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Tag Archives: FinTech

Steve Grob, Fidessa — The Innovator’s Dilemma Feature,MWEd,Mwiki,Video,video

What are the chances the firm you work for will be around in five or 10 years? In our video from JLN’s MarketsWiki Education World of Opportunity Event in London 2016, Steve Grob, director of group strategy with Fidessa, talks about why most businesses will inevitably fail and how to see that coming. For him, most failures come down to an unwillingness to take the blinders off and listen to any outside influences.   “The point I’m trying to make is that so many firms are so engrossed in solving the very short-term, immediate, and short-sighted needs of their customers,…

Scott Feldman, ICAP Infinity – The Fintech Evolution Fintech,MWEd,Mwiki,Video,video

“That ability to communicate well and play [the role of] Google Translate is a differentiating factor for someone in the fintech space. You’ve got to marry the technology with the finance, and a lot of times they don’t speak the same language.”   That ability to communicate is one of the soft skills that people hiring in the fintech space seek in candidates. But the industry looks for many more traits in prospective entrants because fintech is a developing corner of the market and, as such, there is no one template for a dream resume or candidate. According to Scott…

What investors misunderstand about the politics of rage; CFTC set to tweak rules for automated trading; Wall Street Bonuses to Decline John Lothian Newsletter,Newsletter

First Read A Big Deal in Chicago, U.S. and the World By John J. Lothian and Jim Kharouf – JLN Tomorrow is election day in the United States. It’s almost hard to write the first word of our country’s name because we are hardly united these days – divided over everything from political idealism, immigration, terrorism, globalization, capitalism to the many other isms and phobias that threaten what we stand for as a country, and arguably THE standard bearer for democracy. And yet, here we stand on the eve of the election faced with a choice to make between two…

Market change doesn’t have to be violent to hurt; U.S. Said to Probe Tullett, BGC, TFS-ICAP Over FX Options; Buy Side Looks to Fill Market-Making Vacuum Newsletter,Options

Observations & Insight Bits & Pieces Last call. Our MarketsWiki Education series in London will be held on Monday. Do you know any interns, students, or young professionals who would benefit from hearing about our industry from the likes of Scott O’Malia, Guy Simpkin, Steve Woodyatt, Steve Grob, Rob Russell, Andrew Gibbins, Cathy Lyall and more? It’s not too late to send them our way. Register http://bit.ly/1XxdC46. Hosted at the University of Chicago Booth School of Business, 25 Basinghall St, London EC2V 5HA, there are three 90 minute sessions: from 10:00 to 11:30, 13:00 to 14:30 and 15:00 to 16:30….

Women in Fintech Panel at Expo Highlights Problems and Solutions Blog,Fintech

Both women and men gave high marks to the Women in Listed Derivatives-sponsored panel on Women Who Shape Fintech, moderated by Diane Saucier, the president of WILD and client relationship manager at Fitch Learning. Some of the takeaways were: There is still a “confidence gap” between men and women. For example, women are often hesitant to apply for a particular job unless they meet 100 percent of the qualification requirements, whereas men often take a chance even if they only meet 70 percent. Only about 7 percent of entrepreneurs getting funding are women. And there are even fewer in fintech….

Rob D’Arco, Rival Systems – Technology: the Center of the (Financial) World Blog,MarketsWiki Education,Video

“It’s an exciting time for technology in the trading industry. Never before has technology been so instrumental across all aspects of the financial markets.” When Rob D’Arco was tasked with the design of an options trading platform 15 years ago, he was admittedly nervous. Though his management consulting and technology background had prepared him for the assignment from a competency standpoint, he knew nothing about trading environments and trader mentality, aside from a few horror stories about working with traders and trading groups. In the end, he was pleasantly surprised by how easy it was to work with the traders,…

Sit down, let me tell you how this works Commentary

When I sat down in Doha, Qatar with Yossi Beinart, CEO of the Tel Aviv Stock Exchange, at the World Federation of Exchanges annual conference last November, he outlined one of the key initiatives for the exchange – helping young companies grow. For many companies, Beinart said, access to capital is just one part of the puzzle. The other is finding access to people who can help small and medium sized companies assist in taking them to the next stage of growth. TASE aims to be one of those sources, he said, a novel approach for an exchange which traditionally…

John Lothian Newsletter: NYSE Embarks on High-Stakes Technology Shift for its Exchanges; SEC looking into bank-loan, exchange-traded funds after Third Avenue; Hedge funds and private equity pressured to cut fees Blog,John Lothian Newsletter,Newsletter

First Read Sit down, let me tell you how this works Jim Kharouf, JLN When I sat down in Doha, Bahrain with Yossi Beinart, CEO of the Tel Aviv Stock Exchange, at the World Federation of Exchanges annual conference last November, he outlined one of the key initiatives for the exchange – helping young companies grow. For many companies, Beinart said, access to capital is just one part of the puzzle. The other is finding access to people who can help small and medium sized companies assist in taking them to the next stage of growth. TASE aims to be…

Utility Player: FIS’ John Avery Sees the Derivatives Utility as a Driver of Innovation Interview,Tech / HFT,Video

In June of 2015, SunGard, now part of FIS Global, launched its post-trade derivatives utility, which aims to standardize back and middle office operations and technology, with Barclays as its first customer. According to FIS’ John Avery, it is not about commoditization so much as specialization. “If we look at the clearing market as an example, firms are really there to provide their balance sheet and client service, and use that as a differentiation tool,” says Avery. “What we don’t see is a need for those same firms to maintain a book of proprietary technology.” In other words, banks and…