AllianceBernstein completes global rollout of Portware's EMS

According to Michael Schwartz, chief operating officer of global equity trading at AllianceBernstein, the manager began implementation of Portware Enterprise at its New York offices about 18 months ago; the firm opted for the installed version of the Portware platform in light of its ability to maintain technology infrastructures on its own.

"We took the install version of Portware," Schwartz says. "We deliberately set out to run it ourselves, and we had the capacity, the technical ability and

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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