New perspective
Major Banks Complete Swap Trading Standard
The Fixed Income Connectivity Working Group (FICWG) has agreed on a set of standards for the way in which participants in swap trades will interact with execution venues, ahead of regulatory reform.
Bring-Your-Own-Device: An Employee Risk View
While bring-you-own-device is often considered in universally positive terms from a user perspective, there are risks to consider.
CFTC Under Fire from Asia-Pacific Regulators
Singaporean, Hong Kong and Australian bodies express concern over extraterritorial implications for OTC reform.
CFTC Under Fire from Asia-Pacific Regulators
Singaporean, Hong Kong and Australian bodies express concern over extraterritorial implications for OTC reform.
Growing Pains: Bär–BAML Deal Highlights IT’s Role in Wealth Management Consolidation
Details of last week's agreement signal a steady rise in costs devoted to IT as acquisition activity in the space continues.
The Dust Settles in Knight's Arena
It's been two weeks since one of Knight Capital’s systems went haywire and nearly sunk the market-maker. Already, the situation has stabilized, and the industry can start thinking about the bigger picture.
TSE Must Restore Confidence After Second Outage
On Tuesday, the Tokyo Stock Exchange had to halt trading for the second time in six months after a technology glitch hit its derivatives system. With the Knight fiasco fresh in public consciousness and a takeover bid with the Osaka exchange looming,…
FX Broker Suffers DDoS Attack, Hong Kong Partner Turns to Prolexic
The most serious DDoS attacks are down, but that may be temporary. Global eSolutions can attest to the fact that they haven't gone away.
Trading Infrastructure Hamstrung by Familiar Concerns
Cost concerns and legacy issues continue to temper enthusiasm among investment managers for wholesale changes in their trading architecture.
Ahead of Solvency II, Asset Liability Management Looms Large for Managers
Asset managers with insurer clients are searching for new data management and portfolio optimization platforms as the European regulation inches closer.
Single-Dealer Platforms Not Dead as Banks Shape Up for SEFs
SEF aggregation can ensure banks keep hold of clients as regulation looms.
SEF Survival Depends on Differentiation
GreySpark research outlines the current picture of the swap execution facility landscape.
Ospero Wants to Popularize a New As-a-Service Offering
Distribution-as-a-service may or may not catch on, but Ospero's vendor data center grid seems to be doing well.
New Tech Benchmarks Required After HSBC AML Failure Probe
The US Senate Permanent Subcommittee on Investigations found the bank's monitoring of correspondent relationships and bulk cash transactions wanting. Enterprise-level solutions are required to solve complex anti-money laundering problems.
Banks Chained to Legacy Systems as CVAs Suffer
SAS report claims legacy technology is leaving banks vulnerable to slow risk assessment.
CLS Designated as Systemically Important by FSOC
FX settlement facility tagged as crucial to US economy by regulator.
CLS Designated as Systemically Important by FSOC
FX settlement facility tagged as crucial to US economy by regulator.
Risk Data Silos Still Cause Issues, Survey Finds
Despite increasing investment in risk management, disparate systems still present problems, Sybase claims.
Risk Data Silos Still Cause Issues, Survey Finds
Despite increasing investment in risk management, disparate systems still present problems, Sybase claims.
Technology Integral as New Finra Suitability Regulations Come Into Force
Finra's rules 2090 and 2111 are set to make suitability a bigger issue for brokers, bringing legal clarity but also the need for holistic solutions.
Brazilian Regulator Weighs Breaking BM&FBovespa Monopoly
CVM held a hearing last week to solicit opinions on a study about exchange competition in Brazil. Yet the regulator gave no clues as to how it plans to proceed.
European Council Adopts Derivatives Rules
CCP clearing and trade repository reporting ratified by supranational body.
Bloomberg Broadens Data Focus with Industries
Global roll-out of analysis and data platform provides power play for vendor.
Indian Regulator Cautions over HFT
Reserve bank says that algorithmic activity needs to be watched.