Tech
Does Speed Still Sell?
It’s been a very buy-side focused week, here at Sell-Side Technology. On Friday, we had the seventh annual Buy-Side Technology Awards, and around that, of course, all of the organizational and editorial work it entails. Thanks have to go to everyone…
Low Latency Still Sells, Says Microsecond-Breaking Exablaze
Count Australian hardware provider Exablaze among those who believe that the latency race is far from slowing down. The Melbourne-based vendor spun off from high-frequency trading (HFT) firm Zomojo in May with the intention of building high-speed network…
Buy-Side Technology Awards 2013: The Winners & Write-ups
Buy-Side Technology is pleased to announce the winners of the seventh annual Buy-Side Technology Awards. The Awards were held earlier today, Nov. 1, at the Waldorf Hilton in London. The guest of honor was former England rugby union international Will…
Tradeweb Revamps Retail Fixed Income With BondDesk Buy
Tradeweb Markets, a builder and operator of fixed income and derivatives marketplaces, has completed the acquisition of BondDesk Group, a provider of retail fixed income wealth management and trading technology, which Tradeweb purchased in September.
Mongolia's ResCap Securities Live on NRI/Omnesys/GII Platform
Nomura Research Institute's Financial Technologies India (NRI FT India) division has partnered with Omnesys Technologies and Global Investment Initiative (GII) to build and modernize financial and trading infrastructure in the Mongolian marketplace via a…
South African CSDs Create Collateral Management Industry Forum
South African central securities depository (CSD) Strate, and Deutsche Börse’s Clearstream international CSD have announced the creation of a Collateral Management Industry Forum for the South African financial market.
NYSE Euronext and ICE Postpone Merger Closing Date
NYSE Euronext and IntercontinentalExchange (ICE) have delayed the closing date of the $8.2 billion merger transaction, as the deal is still pending European regulatory approvals.
60 Seconds with Eric Clarke, Orion Advisor Services
Eric Clarke, president and CEO, Orion Advisor Services
Symphony Technology Group Live on iLevel
The Palo Alto-based $2.0 billion specialist private equity firm, known as STG, invests in midsize enterprise software and services companies, and is set to use iLevel's private capital data platform.
Bank of Singapore Takes Ullink's OMS and Connectivity
Bank of Singapore has selected Ullink’s connectivity and order management systems.
Change Management: CIFC's Enrique Smith on IT and Finding God
From the day he walked through the door at CIFC, Enrique Smith was tasked with rebuilding the asset manager’s technology stack. Making big changes isn’t an issue for him, if his personal life is any indication. By Jake Thomases with photos by Amy Fletcher
Tora Adds Short Sale Functionality to Compass to Address New Regs
To address new rules from the Japanese Financial Services Agency (JFSA), Asia-focused buy-side technology vendor Tora has enhanced its Compass solution to allow buy-side firms to stay compliant with a new short-selling mandate.
Analytics Poised to Lead Future Financial Services Change
While analytics tools are pervasive in retail financial services, their growth in capital markets is being driven by a number of factors. With a range technologies now at the disposal of both buy-side and sell-side firms, how will their use evolve? This…
Buy-Side Data Governance Requires a Cultural Change
At a recent Rimes Technologies roundtable, hosted by Waters, senior representatives from the buy side debated the issue of data governance within asset management firms. The problem with implementing effective governance, they said, may be cultural…
Letters from Geneva: EFG International's COO Mark Bagnall
Contemporary private banks are more engaged with capital markets and regulatory authorities than ever before, which some say spells their demise—and yet the need for their services grows, fueled by emerging affluence in new parts of the world. It is a…
Filling the Void: Buy Side Steps into Shadow Banking
As banks back out of the direct lending sector due to capital constraints, buy-side firms are filling the void. While that has provoked growing concerns from regulators, the returns have been solid for hedge funds in particular, but it has also required…
Michael Shashoua: Central Potential
The ongoing and increasing efforts to centralize key reference data elements in single locations could be coupled with other data management innovations now being explored or already underway. Michael identifies these elements and innovations, and…
Anthony Malakian: BST North America: Of Data and People
This year’s Buy-Side North American Summit served up valuable insight into the areas of data management, risk management and the ongoing importance of getting the business on board with IT initiatives.
James Rundle: Patterns of Behavior
While technology has allowed for ever more intelligent market manipulation over recent years, James argues that the intelligent application of emerging methodologies also provides the sell side with the means to effectively and comprehensively beat the…
Deutsche Börse Preps for HFT Regulation
Deutsche Börse has released version 14.0 of its electronic trading system, Xetra.
Maxim Implements SunGard Amid Growing Broker Trend
Maxim Group, an 11-year-old specialist brokerage, has added to its arsenal of SunGard products by implementing the provider's VPM portfolio accounting solution. The move is a result of of heightened transparency demands, but also a sign of Maxim filling…
Tablets on the Trading Floor
We are witnessing a true revolution in how financial services firms do their work. More than two decades after the arrival of PCs, the internet, and electronic trading tools, financial services professionals are looking to be truly mobile.
BI-SAM Adds Frongello for Client Training
BI-SAM has announced that Andrew Frongello has joined the firm as its director of learning and development, focusing on client training programs run by the vendor.
Misys Appoints Häring as CMO
Global technology vendor Misys has announced the appointment of Martin Häring to the position of chief marketing officer (CMO).