Work is a Thing You Do
As I write this week's Editor's Letter, I'm sitting in our brand new, state-of-the-art newsroom. Well, sort of, it's actually a trial space for 30-odd journalists, salesmen, publishers and IT staff to drive test new cloud-based technologies and other tools that we'll be using on a day to day basis.
It's strange, in some ways. We've been writing about mobile technologies and cloud infrastructure for years, exhorting our readership to keep up with trends and adopt new innovations, but we've been relatively slow to adjust ourselves. For instance, we've traditionally been tied to our desktops, then our laptops, as the central points through which we work. Now, with the use of Virtual Desktop Interfaces, thin clients, Citrix access software and more, the machines themselves become another tool in the newsgathering arsenal, rather than the central point around which other tools revolve.
Enterprise Mobility
All of this means, of course, that we're not expected to have butts in seats all day, inasmuch as reporters ever are expected to. To that end we only have a 60 percent desk-to-staff ratio for the eventual newsroom layout, encouraging us to work elsewhere.
Why is this applicable to financial services? Broadly it's not, in that you'll always have desk residency on trading floors and elsewhere, for infrastructural reasons if nothing else. Mobility, as a topic area, applies more to the salesperson and the executive than it does the person who actually executes the trades at a brokerage, if you're taking mobility as purely the ability to work outside of bricks and mortar.
But the technologies available now mean that if you're using a tablet, say, you're not limited in the ways that you once were. I can connect, through my iPad's Citrix Receiver, to my desktop, and run Windows 8 on the tablet itself. On the way into work, when stuck between trains on the Tube, I'm able to log on, run Excel without problems, run Word, open a web browser, file a story and carry on as normal. It's not a way of working that I'd personally choose to engage in all of the time, but for keeping an eye on your output, it's perfect.
Mobility, as a topic area, applies more to the salesperson and the executive than it does the person who actually executes the trades at a brokerage, if you're taking mobility as purely the ability to work outside of bricks and mortar.
That's the area where mobility really seems to apply to financial services. Yes, trading happens on tablets already, but there probably isn't going to be a future any time soon where the majority of flow is booked through an iPad. But being able to run professional-grade software through a tablet, I'd imagine, is of immense use to many areas of an investment firm. Even if it's only in a peripheral rather than a primary sense.
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 Trading Tech
Navigating the MarketAxess ICE storm
The Waters Wrap: Most of the discussion surrounding ICE’s MarketAxess buy has focused more on benefits for the front office than the data possibilities.
On vibe coding, no/low-code dev, and some potential misconceptions
The Waters Wrap: Is no-code/low-code even a thing anymore? Not really. But the companies that championed those terms just a few years ago tell Anthony they aren’t going anywhere.
SEC gunning to take over CAT in 2027
Chairman Atkins has plans for the SEC to run the Consolidated Audit Trail directly. Industry participants are split on the idea.
Rapid-fire repo raises hopes of cheaper, faster trading
Tokenized Treasuries piloted by DTCC could squash settlement cycles and enable 24/7 repo.
Stopgaps and fail-safes: How trading vendors guard against rogue AI agents
TradeStation’s newest trading tool, Titan-X, uses agentic tools to help plan, execute, and collect data on trades.
A tidal wave of token costs threatens landfall
Budgeting for AI was never “easy,” but as financial firms rely more heavily on agents, soaring token usage is forcing them to rethink the economics of modern enterprise AI.
Is this tokenization’s golden opportunity?
The Waters Wrap: More initiatives around tokenizing assets are coming to fruition. Nyela asks: Is the market ready?
EuroCTP wins again, Fanatics teams up with BGC, Clarity Act’s uncertain future, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.