Bloomberg showcased its range of data, trading and fund management products designed for investment managers, notably its Portfolio Trading System--which has been modified over the last nine months to allow comparison with benchmark funds. The system allows fund managers to run pre- and post-trade compliance checks based on up-to-the-minute positions, prices and risk analytics. After entering tickets into the system, users can feed position and security data directly into their accounting, custodian and performance packages, reducing error. Via Bloomberg systems, users can also access comprehensive data, from pricing, historical and credit data to risk, fundamental, valuations, spreads and forecasts, which can be integrated into spreadsheets, proprietary applications or third-party models.
Latentzero’s Sentinel allows asset managers to automatically detect and prevent breaches of client, regulatory and management investment restrictions on a pre- and post-trade basis. The product features an Outlook-style user interface and a comprehensive set of international regulatory rule libraries. Covering a range of tradeable instruments, including support for complex hedging strategies, its rules can be based upon any analytic, such as exposure, duration, or average credit rating. Sentinel operates as a stand-alone component independent of other Latentzero systems, offering seamless integration with existing front and back-office systems via ActiveX, Java, C, and Corba APIs and pre-built interfaces, with support for SQL server, Sybase and Oracle.
Having got broker/dealers on board, financial network Radianz is now actively targeting buy-side clients as an established alternative to the insecure public or expensive private networks. "Buy-side businesses are probably already using Radianz, but not for what they need," says business development manager Simon Taylor. "Whereas a year ago, Radianz only had Reuters on the network, now there are 50 applications on it."
Radianz is a joint venture between Reuters and IP network provider Equant. Users connect to applications using Radianz’s industry-standard IP protocols, either via dedicated high-speed line, or dial-up. Features include Rfix, which supports order flow between counterparties using the FIX protocol, and Rconnect, high-speed, high-quality hoot-and-holler voice circuits.
Simcorp’s TMS2000 is a single straight through processing investment management solution for deal execution, risk management, limit control, performance measurement, financial analysis and bookkeeping, which covers front-, middle- and back-office functions around a single database based on a flexible, open platform for linking to external processes such as matching and settlement. The system supports the whole range of traded instruments and can interface with data providers, custodians, general ledger and other external systems through a single entry or capture point. TMS2000 has modules for real-time position monitoring and analysis, performance measurement and attribution and portfolio modelling and rebalancing, which can automatically generate orders to the front-end module.
Stephen Morse gives a presentation on how traders are using information created via Twitter to derive trading insights.Subscribe to Weekly Wrap emails