Trading Tech
The Bottom Line in 2009
The data management world is already anticipating how the credit crunch will affect the industry in the coming year. Carla Mangado asks what the future holds for reference data teams, budgets and priorities
European Corporate Actions - The Standards Journey
The European corporate actions market is experiencing a growing number of complex notifications, putting additional stress on already over-worked teams. Standardization is the obvious way to solve the problems, but it is still not hitting the agenda in…
Standards Matter
The lack of standard symbology continues to be a fundamental problem in financial markets, and the credit crunch has further emphasized that there is an imminent need to fix this issue. Carla Mangado explores the opportunities for a commercial entity to…
Access Denied
The financial crisis has resulted in data managers experiencing a growing number of 'last minute' and ad hoc data requests. How can reference data teams optimize data accessibility to better meet the new demands? Tine Thoresen reports
OCL Adds a DealHub Deployment
LONDON-Options Computer Limited (OCL) has deployed its DealHub internal trade netting tool with an existing client-bank, enabling it to reduce more than 100,000 component trades to 1,000 aggregate trades, say vendor officials.
Broadridge Expands Ascendis Suite
NEW YORK-Financial technology outsourcing provider Broadridge Financial Solutions will add institutional brokerage features to a product in its Ascendis suite of offerings, say vendor officials.
Seamico Selects GL Net for DMA
BANGKOK-Starting in early 2009, clients of Thai broker Seamico Securities will be able to route its orders to the Stock Exchange of Thailand (SET) via a new direct market access (DMA) offering from Seamico, according brokerage officials.
Transparency worries persist in post-Mifid era
More than a year after Mifid's implementation, the European buy side continues to suffer from poor market data and inadequate post-trade transparency. When the regulation came into force in November last year, it required that all trades executed in the…
And the winners are...
After much deliberation Buy-Side Technology has announced the winners of this year’s buy-side technology awards; this year’s ceremony was held at the Lanesborough in London and featured 95 entries across 18 categories with a mix of last year’s recipients…
Head in the clouds
By the time the glasses were raised and the soup was served at last month's Buy-Side Technology Awards lunch, I don't think I was alone in sensing a slight air of tension in the dining room of London's Lanesborough hotel. That wasn't because of the…
Oceanwood live on LZ front-office platform
Oceanwood Capital, the London and Boston-based investment manager with $1.7 billion under management, is live on Capstone, Fidessa LatentZero's integrated front-office platform. The implementation saw Fidessa LatentZero partner with CITCO Fund Services,…
McDonnell IM switches to ASP version of Eagle system
McDonnell Investment Management, a Chicago-based fixed-income manager with approximately $12 billion under management, has switched from an installed version of Eagle Investment Systems' accounting platform to the vendor's hosted offering, Eagle Access,…
Spotlight on Neal Goldstein
As it expands operations across new markets around the globe, Liquidnet has named Neal Goldstein head of enterprise technical services to oversee the firm's development of global infrastructure standards. Goldstein will also manage infrastructure…
Hedge fund IT spending to fall below $1 billion
As hedge fund managers square up to the most precipitous market challenges in their history, the global hedge fund industry will likely have to contend with the prospects of fewer funds in business, lower total assets under management, and slashed…