When less really is more
Over the last few years, asset managers have been aggregating disparate asset trading desks and consolidating Order Management Systems (OMSs) to support these multi-asset trading desks. There are powerful external drivers pushing the industry in this way, including market evolution and regulation. Not to be overlooked are the equally powerful internal drivers which include changing portfolio management dynamics, cost savings, risk reduction, efficiency and liquidity. The combined effect of these drivers provides a compelling argument to get with the program.
What should you look for in a multi-asset-class trading system?
● Flexible configuration, asset-specific workflows and an interface that can be designed around the roles of disparate users.
● Full support of all asset classes you trade including extensive security master detail, workflows and compliance capabilities.
● Currency hedging tools.
● Flexible calculations to perform the right calculations.
● Integrated compliance with full look-through for derivatives and funds.
● Trade date and settlement cash support to help manage the different settlement and maturity issues of your instruments.
● Support for linked and contingent trades across asset classes.
Changes to investment styles and market evolution partnered with cost and risk reductions means that global multi-asset trading is a reality. There will be a clear advantage to firms that are able to adapt their mindset and technology to embrace the changes and offer clients a better performance at a lower cost. A change in market paradigm will produce winners and losers. With investors being the judge, can you afford to lose?
Gavin Little-Gill is managing director of Linedata Asset Management, North America.
“A change in market paradigm will produce winners and losers. With investors being the judge, can you afford to lose?” Gavin Little-Gill
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Symphony boosts Cloud9 voice offerings with AI
The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.
Can exchanges leverage new tech to claw back ETF share from RFQ platforms?
Systematic trading strategies and proliferating data are bringing efficiency to an otherwise-fragmented European ETF market.
Nasdaq reshuffles tech divisions post-Adenza
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.
Liquidnet sees electronic future for gray bond trading
TP Icap’s gray market bond trading unit has more than doubled transactions in the first quarter of 2024.
This Week: HKEx's new derivatives platform; GoldenSource; Quonian-SimCorp, and more
A summary of some of the latest financial technology news.
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
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.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Waters Wavelength Podcast: Broadridge’s Joseph Lo on GPTs