Opinion
Jack of all trades
There is little doubt that large numbers of traditional asset managers and hedge funds have made the move to multi-asset trading in a near- or real-time environment but as Harrell Smith argues, not all supporting technologies were created equal
Turquoise ready to ruffle feathers
Turquoise, the pan-European share trading platform gearing up to launch later this year, is aiming to open up the European exchange market that, in Turquoise's view, has to date been the province of quasi-monopolies that pass on overly high costs to end…
Coming around again
The spectre of greater hedge fund oversight by financial regulators has seemed more or less dormant for several months now as Wall Street meltdowns become more and more spectacular. But even though the US Federal Reserve and other government agencies…
No good deed
Wall Street had a true roller coaster week in early March but not in terms of trading volumes or record profits. It was a thrill ride in terms of emotions, headlines, and hubris.
Liberate the Datacenter
It's time to shake up the organization chart a bit. For the longest time, corporate datacenters have been managed by banks' operations and real estate organizations. This needs to stop-and stop now. Administering a datacenter should be in the hands of…
Going Dutch
This week, the IMD bandwagon rolls into Holland for its inaugural Amsterdam Financial Information Summit, where panels of experts will attempt to hash out (pardon the pun) the key issues affecting the European market data landscape in a one-day program…
Looking for the Bear Necessities
Looking over JPMorgan Chase's proposed acquisition of Bear Stearns, the old saying, "Act in haste and repent in leisure," comes to mind.
If Content Is Still King...
... then why do we keep hearing that it's "commoditized," or that it's "noise"? If it's so valuable, why are market forces and industry initiatives seemingly aiming to make so much of it freely available? And if content is the priority, how come we hear…
Know the Flows
Information on the flow of assets between asset classes, sectors and regions is increasingly being used as a tactical data input for investment strategies. But does it have the value to become a mainstream indicator of market movements?
Bear Attack
As I sit down to write this week's column, the warning klaxons are sounding up and down Wall Street as Bear Stearns turns to JPMorgan Chase to access emergency liquidity from the U.S. Federal Reserve. Bear CEO Alan Schwartz has already held the …
The Case For Scrutinizing the Scrutinizers
No doubt there were more than a few wry grins-or even cries of jubilation-in the financial markets when New York governor Eliot "Ness" Spitzer resigned last week after being caught spending a fortune on high-priced call girls. The former scourge of Wall…
Pimp My CPU
As the introduction and adoption of grid computing revolutionized the financial services industry, another disruptive technology is just off in the wings waiting to burst onto the scene-massive parallel processing.
Swimming With Sharks and Whales
The upcoming movie 21 tells the true story of a group of MIT students who set out to beat the casinos of Las Vegas at blackjack, using sophisticated card-counting techniques to determine whether a table was "hot" and to gauge the likelihood of winning…
CEP Comes of Age
With the early adoption phase over, complex event processing technologies will not only enter the mainstream during 2008, but permeate it completely. By John Morrell, director of product marketing at Coral8.
To a Bloody War and Quick Promotion
The nice thing about financial technology is that every three years everyone takes a step to the left. At press time, Credit Suisse announced that Karl Landert will be filling in for departing Tom Sanzone as the über technologist at the Swiss financial…
No Country For Old Men
In a recent posting on his blog, Reuters chief executive Tom Glocer suggested his own addendum to Clayton Christensen's theories in The Innovator's Dilemma about why it is hard for large companies to innovate as much as their smaller competitors. While…
No Monopoly on Accuracy
Using a multi-vendor approach can help alleviate many of the risk factors inherent in corporate actions, says Fidelity ActionsXchange's Christopher Madigan
Exchange Reality
LETTER FROM THE EDITOR
Editor's Letter: Was the financial gain worth all the pain?
I met a technology consultant the other day for lunch in the West End. It was memorable for two reasons: first, we ate at Gaucho, a restaurant specialising in Argentine beef in a Nosferatu -esque atmosphere, which, while I am no ardent carnivore, was…
Ready for the recovery
The worst may not be over, but things will definitely get better. By Phil Albinus
Smart Order Routing gains intelligence
Smart order routing (SOR) has become synonymous with the new European trading landscape precipitated by the adoption of the Markets in Financial Instruments Directive added to the statute books at the start of November last year. But as Ian Salmon argues…
Avoiding the Carr Wreck
I finally have gotten my hands on a copy of Nicholas Carr's The Big Switch: Rewiring the World, from Edison to Google and I can see why this is literary napalm in the IT community.
Regulators Bare Their Gums
Perhaps the only thing greater than data professionals' curiosity about which businesses competition authorities on both sides of the Atlantic would force Thomson and Reuters to divest before blessing the proposed merger of the two data giants is their…