Trading Tech
Spotlight on David Merrill
FinAnalytica, a portfolio risk management software developer, has appointed David Merrill as chief executive as part of a new management team; Andrew Huddart has been named chairman and Boryana Racheta-Iotova promoted to president. Merrill discusses…
VaR comes in for criticism
The credit crisis has uncovered the weaknesses of many risk management models and risk mitigation approaches. The rating agencies' reputations have also come under the spotlight as their reputations and reliability have been called into question. Value…
It all comes down to data
If there is one thing you would have thought financial firms would have grasped by now, it's that having a centralised source of data - a golden copy if you will - is a good idea. By Emily Fraser . How many times have we heard Mike Atkin of the EDM…
Spotlight trained on OTC pricing platforms
A new Celent Communications report evaluating providers of pricing tools for OTC derivatives and structured products finds that vendors have stepped up efforts to support clients under pressure from investors and regulators for more transparent and…
Risk's rich tapestry
From time to time we at BST select topics for monthly features that prove challenging to contain within three or four pages. This month's article on real-time risk is a case in point; while the meatiest angles of the issue made it into the feature, some…
Risk in progress
For years, the notion of real-time risk management to better inform buy-side traders prior to making executions has proven elusive. And now that lessons learned from the ongoing global financial crisis continue to mount, the value of real-time pre-trade…
Right place right time
Client reporting has taken on new levels of significance over the past 18 months in the wake of the sub-prime fiasco and the ensuing contraction of the global financial services industry. Buy-side firms, arguably more so now than at any time in the past,…
Munder Capital live on Advent APX
Munder Capital Management , the $21 billion Michigan-based investment manager, has implemented Advent Software's Advent Portfolio Exchange (APX) portfolio and client management product in order to run its fixed-income and equity holdings on a single…
Born in a storm
James Caird Asset Management could not have launched in a more challenging environment when it opened its doors for business in July last year. Victor Anderson speaks with Olivia Erby about the ongoing challenges facing the fund, its reliance on…
JonesTrading Adds International Trading Desk
LOS ANGELES-Agency-broker JonesTrading Institutional Services announced today, June 1, that it has deployed the international trading capabilities of its order management system (OMS) and connectivity provided by Fidessa to support the firm's new…
Citi Maps Out European Strategy
As new European markets pop up taking liquidity from long-established exchanges, investment banks find themselves chasing liquidity down a maze of various trading venues. DWT European reporter Cecilia Bergamaschi sits down with Jack Vensel, managing…
Canadian ATSes, SOR Drive FIX Adoption
TORONTO-Although the proliferation of the FIX messaging protocol in Canada has been behind the U.S. or Europe, the changes in Canadian capital markets and how industry members are responding to them highlight the need for greater adoption of the protocol…
Neonet Plans Global CorvilNet Deployment
JERSEY CITY, N.J.-In an effort to attract more high-frequency traders, Swedish agency brokerage Neonet will deploy the latest version of the CorvilNet latency monitoring device from latency monitoring vendor Corvil, vendor officials announced today, June…
Microsoft Ready to Join CEP Fray
NEW YORK-Software giant Microsoft is in the final stages of preparing for the July launch of its beta testing and technology acceptance program (TAP) for its complex event processing (CEP) offering, which it plans to ship in the first half of 2010, say…
Fixnetix Hosts Bats Europe
LONDON-Clients of Bats Europe now have the option to co-locate their servers in the same datacenter as the multilateral trading facility's (MTF's) matching engine via a new service offered by trading connectivity and market data distribution vendor…