The project was sponsored by an unnamed global asset manager and existing Quod client who was "unsatisfied with the feed they were getting from a competitor of ours," in terms of latency and commercials, says Ian McIntyre, chief operating officer of SR Labs in Europe. "It was not cutting it with performance, and their commercial model changed when they were acquired by a bigger firm. Those things combined had the customer and Quod looking for a new provider, [and] we fit the bill."
Quod and the
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails