Buy-Side Technology - 2009-05-01

SunGard upgrades Adaptiv risk platform

SunGard has unveiled the latest version of Adaptiv, a suite of enterprise risk management and operational control solutions for the capital markets. Adaptiv 2009.1 features a number of functional enhancements to areas such as collateral management,…

CEP - Strategic or tactical weapon?

Complex event processing (CEP) technology has existed in the capital markets for some time, but it has gained traction primarily in the algorithmic trading space. Today, CEP technology that analyses large quantities of streaming data in real time has a…

Going wholly hosted

MFC Global Investment Management, the investment management arm of Canadian financial services firm Manulife Financial Corporation, recently faced a challenge familiar to many buy-side managers with global infrastructures: moving operations scattered…

DTCC, Markit agree further integration

The Depository Trust & Clearing Corporation (DTCC) and Markit are collaborating to automate syndicated loan reconciliation for institutional investors and other buy-side firms by creating a link between DTCC's Loan/SERV Reconciliation Service and Markit…

Odyssey unveils latest version of InvestmentManager

Odyssey Financial Technologies, the Luxembourg-based provider of private wealth and asset management technology and services founded in 1995, has released the latest version of its InvestmentManager platform. InvestmentManager v6 features include:

Seeding future competition

Last month this column noted new initiatives undertaken by the California Public Employees' Retirement System (CalPERS), the largest pension manager in the US, to significantly reform its processes for managing its $5.9 billion investments in hedge funds…

Iberdrola selects GlobalVision for energy trading

Iberdrola, the Bilbao, Spain-based energy company is set to use Trayport's GlobalVision Trading Gateway for energy trading in Europe. According to Trayport, the GlobalVision Trading Gateway will allow Iberdrola's traders to view and trade market data…

Excelling in a toxic playground

Scott Dowle, chief technology officer of London-based hedge fund Credaris, talks to Victor Anderson about his firm's remarkable performance in the volatile credit markets during 2008, his preference for home-grown technology, and the need for keeping it…

Sophis study highlights risk concerns

Research conducted by Sophis, the Paris-based provider of cross-asset, front-to-back risk and portfolio management technology, has revealed that 63% of asset managers believe that risk management requirements have changed as a result of recent market…

Tough times call for new ideas

By now, readers are probably as sick of hearing about the recession as financial technology journalists are of writing about it. But, like it or not, the economic downturn defines and shapes every major technology decision currently being made at…

Fund investor accounting technology market set to contract

In the face of more cautious IT budgeting across the hedge fund and fund of funds industries, the market for investor accounting platforms will shrink over the next two years as managers make do with their existing infrastructures. A new Celent…

Month in Numbers

'But with structured products, I think they come across the same problems that we do, and their fall back is to use our pricing which comes from our brokers. I think most hedge funds have that same issue' James Caird Asset Management's Olivia Erby…

Spotlight on Robert Hegarty

After a ten-year career at TowerGroup heading the consultancy's securities and investments practice, Robert Hegarty has moved to the Depository Trust & Clearing Corporation (DTCC). As managing director of market structure at the DTCC, Hegarty will lead…

Quantifi ready for Big Bang with version 9.1.4

Quantifi, the New York-based provider of analytics and risk management technology to the global credit markets, has released version 9.1.4 to support the new Standard North American Corporate (SNAC) CDS which begins trading on April 8. The release of…

Tackling Transparency

It goes without saying that derivatives pricing has been one of the most acute and ever-present challenges facing buy-side firms of all sizes since the start of the new Millennium, and if the slew of recent derivatives research is anything to go by, buy…

Dark diligence

“Who do you trust?” As that question gains pertinence among buy-side managers, aspects of their relationships with broker-dealers have come under scrutiny. In the midst of sell-side upheavals and ongoing volatility, buy-side traders might presume to find…

Floating on a system for fixed income

The world may have fallen out of love with collateralised debt, but even in difficult trading conditions portfolio managers still need to look at complex fixed-income instruments to deliver alpha to their clients. Fidessa LatentZero's David Blocker…

youDevise enhances TIM with Insight release

youDevise has enhanced its Trade Idea Monitor with the release of TIM Insight, a new feature that issues real time buy/sell signals on major stocks, industry sectors, and global regions. TIM Insight is based on long/short trading ideas on more than 13…

Survey: use of dark pools to increase in 2009

A new 29-page survey conducted by buy-side crossing network provider Liquidnet has found that the majority of investment managers who participated in the study plan to increase their participation in dark pool trading arrangements this year.

Paladyne wins $30 billion administrator client

Admiral Administration, a hedge fund administrator with $30 billion under administration, has begun implementing Paladyne Systems' hosted product suite for use as its middle-office service platform. Admiral will also offer a range of Paladyne products to…

Calypso releases CDS fixed coupon support for CDS Big Bang

San Francisco-based Calypso Technology has announced the release of a software update to support the new Standard North American Corporate (SNAC) credit default swap (CDS) contract launched on April 8. The new SNAC convention transforms single name CDS…

Editor's Letter - In praise of the 't' word

Transparency is now the buy side's hottest buzzword. Actually, that's been the case for quite some time now. Naturally, every buy-side constituent has its own take on exactly what it means to them and their business, but one thing's for certain: as an…