New York puts on a brave face at Best Ex 2008

Best Execution 2008, the New York buy- and sell-side event jointly hosted by DWT and Buy-Side Technology provided the perfect opportunity for US-based financial firms to show the extent to which trading-related issues still dominate their interest despite the ongoing turmoil in the global financial markets. The day-long event, held at the W Hotel (Union Square) in mid-town on 25 September, could not have coincided with a more uncertain time in what has been a tumultuous past 18 months for the US

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A rough race begins: Industry faces uphill transition to T+1 settlement

With T+1 compliance set to begin next May, firms will likely be burdened by reduced IT budgets, existing legacy systems and manual processes over the next 15 months. So, while faster settlement will help innovate the middle and back office, some argue industry needs a longer timeline.

Build versus buy: How to evaluate your software

For as long as the investment management industry has used software, there has been a debate about whether asset managers should build or buy their tools. Jonas Svallin, global head of quantitative research and product development at FactSet, argues that…

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