comes to rolling out new AI tools.
Getting the message out about Aeron’s messaging
A year after Adaptive’s acquisition of Real Logic’s Aeron, the search for users of the open-source tech continues as Adaptive promises that UDP messaging can usurp TCP.
SEC squares off with broker-dealers over data analytics usage
The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC…
Waters Wrap: ICE, Nasdaq and differing views about cloud
As exchanges continue to embrace cloud, the decisions they make today will have long-lasting implications.
The consolidated tapes are taking shape—but what shape exactly?
With political appetite established on both sides of the Channel, attention is turning to the technical details.
Banks’ internal watchdogs bark back at ChatGPT
Generative AI has plenty of uses in finance, but banks must first overcome compliance headaches
Is the equities tape slipping through Europe’s fingers?
The EU has finally reached a compromise on a consolidated tape. But Theo wonders if it is too little, too late.
Waters Wrap: What’s next for desktop interop?
Anthony takes a look at the desktop application interoperability space—how we got here and where he thinks it's going.
