Buy-Side Technology - 2008-11-01

Spotlight on Jon Anderson

No stranger to the finer points of derivatives trading and processing, Jon Anderson has left New York-based hedge fund manager BlueMountain Capital Management to serve as global head of OTC derivatives at fund administrator GlobeOp Financial Services. He…

Misys tops 2008 Asia Risk Technology Survey

Misys, the global application software and services company, has been voted the leading prov-ider of risk management technology for the Asia region by Asia Risk 's readership.

The hedge fund bubble

Now that the numbers have come in, it's safe to say that most of us have had better Septembers. By many accounts, worries among hedge fund managers that their investors would opt for redemptions in the face of uglier and uglier market conditions appear…

Interactive hedging

A low-inflation environment and an ageing population proved to be a fatal combination for pure-play bond and equity portfolios - the returns expected by corporate investors simply did not materialise. And so the days of target-based long portfolios have…

European Bats ready to fly

Bats Trading, a European multi- lateral trading facility (MTF), has completed its preparations for launch and will be rolling out its trading services this month.

CGI Group, StatPro announce alliance

CGI Group, a Fairfax, VA-based provider of wealth management technology, and StatPro Group, have announced the integration of StatPro Market Data into CGI's StarSource Managed Data prod-uct. StarSource is a component of MSuite, CGI's wealth management…

Quantifi unveils version 9.1

Quantifi, the New York-based provider of analytics and risk management technology, has released version 9.1. Highlights of the new offering include:

Fear and populism

Plummeting stock prices, rising numbers of house foreclosures and steadily growing unemployment rates have led to loud calls for increased regulation. But countries should avoid knee-jerk reactions to the current financial crisis. By Emily Fraser

Vhayu partners with Alphacet for alpha generation

Vhayu Technologies, a provider of enterprise tick data solutions, has partnered with Alphacet, a developer of quantitative tools, to provide users with an integrated tick database and alpha generation platform. This, according to Vhayu, will help firms…

Complex market conditions driving PM&A uptake

Faced with long-term market volatility, increasingly complex asset types and more exacting investor requirements, traditional asset managers and hedge funds are turning in greater numbers to performance measurement and attribution (PM&A) systems…

Insurance industry IT spending to shift gear

IT spending in the insurance sector will be less hard hit than the banking sector in 2009, but will shift to focus more on risk management and compliance, a Datamonitor report has found.

Charles River deploys IMS to South African prime broker

Johannesburg-based Sanlam Prime Services (SPS) has become the first ever prime broker to implement Charles River Development's investment mana-gement system (IMS) for the benefit of its hedge fund clients.SPS, a subsidiary of Sanlam Capital Markets, was…

Month in Numbers

"We are watching all of our counterparties incredibly closely at the moment, because we have never had a situation as unique as this that warranted suspending brokers on a regular basis"

James Caird selects SunGard Reconciliation

James Caird Asset Management (JCAM), a $3.5 billion independent investment management business launched in July 2008 with offices in New York and London, has selected SunGard Reconciliation (formerly intelliMatch) to help it automatically match and…

Editor's Letter - Once bitten twice shy

The speed and volatility of the changes we've experienced in the global equity markets over the past few weeks have been nothing short of spectacular. The Vix, the CBOE's volatility index, reached an all-time high of 81.17 on October 16, although by the…