Buy-Side Technology - 2009-04-01

To build or buy?

Ask most chief information officers whether they build or buy their technology and most would say they do a bit of both, with a heavy emphasis on the build side of the equation. Many firms have large in-house IT staffs - although those head counts are on…

A product of participation

One of the greatest challenges facing South African financial institutions relates to the cost of their technology, especially when it comes to buying applications from foreign vendors by virtue of the weak rand compared to the dollar and sterling. But…

Compliance 2009: Who's pulling the strings?

Compliance, like risk management, has traditionally been seen as a business process that curtails portfolio managers’ ability to generate returns. But this has changed to the point that now managers see compliance as a way of winning mandates. By Victor…

Spotlight on Patricia Watters and Mason Snyder

Buy-side industry veterans Patricia Watters and Mason Snyder have launched Catalina Partners, a new risk advisory firm focusing on institutional investors and investment advisors. Watters and Snyder explain that through their new venture, they will cover…

Baptism of fire

Counterparty risk has historically been an issue mostly for sell-side institutions to address, but the collapse of Lehman Brothers laid that notion to rest. Now, investment managers have had to get up to speed on what risks their counterparty exposures…

Moving ahead while the SEC plays catch-up

The SEC clearly has its work cut out for it in terms of reforming the US financial system and cracking down on the myriad criminal acts now coming to light amid withering market conditions. By Stewart Eisenhart

Old dog new tricks

Linedata Services is a name long associated with the buy side through its LongView OMS, various accounting and electronic trading tools, and more recently its 2005 acquisition of Beauchamp Financial Technology. But as Victor Anderson discovers during his…

Institutional client reporting platforms set for wider uptake

Traditional asset managers and hedge funds will increase spending on client reporting platforms in coming years in order to address requirements from institutional investors and regulators for greater disclosure regarding investment strategies,…

GoldenSource focuses on derivatives for buy-side initiative

GoldenSource, the New York-based provider of enterprise data management (EDM) technology and services, has unveiled GoldenSource for Derivatives, a new service dev-eloped to help buy- and sell-side firms accurately value portfolios and manage the risks…

Fidessa adds round-the-clock trading in the US

Fidessa, the London-based provider of trading systems, market data, and global connectivity, has launched round-the-clock trading for its global trading service. Fidessa's global trading service is an integrated international trading service available…

Asset managers forced to deal with counterparty risk

Traditionally, counterparty risk was always viewed as a sell-side phenomenon, but all that changed with the demise of Lehman Brothers in September last year. Now, counterparty risk has a distinctly buy-side flavour, as Sybase's Sinan Baskan explains

Markit launches multi-dealer valuations platform

Markit, a financial information services company, has launched Markit Valuations Manager, a multi-bank, cross-asset client valuations platform. According to London-based Markit, the new service provides a secure, standardised view of over-the-counter …

Month in Numbers

"I can't see for a generation that you're going to get back to the environment we had previously - the fact that we have had a default on this scale means we have crossed a bridge"Mark Stancombe, head of operations at £119 billion Investment manager…

Addressing the buy side's needs

FINCAD is by no means a newcomer to the buy-side risk management space having been founded almost two decades ago. But rather than resting on its well-documented laurels, the Canadian vendor continues to sign new contracts, while its substantial client…

Credit Suisse and Paladyne enter prime alliance

Credit Suisse and San Francisco-based Paladyne Systems, have launched an enhanced suite of Paladyne products available as part of Credit Suisse's Advanced Prime solution launched in 2006. Paladyne's multi-prime, front-to-back-office technology platform…

Ocean State AM takes ClariFI's ModelStation

Ocean State Asset Management, a Rhode Island-based investment advisor with about $200 million under management, has implemented ClariFI's ModelStation portfolio research, modelling, and construction platform to enhance its US domestic equities management…

Editor's letter - The blind leading the blind

Recently Buy-Side Technology hosted a derivatives pricing panel discussion in London. Present were three technology vendors - NumeriX, SunGard and Calypso - all of whom have made significant strides in providing their buy-side clients with the…