Analysis
Data is a Mess, So Why Not Unify it
As data volumes skyrocket, their efficacy is getting more opaque. Organizations need to get their data under control, in one location, so they can squeeze better value out of it.
'Dynamic' Ucits Beget Questions of Internal Data Governance, Administration
Since initial implementation of the fourth iteration of the European Commission's Undertakings for Collective Investments in Transferable Securities in 2011, and with two further directives, Ucits V and VI, already set to be respectively voted on by the…
Buy Side Eyes Korea as Regulatory Barriers to Entry Fall
Despite relaxed rules, the South Korean marketplace has proven a tough nut to crack. Vendors are still looking for ways to break into the country at a time when the hedge fund space is growing—even if that growth is slower than expected.
60 Seconds with ...
John Landry, CEO, Electra Information Systems
Tips on Integrating Semantic Data
Diversifying data structures are making modifications more complicated. SunGard's Yingxia Wang sorts through the various formats and suggests how best to make them work together
OTC Participants Self-Report a Lack of Readiness
A survey by London-based consultancy Rule Financial has quantified, albeit in an unscientific way, what a feature for the November issue of Waters revealed anecdotally: Financial institutions are unprepared for over-the-counter derivatives (OTC) reform…
OTC Participants Self-Report a Lack of Readiness
A survey by London-based consultancy Rule Financial has quantified, albeit in an unscientific way, what a feature for the November issue of Waters revealed anecdotally: Financial institutions are unprepared for over-the-counter derivatives (OTC) reform…
A Year in Profiles
Anthony takes a look back at the individuals who were profiled in the pages of Waters magazine from 2012.
The Best of the Buy Side in 2012
The pick of Waters' buy-side coverage from the past year.
The Best of the Sell Side in 2012
The pick of Waters' sell-side coverage from the past year.
2012's Financial Crime Coups Raise Stakes, Anxiety
Global regulation was the year’s obsession, but criminal probes─from rate rigging to rogue trading; sanctions violations to insider bets─won the headlines in 2012. Not every financial crime has a ready tech fix, but with buy-side cornerstones like SAC…
NYSE Euronext Bid Puts 2012 on ICE
News of the IntercontinentalExchange’s (ICE’s) $8.2 billion cash-and-shares bid for the venerable New York Stock Exchange (NYSE) ends a year of speculation over consolidation and the future of the landmark equities operation at Broad and Wall Streets in…
Financial Firms Gear Up to Conquer Big Data
As the financial markets gain a better understanding of potential use cases for Big Data analysis techniques and technologies, firms are now exploring ways to extract the most value from Big Data. However, proper data governance provides a crucial…
Infrastructure, Optimization Tools Imperative for New Swaps Execution
A modernized US swaps market portends benefits as well as costs for the buy side. But most of all, experts say, it means building technology that can cope─independently─with change.
Flexibility Key to Infrastructure Agility, Responsiveness
Despite the economic environment dictating high-level sign-off on new technology deployments —- something that is becoming harder to obtain-— firms must build an element of flexibility into their market data infrastructures if they are to create best-of…
Multi-Asset Platforms Are Efficient, But Don't Force It
As various asset classes sprung to life over the years, the trading desks that handled them often blossomed independently. Futures, options, equities, bonds, and the like became robust, yet siloed, at the big banks. Separate trading systems evolved to…
Multi-Bank FX Platforms More Ubiquitous, Less Popular
Foreign exchange (FX) traders are getting more comfortable with algorithms and electronic platforms, says Ugur Arslan, CEO of New York-based quant fund AienTech, at a webinar hosted by Lexington, Mass.-based complex event processing (CEP) software vendor…
Citi's Hill: Cloud Augurs 'Biggest Shift Since Desktop Browsers’
At this week's Waters USA conference in New York, executives from UBS, Lord Abbett, and Citi agreed that on matters of cloud, the questions will be “how” and “when,” rather than “if.”
UBS COO: Big Data Represents a Whole New Vocabulary
Richie Etwaru, COO of group technology at UBS, says that in order for the industry to fully tap into Big Data, there must be a change in mindset in terms of how data is thought of, and what it can be used for.
Credit Suisse's Muthu: Multi-Asset Platforms Good For IT, Not Necessarily Revenue
The bottom line at any financial institution is always the bottom line, as in the dollars and cents. As he wrapped up a panel discussion on the consolidation of trading desks and multi-asset class strategies, it was appropriate that moderator Greg Wood,…
RBS’ Eddie: Capital Requirements Set to Get Harder
Capital requirements have been daunting to address, and will only get harder with Basel III, says Alan Eddie, who runs risk technology for the Americas for the markets and investment banking businesses at the Royal Bank of Scotland, speaking at the…
SEC's Lewis: Regulator Rapidly Catching Up With Analytics
The US Securities and Exchange Commission (SEC) is becoming more technology-aware, according to Craig Lewis, director and chief economist for the SEC’s risk, strategy, and financial innovation division.
BofA’s Reilly: Mobility About Risk and Data Control, Not Cost Cutting
Bank of America Merrill Lynch has internally distributed 55,000 BlackBerrys and 5,000 Apple iPads, as well as 20,000 devices that it supports as part of its bring-your-own-device (BYOD) policy. In one year, it handles 2.6 billion instant messages, 1.2…
BlackRock CTO: Vendors Not Meeting Enterprise Needs
During a CIO roundtable at Waters USA this morning, BlackRock CTO Scott Condron bemoaned the lack of innovation by West Coast technology suppliers for producing solutions for enterprises like his. One such supplier in the audience took exception.