Feature
Baptism of fire
Counterparty risk has historically been an issue mostly for sell-side institutions to address, but the collapse of Lehman Brothers laid that notion to rest. Now, investment managers have had to get up to speed on what risks their counterparty exposures…
Compliance 2009: Who's pulling the strings?
Compliance, like risk management, has traditionally been seen as a business process that curtails portfolio managers’ ability to generate returns. But this has changed to the point that now managers see compliance as a way of winning mandates. By Victor…
A product of participation
One of the greatest challenges facing South African financial institutions relates to the cost of their technology, especially when it comes to buying applications from foreign vendors by virtue of the weak rand compared to the dollar and sterling. But…
Fund managers gear up down south
The South African investment management industry is small compared with those of the US East Coast and Western Europe. But as Victor Anderson reports, a small industry does not necessarily imply an unsophisticated one.
Balancing Act
Cover Story
Managing Counterparty and Settlement Risk In Real Time
Sponsor Statement
NYSE Amex Options Floor Opens
Exchanges
Burgundy Readies for May Launch
Exchanges
A New Dawn for Data Governance?
The data management world has long been addressing the data governance problem. Yet, firms continue to adopt erroneous approaches or avoid the issue altogether. Carla Mangado explores how the current economic environment will push firms to give data…
Long-distance infrastructure
For New York-based global hedge fund and investment firm Marathon Asset Management, best-of-breed and off-the-shelf became mutually exclusive concepts early in its development. After identifying a number of crucial advantages in developing proprietary…
Registration redux
For months now, hedge fund industry participants have anticipated greater regulatoryinvolvement by the US government. But while no concrete regulatory requirement yet exists for hedge funds, proposed rules pushing for hedge fund registration under the…
Weaving It All Together
If there is one misunderstood technology in the market today, it has to be complex event processing (CEP). Due to the bespoke nature of the environments in which CEP engines are deployed, it's hard to get objective performance benchmark numbers without…
Cloudy concept, clear gains
In an industry beset by acronyms, ‘cloud computing’ has become the latest buzzword and it is yet to be fully understood, let alone implemented, across the buy side. The term means different things to different firms, but it varies subtly to the ASP and…
The More Things Change...
STREAMING QUOTES
On Messaging
Waters Survey
Mini-Prime Boom
Cover Story
A New Breed of Regulators
The market turmoil has resulted in widespread criticism of financial regulation, begging the question if there is room for other institutions to take a more active role in the regulatory landscape. Carla Mangado explores the potential implications of a…
There will be risk
Energy and commodities markets provided no safe haven for buy-side firms last year. Abysmal performances combined with higher margins and mounting investor redemptions could be chalked up to the fact that 2008 punished the financial industry…
Trading Technologies Releases X_Trader 7.6
LONDON—Derivatives trading system provider Trading Technologies International (TT) plans to release version 7.6 of its trading platform X_Trader this week.
2009: the year of doing more with less
For asset management firms of all shapes and sizes, fresh technology investment is unlikely this year and existing infrastructures will have to be extended to support new business opportunities. But as Joel Clark reports, doing more with less could have…
Compliance 2.0-bama
COVER STORY
Smart Maintenance
ONLINE EXCLUSIVE
NYSE Euronext Spreads Its Wings
EXCHANGES
Fanning the flames
Recent short-selling restrictions introduced by the SEC have seemingly realised hedge fund managers’ worst fears: heavy-handed regulation making little distinction between legitimate and below-board investment tactics, coinciding with the most…