Buy-Side Technology - 2009-12-01

Month in Numbers

"It's safe to say that the single-prime model is completely dead. It's pretty clear that all hedge funds are going after multi-prime environments'"Sameer Shalaby, chief executive at hedge fund technology provider Paladyne Systems, explaining that more…

The 2009 Buy-Side Technology Awards

This year’s awards featured 120 entries across 18 categories from 52 different technology providers. The most popular category was that of best newcomer with 13 entries, while this year’s edition featured eight new winners.

Spotlight on Carrick Pierce

After a number of years working on technology projects for both sell- and buy-side employers, Carrick Pierce has moved to a third-party vendor, options pricing and risk visualisation technology developer, Derivix. Previously, Pierce served as chief…

The DTCC launches syndicated loan service

The Depository Trust & Clearing Corporation (DTCC) has launched its Loan/SERV contract recon­ciliation service, which expands the reconcilement capabilities for the global syndicated loan market.

Dark executions in Europe remain modest

European markets, still coming to terms with the impacts of Mifid, have yet to make substantial use of dark pools as liquidity continues to fragment. Dark-pool executions in the UK and on the Continent are nonetheless expected to increase slowly but…

Sophis tweaks RISQUE offering with 6.0 launch

Sophis has launched version 6.0 of RISQUE, its trading and risk management product designed for use by investment banks. In addition to technology enhancements, RISQUE 6.0 has extended its asset-class coverage and now allows users to compute scenarios,…

Editor's Letter - Making a molehill out of a mountain

Technology, especially when it comes to the financial services industry, can be pretty dreary stuff. Unless of course you're a propeller-head who grew up learning how to write code instead of playing computer games and falling out of trees. But that isn…