Wavelength Podcast Episode 121: An Examination of CQRS; Coinbase’s Institutional Play
Linedata's Dave Remy and Chris Condron discuss all things CQRS and James Rundle goes over some of the big news breaking in the crypto space.
This week, Dave Remy, the chief technology officer for Linedata’s asset management vertical, and Chris Condron, principal software architect for asset management, join the podcast to discuss developments in the CQRS-ES space. For those not in the know, CQRS is a data architecture pattern that stands for Command Query Responsibility Segregation, and ES is Event Sourcing. While that might not jump out as being the sexiest of topics, it’s actually a very interesting development in the tech world that is seeping into the capital markets. Dave and Chris discuss the benefits and challenges of the pattern and provide their insights as to how firms can start to experiment with it.
But before that, James gives an update on some big news coming out of the crypto space and then at the end, Anthony and James pick an easy target to make fun of—the MTA.
To hear the full interview, listen in the player above, or you can download it.
Cryptocurrencies
0:00-4:00 An update on the Waters Rankings, and other housekeeping notes.
4:00-10:00 Coinbase is launching Coinbase Markets to appeal to institutional investors. While encouraging, there’s still a worry that development is being pushed forward too quickly.
CQRS-ES
11:00 CQRS: What it is—a brief history of the pattern and how it got started in algorithmic trading.
15:15 How does blockchain—and distributed-ledger technology as a whole—play into the CQRS space?
17:30 How can CQRS add risk and complexity if not monitored closely?
21:30 What are the main drivers of CQRS? (Hint: cloud, microservices, open-source and blockchain are big drivers.)
25:00 Vector clocks are important.
26:00 Examples of how the pattern has been beneficial to the Linedata offering.
28:00 For companies that are just starting to look at CQRS, what are the pitfalls to avoid?
30:00 From a talent-acquisition perspective, what does the landscape look like?
31:30 In a nutshell, what are the benefits?
Misc
Anthony and James rant about the looming L train shutdown.
Upcoming Events
North American Financial Information Summit (New York)
Toronto Financial Information Summit (Toronto)
Tokyo Financial Information & Technology Summit (Tokyo)
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony or James via Twitter or email.
Anthony: @a_malakian; anthony.malakian@infopro-digital.com
James: @JimRundle; james.rundle@infopro-digital.com
Past 10 episodes:
Episode 111: The Challenges Facing Utilities
Episode 112: A Look at How Fintechs are Being Disruptive
Episode 113: IBM's Lund on Blockchain's Evolution
Episode 114: A Recap of FIA Boca - Blockchain, Crypto, AI, Brexit
Episode 115: The CME Buys NEX Group
Episode 116: The Perils of Bitcoin; SS&C and Ion Move in on Fidessa
Episode 117: Machine Learning, Chatbots & Fintechs
Episode 118: CAT ‘State of the Union’, RTS 27 & 28 Concerns
Episode 119: SS&C's Acquisition Plans; Data Privacy Concerns; May 2018 Features
Further reading
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: http://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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
Zeros and ones: Industry contemplates T+0 as the next step
With the North American transition to T+1 settlement complete, same-day settlement could be the next goalpost set, though skeptics are many.
The IMD Wrap: Déjà vu as exchange data industry weighs its options
Max highlights some of WatersTechnology’s recent reporting on data costs and capacity issues facing the options industry, and asks, haven’t we seen this before somewhere?
FRTB data quality issues persist amid shifting implementation dates
Banks are finding market and reference data challenges posed by the FRTB’s standardized model tricky, compounded by uncertainty over when the regulation will take effect.
Cboe pushes rule change to make way for proprietary Opra alternatives
As US options data has grown in volume and cost, Cboe says changing the public feed's governing document would make way for more competition from private alternatives, including its Cboe One Options Feed, launched in 2023.
Regulators urged to promote cyber security investment
Public interest in stopping cyber attacks that could trigger bank runs, says Bundesbank researcher
Hong Kong looks for digital response to trade reporting burden
New swaps reporting framework will include more fields than requirements in US or Singapore.
Big questions remain over Dora’s critical third parties
Industry looks for clarity on critical third parties ahead of July 17 regulatory technical standards for the EU’s Digital Operational Resilience Act.
As legal letters fly, Cusip licensing debate rolls on
Cusip Global Services’ licensing agreements with third-party data providers sit at the heart of the antitrust case against itself and three others.
Most read
- IEX Cloud closure forces fintech clients to seek data alternatives
- Zeros and ones: Industry contemplates T+0 as the next step
- The IMD Wrap: Déjà vu as exchange data industry weighs its options