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Rick Lane, CEO of Trading Technologies, joins the podcast to discuss the challenges of completely shifting from a monolith, hard-install platform to a software-as-a-solution (SaaS) delivery basis. He also talks about Chicago’s burgeoning institutional crypto scene. But before that, Anthony and James hit on stories coming out of Sibos, as well as the alternative data space.

In the News

1:45 A quick look at this year’s Sibos event, which was held in Sydney. You can find our Sibos coverage here: https://www.waterstechnology.com/topics/sibos

4:30 A quick look at the alternative data marketplace after WatersTechnology published a 6,000-word examination of the space. This article will be free to read until Oct. 30: https://www.waterstechnology.com/market-data-data-analytics/3938811/the-new-oil-rush-an-examination-of-the-alternative-data-market
 
Rick Lane

8:00 Rick Lane joins the podcast. 
9:30 First he explains the thinking behind the move from X_Trader to the TT platform, which is delivered via a software-as-a-service model.
16:00 Why did they go down the build path, as opposed to buying a solution (or solutions) and piecing them together. 
24:00 How will the recently-launched TT OMS help underpin future deployments?
27:00 With all the consolidation in the OEMS space, will TT become acquirers in the future?
28:30 What mistakes were made and what lessons were learned during this process?
32:45 Why did Trading Technologies get involved in the crypto space?
36:00 Why has Chicago become the epicenter for institutional crypto development?
37:00 He wraps things up by looking at the recently announced partnership with TradeStation.