Articles by Wei-Shen Wong
Collaborating to innovate: Franklin Templeton builds out internal/external fintech programs
The asset management giant is strengthening its investment management and data science initiative to streamline innovation within the firm.
Waters Wavelength Podcast: Nasdaq’s Dague on exchange cloud strategy
Bill Dague, head of alternative data at Nasdaq, joins the podcast to discuss the forces driving exchanges to the cloud.
What makes a good PM? New algos separate the skillful from the lucky
$15 billion investment manager Xponance’s web-based platform, Aapryl, helps asset allocators distinguish skillful investment managers from those who are simply lucky.
Shaking things up in the dark: Vendors build new tools for dark-pool trading in Asia-Pacific
New conditional order venues could bring more liquidity and sophistication to dark pool trading in the region.
Waters Wavelength Podcast: Tradeweb’s Bruni on electronification of repo markets
Enrico Bruni, managing director and head of Europe and Asia at Tradeweb, joins the podcast to discuss electronification in the repo space.
LSEG-Tora: A tale of crypto, Asia expansion and (more) integration burdens
When LSEG acquired Refinitiv, it added Eikon, FXall, and AlphaDesk to its portfolio of execution platforms. In February, the exchange also bought Tora, which has a stronghold in Asia, as well as a presence in crypto. While sources say there are clearly…
One view to rule them all: Buy side firms seek to unify their data
Asset management firms still struggle to consolidate their data so that it speaks the same language across different business lines. Some new SaaS-based investment management vendors are aiming to solve this.
Waters Wavelength Podcast: MayStreet’s Kimmel on the NMS plan
MayStreet chief policy officer Manisha Kimmel joins the podcast to talk about how national markets system data is charged for.
In the race to institutionalize crypto, participants eye familiar tech ‘wrappers’ for new assets
Despite the development of digital assets overall, and interest in cryptocurrencies remaining strong among individual investors and niche firms, widespread institutional adoption remains muted. Wei-Shen Wong looks at the tools being developed to support…
Waters Wavelength Podcast: Episode 248 (A Merry Covid Christmas)
This week, Tony and Shen rant about dealing with Covid. No tech here, folks. Merry Christmas!
From overhype to practical use cases: the DLT projects that gained ground in 2021
WatersTechnology reflects on some notable distributed ledger technology projects.
Waters Wavelength Podcast: DTCC’s Peve on using tokenization to streamline private markets
Jennifer Peve, managing director and head of strategy and business development at DTCC, discusses the Digital Securities Management (DSM) platform the firm is working on for US private markets.
Waters Wavelength Podcast: Bill Murphy on innovation discovery
Bill Murphy, managing partner at Cresting Wave, is back on the podcast with Tony to talk about innovation discovery.
IBM eyes ‘seamless integration’ of quantum, classical computing
Blending classical and quantum computing could reduce the cost of quantum calculations and eliminate the need to understand hardware specifics, IBM says.
FactSet EMS adds fixed-income trading capabilities
Portware is already integrated with fixed-income electronic trading platform Trumid, as well as Tradeweb, MarketAxess, and Bloomberg.
Waters Wavelength Podcast: Sustainability and the circular economy
Garry Cooper, CEO and co-founder at Rheaply, joins the podcast to discuss the circular economy and how technology plays a part.
Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
IBM’s general manager of global banking and financial markets joins the podcast to talk about the importance of modernizing mainframes.
ASX goes live with new DLT-as-a-service platform
Synfini enables customers to access the exchange’s DLT infrastructure, data hosting, ledger services, and support.
Interoperability: Banks struggle with just how much they want for flagship platforms
For all the talk of interoperability within the capital markets, Wei-Shen wonders just how far firms are willing to go.
After Refinitiv deal, LSEG Labs builds machine-learning market impact tool
Geoff Horrell talks about the Lab’s innovation strategy after the Refinitiv acquisition, deep learning, and the ideation process.
Northern Trust focuses on alpha generation with recent investments, partnerships
Northern Trust has invested in three firms this year, which now sit in its investment data science division as part of its Whole Office strategy.
Waters Wavelength Podcast: State Street’s COO on acquisition strategy
Lou Maiuri, chief operating officer at State Street, joins the podcast to discuss State Street’s acquisition of Brown Brothers Harriman’s Investor Services business.
ASX builds ‘DLT-as-a-service’ offering to help prep market for Chess replacement
The exchange’s customer Daml sandpit has been up and running since January and has had over 20 firms log on. The next phase—its DLT cloud environment—will be ready in early October.
SimCorp takes ‘Aim’ at EDM space with DataCare rollout
Since launching DataCare in April 2020, the vendor has signed up eight clients, including Zurich Group Investment Management.