Waters
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.
Are recordkeeping rules ripe for updates?
The Waters Wrap: SEC Rule 17a-4 appeared back on the SEC’s 2026 agenda two weeks ago. Some in the industry are hoping for relief, Reb writes.
Waters Rankings 2026: Best performance measurement and attribution system provider—FactSet
FactSet wins best performance measurement and attribution system provider in the 2026 Waters Rankings for its FactSet Performance Solutions (FPS).
Waters Rankings 2026: Best artificial intelligence (AI) technology provider—S&P Global Market Intelligence
S&P Global Market Intelligence wins best artificial intelligence (AI) technology provider in the 2026 Waters Rankings for its S&P Capital IQ Pro product.
Waters Rankings 2026: Best outsourcing service provider—Northern Trust
Northern Trust wins best outsourcing service provider in the 2026 Waters Rankings for its Integrated Trading Solutions (ITS) and Foreign Exchange (FX) services.
Waters Rankings 2026: Best AML compliance solution provider—KYCP
KYCP wins best AML compliance solution provider in the 2026 Waters Rankings for its KYCP product.
Garage upstart turns Polymarket bets into benchmarks
Belief Systems launches 13 prediction indexes, but faces adoption hurdles.
TRG buys BST, buy side tests AI for research, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
BlackRock aims to transform data quality checks with AI
Engineers at the firm are experimenting with harnessing the power of AI to improve data quality, and early results are promising.
A third of banks do not maintain logs for GenAI models
Benchmarking study finds few banks review prompt logs systematically, with larger firms focusing on higher risk use-cases.
Ethereum rebuild casts doubt on banks’ QC prep
The Waters Wrap: Q-Day may be approaching faster than some realize. As Ethereum embarks on a major overhaul, Wei-Shen asks: just how prepared are banks?
Few banks formally evaluate GenAI human-in-the-loop controls
Benchmarking: G-Sibs and challengers use tools to test controls efficacy; others rely on judgment.
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.
New Preqin indices, Bloomberg’s TCA API, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Agentic AI for XVAs still five years away, experts say
Risk Live: Questions about validation and accountability keep autonomous AI models out of XVAs for now.
Winning M&A depends on a strong data and technology strategy
As M&A activity grows, Fenergo’s Tracy Moore writes on how to prioritize technological readiness and deal pay-off.
MUFG builds internally compliant version of Claude Code
Japanese bank says Anthropic’s coding and productivity tool is effective at obtaining information but bucks compliance guardrails, prompting the creation of an in-house alternative.
The first overnight trading puzzle pieces fall into place
The Waters Wrap: The NSCC moved to 24x5 clearing hours last week. What comes next is worth paying attention to, Nyela writes.
Finance firms join Anthropic’s Project Glasswing as AI transforms cyber risk
Broadridge and Intercontinental Exchange are taking part in Anthropic’s cybersecurity initiative, built around its controversial Mythos model.
NSCC extends hours, Tradeweb finds on-chain success, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Waters Rankings 2026: Best managed data service provider—Rimes
Rimes wins best managed data service provider in the 2026 Waters Rankings for its Intelligence Fabric for Capital Markets product.
Waters Rankings 2026: Best corporate actions solution provider—SIX
SIX wins best corporate actions solution provider in the 2026 Waters Rankings for its Global Corporate Actions service.
Waters Rankings 2026: Best accounting system provider—FundGuard
FundGuard wins best accounting system provider in the 2026 Waters Rankings for its FundGuard platform.
Waters Rankings 2026: Best market data provider—LSEG
LSEG wins best market data provider in the 2026 Waters Rankings for its LSEG Data & Feeds.