Buy-Side Technology - 2010-04-01

Immediate risks, distant rewards

Research from Greenwich Associates and Omgeo published in February examines more pro-active hedge fund approaches to risk management aimed at dealing with counterparty risk and investor demand. Meanwhile, studies from Tabb Group and Celent Communications…

Advent upgrades Geneva and APX applications

Advent Software has launched upgrades to its Geneva back-office platform and Advent Portfolio Exchange (APX), the San Francisco-based vendor's portfolio management product, as part of a year-long initiative to roll-out enhancements to its entire suite.

A rude awakening

Many aspects of buy-side technology and operations have had to grow up fast following the collapse of Lehman Brothers. Collateral management, for many firms a low-priority function entrusted to Excel spreadsheets before the credit crunch, is the stand…

Instinet to take Asian dark-pool plunge

Dark pools, already a well-established facet of the buy-side trading landscape in the US, western European and Scandinavian markets, are primed to appear in Asia. Given the speed with which they became an integral part of the markets in which they…

DST Global Solutions launches risk consulting service

DST Global Solutions' Investment Management Solutions (IMS) business has launched a range of risk consulting services to address various aspects of buy-side firms' risk management challenges. Edward Dumas, DST Global Solutions' head of risk solutions…

Investit survey: managers identify priorities for 2010

Senior executives from the investment management industry feel sufficiently optimistic about the future that they are expanding into new geographical locations, according to a survey conducted at Investit's bi-annual industry conference.

SunGard to use StreamBase CEP for product development

Units of financial technology juggernaut SunGard are to use StreamBase Systems' complex event processing (CEP) platform for various product and infrastructure development projects to improve delivery to end users.

SunGard integrates algo tools with QuantHouse feeds

SunGard has integrated its smart order routing and algorithmic trading tools, GL Stream and GL Tactics, with market-data feeds from QuantHouse, the Paris-based provider of ultra-low latency market-data technologies.

Maitland stops the clocks

Maitland Fund Services, based in the South African buy-side stronghold of Cape Town, has, according to Nick Baikoff, the firm's head of asset services, altered the clock speed for itself and its clients by developing a real-time front- to back-office…

Spotlight on James Hockley

Investit's new business director James Hockley is no stranger to the London-based consultancy. He has previously headed the firm's operations practice, with a stint as head of European funds services and global provider management at Barclays Global…

Middle-office move

A decade ago, the typical buy-side firm comprised three distinct areas: the front, the middle and the back offices, each responsible for managing its own well-defined functions. But that is no longer the case as buy-side firms look to move traditional…

SimCorp introduces new front-office suite

Copenhagen-based specialist buy-side technology provider SimCorp has released a new front-office suite within SimCorp Dimension, its front-to back-office investment management platform. The suite features scalable front-office support for portfolio…

Hedge fund fault lines

Currency speculators and their benefactors in the financial industry have been getting what they would call a 'bum rap' lately following the Greek debt crisis. But bad press may prove a mere tip of the iceberg if recent sabre-rattling by certain European…

AlphaOne looks to SEI for middle- and back-office support

AlphaOne Capital Partners, a London-based equity-focused money manager founded by former Gartmore chief executive Paul Hondros, has selected SEI to provide it with a middle- and back-office outsourcing service for its portfolio of investment products.

Month in Numbers, April 2010

"Telling an investor that you've got $10 million of their assets out as collateral and you're tracking it on a spreadsheet is not quite the story you want to be telling now" Jeff Siemer, head of North American business development for Algorithmics'…

Best sourcing: buying in what you can't do without

In the wake of the downturn, financial institutions are relying on their trading and compliance technology to support their businesses in more ways than ever before. They need it to be robust enough to deal with the rigours of an increasingly complex…

Autobahn Equity unveils Super X algo

Deutsche Bank's Autobahn Equity electronic trading business, part of its Global Markets division, has launched the Super X algorithm in the US and Europe.