Trading Tech
Intelligence + Governance = Survival
Financial organizations are slowly recognizing that a dedicated commitment to data quality is essential to ensuring accurate risk planning and business process returns, says Harte-Hanks Trillium Software's Ed Wrazen
Integration Time
Following the recent market turmoil, most market participants expect to see more regulation, particularly in the OTC derivatives market. The credit crunch has highlighted numerous issues with existing processing of these instruments - one of which was…
Markit tackles equity transparency problems
Markit, the London-based pricing and valuations data provider, has launched a web-based market-share analysis product to provide greater insight into liquidity in European equities.
Fanning the flames
Recent short-selling restrictions introduced by the SEC have seemingly realised hedge fund managers’ worst fears: heavy-handed regulation making little distinction between legitimate and below-board investment tactics, coinciding with the most…
SunTrust Banks buy-side units switch to hosted Linedata Services systems
SunTrust Banks, a financial holding company operating in the southeastern US, has gone live on hosted versions of Linedata Services' LongView Trading Order Management System and Linedata Compliance platforms for three institutional and wealth management…
Northern exposure
Grant Speirs recently made the northern trek from Cape Town to London to assume the position of group financial director at investment manager M&G, the holding company of his previous firm, Prudential Portfolio Managers. He speaks with Victor Anderson…
Doing what it says on the tin
Given the ongoing challenges facing buy-side firms in their attempts to accurately and transparently value hard-to-price securities, it is no surprise that the industry has witnessed the launch of a number of services designed specifically to address…
Month in Numbers
'The decision to get an automated reconciliation engine was a no-brainer - doing cash and scrip reconciliations is not a value-add. It's hugely important from a risk perspective, but should we be using intelligent staff to do something so menial?'
Case study Perfect partners
Guernsey-based Corazon Capital has been through a number of organisational changes in its twelve-year history, which culminated in the implementation of a new investment management platform developed by Third Financial Software at the end of last year …
The party's over
One of the by-products of the ongoing global financial meltdown is the likely cessation of self-regulation for buy-side institutions.
Fidessa fragmentation index hits the spot
London-based trading platform provider Fidessa group has seen strong demand for its Fidessa Fragmentation Index (FFI) since it was launched in mid-November 2008. The web-based service is free to use and provides a numerical indicator of how much a…
Idiosyncrasies of counterparty risk
Out of all the skeletons now hanging (thankfully) in the 2008 closet - from Lehman Brothers and Bear Stearns to Jérôme Kerviel, Samuel Israel III and, of course, Bernard Madoff - one lesson should have been universally learnt: when you're investing money…
Technology spending to drop 5% during 2009
Ongoing challenges impacting financial market participants is likely to drive down technology spending at buy-side firms even though they are being spurred by regulators and investors to enhance their enterprise-wide risk management and transparency…