Waters
European Firms Grapple with Algo-Tagging Rules
Although the flagging and tagging of algorithms is only currently required in Germany, under the German HFT Act, it is slowly making its way into Pan-European law. Marina Daras looks at the German rule to see how the algo labeling requirement under Mifir…
SROs Deploy Advanced Tech to Keep Up with Members
Self-regulatory organizations can’t tap into company profits like banks, nor can they rely on taxpayer funding like government regulators. Still, using only membership dues, they must carry out their registration and surveillance functions of national…
Tackling Teething Troubles: Examining the Current State of the OTC Derivatives Market
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently rolling out schemes that have been years in the making, establishing different trading venues,…
IBOR special report
May 2014 - sponsored by: Advent; Eagle Investment Systems; InvestTech Systems Consulting; Linedata; SimCorp
Sell-Side Technology Awards 2014: The Winners and Why They Won
In April, Waters unveiled the winners of the second annual Sell-Side Technology Awards, at a dinner event in Manhattan directly following the 2014 North American Trading Architecture Summit.
Sell-Side Technology Awards 2014: Best Sell-Side Technology Provider of the Year — Markit
The technology provider of the year is traditionally the final category of both the Sell-Side Technology Awards and the Buy-Side Technology Awards, and is the second of only two awards announced at the dinner, decided by the Waters journalists. All of…
Sell-Side Technology Awards 2014: Best Overall Sell-Side Product of the Year — GoldenSource EDM Platform
There is only one company that has managed to trump the mighty Markit when it comes to the best data management product in either the Buy-Side Technology or Sell-Side Technology Awards. That company’s name is GoldenSource, and this is the year that it…
Sell-Side Technology Awards 2014: Best Sell-Side Trading Network — SunGard
Nobody has put their imprint on the two-year-old Sell-Side Technology Awards like SunGard. With so many types of technology on offer, SunGard has won more categories than anyone else—four—including the granddaddy prize of best sell-side technology…
Sell-Side Technology Awards 2014: Best Sell-Side Mobile Initiative — Pershing
For banks, the ability to untether their workforce from their desks has become a key area of focus, especially when it comes to investment advisement. Pershing, through its NetExchange Mobile service, has aggressively rolled out new mobile functionality…
Sell-Side Technology Awards 2014: Best Sell-Side Trading Communication System — IPC
Having produced over half the world’s trading turrets, IPC is synonymous with communication technology in the financial sector. Between Alliance MX and Unigy, its two primary offerings, it claims installation at 2,600 sites with 118,000 users. More than…
Sell-Side Technology Awards 2014: Best Infrastructure Provider to the Sell Side — BT Radianz
The word “infrastructure” can mean different things to different people. But while the specifics can be contested—hardware, software, or something in between—the basic principle of infrastructure is its ability to provide a backbone for any organization…
Sell-Side Technology Awards 2014: Best Sell-Side Credit Risk Product — Numerix
Following a pair of 2013 Sell-Side Technology Awards wins for its CrossAsset credit risk platform, including sell-side product of the year, Numerix is back in the same position one year later—perched on top. But unlike the firm’s continued success in…
Sell-Side Technology Awards 2014: Best Sell-Side Market Risk Product — OpenGamma
Great outcomes are sometimes born of the unexpected. That truism is arguably more pertinent to OpenGamma, and its Platform for Margining offering—this year’s market risk award recipient—than any other category winner in this year’s Sell-Side Technology…
Sell-Side Technology Awards 2014: Best Sell-Side Automated Trading Platform — smartTrade Technologies
As the foreign-exchange (FX) market becomes increasingly automated and sophisticated, smartTrade Technologies has been carving out a niche for itself, while also making inroads into the lucrative fixed-income market. These efforts have led to the vendor…
Credit's IT Crunch
Credit teams face tremendous operational stress on both sides of the Street, while new kinds of data governance schema and advanced analytics are popping up, helping them to cope. A quartet of buy-side and sell-side technologists give their take on where…
Sell-Side Technology Awards 2014: Best Smart Order Routing Product/Tool — SunGard
They say that patience is a virtue and that good things come to those who wait. SunGard has done its time waiting in the wings recently across Waters various awards programs, which makes this win in the best smart order routing (SOR) product category…
Sell-Side Technology Awards 2014: Best Sell-Side Analytics Product — AlphaSense
The job of a sell-side analyst can be broken down into two basic parts: first, gathering relevant data, and second, producing insights based on that data. The latter function is largely up to the intelligence and experience of the analyst. The first,…
Sell-Side Technology Awards 2014: Best Implementation at a Sell-Side Firm — Torstone Technology
If London-based Torstone Technology were an athlete, it would fall squarely into the prodigy camp, having won an award—the best sell-side newcomer (product or category)—in last year’s inaugural Sell-Side Technology Awards, within a year of opening its…
Sell-Side Technology Awards 2014: Best Sell-Side Market Surveillance Product — Nasdaq OMX (Smarts Broker)
It wasn’t long ago that compliance and market surveillance were sidelined divisions, generally consisting of a couple of people seen as distinctly separate, even opposed to a bank’s other employees. But given the enhanced focus on and the need to comply…
Sell-Side Technology Awards 2014: Best Sell-Side Compliance Product — Citicom
Of all regulations with which sell-side technologists must ensure compliance, capturing, storing, and retrieving voice and text data for trading staff ranks among the most onerous. Citicom Solutions, through its Assure platform, is tackling this…
Sell-Side Technology Awards 2014: Best Outsourcing Provider to the Sell Side — Saxo Bank
When you think of a bank, it’s unlikely that you think of it as an outsourcer. Sure, banks use outsourced services and provide a range of technology and operational services to buy-side clients, but they don’t usually market themselves as an outsourcer…
Sell-Side Technology Awards 2014: Best Sell-Side Reconciliation Platform — SmartStream
SmartStream has a motto: Reconciliations is more than just matching. While the matching process is no doubt vital, true reconciliation requires seeing an order throughout the lifecycle of a trade through to resolution, says Tim Martin, product manager of…
Sell-Side Technology Awards 2014: Best Datacenter Provider to the Sell Side — Nasdaq OMX
There’s an arms race currently under way in the datacenter space that requires contenders to either build new and costly state-of-the-art facilities, or retrofit current datacenters in order to compete with other market players. Nasdaq OMX opted for the…
FBR CIO Tim Wood Cuts Costs, Tech to Grow Profits
Arlington, Va.-based investment bank FBR found itself in freefall during and after the mortgage crisis. CIO Tim Wood’s job description changed dramatically, from builder to cost-cutter. By putting his business skills to the test, he made dramatic but…