Buy-Side Technology - 2009-08-01
Articles in this issue
Regroup, restructure, recover
Technology spending has slumped over the past year as a result of the slowdown in the financial services industry and the ensuing global recession. But, as MFT's David White argues, now is the time for buy-side firms to use technology spending as a…
Executive action
Cynics would have argued that the buy and sell side would be too busy looking for the green shoots of economic recovery to attend the July 1 Best Execution 2009 (London) event, hosted by Buy-Side Technology and DWT. But an impressive turnout on the year…
Supplementary solution
When Metzler Asset Management opted to implement the Charles River IMS, it chose to supplement its existing front-office applications with the system, rather than use it as a replacement. For an asset manager with an historically strong in-house bias,…
Spotlight on Matthew Sullivan
Contravisory Investment Management, a Massachusetts-based asset manager with private and institutional investors, has promoted Matthew Sullivan to the role of chief compliance officer. He will retain his duties as senior vice-president, overseeing the…
Newton's law
Hedge fund manager Global Advisors recently relocated to Jersey after a decade operating out of Manhattan and London. Co-founder Rus Newton talks to Victor Anderson about the reasons for the move, life on the island, and the fund's use of proprietary…
Obama Administration rolls out new hedge fund registration rules
In a widely expected move , the US Treasury Department has proposed new legislation that would require hedge funds and other private investment funds to register with the Securities and Exchange Commission (SEC).
Pricing priorities
After the global credit crisis exposed weaknesses in methods investment managers and other financial institutions employ to price and assess the risks in their portfolios, a new Aite Group report predicts firms will double their technology spending on…
Calypso Technology unveils version 11
San Francisco-based Calypso Technology, a provider of integrated trading and risk management software, has released Calypso Version 11. According to the vendor, the new offering provides refined repackaging, consolidation and rationalisation of its…
News in Numbers
"The way dark pools are utilised today is really on an institutional level, and the public isn't being harmed. What moves prices in the stock market are institutional plays - Johnny and Grandma buying 200 shares of a stock are not moving the market,…
An overdue shake-up?
Ever since Buy-Side Technology and its forerunner, Hedge Fund & Investment Technology, first started covering dark pools more than a few years ago, we've consistently heard two major themes voiced by investment managers, consultants and vendors.
Real-time risk: a mandate for trading in volatile markets
Not long ago financial services firms had to run their Monte Carlo simulations overnight. But with the advent of faster processors and new technology, firms can now manage their risk in real time or near to real time. Buy-Side Technology and DWT hosted a…
Algo releases new Credit Valuation Adjustment module
Toronto-based Algorithmics, a provider of sell- and buy-side risk management technology and services, has announced the availability of its new Credit Valuation Adjustment module designed to assist banks to use their capital more efficiently through more…
Satisfying scrutiny
Client reporting is not new to the buy side by any means, but compared to the processes typically residing in the front office, it has historically been overlooked as a key area of the fund management business. But that has changed over the past two…
The cap-and-trade tirade
From financial reform to healthcare and war, it seems no issue will escape scrutiny and revision in the US this year. But it is energy policy, and in particular emissions management, that a number of hedge funds and other trading desks are keeping their…
Algorithmics wins Waters Rankings award
Toronto-based Algorithmics has been named Best Risk Analytics Solution Provider by Waters readers in the 2009 Waters Annual Financial Technology rankings.
Algo enhances real-time risk offering
Toronto-based financial risk management software provider Algorithmics will launch a new version of its Counterparty Credit Risk product with enhancements in real-time risk management in October this year.
Neonet switches off the lights
Neonet, the Stockholm-based provider of execution services and trading technology, has started to offer access to dark liquidity via SmartPool, the multilateral trading facility set up by NYSE Euronext in partnership with JPMorgan, HSBC and BNP Paribas.
Editor's Letter - Bureaucracy waiting to happen?
Dark pools have become such an integral and important part of the buy side that I guess it was only a matter of time before the regulators got stuck in. Last month, Mary Schapiro, chairwoman of the Securities and Exchange Commission (SEC), indicated that…
