Articles by Anthony Malakian
The Art of Cutting Corners
A recent survey indicated that many buy-side firms are content to create “workarounds” rather than invest in consolidated solutions and platforms. Anthony doesn’t think this is the best idea—but he understands.
Buy Side Grappling with Derivatives Processing Workarounds
Many buy-side firms are choosing workaround solutions for derivatives modeling and processing, rather than consolidating to one platform, according to a survey by investment management software provider SimCorp.
ConvergEx Taps Ardell for CIO
ConvergEx Group has named Gary Ardell CIO. He will also be part of the vendor’s executive committee.
Direct Edge's William O'Brien on the Bats Merger
After much speculation on Friday last week, news broke today that Direct Edge would merge with Bats. Direct Edge's CEO William O'Brien hopes that this will help the newly combined entity, which will go forward under the Bats name, to break into the…
Anthony Malakian: Regulators Literally Doing the Best They Can
In an environment of budgetary constraints, regulators must invest in top-tier analytical technologies. But, as Anthony explains, there is no “try” when it comes to preventing another 2008.
For Regulators, Data Engineers in Demand
Regulators in the US have had to significantly increase not only their IT hardware and software, but their staffing as well, to meet Dodd-Frank-related demands.
US Regulators' Technology Burden
The passage of the Dodd–Frank Act in the US, while necessary, has not just stressed many Wall Street firms’ IT budgets—it has also required a substantial investment on the parts of the US regulators. Anthony Malakian charts the progress that has been…
BNY Mellon Adds Benda in Germany
BNY Mellon has hired Gesa Benda as Global Collateral Services (GCS) product segment manager for clearing houses, and she will be based in Frankfurt.
The BST Awards are Upon us Once More
For the seventh year, entries for the Buy-Side Technology Awards are now open. Anthony explains what the judges are looking for when examining nomination forms.
FlexTrade Completes Integration with OTC Link ATS
FlexTrade Systems, which provides execution and order management trading systems (OMSs), has completed its integration with OTC Link and it can now support trading and market making on OTC Link's Alternative Trading System (ATS).
SS&C GlobeOp Rolls Out Voice-Recognition App, More 'Hands Free' Solutions Coming
SS&C GlobeOp has embedded a voice-recognition assistant in its iPhone and iPad apps geared toward fund administrator clients.
SunGard's XSP Expands to Singapore
SunGard announced that its XSP platform for corporate actions now has a sales and support office in Singapore. This comes on the heels of SunGard's December 2012 acquisition of XSP.
Aleynikov's Ripple Effect
This week Michael Lewis brought a national spotlight to the Goldman Sachs case against Sergey Aleynikov. Will this change the way programmers conduct business in the future?
eVestment Unveils New Attribution Platform
Analytics provider eVestment has launched a new attribution platform, eVestment Attribution, which will provide asset managers with insight into how portfolio returns are generated.
JOBS Act Implications Significant, Just Not for Technology
The JOBS Act could present new opportunities─and challenges─for the hedge fund industry, but Anthony questions whether there's a significant IT angle to be found.
SunGard Upgrades Asset Arena InvestOne for ‘Multiple Books of Record’
SunGard has released the latest version of its Asset Arena InvestOne accounting platform and it now has functionality for Multiple Books of Record, as well as the launch of a new operational management and monitoring solution.
Scivantage, Broadridge Partnership Delivers Recon to Maxit
Scivantage has tapped Broadridge Financial Solutions' consolidated business process outsourcing solution to support reconciliation activities for certain procedures for its cost-basis reporting platform, Maxit.
ITG Brings Posit Alert to Mexico
Agency brokerage ITG has launched Posit Alert─its platform for sourcing large block orders of liquidity─for Mexican equities.
Bailard Switches to Indata's iPM Cloud
Asset management firm Bailard, which is headquartered on the outskirts of San Francisco, is now live on Indata's iPM Cloud platform, the vendor's hosted environment.
Anthony Malakian: No Reconciling Dependency on Excel
According to some reports, 70 to 80 percent of reconciliations at major financial institutions still take place through the use of manually intensive, spreadsheet-based platforms. Anthony says that in today’s environment, this is simply unacceptable.
Waters Rankings 2103: Best Sell-Side Clearing Provider — Goldman Sachs
In 2012, Goldman Sachs finished second to JPMorgan in this category, less than one percentage point away from dethroning the five-time champ. This year, Goldman has gone one better, narrowly edging out JPMorgan in a category that was again keenly…
Waters Rankings 2013: Best Agency Brokerage — ITG
In times of constrained liquidity and fragmentation—and the risk and cost that comes with those conditions—firms are pushing harder than ever for cutting-edge algorithms and top-tier crossing capabilities. It’s this combination that has lead Waters’…
Waters Rankings 2013: Best Exceptions and Reconciliation Management Provider — Omgeo
Establishing something of a dynasty, for the fourth straight year, Omgeo has been named the best exceptions and reconciliation management provider by Waters’ readers. As firms look to automate their reconciliation processes in order to better mitigate…