Tech
Buy-Side Technology Awards 2013: Best Buy-Side Execution Venue—Liquidnet
Few names are more synonymous with buy-side block trading than Liquidnet. With an average execution size of 42,000 shares per transaction, and a combined $12 trillion in assets under management among its members, the 12-year-old network certainly has…
CIOs Take the Lead on Security
For the December issue of Waters, Tim Murray profiled Allianz CIO Ralf Schneider. Anthony looks at some of the more interesting takeaways.
Buy-Side Technology Awards 2013: Best Buy-Side Compliance Product—Linedata
As mentioned at this year’s Buy-Side Technology Awards luncheon on November 1, if any category could be described as ushering in a changing of the guard, it would be this one. After all, Fidessa has dominated this category every year since the inaugural…
Buy-Side Technology Awards 2013: Best Buy-Side Client-Reporting Platform—Equipos
Research firm Investit reports that three-quarters of all asset managers will put a focus on client reporting and information delivery this year. That effort brings with it a host of data management challenges, which Equipos, whose Coric Client…
Buy-Side Technology Awards 2013: Best Portfolio Accounting Platform—SimCorp
SimCorp marks its first win in the portfolio accounting platform category this year, an area that has traditionally been dominated by industry stalwarts, Advent and Multifonds. This year in particular marks a validation for Dimension, SimCorp’s flagship…
Buy-Side Technology Awards 2013: Best Buy-Side Algorithmic/DMA Product—Deltix
Algorithmic trading and direct market access (DMA) are big business, but they also carry big risks. There only needs to be a cursory scan of news reports from the past few years to see that algorithmic failures can be costly, both in terms of penalties…
Buy-Side Technology Awards 2013: Best Integrated Front-Office Platform—Bloomberg
Bloomberg and Charles River Development have thrusted and parried back and forth in this category, seemingly alternating wins every year. Both have claimed the win three times in the category’s six years of existence. The judging panel determined that…
Buy-Side Technology Awards 2013: Best Data Provider to the Buy Side—Rimes Technologies
Here we are in 2013 and still only one company, Rimes Technologies, has won the best data provider category since the first edition of the Buy-Side Technology Awards in 2007. One might be forgiven for assuming that perhaps this category is “unpopular” or…
Buy-Side Technology Awards 2013: Winners' Circle—Rimes Technologies
Waters speaks with Alessandro Ferrari, senior vice president of global marketing at Rimes Technologies, about the company winning the best data provider to the buy side category in the annual Buy-Side Technology Awards for the past seven straight years,…
Buy-Side Technology Awards 2013: Best Buy-Side Data Management Product—Markit
It’s difficult knowing what to write about Markit EDM that hasn’t already appeared in Buy-Side Technology and Waters. After all, the London-based vendor—known as Cadis until early 2012 when it joined the Markit stable, ending months of speculation…
Buy-Side Technology Awards 2013: Winners' Circle—Markit
Markit scored twice at this year’s Buy-Side Technology Awards, taking home the honors for data management and best pricing/valuations service. Waters speaks to Daniel Simpson, managing director and head of enterprise software, and Armins Rusis, managing…
Buy-Side Technology Awards 2013: Best Pricing/Valuations Service—Markit
There are many companies that offer buy-side firms with pricing and valuation services, but few have the reach and reputation that Markit does for its work in typically hard-to-price assets. That’s hardly surprising when you consider that the company,…
Buy-Side Technology Awards 2013: Best Commodities Trading Platform—Misys
Sophis returns to the top of the commodities category for the second time in the BST Awards after having won this award in 2009. The firm has a lengthy buy-side pedigree, having been founded in 1985 by Hervé Vinciguerra. Misys acquired the Paris-based…
Buy-Side Technology Awards 2013: Best Buy-Side Performance Measurement and Attribution Product—BI-SAM
BI-SAM takes home this year’s best performance measurement and attribution product category, making it five wins for the Paris-headquartered vendor. As usual, this category was fought out by a small core of performance specialists, and BI-SAM, for the…
Buy-Side Technology Awards 2013: Best Buy-Side Risk/Portfolio Analytics Product—LCH.Clearnet
Given continuing regulatory change around risk and the cost of trading, innovative solutions that can combine the ability to crunch intensive calculations while still maintaining confidence through a list of definitive inputs are like gold dust—hard to…
Buy-Side Technology Awards 2013: Best Buy-Side EMS—Eze Software Group
In April of this year, RealTick LLC was acquired by Eze Software Group from ConvergEx Group. Its flagship product was renamed RealTick EMS. RealTick is a familiar name, having won the BST Award for the best buy-side execution management system (EMS)…
Buy-Side Technology Awards 2013: Winners' Circle—Eze Software Group
Jeff Shoreman, co-president of the Eze business at Eze Software Group, discusses the future of the company’s products, having won the best buy-side EMS and best buy-side OMS categories in this year’s Buy-Side Technology Awards. Interview by James Rundle
Buy-Side Technology Awards 2013: Best Buy-Side OMS—Eze Software Group
It would have been understandable if some buy-side firms had been worried when they heard that Eze OMS and RealTick EMS were being sold from ConvergEx Group to establish their own presence under the Eze Software Group moniker. On the order management…
Buy-Side Technology Awards 2013: Rolling Out the Big Gun
The last two editions of the Buy-Side Technology Awards have had a strong rugby union bias, given that the luncheon falls on the first Friday of November, coinciding with the Autumn Internationals, where the best teams from the southern hemisphere travel…
Markit Selected by ASIFMA for Hong Kong Electronic Equities Compliance
The financial information provider's Counterparty Manager technology will be deployed by buy-side and brokerage members of the Asia Securities Industry and Financial Markets Association ahead of new Hong Kong Securities and Futures Commission (SFC) rules…
ICE, DTCC Announce Closure of NYPC
The IntercontinentalExchange (ICE) and the Depository Trust and Clearing Corporation (DTCC) have announced that New York Portfolio Clearing (NYPC) will be wound down, with interest-rate futures listed on NYSE Liffe US moving to ICE Clear Europe.
Icap Appoints COO
Inter-dealer broker Icap has announced that Ken Pigaga will take on the role of global chief operating officer.
Eze Adds Workflow and Reporting Enhancements to Tradar 5.1
Eze Software Group has released version 5.1 of its Tradar PMS portfolio management system for the buy side.
Anthony Malakian: Weathering the Next Big One
In an age where machines are core to trading strategies on the buy side, Anthony says that data and, more importantly, analytics, should be at the heart of investment in order to avoid becoming the next headline-generating failure.