Trading Tech
Right place right time
Buy-side organisations have traditionally struggled to objectively measure the value they derive from the services pedalled to them by their sell-side counterparts. Now, with the introduction of Reg NMS in the US and Mifid in Europe, investment managers…
Spotlight on Tejpal Chadha
Starting over in the financial technology industry carries plenty of risks, but Tejpal Chadha has done just that. The former co-founder and chief technology officer of Vhayu has joined a new hedge fund technology platform developer, Nirvana Financial…
Seascape takes ClariFI's modelling and research platform
Seascape Capital Management, a New Hampshire-based investment manager running separately managed accounts, a mutual fund and a hedge fund, has deployed ModelStation, a quantitative portfolio modelling, research and attribution platform developed by…
Three new clients in the bag for CRD
Bridgeway Capital Management, the Houston, TX-based adviser to Bridgeway Funds, is to install the Charles River Investment Management System (IMS) to automate portfolio management, trading and compliance in its investment operations across all asset…
Anticipation grows for increased buy-side use of equity derivatives
Over-the-counter equity derivatives markets are growing at a slower rate than their credit derivative brethren, but the steady expansion of these instruments, combined with their risk characteristics and the changing requirements of pension funds and…
The bust of 2008
Making predictions can be either an embarrassing or an enlightening exercise. A recent blog posting that made the Incisive Media rounds last month was a reproduction of a page from a 1900-era edition of the Ladies' Home Journal . In the gloriously dense…
Learning on the job
Brian Mitchell, head of dealing and portfolio control at Baring Asset Management, is proof that you don't need an Oxford or MIT education to rise through the buy-side ranks. Victor Anderson speaks with him about how Barings formalised its execution…
Credit: the long and short of it
Credit-based hedge funds were particularly hard hit by the US sub-prime fiasco and the ensuing liquidity crisis, most notably in the CDO market. But as Matthew Atwood discovered during Credit magazine's roundtable held last November, credit still has an…
Who Said What And When
BST's 'Big Interview' featured a number of buy-side practitioners with a variety of views during 2007...
New Advent client installing APX and Moxy
Square Capital , a London-based wealth management firm with $500 million under management, is in the process of rolling out Advent applications for portfolio and order management.
A Market Data Christmas Carol
After returning home from the FISD's holiday party last week, I was woken by the sounds of a horrible wailing and the noise of chains dragging on the ground as the specter of late, great market data manager Jake Marley appeared before me.
Guest Editorial - Prepare to Shift Gears
With globalization, algorithmic trading and regulatory initiatives forcing vendors to 'walk the walk' this year, remaining focused on basic client needs will be a key differentiator in 2008. In this exclusive guest editorial column, Thomson Financial…
Exchanges Jostle for Position with New Venues
The global exchange landscape saw a slew of merger and acquisition stories unfurl over the course of 2007. But while the largest exchanges develop into global powerhouses of data and trading activity, expanding both geographic and asset class coverage,…
CEP Becomes Less Complex
Complex event processing took steps towards standardization during 2007, with vendors seeking to simplify the mystique surrounding the CEP and stream-processing space, opening themselves more to partnership and collaboration, and calling for measurable…
Data Volume Explosion Continues
US options and equities exchanges experienced a continuation of unprecedented growth in message rates during 2007, causing vendors' and user firms' data infrastructures to struggle under the sheer volumes of market data, and spurring adoption of new…