Wavelength Podcast Ep. 181: M&A News; Limitations of AI
Wei-Shen and Tony discuss recent acquisition and investment news, and AI predictability.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Anthony is back on the podcast with Wei-Shen. They talk about the investment Swedish private equity firm EQT made in Rimes Technologies, as well as the two acquisitions the Cboe (Chicago Board Options Exchange) Global Markets made this week. Then, they discuss some drawbacks of AI when looking at predicting market movements.
https://www.waterstechnology.com/technology/4798531/nomura-chief-warns-of-ais-limitations
1:00 – Tony joins the podcast to talk about this week’s acquisition and investment news, and issues with using AI as a predictability tool of market movements.
3:00 – Then, he cautions how M&A speculation stories generally, might be a play to perhaps make the valuation of a company look better, highlight the competition, et cetera.
9:00 – Tony explains why he finds it interesting that EQT invested in Rimes.
11:30 – Then, they talk about the conflict of interests that could arise if an exchange does acquire such a company like Rimes.
13:00 – Next, they discuss the acquisitions that Cboe recently made to boost its risk analysis capabilities.
20:00 – Tony and Wei-Shen then talk about whether AI could truly predict market movements.
28:30 – Could AI be like a shot of steroids to traders, if used correctly?
31:00 – Then, they talk about how the idea of time has been distorted by how we consume content, where we are sometimes more willing to binge-watch 8-hours of a TV series, but not as willing to watch a 3.5-hour movie.
36:00 – They wrap up the podcast by admitting how impossible it is to live without our mobile phones.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 171: FactSet's Rich Newman on Open Data
Episode 172: Buy-Side Trading & Automation
Episode 173: Hadoop, Data Warehousing
Episode 174: Previewing Waters USA
Episode 175: Tradeweb's Billy Hult
Episode 176: Data Hungry AI; Women in Data
Episode 177: Data Implications of 5G & IoT
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: https://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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Waters Wavelength Ep. 331: Cresting Wave’s Bill Murphy
Bill Murphy, Blackstone’s former CTO, joins to discuss that much-discussed MIT study on AI projects failing and factors executives should consider as the technology continues to evolves.
FactSet adds MarketAxess CP+ data, LSEG files dismissal, BNY’s new AI lab, and more
The Waters Cooler: Synthetic data for LLM training, Dora confusion, GenAI’s ‘blind spots,’ and our 9/11 remembrance in this week’s news roundup.
Chief investment officers persist with GenAI tools despite ‘blind spots’
Trading heads from JP Morgan, UBS, and M&G Investments explained why their firms were bullish on GenAI, even as “replicability and reproducibility” challenges persist.
Wall Street hesitates on synthetic data as AI push gathers steam
Deutsche Bank and JP Morgan have differing opinions on the use of synthetic data to train LLMs.
A Q&A with H2O’s tech chief on reducing GenAI noise
Timothée Consigny says the key to GenAI experimentation rests in leveraging the expertise of portfolio managers “to curate smaller and more relevant datasets.”
Etrading wins UK bond tape, R3 debuts new lab, TNS buys Radianz, and more
The Waters Cooler: The Swiss release an LLM, overnight trading strays further from reach, and the private markets frenzy continues in this week’s news roundup.
AI fails for many reasons but succeeds for few
Firms hoping to achieve ROI on their AI efforts must focus on data, partnerships, and scale—but a fundamental roadblock remains.
Waters Wavelength Ep. 330: AI hot takes
It’s Shen and Reb this week talking about AI and the landscape for fintech partnerships.