Waters
Perceive, reason, act: Agentic AI, graph tech used to assess risk
Industry executive Jay Krish is experimenting with large language models to help PMs monitor for risk.
BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.
DTCC defines its AI play
Johnna Powell outlines the DTCC’s AI strategy, how new technologies might impact the various post-trade processes it supports and the best practices firms should adopt when integrating AI governance into their existing risk management functions.
NY Fed Home Loans Bank spurns multi-cloud model
The cost and complexity of diversifying away from the big three providers outweighs concentration risks.
Citi close to launching GenAI investment tools
The new tech will be used to improve investment recommendations and increase cross-selling opportunities.
Overnight trading, a new dealer-to-client credit biz, so much AI, and more
The Waters Cooler: TP Icap acquires Neptune, Sterling launches overnight trading, and Thoma Bravo gets billions from investors in this week’s news round-up.
First Citizens used AI to retain SVB customers
The firm’s retention efforts involved using AI to monitor customer behavior and sentiment—including profanities.
Sell-Side Technology Awards 2025: Best sell-side front-office platform (vendor)—Bloomberg
Product: Bloomberg TOMS
Sell-Side Technology Awards 2025: Best artificial intelligence (AI) technology (trading)—dxFeed
Product: dxFeed SummerFox
Sell-Side Technology Awards 2025: Best data provider to the sell side—FactSet
Product: FactSet Sell-Side Workstation and Productivity Suite
Sell-Side Technology Awards 2025: Best alliance or partnership—Numerix and PiP Mexico
Product: Numerix Analytics Service (NAS)
Sell-Side Technology Awards 2025: Best sell-side trading network—MarketAxess
Product: DealerAxess, Mid-X, Dealer RFQ (DRFQ)
Sell-Side Technology Awards 2025: Best sell-side analytics product—Bloomberg
Product: Bloomberg Sell-Side Analytics
Sell-Side Technology Awards 2025: Best infrastructure provider to the sell side—TransFICC
TransFICC wins best infrastructure provider to the sell side in the 2025 Sell-Side Technology Awards.
Sell-Side Technology Awards 2025: Best sell-side market surveillance product—Nasdaq
Product: Nasdaq Trade and Market Surveillance
Waters Wavelength Ep. 320: Tradeweb’s Chris Bruner
This week, Tradeweb’s Chris Bruner joins the podcast to discuss digital assets and fixed income.
Tech vendors, exchanges see gains from GenAI code assistants
CME Group and others report their experiences using code assist tools to generate code, support tech migrations, and speed up testing, and support functions.
LSEG–MayStreet: When good partnerships go bad
Waters Wrap: MayStreet’s founder and former CEO is suing LSEG for fraud and breach of contract. Anthony considers what the damage control might look like.
Bloomberg adds web traffic data as leading indicator of market moves
The vendor’s deal to incorporate website visit data from Similarweb is the latest move in its ongoing expansion of alternative datasets.
Momentum is building for 24/5 trading. What does it mean for the future?
Stakeholders and industry bodies have progressed on some looming questions about overnight trading. Nyela examines what that and shortening settlement cycles means.