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 and how they add that conversation layer to knowledge. They then unravel some of the terminologies around LLMs and the fundamentals of what firms are trying to achieve. 

This episode is David’s second time on the podcast. He first came on to talk about challenges with AI and what operationalizing data and AI means.  https://www.waterstechnology.com/data-management/7704916/wavelength-podcast-ep-218-david-hardoon-on-ais-unforeseen-challenges

2:30 – David joins the podcast and discusses how his role revolves around data.
5:30 – He gives his view of how we view language and communicate about language. 
10:30 – The necessity of specialization in the LLM space.
14:30 – What are the challenges in creating that ring-fence? 
18:00 – Let’s talk about the most important question: What are we trying to achieve?  
21:00 – Finding the balance between innovation and running the business. 
24:30 – David walks through some use cases that will be more prevalent in the capital markets.
27:30 – How are these specialized LLMs trying to provide more context? 
31:00 – A practical example of AI hallucination and the critical role that humans play in validation. 
35:30 – David’s thoughts on the operationalization of AI and quantum computing.

Episode 271: David Hardoon dissects language models


This week, Toby Glaysher, chairman at Finbourne Technology, joins the podcast to discuss the asset servicing industry.

0:00 – Reb and Shen rant about using ChatGPT for academic projects
12:00 – Toby Glaysher from Finbourne joins the podcast and gives an overview of his 36 years of experience in the asset servicing business
16:30 – Fund accounting is a good introduction to the investment lifecycle
19:00 – A potential zero fund accountant environment
23:00 – The impact tariffs have on asset servicing firms
27:30 – The potential solution
30:30 – There are too many participants
35:30 – 95% of the work is in executing
39:30 – Reducing the cost of investing


Episode 316: Finbourne Technology’s Toby Glaysher

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

0:00 – Tony is back!
3:30 – Adrian Coleșa, Senior Security Researcher at Bitdefender, and Sorin Boloș, quantum software engineer at Transilvania Quantum, join the podcast
8:00 – How the partnership between Bitdefender and Transilvania Quantum began 
12:00 – Research into QC as a potential target
14:00 – Why attack a QC 
19:30 – Who bears the onus
23:30 – Classical and QC vulnerabilities 
32:30 – What is a quantum antivirus

Episode 317: Bitdefender and Transilvania Quantum

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 podcast
3:10 – Griff Norville, head of technology solutions at Hamilton Lane, joins the podcast
4:40 – Private markets data extraction
6:10 – Data storage issues
8:40 – Tackling standardization
11:00 – The dual role of being an asset manager and a data provider
15:40 – Are attitudes changing around this data?
20:00 – The expanding tech landscape

Episode 318: Hamilton Lane's Griff Norville

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: https://www.waterstechnology.com/data-management/7952434/bloomberg%E2%80%99s-chatbots-streamline-external-data-sharing-otc-trading 
Our Voice of the CTO series: https://www.waterstechnology.com/topics/voice-of-the-cto



Episode 319: Bloomberg IB chat and operational resiliency

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, chief product officer at Tradeweb, joins Nyela on the podcast 
13:30 – Tradeweb’s history with blockchain
18:40 – Gauging client reception to digital assets
28:50 – Upcoming regulatory headwinds 

Episode 320: Tradeweb’s Chris Bruner


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 highlights from the Tech & Data in Financial Markets (TDFM) conference
7:00 – Par Cassells, chief client officer at AccessFintech, joins Nyela on the podcast
9:00 – Par’s takeaways from North America’s move to T+1
13:00 – The upcoming moves to T+1 in the EU and UK
17:00 – T+0 margin vs. T+0 settlement
20:30 – Difference between the transitions
24:00 – Vendors’ role in the T+1 transition


Episode 321: AccessFintech’s Par Cassells


This week, Reb, Nyela, and Shen discuss concerns around air travel and notable cybersecurity incidents.

https://www.waterstechnology.com/emerging-technologies/7952488/agentic-ai-takes-center-stage-bank-tech-projects-new-funding-rounds-and-more?cx_artPos=1&cx_testId=4&cx_testVariant=cx_1#cxrecs_s

0:00 – Reb, Nyela, and Shen talk about Reb’s flight back from New York
10:30 – They discuss two stories from our last Waters Cooler about the previous hacks on the SEC’s Edgar database and Ion


Episode 322: Navigating air travel and cybersecurity

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 income. Plus Reb discusses her recent article about Cusip and updates on the class action lawsuit moving through the courts.

00:00 Reb and Tony discuss recent reporting around Cusip and updates on the class action lawsuit
12:30 Riad Chowdhury, head of Asia-Pacific, and Dan Burke, global head of emerging markets at MarketAxess, join the podcast
14:40 Block trading in fixed income vs. equities
20:20 Drivers for larger-sized trades
23:00 MarketAxess’s Targeted RFQ
31:00 Challenges for dealers
33:00 Learnings from the equities world
39:00 Trends in bid/ask spreads for EM hard-currency debt
44:20 AI model for Targeted RFQ

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


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


Episode 324: A philosophical conversation about AI

This week’s guest is Brian Bejile, cofounder & CEO, Octaura

0:00-7:20: Anthony Malakian and Rebecca Natale, Europe Editor for WatersTechnology, complain for seven minutes about poor customer service and artificial intelligence.

7:20-35:23: Brian Bejile and Nyela Graham, senior reporter at WatersTechnology, have an actual informative discussion—as opposed to Tony and Reb’s diatribes—about the origins of Octaura, modernization of the credit markets, the platform provider’s move into the collateralized loan obligation (CLO) space, and the need for more data and analytics on the buy side. 

Episode 325: Octaura’s Brian Bejile

Wei-Shen Wong and Anthony Malakian discuss the hottest financial technology topics in the capital markets every week.

Episode 271: David Hardoon dissects language models

Waters Wavelength Podcast

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