Buy-Side Technology - 2008-12-01

Numbers

'The reality is that for TCA to be really useful, real-time is almost a requirement because if you look at whether trades were good or bad at the end of the day, you've missed the opportunity to change your trading style' Kirk Allen, managing director…

Stifling "innovation"

Now that the adults are set to retake charge of the US federal government next January, the likelihood of more substantive regulation of the financial services industry has become all the more probable, even though we still have only vague notions of…

StatPro joins the pricing/valuations fray

London-based StatPro Group has entered the buy-side pricing and valuations space by unveiling its Complex Asset Pricing (CAP) service, a system for pricing complex financial assets. Through this move, StatPro has joined a select handful of service…

Hedge fund IT spending to fall below $1 billion

As hedge fund managers square up to the most precipitous market challenges in their history, the global hedge fund industry will likely have to contend with the prospects of fewer funds in business, lower total assets under management, and slashed…

Spotlight on Neal Goldstein

As it expands operations across new markets around the globe, Liquidnet has named Neal Goldstein head of enterprise technical services to oversee the firm's development of global infrastructure standards. Goldstein will also manage infrastructure…

McDonnell IM switches to ASP version of Eagle system

McDonnell Investment Management, a Chicago-based fixed-income manager with approximately $12 billion under management, has switched from an installed version of Eagle Investment Systems' accounting platform to the vendor's hosted offering, Eagle Access,…

Oceanwood live on LZ front-office platform

Oceanwood Capital, the London and Boston-based investment manager with $1.7 billion under management, is live on Capstone, Fidessa LatentZero's integrated front-office platform. The implementation saw Fidessa LatentZero partner with CITCO Fund Services,…

Head in the clouds

By the time the glasses were raised and the soup was served at last month's Buy-Side Technology Awards lunch, I don't think I was alone in sensing a slight air of tension in the dining room of London's Lanesborough hotel. That wasn't because of the…

And the winners are...

After much deliberation Buy-Side Technology has announced the winners of this year’s buy-side technology awards; this year’s ceremony was held at the Lanesborough in London and featured 95 entries across 18 categories with a mix of last year’s recipients…

Analysis paralysis

A midst the volatility that has now become the norm in the financial markets, it may seem that the more information available to traders the better. But when it comes to transaction cost analysis, caution needs to be exercised - traders must assess how…

Transparency worries persist in post-Mifid era

More than a year after Mifid's implementation, the European buy side continues to suffer from poor market data and inadequate post-trade transparency. When the regulation came into force in November last year, it required that all trades executed in the…

Editor's Letter - Carrying on regardless

It's been a tough year. Of that there is no doubt. And if the City boys are even moderately accurate in their 2009 predictions, next year is set to be even tougher, which means, for the time being at least, there's not much good news on the horizon. But…