Buy-Side Technology/Analysis
The Roadblocks to Investing in Innovation
In part three of a three-part series, members of Japan's trading community discuss the decisions they have to make about what to invest in, and what will have to wait for another day.
Japan's Trading Firms Work to Automate FX, Fixed-Income Platforms
At this year's Tokyo Trading Architecture Summit, panelists for two Japanese trading firms discussed how they're working to automate their systems.
D.E. Shaw Technologist: 'Eliminate IT'
The conflict between IT and business is well documented. One soldier in that fight suggested something more than baby steps.
SEC's Berman: The Data Disputes HFT Narrative
The US Securities and Exchange Commission's (SEC’s) office of analytics and research has run extensive studies in the past year on cancellation rates and other market activities related to high-frequency trading (HFT). Citing the results, Gregg Berman,…
CIOs, CTOs Talk Data Management Frameworks
Sound data management is a three-tiered solution, Lord Abbett CIO Michael Radziemski told his audience during the C-level roundtable at today's North American Trading Architecture Summit. The lowest level is the authoritative data sources. The middle…
Hackathon Generates Culture Change and Data Tool
SunGard's hackathon designed to foster innovation drew 425 participants across 17 cities around the world. And now one of the products of the 48-hour coding fest is being integrated into the vendor’s XSP solution.
Heartbleed Bug Demonstrates Challenges Around Cyber Security
Earlier this week, a major hole in the OpenSSL open-source cryptography library was reported. The bug, dubbed Heartbleed, may affect 66 percent of the SSL servers on the Internet, according Internet research firm Netcraft.
Cross-Lending Takes Shape, Upending IT Demands
The teams servicing traditional commercial lending and credit facilities for private equity and venture capital shops have historically sat on separate sides of the bank. But as sell-side firms become more flexible in the types of lending they pursue,…
HFT as Seen Through an Op Risk Lens
At an operational risk conference, US Bancorp's head of quantitative analytics explained how the Flash Crash and HFT should be viewed through an operational risk lens.
HTML5 Developers in Demand; Charting Gains Greater Attention
As Wall Street firms increasingly are turning to HTML5 as the preferred programming language for trading applications and mobile, trading firms are now finding themselves competing with Silicon Valley for development talent.
Making a More Accurate Clock in the Cloud
Time synchronization attempts in the cloud have produced comical effects. FSMLabs thinks it has the answer.
Long on Bitcoin: Perseus and Atlas ATS Burnish Digital Currency, Target Market-Makers
Despite recent headline-splashing travails, Bitcoin is steadily gaining reception among the world's largest market-makers and funds like Fort Hill Capital. Atlas, an alternative trading system, and network services provider Perseus are meeting that…
BNY Mellon Survey: Institutional Investors More Focused Than Ever on Risk Management
A recent survey by BNY Mellon, New Frontiers of Risk: Revisiting the 360° Manager, has found that institutional investors are more than ever focusing on their risk management capabilities, and are also on the look-out for new sets of risk tools.
ITG Targets Emerging Hedge Funds with New OMS, EMS
Will Geyer, head of platforms at ITG, and John McKeon, managing director of platforms, discuss the broker's latest applications.
Ex-Cantor Team Launches Lucera, Targets High-Frequency FX
The low-latency infrastructure provider has set out to offer the industry a flexible cost scheme that is particularly applicable to trading in fragmented markets like foreign exchange (FX).
For Eaton Vance, SEF Aggregation Demonstrates 'Art of the Possible'
Ahead of the functional made-available-to-trade (MAT) deadline for certain fixed-to-floating interest-rate swaps, Boston-based asset manager Eaton Vance sought to combine familiarity of trading protocol with control over information leakage. The result…
Data Interoperability Needed For Hedgers After EMIR Deadline
Properly creating unique trade identifier (UTI) data is only half the challenge for buy-side firms as the European Market Infrastructure Regulation (EMIR) reporting mandate takes hold today. The other half? Making sure counterparties are doing the same…
Is IBOR Just a Buzzword?
Moderator Barry Chester, wrapping up a panel discussion on the business case for installing an investment book of record (IBOR), asked a question that should be asked of any hot new piece of technology: Is IBOR just a buzzword? Surprisingly, not everyone…
Four Drivers to Develop an IBOR
At this week's IBOR Breakfast Briefing, consultant Barry Chester laid out four key drivers for establishing an investment book of record (IBOR).
There's No One Way to Justify an IBOR, Reveals Waters Panel
There is no one way to make a business case for an investment book of record (IBOR). Not when an IBOR still means so many different things to different people. That’s why the panelists at Waters’ IBOR breakfast briefing were all over the map when it came…
Waters Panelists: IBOR Must Be Governable, Fit For Purpose
To gain traction, an enterprise-level investment book of record's (IBOR’s) capabilities must be eminently demonstrable and reflect buy-side processes already in place, said panelists at this week’s Waters IBOR Breakfast Briefing in New York.
CPPIB's Jay Vyas: Keep the 'I' in IBOR
When developing an investment book of record (IBOR), it's important that traders and portfolio managers retain ownership of the data and that the IBOR remains an investment function, and not a function of compliance or reporting, according to Jay Vyas,…
AIG's Kotch on Bridging the Cultural Gap in South America
AIG's Mary Kotch discusses the challenges faced when expanding US-based IT programs to Latin America.
Kaminski: Risk Management Investment Must Go Beyond IT
While Wall Street firms have recently thrown money into their risk management systems, that is likely a short-term trend, says Vincent Kaminski. This makes it all the more necessary for asset managers to invest in analysts and give them the ear of the…