Emerging Technologies
Getting up to speed: Shortwave Chicago-London link clocks under 25ms
Industry benchmarking body Stac reports audit findings on the latency and throughput of Raft Technologies’ Chicago-London links.
Europe’s AI Act is taking shape. How will the UK respond?
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
This Week: Broadridge/UBS, Bloomberg, MarketAxess, ICE, and more
A summary of the latest financial technology news.
Google bullish on AI benefits in the face of fears over unchecked growth
Tech giant quells fears over a Skynet-style reality, stressing a risk-based approach to AI usage during a panel in London on Thursday.
Has cloud cracked the multicast ‘holy grail’ for exchanges?
An examination of how exchanges—already migrating to the cloud—are working to solve the problem of multicasting in a new environment.
This Week: FIX; DLT report; reporting fines; derivatives tech; startups and more
A summary of the latest financial technology news.
SEC squares off with broker-dealers over data analytics usage
The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC…
Crypto ECNs aim to offer alternative to Clobs
CrossX and Cypator bring ECN-style trading and settlement to crypto, but rivals claim infrastructure isn’t ready
Waters Wrap: ICE, Nasdaq and differing views about cloud
As exchanges continue to embrace cloud, the decisions they make today will have long-lasting implications.
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
This Week: EuroCTP, CME/DTCC, State Street, Broadridge and more
A summary of the latest financial technology news.
Waters Wavelength Podcast: How do firms create data products?
Standard Chartered’s David Sharratt joins the podcast to discuss creating data products.
Snowflake partners with BMLL in another big tech-fintech tie up
The collaboration comes as part of both companies’ desire to eliminate end users’ need for intensive data engineering, as well as costly in-house data storage.
This Week: Nasdaq, ICE, FIA Tech, SimCorp and more
A summary of the latest financial technology news.
Behavioral analytics: the data trend that has asset managers looking inward
Vanguard and others are building tools that “nudge” investors to make better investment decisions.
Waters Wavelength Podcast: David Hardoon dissects language models
David Hardoon returns to talk about the field of language and how it’s the ‘heart and soul’ of artificial intelligence.
This Week: Tradeweb, Microsoft, JPMorgan, Goldman Sachs, and more
A summary of the latest financial technology news.
SS&C Advent is working towards its cloud evolution
Three years after laying out its cloud roadmap, the vendor is still pushing ahead with the Genesis platform as the foundation.
Nasdaq moves second matching engine to AWS cloud
The exchange and its cloud partner are encouraged by the smooth migration so far—and also by capacity and latency improvements from running in the cloud.
This Week: Quodd/Gryphon; Citi; Danske Bank; Exegy and more
A summary of the latest financial technology news.
Banks call for direct oversight of cloud providers by US regulators
Tri-opoly of cloud vendors “poses systemic risk” to financial sector, say risk managers
Inside look: How Big Tech is using generative AI to win over finance
Execs from Amazon, Google and IBM explain their capital markets strategy when it comes to rolling out new AI tools.
Snowflake: Data strategy essential for AI
The cloud data platform provider continues to make investments in data quality and cleansing.
Third-party guidance spurs US bank rethink on fintech partners
For conventional vendors, banks say due diligence rules will be the toughest challenge