Buy-Side Technology - 2007-11-01

Canadian buy side to expand use of trading technologies

Buy-side traders in Canada are expected to make significantly greater use of electronic trading, algorithmic and dark liquidity tools through next year (2008) as the country's equity markets move from dual to multiple structures.

Trusco upgrades to Advent APX for enhanced automation

Trusco Capital Management, an Atlanta-based registered investment advisor subsidiary of SunTrust Banks with $73 billion under management, has implemented Advent Software's Advent Portfolio Exchange (APX) platform for integrated portfolio and client…

Thomson to feed data to Paladyne clients

Paladyne Systems, the NY-based provider of hedge fund technology and services, has contracted Thomson Financial to provide real-time market data to its customers.

Arcing towards the buy side

Arcontech is another in a long line of technology firms that started life focusing on lucrative tier-one sell-side organisations, but due to the rise in prominence of the buy side, have since widened their scope to include hedge funds and long-only asset…

Buy-side alpha, leverage strategies in flux

According to a new Tabb Group survey, Alternative investments 2007: The quest for alpha , traditional buy-side firms and hedge fund managers are pursuing more active, globally oriented alpha-generation initiatives, while simultaneously shifting…

Spotlight on Andrew Baker

The October issue of Buy-Side Technology included the news that Andrew Baker, former COO at Schroder Investment Management, had joined the Alternative Investment Management Association (AIMA) as deputy chief-executive. He recently explained to…

Beauchamp

Stuart Farr, New York-based chief executive of Linedata Services' Beauchamp Hedge Fund Solutions, wasn't able to attend BST 's roundtable, although in a phone interview conducted shortly after the event he discussed a number of the same issues with …

Ready, steady, bid

BidRoute, an automated auction service for price discovery in portfolio trading that has been in development since late 2006, is set to go at the start of November.

Algo sees positive buy-side returns

Algorithmics, the Toronto-based provider of financial risk management technology, held its annual ARC (Algo Risk Conference) gathering in Cannes, southern France at the end of September.

Editor’s Letter: Concentrating on the little things

Most of you are no-doubt aware that the IRB 2007 Rugby World Cup has just finished. This is somewhat fortuitous as it affords me the opportunity to indulge my journalistic passion of sports commentary/analysis, the area of journalism on which I cut my…

Something to hide

If the red flag needed raising any higher, we'd need a longer pole. Evidence undermining the hedge fund industry's longstanding 'just trust us' argument against greater regulatory supervision continues to come to light, most recently in a US academic…

Taking the random route

Traditional ways of measuring investment skill range from the straightforward (looking at the portfolio’s performance relative to the rest of the market over the last one, five and 10 years) to the quant-driven, through to the full machinery of …

End of Days?

It is November and the end is not in sight. Even though the European Union has been talking about Mifid for some time now, the financial news media and industry experts have instead focused on projects such as Boat, Turquoise and Submarine, and the…

Swedish fund manager signs with Advent as business expands

Catella Asset Management, a Stockholm-based buy-side firm with about $5 billion in institutional and private client assets under management, has gone live with Advent Software's Advent Portfolio Exchange (APX) and Advent Moxy order management…

South African asset manager renews with SunGard

Cadiz African Harvest Asset Management (CAHAM), a Cape Town-based asset manager with ZAR50 billion ($7.3 billion) of assets under management, has renewed its contract with SunGard for the Asset Arena portfolio management, trading and compliance system.