Waters
This Week: Refinitiv; State Street/BlackRock; SteelEye; SimCorp; FEX Global/TT
A summary of some of the past week’s financial technology news.
What the inevitable ‘publicizing’ of private markets means for investors and exchanges
As markets for trading stock in privately-held companies become more prevalent and exchange-like, and potentially attract more investors, Max questions what impact this will have on fully-fledged exchanges and their offerings.
IBM lures banks’ critical workloads to financial cloud as ‘threat’ from big tech looms large
Having signed a trio of new banks to its financial services-specific cloud, the computing giant is betting on cutting-edge technologies like confidential computing to entice banks threatened by big tech firms.
Citi, other banks set to ink ‘Octopus’ deal for new multi-bank CLO platform
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
Engineers tap machine learning to improve graph analytics
Augmenting graph analytics with AI can detect more complicated anomalies, vendors say.
Waters Wrap: The nature of data and information (And Ion-List thoughts)
Anthony takes a look at the alternative data industry post-GameStop, and wonders about Ion Group’s strategy going forward after recent acquisitions.
People Moves: LSEG; Broadway; Pirum; CFTC/Citadel Securities; SEC/Coinbase
A look at some of the key people moves from this week, including Sabrina Bailey (pictured), who has been appointed by LSEG to lead its wealth solutions business in the US.
Users clash with ASX over changes to its DLT settlement system
Industry groups and tech experts are worried that proposed last-minute changes will introduce new risks.
This Week: Google Cloud/Commerzbank, SmartStream, Anna DSB, and more
A summary of some of the past week’s financial technology news.
Not all digital securities were created equal
Cusip’s Matthew Bastian explains that a tokenized asset offering is not the same as other products that get tagged as being a digital asset. The differences are becoming more important as the capital markets industry continues to explore these new…
IHS Markit soft launches more Risk Bureau capabilities ahead of Libor transition
The newly-acquired data giant targets the sell side with a suite of new risk-based applications meant to help banks with the transition from Libor, which is expected for the end of this year.
Waters Wavelength Podcast: Episode 229 (World Backup Day)
On this episode of the Wavelength Podcast, Wei-Shen and Tony discuss their backup data habits.
