Buy-Side Technology - 2007-10-01
Articles in this issue
Derivatives altering buy-side portfolio system requirements
The market for buy-side portfolio systems is expected to total $2.67 billion by 2010 as Asian and European-based buy-side firms' operational and technology requirements increase, and as managers generally extend their use of over-the-counter derivative…
No silver bullet for sub-prime valuation challenge
The dust is yet to settle in the wake of the US sub-prime mortgage fiasco and already the analysts are hard at work suggesting techniques and technologies designed to avert such a crisis in the future. But as RiskMetrics' Christopher Finger explains in a…
Trade processing costs press the need for buy-side aggregation tools
Stewart Eisenhart analyses a recent Riskmetrics report suggesting the techniques and technologies that buy-side firms could deploy in order to potentially avert future valuation crises such as the current sub-prime mortgage melt down unfolding in the US.
Month in Numbers
'All regulatory concerns fundamentally say exactly the same thing - you need to follow your transactions to ensure that you're not funding Taliban Inc'
Laws of attraction – Institutional capital flowing into the hedge fund industry comes at a price – investors expect operational transparency and industry accepted best practices when it comes to risk management. Victor Anderson outlines how funds in the F
Risk management disciplines across the buy side have traditionally ranged from relatively sophisticated - relative that is compared with sell-side organisations - to downright rudimentary. But that is set to change, especially in the Far East where funds…
Savvis connects hedge funds to major US exchanges
Global IT networking and hosting infrastructure provider Savvis is now providing direct access to five major US exchanges through its Weehawken, NJ-based data centre.
Cornhill Asset Management goes live with Fidessa ETW
Cornhill Asset Management, a London-based boutique brokerage firm specialising in private equity and initial public offerings (IPOs), has implemented Fidessa's European Trader Workstation (ETW).
Spotlight on Sam Somech
Sam Somech knows his middleware. The technology veteran who invented trans-actional messaging has set his sights on derivatives, heading up research and development at SuperDerivatives. He talks with Stewart Eisenhart about why he joined the vendor, and…
Multiple choices – Not all prime brokers are created equal: Joel Clark investigates the criteria employed by hedge funds to differentiate one prime broker from another, and concludes that the multi-broker model is the most feasible and flexible approach f
The relationship between hedge funds and prime brokers has always been complex, but as alpha remains the objective for fund managers and as markets remain volatile, that relationship is changing. Joel Clark investigates the criteria funds employ to…
Know your fund manager
Forget 'Know Your Customer', one of the recent vintage of compliance initiatives that mandates investment firms to know whose money is in their hands. In these days of risky hedge funds with shady characters handling billions of dollars, clients too have…
Jefferies to offer LongView ASP to hedge fund clients
The prime brokerage unit of investment bank Jefferies & Company has partnered with Linedata Services to offer an ASP version of the vendor's LongView Trading OMS to its hedge fund clients.
Pre-trade TCA: New challenges, new technology
Stewart Eisenhart looks at a recent Aite Group report – Multi-asset portfolio systems: the buy side’s new pied piper – and concludes that although there is a sizable market in the US and UK for such systems, vendors are likely to find greater demand from…
All carrot, no stick
With credit crunches still front and centre in the minds of hedge fund managers nursing their wounds - or pondering how best to pursue arbitrage opportunities amidst the wreckage - familiar but nonetheless pertinent calls for greater transparency and…
No finish line
It is fair to say that data management issues reside at the heart of most buy-side operational challenges. Mike Atkin , managing director of the EDM Council, speaks with Victor Anderson about the Council's mission, the organisational and management tasks…
Brazilian fund administrator rolls out Charles River IMS
Mellon Serviços Financeiros, a Brazilian fund administrator and subsidiary of the Bank of New York Mellon Corporation with $26 billion under administration, is implementing the Charles River Investment Management System (IMS) to monitor compliance.
StatPro launches new product to reduce credit risk
StatPro, the London-based provider of buy-side portfolio analytics, risk management and data systems, has released the latest version of its flagship risk management product.
Editor's Letter: Wake me up when the data bit's done
Like it or not, data management is boring. It's tedious, it's uninspiring but it's also undeniably crucial to every financial services organisation regardless of their business focus or location. This much emerged during my recent conversation with Mike…
