Invesco uses grid technology for fixed income

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BOSTON, MA -- Asset manager Invesco is developing an automated front-office system for its fixed-income portfolio managers based on grid technology, a form of distributed computing that pools and distributes computation-intensive tasks, data, storage and network resources across organisations.

Boston-based Invesco’s system is expected to accelerate the trade advisory process using Java’s JavaSpaces Jini service for building internet-distributed applications and the Java Messaging Service (JMS).

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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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