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Month in Numbers

'The decision to get an automated reconciliation engine was a no-brainer - doing cash and scrip reconciliations is not a value-add. It's hugely important from a risk perspective, but should we be using intelligent staff to do something so menial?'

Protiviti report: buy side still fancies derivatives

According to a new report from Protiviti, a UK-based risk consultancy, the use of derivatives by fund managers will rise over the next 12 to 18 months despite market turbulence and record levels of redemptions from hedge funds. Protiviti has found that:

Ionic Completes KTS Migration

UK-based data vendor Ionic Information has completed the migration of former clients of Knowledge Technology Solutions' MarketTerminal product onto Ionic's Alpha terminal data display.

Quod Eyes Trade Data for Buy-Side App

Trading software vendor Quod Financial is testing a new smart order routing system for buy-side firms that will integrate post-trade data from exchanges and other trading venues, including dark pools of liquidity.

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