Waters Wavelength

Episode 347: Brennan Carley

05 Mar 2026

Contributed by Lukas

This week, Brennan Carley, who has spent more than 40 years working in financial technology, joins to discuss the hidden risks and untapped potential ...

Episode 346: TS Imagine’s Andrew Morgan

03 Feb 2026

Contributed by Lukas

This week’s guest is Andrew Morgan, president and chief revenue officer at TS Imagine. He talks with Wei-Shen about how fixed income trading behavio...

Ep 345: Patrick McGarry’s Ride to Remember

22 Jan 2026

Contributed by Lukas

On September 11, 2001, Katie McGarry Noack had just arrived at the World Trade Center’s Windows on the World. She was attending Waters’ first-ever...

Episode 344: Hot topics for 2026

13 Jan 2026

Contributed by Lukas

A little late, but a very Happy New Year from your favorite podcast hosts! This week, Tony and Shen discuss topics they think capital markets firms wi...

Episode 343: Broadridge’s Jason Birmingham

18 Dec 2025

Contributed by Lukas

This week’s guest is Jason Birmingham, CTO and head of global engineering at Broadridge (0:00) – Tony and Shen reminisce on an amazing snowman th...

Episode 342: LexisNexis Risk Solutions’ Sophie Lagouanelle

09 Dec 2025

Contributed by Lukas

This week’s guest is Sophie Lagouanelle, vice president of product for financial crime compliance at LexisNexis Risk Solutions (0:00) – Tony and ...

Episode 341: Citi’s Pitts and Topa

02 Dec 2025

Contributed by Lukas

This week’s guests are Michele Pitts, managing director and global product head of transaction management, and Marcello Topa, director for global ma...

Ep. 340: The sad state of journalism

26 Nov 2025

Contributed by Lukas

The week of Thanksgiving in the US is one of the slowest news weeks of the year. So Anthony and Nyela Graham (who is subbing in for Wei-Shen) talk abo...

Episode 339: Northern Trust Asset Management’s Jan Rohof

18 Nov 2025

Contributed by Lukas

This week’s guest is Jan Rohof, Asia-Pacific director of quantitative strategies and solutions at Northern Trust Asset Management https://www.wate...

Episode 338: BBH’s Mike McGovern

11 Nov 2025

Contributed by Lukas

For the first 9 minutes, Tony rambles on about US elections…naturally. The good stuff starts at 9:30, when Mike McGovern, global head of technology ...

Ep. 337: Interop.io’s Bob Myers

03 Nov 2025

Contributed by Lukas

Bob Myers runs Interop.io’s io.Intelligence unit. He joins the podcast (7:30) to explain what agentic AI really means (16:00); how the promise of ag...

Ep. 336: Tokenization mania

24 Oct 2025

Contributed by Lukas

Over the last few weeks, the CEOs of several major financial institutions, as well as regulators around the globe, have been talking about tokenizatio...

Episode 335: Some tech talk...kinda

10 Oct 2025

Contributed by Lukas

This week’s episode is one of those where Wei-Shen and Tony blather on about an array of things, including generative AI, cybersecurity, and Taylor ...

Episode 334: BofA’s Krishnan and McInnes

03 Oct 2025

Contributed by Lukas

This week, Bank of America’s Ashok Krishnan and Duncan McInnes join Tony to discuss the build, buy, borrow strategy and instilling the right culture...

Episode 333: Baseball, analytics and therapy

26 Sep 2025

Contributed by Lukas

No guest this week, folks. Tony and Shen discuss recent books they’ve read about data and analytics, and…humanity.

Episode 332: DTCC’s Val Wotton

19 Sep 2025

Contributed by Lukas

This week’s guest is Val Wotton, global head of equity solutions at DTCC. He joins to discuss the necessary steps leading up to the T+1 transitions ...

Episode 331: Cresting Wave’s Bill Murphy

12 Sep 2025

Contributed by Lukas

This week’s guest is Bill Murphy, managing partner at Cresting Wave 0:00 – Tony and Shen discuss System of a Down and Gorillaz 6:00 – Bill M...

Episode 330: AI hot takes

05 Sep 2025

Contributed by Lukas

This week, Shen and Reb discuss a recent MIT study on GenAI pilots, and Reb’s recent story about ModuleQ dissolving. https://mlq.ai/media/quarterl...

Episode 329: LLMs and the dead internet theory

29 Aug 2025

Contributed by Lukas

This week, Reb and Tony talk about the internet and the problems compounded by AI. https://www.waterstechnology.com/emerging-technologies/7952665/the-...

Episode 328: FundGuard’s Lior Yogev

22 Aug 2025

Contributed by Lukas

This week’s guest is Lior Yogev, CEO and co-founder at FundGuard. He joins the podcast to discuss legacy tech stacks at asset management firms. 0:0...

Episode 327: Standard Chartered’s Mo Rahim

14 Aug 2025

Contributed by Lukas

This week’s guest is Mo Rahim, group chief data officer at Standard Chartered, who joins the podcast to discuss data and AI governance and guardrail...

Episode 326: Connectifi’s Nick Kolba

07 Aug 2025

Contributed by Lukas

This week’s guest is Nick Kolba, CEO and co-founder of Connectifi, who joins the podcast to discuss the Model Context Protocol, LLMs and agentic AI....

Episode 325: Octaura’s Brian Bejile

15 Jul 2025

Contributed by Lukas

This week’s guest is Brian Bejile, cofounder & CEO, Octaura 0:00-7:20: Anthony Malakian and Rebecca Natale, Europe Editor for WatersTechnology, com...

Episode 324: A philosophical conversation about AI

04 Jul 2025

Contributed by Lukas

This week, Reb and Nyela discuss BNY’s digital workers and what the use of AI in society signals for the future.

Episode 323: MarketAxess’s Chowdhury and Burke (plus some Cusip updates)

27 Jun 2025

Contributed by Lukas

This week, Riad Chowdhury, head of Asia-Pacific, and Dan Burke, global head of emerging markets at MarketAxess, join to discuss block trading in fixed...

Episode 322: Navigating air travel and cybersecurity

19 Jun 2025

Contributed by Lukas

This week, Reb, Nyela, and Shen discuss concerns around air travel and notable cybersecurity incidents. https://www.waterstechnology.com/emerging-tec...

Episode 321: AccessFintech’s Par Cassells

13 Jun 2025

Contributed by Lukas

This week, Par Cassells joins Nyela to discuss shorter settlement cycles and the role of vendors in the transition. 0:00 – Tony and Nyela talk high...

Episode 320: Tradeweb’s Chris Bruner

06 Jun 2025

Contributed by Lukas

This week, Tradeweb’s Chris Bruner joins the podcast to discuss digital assets and fixed income. 0:00 – Reb is back in NYC! 6:30 – Chris Bruner...

Episode 319: Bloomberg IB chat and operational resiliency

30 May 2025

Contributed by Lukas

Tony and Shen discuss Bloomberg’s addition to IB chat, common threads in our Voice of the CTO series, and op resiliency. Our Bloomberg story: http...

Episode 318: Hamilton Lane's Griff Norville

22 May 2025

Contributed by Lukas

This week, Hamilton Lane's Griff Norville joins to discuss how the asset manager is tackling private markets data. 0:00 – Eliot joins Tony on the p...

Episode 317: Bitdefender and Transilvania Quantum

15 May 2025

Contributed by Lukas

This week, Bitdefender’s Adrian Coleșa and Transilvania Quantum’s Sorin Boloș join to discuss security vulnerabilities in quantum computing 0:0...

Episode 316: Finbourne Technology’s Toby Glaysher

09 May 2025

Contributed by Lukas

This week, Toby Glaysher, chairman at Finbourne Technology, joins the podcast to discuss the asset servicing industry. 0:00 – Reb and Shen rant abo...

Episode 315: Company names and the loans market

01 May 2025

Contributed by Lukas

This week, Reb, Nyela, and Shen talk about unimaginative company names and then address some challenges in the loans market. 0:00 – Reb goes on a ...

Episode 314: Capco’s Bertie Haskins

25 Apr 2025

Contributed by Lukas

Bertie Haskins, executive director and head of data for Apac and Middle East at Capco, joins to discuss the challenges of commercializing data. 0:00 ...

Episode 313: FIS Global’s Jon Hodges

17 Apr 2025

Contributed by Lukas

This week, Jon Hodges, head of trading and asset services for Apac at FIS Global, joins the podcast to talk about how firms in Asia-Pacific approach A...

Episode 312: Jibber-jabber

11 Apr 2025

Contributed by Lukas

Tony, Reb, and Nyela talk about tariffs (not really), journalism (sorta), and pop culture (mostly).

Episode 311: Blue Ocean’s Brian Hyndman

03 Apr 2025

Contributed by Lukas

Brian Hyndman, CEO and president at Blue Ocean Technologies, joins to discuss overnight trading 0:00 – Nyela and Reb talk about Reb’s start at W...

Episode 310: SigTech’s Bin Ren

27 Mar 2025

Contributed by Lukas

This week, SigTech’s CEO Bin Ren joins Eliot to discuss GenAI’s progress since ChatGPT’s emergence in 2022, agentic AI, and challenges with regu...

Episode 309: FIA Boca

19 Mar 2025

Contributed by Lukas

This week, Tony and Nyela discuss Nyela's week spent in Boca Raton, Florida covering the FIA Boca conference as well as the current developments aroun...

Episode 308: Arta Finance’s Caesar Sengupta

13 Mar 2025

Contributed by Lukas

Caesar, who previously spent 15 years at Google, joins to discuss Arta’s goal of putting a private banker in everyone’s pockets. 0:00 – Reb an...

Episode 307: The shrinking OMS landscape

07 Mar 2025

Contributed by Lukas

This week, Tony and Nyela discuss FactSet’s recent acquisition of LiquidityBook and what it could signal for trading technology. https://www.wate...

Episode 306: Reykjavik and market data

27 Feb 2025

Contributed by Lukas

Reb is back on the podcast to talk about her trip to Reykjavik, as well as two market data reports released this month. 0:00 – Reb talks about her ...

Episode 305: Cato Institute's Jennifer Schulp

12 Feb 2025

Contributed by Lukas

Jennifer joins Eliot on the podcast this week to discuss the changing agenda at the SEC under Paul Atkins, crypto regulation, and the status of the Co...

Episode 304: Nice Actimize’s Lee Garf

06 Feb 2025

Contributed by Lukas

Lee joins to discuss changes in communication platforms over the last few years. 0:00 – Tony and Shen discuss their favorite desserts 4:30 – Lee...

Episode 303: AggKnowledge’s Dan Entrup

29 Jan 2025

Contributed by Lukas

This week, Dan Entrup, co-founder of AggKnowledge and the creator of the It’s Pronounced Data newsletter joins Tony on the podcast. They discuss pri...

Episode 302: Connectifi’s Nick Kolba

23 Jan 2025

Contributed by Lukas

This week, Nick Kolba, CEO and co-founder of Connectifi, joins Tony on the podcast. They discuss interoperability, the FDC3 standard, and the challeng...

Episode 301: SIX’s Javier Hernani

16 Jan 2025

Contributed by Lukas

This week, Javier Hernani, head of securities services at SIX, joins Wei-Shen on the podcast. They discuss the key takeaways from shortening the settl...

Episode 300: A reflection on our humble beginnings

09 Jan 2025

Contributed by Lukas

Happy New Year, dear listeners. This week, Tony and Shen reflect on how this podcast started, the guests we’ve brought on, the changes in music (and...

Episode 299: ACA Group’s Carlo di Florio

12 Dec 2024

Contributed by Lukas

Eliot talks to Carlo di Florio, president of financial services advisory company ACA Group, about the SEC’s key decisions this year, as well as the ...

Episode 298: GenAI in market data, and everything reference data

05 Dec 2024

Contributed by Lukas

Reb and Shen discuss Reb’s article about how generative AI will impact the market data industry and how that will also creep into the reference data...

Episode 297: How to talk to the media

28 Nov 2024

Contributed by Lukas

Tony and Wei-Shen talk about five essential things you need to know when interacting with us as a source. 1. On the record/on background/off the rec...

Waters Wavelength Ep. 296: Questions about data quality

21 Nov 2024

Contributed by Lukas

This week, Tony and Shen discuss the first article from the Voice of the CDO series, as well as their thoughts on the Jake Paul v. Mike Tyson fight. h...

Episode 295: Vision57’s Steve Grob

14 Nov 2024

Contributed by Lukas

This week, Steve Grob, founder of Vision57, joins Tony on the podcast. Together, they chat about interoperability and the future of the OMS. 5:00 –...

Episode 294: Grasshopper’s James Leong

07 Nov 2024

Contributed by Lukas

This week, James Leong, CEO of Grasshopper, joins Wei-Shen on the podcast. They discuss the market reforms the Singapore Exchange and the Monetary Aut...

Episode 293: Reference Data Drama

24 Oct 2024

Contributed by Lukas

This week, Tony and Reb discuss the industry's reaction to the FDTA proposed rules around identifiers, what that could mean for the ongoing Cusip laws...

Episode 292: Fencore’s James Crosby

18 Oct 2024

Contributed by Lukas

This week, Shen speaks with James Crosby, co-founder and CEO of data management provider Fencore. They discuss the evolutionary nature of the buy side...

Episode 291: Do you know enough to be dangerous?

10 Oct 2024

Contributed by Lukas

Tony and Wei-Shen get a little philosophical in this episode. Tony tries to articulate an idea, and then it becomes about what it takes to be a good j...

Episode 290: Nasdaq’s Valerie Bannert-Thurner

03 Oct 2024

Contributed by Lukas

This week, Nyela brings on Valerie Bannert-Thurner, EVP and chief revenue officer for the financial technology division at Nasdaq. They talk about Nas...

Episode 289: WFIC at Y’all Street

27 Sep 2024

Contributed by Lukas

After a brief introduction from Wei-Shen and Tony, Nyela Graham joins the podcast to discuss her week spent in Austin, Texas, covering the World Finan...

Episode 288: Media’s changing landscape

20 Sep 2024

Contributed by Lukas

Hello, dear listener. It’s your favorite host, Wei-Shen, writing this. Let’s be honest. My co-host, Tony, and I have not given this podcast the...

Episode 287: Standard Chartered’s Brian O’Neill

23 Aug 2024

Contributed by Lukas

This week, Brian O’Neill, COO for transformation, technology & operations, and global head for group transformation at Standard Chartered, joins Wei...

Episode 286: Deutsche Bank’s Boon-Hiong Chan

12 Jul 2024

Contributed by Lukas

This week, Boon-Hiong Chan, Asia-Pacific head of securities and technology advocacy and industry applied innovation lead at Deutsche Bank, joins the p...

Episode 285: Talos’s Samar Sen

24 May 2024

Contributed by Lukas

This week, Samar Sen, head of Apac at Talos, joins Wei-Shen on the podcast. They discuss how institutional tools for the digital asset space have grow...

Episode 284: Bloomberg’s Tony McManus

16 May 2024

Contributed by Lukas

Tony McManus, global head of Bloomberg’s enterprise data division, joins the podcast this week. They discuss Bloomberg’s approach to AI and GenAI ...

Episode 283: S&P’s CTO on AI, data, and the future of datacenters

10 May 2024

Contributed by Lukas

Nyela Graham brings Frank Tarsillo, CTO at S&P Global Market Intelligence, on the podcast this week. They discuss S&P’s approach to AI, the need for...

Episode 282: Broadridge’s Joseph Lo on GPTs

19 Apr 2024

Contributed by Lukas

This week, Joseph Lo, head of enterprise platforms at Broadridge, joins Wei-Shen on the podcast. They talk about Broadridge’s thinking behind BondGP...

Episode 281: Countdown to T+1

29 Mar 2024

Contributed by Lukas

Joining Wei-Shen on the podcast this week is Val Wotton, managing director and general manager for Institutional Trade Processing at the DTCC. They ta...

Episode 280: An exploration of the DeFi world

08 Mar 2024

Contributed by Lukas

This week, Daniel Liebau, founding chairman of Lightbulb Capital, a research and advisory firm related to blockchain, joins Wei-Shen on the podcast. T...

Episode 279: Looking into the EU regulatory landscape

01 Mar 2024

Contributed by Lukas

Ben Parker, CEO at regtech firm Eflow, joins Theo on the podcast. They talk about the regulatory landscape in Europe, including the Markets in Crypto ...

Episode 278: Tim Baker on Cusip lawsuit, data copyrights, and innovation in market data

09 Feb 2024

Contributed by Lukas

This week, Expero’s managing director and financial services practice lead, Tim Baker, joins Reb on the podcast to discuss the ongoing Cusip case, t...

Episode 277: BMO on market structure

12 Dec 2023

Contributed by Lukas

Tony speaks with Joe Wald, managing director and head of electronic trading at BMO Capital Markets. But before that, Tony and Shen discuss their story...

Episode 276: Dos and don’ts for PR People, Part Four

24 Nov 2023

Contributed by Lukas

It’s Thanksgiving in the US, so we decided it’s time to revisit some of the dos and don’ts for PR people. Then, they discuss how Reb is settling...

Episode 275: Bill Murphy on getting the foundations right

10 Nov 2023

Contributed by Lukas

This week, Bill Murphy, managing partner at Cresting Wave, joins Tony on the podcast to talk about the importance of putting the right foundations in ...

Episode 274: The issue with corporate actions

20 Oct 2023

Contributed by Lukas

This week, Yogita Mehta, commercial product director for corporate actions at SIX Financial, joins the podcast to discuss the existing challenges firm...

Episode 273: Navigating the buy vs. build debate

13 Oct 2023

Contributed by Lukas

This week, Adaptive Financial Consulting’s co-founder and CEO, Matt Barrett, joins Theo on the podcast to discuss the buy versus build debate. Then,...

Episode 272: How do firms create data products?

15 Sep 2023

Contributed by Lukas

This week, David Sharratt, global head of data product commercialization at Standard Chartered, joins Wei-Shen to talk about monetizing data. They dis...

Episode 271: David Hardoon dissects language models

04 Sep 2023

Contributed by Lukas

This week, David Hardoon, group chief data and AI officer at Union Bank of the Philippines, joins Wei-Shen on the podcast to discuss language models a...

Episode 270: IBM on generative AI

21 Aug 2023

Contributed by Lukas

John Duigenan is the general manager for the Financial Services Industry for IBM. He joins Tony on the podcast to discuss the fields of generative AI ...

Episode 269: Generative AI: The philosophical considerations

11 Aug 2023

Contributed by Lukas

This week, Steve Rubinow, former chief innovation and technology officer at the New York Stock Exchange and lecturer at the Jarvis College of Computin...

Episode 268: Symphony’s Brad Levy

21 Jul 2023

Contributed by Lukas

This week, Brad Levy, CEO of Symphony, joins Tony on the podcast. They discuss Levy’s vision for Symphony going forward and how his managing style h...

Episode 267: Numerix’s new CEO

07 Jul 2023

Contributed by Lukas

This week, Emanuele “Manny” Conti, Numerix’s new CEO, joins Tony on the podcast. They talk about his vision for Numerix’s future, the company’...

Episode 266: Virtual reality and the Metaverse

16 Jun 2023

Contributed by Lukas

This week, Steve Moreton, global head of product management at CJC joins Tony on the podcast to explain why firms should start experimenting with virt...

Episode 265: Conferences in a post-Covid world

01 Jun 2023

Contributed by Lukas

This week, Reb joins Tony and Shen on the podcast. They talk about returning to in-person conferences after what feels like many years of having these...

Episode 264: The London invasion

05 May 2023

Contributed by Lukas

This week, Shen records the podcast at The Grapes, Limehouse, one of the oldest pubs in London. (Fun fact: Ian McKellen owns it.) She’s joined by Re...

Episode 263: Broadridge’s Tyler Derr

17 Apr 2023

Contributed by Lukas

This week, Tyler Derr, chief technology officer at Broadridge, joins Tony and Shen on the podcast. They discuss how Broadridge has grown through acqui...

Episode 262: Previewing the North American Financial Information Summit

29 Mar 2023

Contributed by Lukas

This week, Tony and Shen discuss the upcoming North American Financial Information Summit (Nafis) on May 16, 2023. They walk through the themes that w...

Episode 261: The case for DLT in post-trade

10 Feb 2023

Contributed by Lukas

This week, Jerome Kemp, president at Baton Systems, a company looking to transform post-trade processing using distributed ledger technology (DLT), jo...

Episode 260: Digital asset custody infrastructure

03 Feb 2023

Contributed by Lukas

This week, Stephen Richardson, head of Apac and senior vice president of financial markets at Fireblocks, a digital asset security platform, joins Wei...

Episode 259: SteelEye’s Matt Smith on eComms surveillance

20 Jan 2023

Contributed by Lukas

This week, Matt Smith, CEO of compliance technology and data analytics firm SteelEye, joins Wei-Shen on the podcast to discuss the evolution of compli...

Episode 258: Treating the buy side’s fever

16 Dec 2022

Contributed by Lukas

Andrea Gentilini, head of SEI Novus, joins Wei-Shen on the podcast. Together, they talk about using the term ‘target operating model’, and how the...

Episode 257: DLT loses favor

23 Nov 2022

Contributed by Lukas

It’s just Shen and Tony on this week’s podcast. To start, they chat about the upcoming Thanksgiving holiday in the US and Rebecca Natale’s undyi...

Episode 256: Fixed income execution & innovation

18 Nov 2022

Contributed by Lukas

Joining Tony on the podcast this week is Spencer Lee, chief markets officer at TS Imagine, a trading, portfolio, and risk analytics solutions provider...

Episode 255: WFIC and everything cloud

04 Nov 2022

Contributed by Lukas

This week, Wei-Shen speaks with Josephine about her experience attending the World Financial Information Conference (WFic) in Prague in mid-October. S...

Episode 254: Heads in the cloud

22 Jul 2022

Contributed by Lukas

This week, with no guest in tow, Tony and Shen go off the rails discussing how firms are migrating more workflows and processes to the cloud. They the...

Episode 253: A tech unicorn's take on cloud and infra in the capital markets

04 Jul 2022

Contributed by Lukas

This week, Andy Volz, chief operating officer at Clear Street, joins Tony on the podcast. They discuss the challenges existing technology infrastructu...

Episode 252: Vendor lock-in and interoperability

30 May 2022

Contributed by Lukas

James Crosby, founder and CEO of data management firm Fencore based out of Singapore, joins Wei-Shen on the podcast this week. They talk about the ris...

Episode 251: Nasdaq’s Dague on exchange cloud strategy

15 Apr 2022

Contributed by Lukas

Bill Dauge, head of alternative data at Nasdaq, joins Tony on the podcast this week. They talk about Nasdaq’s partnership with AWS and what it entai...

Episode 250: Tradeweb’s Bruni on electronification of repo markets

07 Mar 2022

Contributed by Lukas

Joining Wei-Shen on the podcast is Enrico Bruni, managing director and head of Europe and Asia at Tradeweb. They discuss electronification in the repo...

Episode 249: MayStreet’s Kimmel on the NMS plan

18 Jan 2022

Contributed by Lukas

This week, Manisha Kimmel, chief policy officer at MayStreet, joins Jo Wright on the podcast. They get into the weeds on the NMS plan, the fee amendme...

Episode 248: A Merry Covid Christmas

23 Dec 2021

Contributed by Lukas

WARNING: Explicit content. This episode contains swear words, please listen with caution. You have been warned. Tony and Shen go on a long rant about...