Europe
Off the grid? Dealers mull XVA cloud shift
Benchmarking: 69% of European banks still run core XVA calculations predominantly on-premises, as do 75% of global dealers.
SIX launches market data platform designed for accessibility
SIX Market Signal aims to bring price transparency, ease of use, and reduced administrative burden to the maddening world of market data.
Report once: will Esma’s €1bn reforms deliver the full picture?
Critics say plan to merge three reporting regimes will see scant returns, and won’t mesh with single-sided reporting.
AI startups get big-name investors, SEC denies 24X’s exemption request, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
People Moves: Capital Bank, BMLL, Cboe Europe, Options Technology, and more
A look at the past month’s people moves in the capital markets tech and data space.
Cyber audit leaves Eiopa with a credibility problem
The Dora supervisor charged with overseeing critical tech vendors has been critiqued for IT security failings.
LSEG caps free prompts as it moves to increase AI revenues
New AI tools were the main focus of the exchange group’s mid-year progress update.
Red alert: how Nasdaq’s Smarts became surveillance blind spot
Software that looks for shifty trades has been asleep on the job, affecting alerts for hundreds of products.
People Moves: MUFG, CME, Deutsche Börse, Broadridge, and more
A look at the past month’s people moves in the capital markets tech and data space.
EU exchanges shake up data policies ahead of new pricing rules
As each EU exchange interprets the RCB regulation differently, market data users across the industry are left to grapple with the new pricing policies changes
Clear Street rolls out new BestEx algo platform
Clear Street has deployed BestEx’s new platform, giving it global execution reach, plus a host of other features built in.
Blackstone partners with Google, BBH and Citi enhance API connectivity, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
EU AI Act leaves agents in regulatory limbo
A new paper published by AI ethicists draws attention to a hole in the EU AI Act surrounding high-risk agentic systems.
Anthropic builds finance agents, Osttra buys HUB, TMX mulls extended trading, and more
A recap of the major tech and data news from the past week in the capital markets.
Spoiler alert: managing market data is a bad case for AI
The IMD Wrap: A recent conversation between Max and one of his sources highlights the uses of different mechanisms to manage one of their most expensive assets.
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.
Stuck in the sandbox: Why bank stablecoin projects struggle to get off the ground
Five years after a wave of banks announced stablecoin ambitions, most projects remain stuck in testing. WatersTechnology spoke to more than 25 experts to find out why an increasingly mature technology has yet to translate into production-grade bank…
The race to ‘financialize’ GPU compute set to ratchet up
The Waters Wrap: Anthony looks at two companies aiming to bring efficiency and transparency to the GPU compute market.
How banks are utilizing new AI forms in their KYC process
Execs from JP Morgan, ING, and Standard Chartered explain how they are looking to use agentic AI to streamline KYC workflows.
Tata’s ‘self-healing network,’ 24X’s uphill battle, Gresham’s new ‘Opus’ and more
A look at some of the biggest stories and news from the past week.
Securities industry nears tipping point for dual messaging standards
Industry groups call for a freeze on ISO 15022 maintenance to accelerate ISO 20022 adoption.