Tech
Benchmark Aims to Bring Pricing Transparency to Corporate Bonds
Benchmark Solutions aims to provide independent, third-party pricing to firms building their own electronically executed corporate bond trading platforms.
Son Named Penson Interim CEO
Daniel Son takes over the role from his co-founder.
Numerix Opens Taiwan Presence
Vendor establishes office in Taipei.
Bank Pekao Rolls Out SunGard's Valdi for WSE Connectivity
Bank Pekao's traders will use Valdi to help improve and monitor order flows and provide a sales trading service.
Capital Support Bags Bricknell
Former RAB CTO joins in technical lead role.
Edwards Joins Equipos in Partner Manager Role
Edwards joins Equipos from Microsoft, where he led industry market development for the financial services sector.
Jon Ross Steps in as Getco CTO
Ross is the latest in a series of upper-management changes at the HFT shop over the last six months.
James Rundle: Whale for Breakfast
JPMorgan’s losses from the ‘Whalegate’ fiasco have reignited debate on the Volcker Rule. Risk metrics, or the alteration thereof, are being blamed for this latest example of trading malfeasance, but James says it’s continued vagueness over regulation…
Anthony Malakian: Stressed Out
Due to the financial meltdown and subsequent regulations, firms are challenged with finding a balance when going about stress testing. Anthony says that while the initial cost may be steep, the rewards can be great for everyone involved.
Michael Shashoua: The Crawl of Progress
Global regulatory authorities have inched just a little bit closer to defining what the LEI will be and how it will be administered. The Financial Stability Board’s plans for a three-tiered administrative structure inspires more questions about how to…
Max Bowie: Technology Is Getting Smaller, and So Is Sifma
When it comes to technology, from mobile devices to datacenter footprints, small is usually beautiful. But a smaller footprint isn’t always good: The annual Sifma technology exhibition was once again even smaller than in years past. Max asks whether…
Forum and Function: Ideas Spring from Online Forums
Behind the big, complex ideas that make financial technology work, there is one small, simple idea. Jake Thomases looks beneath the million-dollar buzzwords at the humble internet forum, which is helping to spread big ideas faster than ever before.
Layer Cake: The Rise of Platform-as-a-Service
Cloud is the catch-all term encompassing a number of different components. Of those, software-as-a-service is the most prominent, although platform-as-a-service now offers similar, predominantly hardware-focused benefits to the financial services…
Momentum Trading's Garrett Nenner Combines Tech Savvy with Human Logic
Garrett Nenner has spent the last two decades shuffling between the sell-side and buy-side worlds. Now at broker Momentum Trading, Nenner has learned to combine technological savvy with human logic. By Anthony Malakian with photos by Amy Fletcher
Cantor Fitzgerald CTO Todd Berlent Runs Technology Like an Ultra-Marathon
Whether developing corporate strategy or completing an ultra-marathon, Todd Berlent exhibits a relentlessness few might expect from a CTO. But, as he sets about implementing a broader vision for technology at Cantor Fitzgerald, fewer still should…
Speed Trap: The Challenge of Risk Management On Demand
Volatility in the markets, the advent of algorithmic trading strategies, and ever-increasing trading volumes at faster speeds have led to the need for risk aggregation that can be run on demand, writes Steve Dew-Jones.
July 2012: People Power
Technology may be the driver of the industry, but Victor says people and their relationships are at the heart of it.
Vendor Relationships: What Lies Beneath
Consensus among buy-side firms is that there can sometimes be a world of difference between expectations and reality when dealing with a vendor. Steve Dew-Jones canvasses opinion on the most important considerations before awarding a technology or…
FXall Adds FX Options
Bank of America Merrill Lynch and Credit Suisse were involved with the development process.
Analec Unveils ResearchWise to US Market
This is the second US roll out for the Singapore-based company.
ICE Rebrands YellowJacket Messaging
The new ICE Chat service will be available as a value-add to all WebICE users.
Ativa Live With Ullink's Trading Platform
Ativa also tapping Ullink's pre-trade risk and DMA monitoring software.
Renaissance Implements Calypso for Back-Office Ops
First phase completed, with additional go-lives scheduled for 2012.
KLP AM Selects Algorithmics for Risk Management
Asset manager will implement the Algo Risk Service across all its portfolios to create a more integrated risk management function linking its portfolio managers, risk managers and client advisors.