Tech
Michael Shashoua: E.T.—The Extra-Territorial
Extraterritoriality, an idea that seemed alien at first, is rapidly increasing in importance for data management. Michael provides some explanations and considers how this concept may make an impact on multiple functions at financial services firms.
Anthony Malakian: A Data Chief on the Buy Side? Not So Fast
Some large banks have created the role of chief data officer in recent years. However, Anthony says this is not a trend that is likely to catch on anytime soon on the buy side.
Mobility Webcast: Anytime, Anywhere
In a recent Waters webcast on mobility, a number of key themes were addressed, including treading the fine line between regulatory obligations and personal privacy, managing multiple devices and a burgeoning IT infrastructure, and using mobile strategies…
The Lost Generation of Corporate Bond Platforms
Corporate bonds today remain among the most manual instruments to trade. But it did not have to be this way. Starting as far back as the late 1990s, attempts have been made to automate institutional credit trading. In part one of this two-part feature,…
Nasdaq OMX Launches Derivatives Venue NLX
Nasdaq OMX is today launching NLX, its new London-based derivatives market after it received regulatory approvals and announced its initial participating institutions.
Newedge Deploys Succession Systems for Pre-Trade Risk Management
Broker-dealer Newedge has rolled out Succession Systems’ TripleCheck product, ahead of the May 31 deadline for entities trading in Canada to comply with Investment Industry Regulatory Organization of Canada (IIROC) rules regarding automated trading risk…
SST Awards 2013: Patrick Myles, Caplin Systems
Patrick Myles, CTO of Caplin Systems, speaks to Waters' Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
SST Awards 2013: Jeff Britell, IPC
Jeff Britell, vice president of carrier & exchange relations at IPC Systems, speaks to Waters' Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
SST Awards 2013: Louis Lovas, OneMarketData
Louis Lovas, director of solutions at OneMarketData, speaks to Waters’ Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
SST Awards 2013: Jim Jockle, Numerix
Jim Jockle, chief marketing officer at Numerix, speaks to Waters’ Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
SST Awards 2013: William Kennedy, Activ Financial Systems
William Kennedy, global head of business development at Activ Financial Systems, speaks to Waters’ Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
Striking a Balance on Operational Risk
The culture within the financial services industry has, unsurprisingly, become much more risk aware since the 2008 crisis. Under such conditions, how can fund administrators balance managing operational risk against achieving efficiencies, while at the…
SST Awards 2013: Kurt Eldridge, SmartStream
Kurt Eldridge, sales director for the US for SmartStream, speaks to Waters’ Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
SST Awards 2013: John Bates, Progress Software
John Bates, the CTO and founder of Progress Software, speaks to Waters’ Jake Thomases at the 2013 Sell-Side Technology Awards, held in the New York Marriott Marquis.
Exit Stage Left For JPMorgan CIO Chiarello
JPMorgan CIO Guy Chiarello is stepping down, according to an internal memo circulated within the bank and seen by the Wall Street Journal.
'Trust But Verify’ Key to Contracts Post-Bloomberg Spying Scandal
With renewed focus on security protocols for data and communications, conventions already in place for trading platforms are a good place to start.
RMS, Eqecat Sign Data Standardization Agreement
The pair of competing specialist modeling vendors for insurance-linked securities (ILS) like catastrophe bonds have come together to harmonize their exposure data schema.
Clearstream Nudges DVP Settlement in Russia
Clearstream has announced it will deliver its new Russian delivery-versus-payment (DVP) settlement solution later this week, to help accelerate the set-up of an effective post-trade framework in Russia.
Chi-X Canada Launches CX2
Chi-X Canada ATS has announced the successful launch of its second Canadian alternative trading system, CX2.
Nasdaq Fined $10 million for Facebook IPO Failings
The US Securities and Exchange Commission (SEC) has levied a $10 million fine on exchange operator Nasdaq, in response to its system failings while conducting the initial public offering (IPO) for Facebook.
Citi Opens ‘Open' to Client Base, Improves Order Entry and SOR
After working with its buy-side clients and vendors, Citi made several announcements today: It will now make available its Citi Open algorithm to its entire client base; it has enhanced its Citi Close algorithm; it has redesigned its global order-entry…
New Vernon Capital Moves to Gravitas Cloud
Jersey City-based asset manager New Vernon Capital has migrated its infrastructure to Gravitas Private Cloud.
CQG Lowers Latency on Deutsche Börse Event-Driven Trading
Denver-based vendor CQG has partnered with Deutsche Börse to provide automated, event-driven trade execution via the AlphaFlash Trader application through the CQG Integrated Client and CQG Trader application programming interfaces (APIs).
PEAK6 Chooses SunGard for Investment Management
PEAK6 Advisors, a Chicago-based asset manager specializing in alternative investments, has gone live with SunGard's Front Arena and Monis solutions for portfolio and risk management, valuations and trade processing.