Capital markets
Waters Wavelength Podcast: Episode 241 (Big Tech and the capital markets)
Wei-Shen and Tony explore the idea of big tech companies disrupting the traditional Wall Street vendors.
People Moves: State Street, SimCorp, Six, Exegy, and more
A look at some of the key "people moves" from this week, including Taro Kuryuzawa (pictured), who joins State Street as country head for Japan.
UnaVista SFTR closure casts doubt on viability of reg reporting
The decision to shutter the service is another blow to the industry and the business case of reg reporting under SFTR.
This Week: Bloomberg, Broadridge, Rimes, Glue42, and more
A summary of some of the past week’s financial technology news.
People Moves: LedgerEdge, JP Morgan, MarketAxess, Enfusion, and more
A look at some of the key people moves from this week, including Michelle Neal (pictured), who has joined enterprise software vendor LedgerEdge as CEO of US operations.
A blockchain believer: Broadridge looks to expand its DLT influence
The market infrastructure provider has rolled out its blockchain-based repo transaction platform with plans to further build on the emerging technology.
New entrants want to feed bond market’s hunger for data
In the absence of a consolidated tape for debt securities in the EU, vendors with different approaches to distributing fixed-income market data are emerging.
People Moves: Broadridge/Itiviti, Tora, DTCC, Maystreet & more
A look at some of the key "people moves" from this week, including Ray Tierney (pictured), who has been appointed president of Itiviti.
This Week: BlackRock/Cassini Systems, Standard Chartered, and more
A summary of some of the past week's financial technology news.
Four years of academic study on HFT yields complicated results
A transatlantic group of researchers has examined a treasure trove of market data to see whether or not high-frequency trading is a necessary component of today’s market structure. The answer is largely ‘yes,’ but with caveats.
ThisWeek: Glue42/Deephaven Data Labs, Brown Brothers Harriman, Dash Financial and more
A summary of some of the past week's financial technology news.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Inside RBC’s Aiden project: 5 years of deep learning
Aiden, a trading platform launched last year, is the product of five years of experimentation with deep learning by RBC Capital Markets on top of an additional five years of hypothesizing about what best execution would one day require.
Leveraging Interconnection and the Cloud for Faster, Smarter Business Decisions
How the Covid-19 pandemic accelerated the digital transformation and the move to cloud-based services for capital markets firms, and the extent to which such offerings will continue to find traction across the industry.
Swipe left: repo reporting no match for Brexit, or collateral
A happier start than Emir, but SFTR honeymoon is over now that trades report separately in UK and EU.
This Week: ICE, IHS Markit, Commerzbank/Deutsche Börse, TNS & more
A summary of some of the past week’s financial technology news.
OpenFin outgrows container tech origins with Workspace UI launch
New interface will standardize notifications, user interactions and content presentation.
Waters Wrap: The looming data storage wars (And Bloomberg killers)
Anthony first looks at the data storage space, explaining that fees are likely to increase for buy- and sell-side firms in the near-term. He also wonders if there’s a market in the terminal/workstation space for innovative startups to gain traction. As…
Symphony suspends Sparc pending registration talks with CFTC
The comms provider may have to register its RFQ workflow and messaging tool as a Sef, or perhaps permanently shut down the business line.
Small alt data providers feel pressure to specialize
GTCOM-US, once a bespoke alt data shop for the buy side, has narrowed its offering to focus on Chinese datasets as the largest alt data players get even bigger.
Waters Wrap: Big Tech takes control of cutting-edge encryption (And consortium flat circles)
In addition to growing their cloud presence in the capital markets, Big Tech companies are, unsurprisingly, taking the lead on encryption and security in the cloud. Anthony sees positives and negatives. He also looks at bank-led consortiums.