Waters Wrap: The tough climb for startups Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line. Over lunch, the global head of tech at a tier-one global bank bemoaned the institution’s struggle to onboard innovative startups. The problem they describe is three-sided. First, the bank heavily relies on a small number of big vendors: Bloomberg, Broadridge, and S&P Global. Those essential, end-to-end systems take priority over niche, nice-to-have tools. Second, internal “pet projects” tend to get more backing in the budgeting process over specialist solutions. Internal tech teams feel the need Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe You are currently unable to print this content. Please contact [email protected] to find out more. You are currently unable to copy this content. Please contact [email protected] to find out more. Copyright Infopro Digital Limited. All rights reserved. You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions – https://www.infopro-insight.com/terms-conditions/insight-subscriptions/ If you would like to purchase additional rights please email [email protected] Copyright Infopro Digital Limited. All rights reserved. You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions – https://www.infopro-insight.com/terms-conditions/insight-subscriptions/ If you would like to purchase additional rights please email [email protected] Sorry, our subscription options are not loading right now Please try again later. Get in touch with our customer services team if this issue persists. New to Waterstechnology? View our subscription options If you already have an account, please sign in here.
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