Financial Services

FIA Expo 2018 – Day One

2018-10-18T11:52:51+00:00October 18, 2018|Categories: Digital Transformation, Fusion Blog|Tags: |

A few themes always emerge at FIA Expo and this year Europe managed to steal the spotlight as the main topics of discussion on the first day were regulatory deference and the recent default on the Nasdaq Nordic exchange. Not surprisingly, cryptocurrencies and blockchain garnered quite a few mentions (and there will be many [...]

2017 FIA Expo – Day Two

2018-09-13T16:38:04+00:00October 23, 2017|Categories: Fusion Blog|Tags: , , |

The second day of FIA Expo followed expected form with the exchange leaders, top regulators, and other luminaries replaced by the regular folks that make the industry tick. The addition of the Innovation of the Year award has brought some drama to day two and this year also witnessed a rare SRO audience [...]

2017 FIA Expo – Day One

2018-09-13T16:38:15+00:00October 19, 2017|Categories: Fusion Blog|Tags: , , |

FIA Expo kicked off on Wednesday and while attendance was down, any decrease in numbers was more than offset by upbeat news, particularly from both regulators and technology providers. Regulators? Yes, regulators. When I was growing up, I couldn’t believe that grown-ups liked to do things like watch the evening news and read obituaries [...]

CME Tech Talk 6.0

2018-09-13T16:38:24+00:00September 20, 2017|Categories: Fusion Blog|Tags: , , , |

Show Me The Data! Highlights from the CME Group Tech Talk 6.0 The CME Group brought their annual Tech Talk back to Chicago this year after stops in New York and London and the topic of the day was data. With presentations from the Chicago Cubs, Orbital Insights, Tellus Labs, and Google, the [...]

Can Blockchain Transform the Healthcare Industry?

2017-09-01T10:35:29+00:00August 8, 2017|Categories: Digital Transformation, White Papers|Tags: , , , |

Blockchain is driving change in financial markets, but it will also serve as the catalyst for transformation across many other industries. Front and center: healthcare. Maven Wave Principals Andrew Dunmore and Nick Polachek describe the five foundational characteristics of blockchain and explore how these factors apply to the future of blockchain in healthcare. [...]

July 2017: The Trading Show and FOW Trading Show Chicago

2018-09-13T16:38:35+00:00July 10, 2017|Categories: Fusion Blog|Tags: , , , , , |

Source: The Wallpaper Cave As spring turns to summer, there is a flurry of activity as industry trade shows take advantage of the nice weather before calendars become cluttered with vacation time and business winds down to the languid pace of the warm weather months. In Chicago, Terrapinn’s “The Trading Show” and [...]

May 2017: Fintech Week in Chicago

2018-09-13T16:38:44+00:00May 10, 2017|Categories: Fusion Blog|Tags: , , |

Fintech has been front page news in Chicago recently as a report from the Global Fintech Hubs Federation (published by Deloitte) ranked the city #5 in the world as a fintech hub. The timing couldn’t have been any better as Fintech Week took place during the last week of April with four consecutive days of [...]

Ready for Take-Off: Blockchain Adoption in Financial Services

2018-08-27T09:07:23+00:00May 1, 2017|Categories: Digital Transformation, Fusion Blog|Tags: , , , , |

No technology has captured the public's imagination over the past couple of years more than blockchain. While the roots of the technology can be traced back to the ‘90s, the actual implementation of the concepts of a distributed ledger began to take flight with the introduction of bitcoin in 2009. While bitcoin attained something of [...]

FIA Boca – Day 3 and Wrap Up

2018-09-13T16:38:54+00:00March 19, 2017|Categories: Fusion Blog|Tags: , , |

The final day of FIA Boca 2017 contains the greatest amount of content but it’s also in some ways the least interesting day of the conference. The third day of FIA Boca shifts from sexy topics like blockchain and fintech and delves into the BBI and VBBI areas: boring, but important and very boring, [...]

FIA Boca – Day Two

2018-09-13T16:39:02+00:00March 16, 2017|Categories: Fusion Blog|Tags: , |

A Power Duo to Start the Day Following the ICE Power Breakfast (more on that later), the day’s sessions started off with a bang as Acting CFTC Chairman Chris Giancarlo and Digital Asset Holdings CEO Blythe Masters took the stage in succession. The result was a “Standing O” for Giancarlo and a sense of [...]

Boca Bits – Day One at FIA Boca

2018-09-13T16:39:13+00:00March 15, 2017|Categories: Fusion Blog|Tags: , |

It’s highly likely that FIA Boca was at least in part initially designed as a way for futures industry bigwigs to escape the chill of winter with a few days of sun in Florida in March, a purpose that still resonates today. However, that purpose takes on cruel irony when weather intervenes and prevents [...]

Tabb Fixed Income Event

2018-09-13T16:39:22+00:00February 13, 2017|Categories: Fusion Blog|Tags: , , |

The Tabb Group holds a fixed income summit each January that serves as a key gathering point for the industry; an industry that has been dealing with many of the same challenges that face other financial markets: increasing regulation, change spurred on by new technology, and the ensuing market structure shifts that have altered the [...]

Beyond the Cloud – DevOps in Financial Services

2018-08-27T09:38:56+00:00January 27, 2017|Categories: Cloud & Machine Learning, Fusion Blog|Tags: , , , , |

One of the hottest topics in the financial services industry these days is the swelling adoption of the cloud1. After a late start, financial services is making up for lost time by aggressively moving processes and products to the cloud and to good effect. But does cloud by itself have the ability to deliver transformative [...]

STAC Midwinter Meeting

2018-09-13T16:39:32+00:00January 16, 2017|Categories: Fusion Blog|Tags: , |

STAC motto “Dictum Meum Pactum”: My Word Is My Bond For reasons that will forever escape me, the Securities Traders Association of Chicago (STAC) chooses to hold its big, annual meeting in Chicago during the first part of January. Maybe it’s to get a good start to the New Year or maybe [...]

The CME Global Financial Leadership Conference 2016 (GFLC)

2018-09-13T16:39:41+00:00November 22, 2016|Categories: Fusion Blog|Tags: , |

The CME Global Financial Leadership Conference 2016 (GFLC) is a conference unlike any other. Each November, the CME and its invited guests assemble in Florida for a two-day meeting to listen and interact with the brightest luminaries in the world of politics, economics, and other fields. Coming just one week after the U.S. Presidential election, [...]

Sunny Skies for Financial Services in the Cloud

2018-03-21T07:56:28+00:00October 27, 2016|Categories: Cloud & Machine Learning, Fusion Blog|Tags: , , , , |

The financial services industry has been slow to adopt cloud technologies but numerous indicators point to a change in acceptance, including demographic trends and a counterintuitive boost from new regulation. What led to the initial cloud reluctance and what direction is cloud for financial services headed in the future? Financial services is one of the [...]

2016 FIA Expo – Day Two

2018-09-13T16:39:53+00:00October 24, 2016|Categories: Fusion Blog|Tags: , , |

There’s just no escaping the energy let down that comes with the second day of FIA Expo as the biggest stars appear on day one and the panels become either more specific or less on-point and, therefore, somewhat less interesting. Still, there was plenty of content to chew on with the FIA Innovation Award announcement [...]

2016 FIA Expo – Day One

2018-09-13T16:40:08+00:00October 20, 2016|Categories: Fusion Blog|Tags: , , |

The FIA moved Expo from it’s usual early November date to this week and the change paid off for them in spades. The weather is extremely pleasant in Chicago right now and the climate was matched to a great degree by mood and tenor of the Expo panels. In addition to the traditional address from [...]

RSM: The Power of Being Understood

2018-09-13T16:40:18+00:00September 20, 2016|Categories: Fusion Blog|Tags: , , |

We’ve turned the corner past Labor Day and we’re just about to switch from summer to autumn, so that means it’s time to go full on into the fall conference season. Between now and Thanksgiving, the calendar is crammed with industry events and this week RSMUS, the global accounting and services firm, got into the [...]

Getting to the New Normal – Financial Services in the Millennial Age

2017-09-01T10:48:50+00:00July 21, 2016|Categories: Digital Transformation, Fusion Blog|Tags: , , , , |

Love them or hate them, Millennials are poised to dramatically change the world of financial services - and in many cases the change has already begun. What makes this group, the largest generation in the history of the U.S. and the world, unique and how are some companies adapting to meet their needs? Much has [...]

FIA Transformative Trends in Technology

2018-09-13T16:40:28+00:00June 20, 2016|Categories: Cloud Posts|Tags: , , , , , |

The FIA Technology Committee held their annual election and panel discussion in Chicago last week and for the second year in a row, the panel consisted of speakers from distinctly different disciplines that have recently been in the spotlight for financial technology (or “fintech”). Following introductory remarks from Rumi Morales of CME Ventures, the panel took turns [...]

What’s Trading Got To Do With It? Notes from Trading Show Chicago 2016

2018-09-13T16:40:47+00:00May 24, 2016|Categories: Cloud Posts, Fusion Blog|Tags: |

During an afternoon networking break at last week’s Trading Show Chicago event, I bumped into the COO of a clearing firm that I know. Beyond exchanging pleasantries, he stated that “I don’t know what I’m doing here”. With topics ranging from open source collaboration to the dollar value of a microsecond, the trading world that [...]

Transformation in Financial Services: Tech to the Rescue for Challenged Industry

2017-09-01T10:50:58+00:00May 2, 2016|Categories: Cloud Posts, Digital Transformation, White Papers|Tags: , , , , , |

The financial services industry has never fully recovered from the 2008 meltdown and heightened regulation, intense competition, and unsettled market conditions make financial services an industry that is facing unrelenting headwinds. How to cope in such an environment? Transformation driven by technology. The old saying that “necessity is the mother of invention” is certainly true [...]

Blockchain on the Brink: Report from the DTCC Blockchain Conference

2018-09-13T16:42:37+00:00April 12, 2016|Categories: Fusion Blog|Tags: , |

If 2015 was all about start up “unicorns” and a general raft of enthusiasm for fintech, then 2016 is shaping up to be the year of blockchain. Virtually a week doesn’t go by that a major blockchain event is held in London, New York, or the Silicon Valley and investments, partnerships and new products seemingly [...]

FIA Boca 2016 – Day 3

2018-09-13T16:42:54+00:00March 18, 2016|Categories: Fusion Blog|Tags: |

The sun rises on Day 3 of FIA Boca. I’ve written before about the curse of the third day of a conference and the last day at FIA Boca 2016 didn’t break the mold: attendance was down and the energy slowly waned as the day progressed, similar to the air slowly leaking out [...]

FIA Boca 2016 – Day 2

2018-09-13T16:43:04+00:00March 17, 2016|Categories: Fusion Blog|Tags: |

Day 2 at Boca is the big day of the conference, both in terms of the content and in attendance and this year the content was top notch from the keynote speakers to the panels. Two Political Stars Shine at Breakfast and Lunch The day started with the ICE Energy Breakfast that featured ICE CEO [...]

FIA Boca 2016 – Day 1

2018-09-13T16:43:18+00:00March 16, 2016|Categories: Fusion Blog|Tags: |

Greetings from sunny, southern Florida! It’s time once again for the annual FIA Boca conference. This is the 41st annual edition of the conference, which began when exchange elders needed a good excuse to escape New York and Chicago in March. It has since turned into one of the largest international derivatives conferences, this year [...]

Disruption on the Prairie: The State of Blockchain in 2016

2018-09-13T16:43:33+00:00February 29, 2016|Categories: Digital Transformation, Fusion Blog|Tags: |

There is no question that blockchain is big: over $1 billion has been invested in blockchain firms to date (CNN Money) and industry giants such as JP Morgan, NASDAQ, and Linux have gotten behind the innovative technology in big ways. But, just as little is known about Satoshi Nakamoto, the mysterious creator of blockchain, the [...]

Consumerization of IT and the Marriage of UX and Agile

2017-09-01T10:52:46+00:00January 26, 2016|Categories: Experience Design, Fusion Blog|Tags: , , , , , |

According to a recent Tech Pro Research study, 74% of organizations have or are developing some form of BYOD policy (ZDNet, Jan 2015). Users both inside and outside the four walls of the enterprise want simple and easy to use apps to do their jobs. Data visualization is increasingly playing a role in the management [...]

A Conference Unlike Any Other: Notes from the CME Group “Global Financial Leadership Conference”

2018-09-13T16:43:54+00:00November 20, 2015|Categories: Fusion Blog|Tags: , |

Over the past eight years, the CME Group has set a new standard for the financial industry through the Global Financial Leadership Conference (GFLC), a two-day meeting that brings together an invitation-only group of industry leaders to consider the most important and emerging topics of the day. While other gatherings focus on a particular sector [...]

FIA Expo 2015 – Day 2

2018-09-13T16:44:08+00:00November 6, 2015|Categories: Fusion Blog|Tags: , |

It’s a simple fact of life that the second day of an industry conference usually lacks the sizzle of the first day and FIA Expo 2015 was no exception. That is unless you consider the sizzle of the annual Great Chicago Steak Out that caps off the event each year. Innovation in the Air In [...]

FIA Expo 2015 – Day One

2018-09-13T16:44:18+00:00November 5, 2015|Categories: Fusion Blog|Tags: , |

The annual FIA Expo kicked off at Chicago’s Hilton with a larger than average crowd in attendance and a surprisingly upbeat tone. Despite continued headwinds from global regulation, reduced market liquidity and inhospitable business conditions for clearing firms and others, the impression from the panelists and speakers is that the industry is adapting to this [...]

Making the Case for UX and Agile in Financial Services

2016-12-06T15:47:50+00:00October 21, 2015|Categories: White Papers|Tags: , , , |

In the April edition of the Maven Wave newsletter (Utilizing Agile and UX for Success in Fin Tech), we detailed Maven Wave’s experience in deploying our expertise in UX and Agile for financial services clients. As the year has progressed, we have seen increased adoption of these precepts and we have learned a great deal about why. [...]

A Look at Fintech from NYC

2018-09-13T16:44:30+00:00October 5, 2015|Categories: Fusion Blog|Tags: , , |

CME Tech Talk 4.0: Enabling Innovation  It’s no secret that the CME Group has, for all intents and purposes, transformed itself from a geographically based futures exchange to a global technology company and they continue to strive to be a leader in the discussion around the transformational power of technology. To that end, they hosted [...]

FIA Meet the Disruptors – Financial Services Trends

2016-12-06T15:47:51+00:00July 20, 2015|Categories: White Papers|Tags: , , , |

Financial services has seen a great deal of disruption over the past 20 years with the shift from floor-based to electronic trading, serving as an obvious example. Of late, other industries, such as media or retail, have been more profoundly impacted by technology and the perception prevails that financial markets are ripe for a new [...]

Market Commentary: Economic Outlook

2016-12-06T15:47:52+00:00July 20, 2015|Categories: White Papers|Tags: , |

After achieving a record high in May, the S&P 500 has retreated, but remains up approximately 3% for the year. The retreat was largely fueled by macroeconomic events, including Greece’s continuing debt crisis and the dramatic slowing of China’s economy. Domestic weakness has also cast doubt on the U.S. economy’s short-term prospects. This includes a [...]

Terrapinn’s Trading Show Chicago 2015

2018-09-13T16:44:37+00:00June 6, 2015|Categories: Fusion Blog|Tags: , , , |

Terrapinn's Trading Show Chicago, along with FIA Expo, has evolved into the tent-pole event for discussion and exhibition on important industry trends and developments for the Chicago community. This year’s edition was held at Navy Pier on June 3 and 4. We have recapped the key takeaways from the event and created a synopsis of [...]

Market Commentary: A Slow Start to 2015

2016-12-06T15:47:52+00:00April 20, 2015|Categories: White Papers|Tags: , |

With Q1 (first quarter) in the books, the S&P 500 is off to a slow start, up approximately 1% for the year. Underperforming previous expectations, a weaker economic environment materialized during the quarter. Like last year, some reasons for this were transitory, such as the brutal cold weather and labor strikes at the west coast [...]

Utilizing Agile and UX for Success in Fin Tech

2018-03-21T07:43:29+00:00April 20, 2015|Categories: White Papers|Tags: , , , , , |

With Fin Tech garnering so much attention these days (see our article “Behind the Buzz in Fin Tech"), what are some of the key factors that will determine the winners and the losers in this emerging field? To address that question, Maven Wave and FinTEx Chicago hosted a presentation and panel discussion a few weeks ago. Entitled [...]

Producing Big Data Diamonds

2016-12-06T15:47:53+00:00April 17, 2015|Categories: Fusion Blog|Tags: , , , , , , , |

The world is a competitive place. There is continual pressure for businesses to gain an advantage by reducing costs, increasing revenue, or reducing risk. For some, this continual pressure is overwhelming. But one of the most valuable things on earth is produced from continual pressure… diamonds. Most companies have the equivalent of coal accumulating in [...]

Boca Bits – FIA Boca 2015 Day 2

2018-09-13T16:44:50+00:00March 12, 2015|Categories: Fusion Blog|Tags: , , |

CFTC Chairman Timothy Massad in an image that evokes memories of George Orwell and "1984". FIA Boca is always a three day affair but it’s the second day that has the meatiest content. Tuesday is arrival day, Thursday sees lower attendance due to early departures and the boat cruise/big dinner/Luna Bar burnout, and [...]

STAC and Tabb Group Fixed Income

2018-09-13T16:45:05+00:00February 4, 2015|Categories: Fusion Blog|Tags: , |

January is a peculiar time in the northern climes of Chicago and New York as the energy and hope of the brand new year runs smack dab into the grim reality of short days and brutal weather. In this vortex of conflicting energy, I ventured forth to get a look at the current state of [...]

Behind the Buzz on Fin Tech

2017-04-13T16:14:07+00:00January 20, 2015|Categories: Fusion Blog, Technology Solutions Posts|Tags: , , , |

As a culture, we place great value in the latest and greatest in products and industries. Now that the cloud is turning from trendy to hoary, the new hot topic is “Fin Tech”. But what is Fin Tech exactly and does it have the possibility to be as transformative as the cloud is proving to [...]

What’s in Store for 2015 and Beyond?

2018-09-13T16:45:14+00:00December 10, 2014|Categories: Fusion Blog|Tags: , |

One of the great traditions in Western culture is to take stock at the end of the year, looking back over events that have transpired and then trying to divine what the coming year will hold. This exercise is repeated across every facet of life, from fashion to sports to finance, and the best part [...]