Nyela Graham

1 week ago | waterstechnology.com | Nyela Graham

Pop or soda. Sub or hoagie. Kar-mel or care-uh-mel. Legacy technology or aging infrastructure. It’s all semantics… or is it? While regional differences in describing certain drinks and foods may elicit animated debates, legacy technology and what to do with it is at the center of its own nuanced conversations among financial technology teams. Though technology’s pace of innovation could break necks, the previous choices made by teams remain consequential. And though they say hindsight is 20/20, it

2 weeks ago | waterstechnology.com | Nyela Graham

Tweet Facebook LinkedIn Save this article Send to Print this page In a rapidly evolving AI landscape, firms across capital markets are playing catch-up with their technology stacks. They have had to ensure that their data and underlying infrastructure, among other things, are organized, insightful, and scalable for the future. For BNY, one of the oldest banks in the world, this is not the easiest task. But on data and AI, the firm has worked to make it true.

3 weeks ago | waterstechnology.com | Nyela Graham

Tweet Facebook LinkedIn Save this article Send to Print this page On May 17, 1792, a total of 24 brokers signed the Buttonwood Agreement, a document that established the first stock exchange on Wall Street. According to financial legend, the agreement was signed under a buttonwood tree, at what is now 68 Wall Street. It contained only two rules: the brokers were to deal only with each other, and they would charge clients a commission of 0.25% per transaction.

1 month ago | waterstechnology.com | Nyela Graham

Patrick Flannery, the founder and former CEO of market data provider MayStreet, is suing London Stock Exchange Group (LSEG) for fraud and breach of contract following the 2022 acquisition of the vendor, according to court documents reviewed by WatersTechnology. Among the chief complaints in the lawsuit, which was filed in Delaware’s Court of Chancery on May 16, Flannery accuses the exchange group of failing to add any of its existing content to MayStreet’s products by an agreed-upon date, failing

1 month ago | waterstechnology.com | Nyela Graham

Tweet Facebook LinkedIn Save this article Send to Print this page In the four years since it purchased Cloud9, Symphony has built out new capabilities on the Cloud9 platform centered around ease of access and consolidation. It’s leaned on AI-powered tools to introduce noise suppression and transcription capabilities, and others.