Exegy’s David Taylor Talks Disruptive Technology with Nasdaq TradeTalks
Says ‘Confluence’ of Innovations is the Next Step for Capital Markets
As Exegy continues to put the latest disruptive technology in the hands of more capital markets participants, Co-President and Chief Technology Officer David Taylor is already looking ahead to the next frontier. In an interview with Nasdaq TradeTalks host and global markets reporter Jill Malandrino, Taylor said he sees the next area of innovation and democratization in financial technology as a “confluence” of technologies that Exegy has already brought to a wider range of market players.
“Purpose-built hardware systems, predictive signals, plus the elastic nature of cloud computing—(we see) those coming together for clients, where they can access those specialist systems on demand to deploy new strategies or to scale their existing business to meet market demands,” Taylor said.
He told Malandrino that Exegy was in a unique position to deliver this kind of disruptive solution. The company began by making available low-latency, high-capacity, purpose-built hardware to bring speed to a larger group of firms. Exegy was the first to build an FPGA-powered ticker plant in 2006 and has been evolving its use of FPGA technology ever since.
Exegy also was able to leverage its relationship with clients to build out artificial intelligence-driven solutions to meet their needs, resulting in the Signum suite of predictive and detection signals for market participants who lacked the research and development budgets to build those signals themselves.
These two elements paired with robust cloud-computing are what Taylor sees as the future of disruptive capital markets tech solutions—as well as the future of Exegy’s ever-evolving technological stack. To see more of Taylor’s interview with Nasdaq TradeTalks, including his insights into issues such as alpha decay, click here. For more information about how Exegy’s disruptive technology can assist your firm with its strategies, contact us.