Waters Wavelength Podcast Episode 74: The Regtech Craze & Clearing Concerns
Anthony and James look at why London clearinghouses may be in danger and the use of cognitive tools to monitor employees.
This week, Anthony and James delve into regtech and also take a look at how employee privacy may be diminishing due to new cognitive technologies being used in surveillance. They next turn their attention to clearinghouses in London and how new EU rules could force them to relocate to the Eurozone. Finally, they talk about how Anthony was incredibly wrong in saying that a Floyd Mayweather-Conor McGregor fight would never happen.
Regtech
(2:00) The evolution of the regtech space.
(3:15) What is cognitive computing?
(4:20) How cognitive tools are infiltrating the surveillance space.
(8:00) With the advent of cognitive tools, employee privacy could diminish.
(16:00) An examination of the AML/KYC vendor landscape.
Clearing
(21:00) What has the European Commission done that’s caused such a fuss in regards to clearing?
(23:45) Why is this such a big deal for Europe?
(25:30) What is the impact first for banks and those who use clearinghouses—and second, for the clearinghouses?
(27:15) What has the market reaction been?
Bonus
(29:00) A quick look at the upcoming Floyd Mayweather-Conor McGregor fight and how Anthoyn was very, very, very wrong in predicting that the fight would never get made.
Links to articles discussed:
Compliance Chiefs Turn to Cognitive Tech for Surveillance
Tech Challenges Loom as Europe Eyes London’s Clearinghouses
IBM Takes Aim at Regtech Space Using Cognitive Technology
Cyber Risk North America
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 via Twitter or email.
Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com
James: @JimRundle; James.Rundle@incisivemedia.com
Past 10 episodes:
Episode 64: Open Source, Cyber, AI - A NATAS Recap
Episode 65: Public Cloud Providers Battle for Dominance, The Rise of Artificial Intelligence
Episode 66: Technologists & Film Portrayals
Episode 68: An Inside Look at IBM Watson
Episode 69: AQR's CTO, Neal Pawar, on Engineers & Open Source
Episode 70: A Look at Liquidnet's Acquisition of OTAS
Episode 71: Social Data, Analytics and Trading
Episode 72: An Examination of the Muni Bond Market
Episode 73: The UK Election, Brexit & Fintechs; the Bloomberg Point-Port Integration
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: http://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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
Using genAI for post-trade processing could reduce failures, fines
Shortening settlement times are pressuring firms to do more, faster. IBM’s Soren Mortensen argues that genAI and ML can help eliminate errors and speed up post-trade processes.
ECB’s Lagarde sets out vision for integrated European capital market
The president of the European Central Bank argues for a more ambitious, top-down approach to the capital markets union.
Industry unsure of SEC’s new short-selling transparency rule
Does the SEC’s recent 10C-1a rule provide sufficient transparency while protecting traders’ short-sale positions from a GameStop-style backlash? The data will be key.
Settlement ‘instructions’: Firms look to US for guidance as Europe braces for T+1
Operations professionals in Europe look across the pond for lessons in managing shorter settlement cycles.
New crypto Isins seen as ‘really important’ step for TradFi adoption
Execs at TP Icap and Societe Generale say the identifier removes a major barrier for crypto acceptance.
In ‘unusual’ move, Virtu fights $25m SEC fine for data safeguarding breach
Virtu disputes the regulator’s claim that employees had ‘unfettered’ access to consumer data.
What firms should know ahead of the DSB’s UPI launch
Six jurisdictions have set deadlines for firms to implement the derivatives identifier, with more expected to follow.
Europe’s AI Act is taking shape. How will the UK respond?
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
