Asset Managers
8 bank CTOs and CDOs sound off on artificial intelligence
Waters Wrap: Last year, WatersTechnology spoke with heads of technology and data from a range of tier-1 banks. Anthony pulls at one common thread from those interviews: AI.
As US options market continued its inexorable climb, ‘plumbing’ issues persisted
Capacity concerns have lingered in the options market, but progress was made in 2024.
Data costs rose in 2024, but so did mitigation tools and strategies
Under pressure to rein in data spend at a time when prices and data usage are increasing, data managers are using a combination of established tactics and new tools to battle rising costs.
Doubts raised over new FX platform disclosures
New disclosure sheet template will require platforms to outline how they charge for data
Expanded oversight for tech or a rollback? 2025 set to be big for regulators
From GenAI oversight to DORA and the CAT to off-channel communication, the last 12 months set the stage for larger regulatory conversations in 2025.
In 2025, keep reference data weird
The SEC, ESMA, CFTC and other acronyms provided the drama in reference data this year, including in crypto.
Asset manager Saratoga uses AI to accelerate Ridgeline rollout
The tech provider’s AI assistant helps clients summarize research, client interactions, report generation, as well as interact with the Ridgeline platform.
CDOs evolve from traffic cops to purveyors of rocket fuel
As firms start to recognize the inherent value of data, will CDOs—those who safeguard and control access to data—finally get the recognition they deserve?
From no chance to no brainer: Inside outsourced trading’s buy-side charm offensive
Previously regarded with hesitancy and suspicion by the buy side, four asset managers explain their reasons for embracing outsourced trading.
The art of communication: Data pros need better messaging
As the CDO of a tier-one bank puts it, when there’s an imbalance in communication between the data organization and the business (much less other technology heads) “that creates problems.”
LSEG shelves replatforming project for FX Matching venues
After EBS migration, dealers had little appetite for another major technology project
T. Rowe Price’s Tasitsiomi on the pitfalls of data and the allures of AI
The asset manager’s head of AI and investments data science gets candid on the hype around generative AI and data transparency.
Back to basics: Taxonomies, lineage still stifle data efforts
Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.
As vulnerability patching gets overwhelming, it’s no-code’s time to shine
Waters Wrap: A large US bank is going all in on a no-code provider in an effort to move away from its Java stack. The bank’s CIO tells Anthony they expect more CIOs to follow this dev movement.
Too ’Berg to fail? What October’s Instant Bloomberg outage means for the industry
The ubiquitous communications platform is vital for traders around the globe, especially in fixed income and exotic derivatives. When it fails, the disruption can be great.
J&J debuts AI data contracts management tool
J&J’s new GARD service will use AI to help data pros query data contracts and license agreements.
ICE Connect adds data integration capabilities for proprietary data
Intercontinental Exchange’s desktop platform is collaborating with CloudQuant to allow customers to integrate in-house data and analytics with the datasets found on its ICE Connect platform.
Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T
Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.
Chief data officers must ‘get it done’—but differ on what that means
Voice of the CDO: After years of focus on data quality, governance, and compliance, CDOs are now tasked with supporting the business in generating alpha and driving value. How can firms put a value on the CDO role?
In a world of data-cost overruns, inventory systems are a rising necessity
The IMD Wrap: Max says that to avoid cost controls, demonstrate the value of market data spend.
S&P debuts GenAI ‘Document Intelligence’ for Capital IQ
The new tool provides summaries of lengthy text-based documents such as filings and earnings transcripts and allows users to query the documents with a ChatGPT-style interface.