Buy-Side Technology - 2008-06-01

A northern tale

The wealth management industry has become a happy hunting ground for front-office technology providers who can assist managers in growing their business. When one such vendor deployed its platform to Border Asset Management early last year, it found a…

Attitude adjustment

The expectation game's role in the hedge fund industry can prove make-or-break more often than not for many individual managers. Bearish investor expectations in particular don't bode especially well. By Stewart Eisenhart

The gloves come off at TradeTech... sort of

With the LSE, Chi-X, and Turquoise on the same panel, everyone at this year's TradeTech conference could be forgiven for thinking they were in for something of a Mexican stand-off. But as Joel Clark reports, the panel discussion turned out to be a damp…

One hub to rule them all

The rapid rise in the use of STP for OTC derivatives trade affirmations and confirmations has triggered the establishment of a number of players over recent years with platforms from DTCC and SwapsWire dominating the market. However, the fact that no…

SunGard rolls out Asset Arena Compliance

SunGard has added a compliance module to its Asset Arena suite of investment management products. Asset Arena Compliance is now available to the vendor's buy-side clients and can provide pre-trade, post-trade and end-of-day management of compliance rules.

Learning from the buy side

Udayan Goyal, a managing director at Deutsche Bank and part of Deutsche's Global Financial Technology Advisory Practice, believes the sell side has a lot to learn from the buy side when it comes to identifying, developing, and deploying technologies to…

Spotlight on Richard Balarkas

Richard Balarkas, the man who played a key role taking CSFB electronic, is heading up Instinet's European operations. He talks with Stewart Eisenhart about the agency broker's goals and challenges in a post-Mifid landscape, as well as how a distinctly…

Euro wealth management tech market nears $2 billion

Spending by the European wealth management industry will reach $1.7 billion by the close of 2008, growing at a somewhat more modest pace than in recent years as global economic indicators remain volatile. Despite current challenges in financial markets…

An army of one

The economic downturn in the US has had some surprising consequences. The Associated Press reports that the US Marines and Army received a surge of new recruits in April, which took them well above their recruitment goals despite the unpopular and ugly…

Liquidnet Europe reports into Boat

Buy-side crossing network Liquidnet has restructured its trade reporting infrastructure so that all trades executed in Europe are now sent to trade reporting utility, Markit Boat.

Administrator takes SunGard Front Arena for multi-asset support

LaCrosse Global Fund Services, a fund administrator and middle-office service provider with more than $14 billion in client assets, has implemented SunGard's Front Arena multi-asset trading and valuation system to support a variety of more complex…

Fidessa unveils next-generation algorithms

Sell-side trading platform provider Fidessa has launched a new suite of algorithmic trading strategies into the US market, with long-term plans to roll them out to Europe and Asia.

Moths to a flame

$125, $130, $135... the rise in oil prices shows few signs of abating, and yet the current liquidity and volatility in the energy markets - specifically oil and natural gas - are attractive to any fund or investor wanting to make money. But in the wake…

Hedge fund OTC derivatives processing market to double by 2010

Over-the-counter derivatives processing technology has historically gained most of its traction on the sell side, but providers' opportunities to expand market share among buy-side users look set to expand significantly as hedge funds and traditional…

Primed to perform

DSTi is no newcomer to the buy side having been established some 30 years ago. But the Surbiton, UK-based vendor's lengthy pedigree hasn't impeded its ability to bring new products and upgrades to market, one of the most recent of which is the firm's…

Canadian manager automates trade processing with Omgeo

Connor, Clark & Lunn Financial Group (CC&L), a $36 billion boutique asset manager in Canada, has implemented the Omgeo Central Trade Manager (Omgeo CTM) for automated processing of domestic and cross-border trades.

This Month In Numbers

"Our research shows that there is no more hedge fund money in the oil market than there was last July when prices were $60 lower - if anything there is reduced participation"

Editor’s letter - The perfect storm

Things are pretty hectic at the moment. A barrel of oil is now officially 30% more expensive than it was six months ago, and although fuel prices haven't rocketed quite at the same rate, I'm enough of a realist to understand that energy firms are not…

Old Mutual's US arm takes Indata ASP

Old Mutual Asset Management, the Boston-based asset management unit of Old Mutual in London, has contracted Indata for the vendor's Indata IMS ASP front-to-back technology platform to the firm's affiliate managers. Old Mutual acts as a holding company…