Waters
Crowded House: Too Many FX Electronic Platforms?
Given the number of releases within the foreign exchange market of late, it’s fair to say that the most liquid asset class is experiencing a technological revolution. Is there an over-saturation of platforms, however, and what level of sophistication is…
What's Cooking For September's Waters
Jake Thomases and Tim Bourgaize Murray give a sneak peak at the stories they're working on for the September issue of Waters.
Open Platform: A Risk-Intelligent Bank?
In a period of heightened regulation resulting from the financial crisis, banks are facing more intense scrutiny than ever. History dictates that regulators will always be behind the curve, taking a reactive approach to risk management. With this in mind…
Are You Ready for 'Bigger' Data?
Banks’ legacy systems are struggling to cope with the ever-increasing volumes and speed of data. Steve Dew-Jones highlights some of the major considerations for the financial services industry if it is to catch up with other sectors.
Twitter: Alpha Generator?
Social media has revolutionized the way people communicate, personally and professionally. But can financial services institutions use the information shared through internet phenomena such as Twitter and Facebook to generate alpha? By Steve Dew-Jones
Eris Exchange Seeks to Futurize, Standardize, Capitalize
Eris, the Greek goddess of discord, inadvertently started the Trojan War by pitting the gods against each other. Neal Brady doesn’t want a war, or even discord. He wants Eris Exchange to grow through the unity of standardized contracts. An innovative…
The Center Ground: CCPs Could Shift—Not Eliminate—Systemic Risk
On July 4, 2012, the Council of the European Union adopted a regulation that will see standardized derivatives contracts in Europe cleared through central counterparties. Designed to reduce systemic risk in the over-the-counter derivatives markets, how…
60 Seconds with ...
Chip Register, senior vice president and managing director, Sapient Global Markets
August 2012: Armageddon? What Armageddon?
So far, 2012 hasn't produced the avalanche of heavy-handed regulations that the industry feared it would. Instead, Victor says the upcoming US election necessitates a more measured approach.
Anthony Malakian: Wall Street's People Problem
Financial IT has witnessed significant changes in recent years as cloud, mobility and Big Data have become the parlance of the day. In order to satisfactorily address these paradigm shifts, Anthony says that Wall Street needs more of a grassroots…
Jake Thomases: A Step in the Right Direction
It’s not often that when it comes to introducing new regulations, the SEC garners appreciable industry support. But as Jake explains, one of the regulator’s most recent pieces of legislation affecting large swaths of the US financial services industry,…
Michael Shashoua: Data-Handling Storms
At the recent Toronto Financial Information Summit, participants considered whether analytics, visualization, or management and governance techniques deserve the most attention as the industry seeks to comply with new regulation and standards. Michael…
Max Bowie: When Competition Fails, Data Quality and Cost Suffer
In any healthy marketplace, the price of any service is always under pressure—if not from bodies that regulate fees, then from market forces and the price consumers are willing to pay. But with the Libor rate-fixing scandal raising questions over data…
Waters Rankings Winners' Circle: IPC Systems Communicating Regulation on the Trading Floor
IPC has proved its dominance once again by winning Best Trading Floor Communication System Provider in this year’s Rankings, the fifth consecutive year for the company, and the eighth time overall.
Waters Rankings Winners' Circle: Numerix Advances Cloud Risk Strategy
Numerix’s dual wins for Best Credit Risk Solution Provider and Best Risk Analytics Provider have cemented its position as an industry leader in this ever-competitive field.
Waters Rankings Winners' Circle: For Thomson Reuters, the Data Is the Product
The information giant once again stormed the Rankings this year, winning Best Low-Latency Data Feed Provider for the third year in a row, and Best Reference Data Provider.
Waters Rankings Winners' Circle: Instinet Targets Broker-Dealers in Sell-Side Push
Instinet’s agency-only model, along with its deep penetration in global markets and technical development in analytics, has helped elevate its Newport EMS to an industry-leading position.
Waters Rankings Winners' Circle: SAP Acquisition Pays Dividends for Sybase
Sybase has, once again, taken gongs at the Waters Rankings, voted Best Enterprise Data Management Systems Provider and Best Complex Event Processing Solutions Provider by Waters readers.
Mountain Lions: Pursuit of IT Innovation Keeps BlueMountain Ahead of the Pack
BlueMountain Capital Management, under the leadership of Michael Liberman, has assembled a core of technologists and quants that have made the New York hedge fund one of the most innovative asset managers in the industry for the best part of a decade. By…
Waters Rankings: Where Have the Last 10 Years Gone?
The Waters Rankings, now in their 10th year, have never been more closely contested between nominees, or more popular among Waters readers, illustrating the extent to which buy-side and sell-side firms have come to rely on technology and services to…
Waters Rankings' Best Agency Brokerage: ConvergEx Group
1. ConvergEx 25.7% 2. ITG 21.5% 3. Instinet 20%
Waters Rankings' Best Crossing Network Provider: Liquidnet
1. Liquidnet 16% 2. Goldman Sachs 15.1% 3. NYSE Technologies 12.1%
Waters Rankings' Best Sell-Side Clearing Provider: JPMorgan
1. JPMorgan 12.1% 2. Goldman Sachs 11.3% 3. Deutsche Bank 10.2%
Waters Rankings' Best Exceptions and Reconciliation Management: Omgeo
1. Omgeo 26.8% 2. SunGard 22.9% 3. SmartStream 16.9%