Buy-Side Technology/Analysis
PTP Gains Traction as De Facto Latency Monitoring Protocol
As financial services firms look to improve their latency monitoring and measuring, PTP is gaining greater acceptance as Wall Street firms move away from NTP, the traditional protocol for clock synchronization.
Citing Tech Concerns, Sifma Pushes Back on SEF Deadline
Sifma has sent out a final plea to regulators to push back next week's swap execution facility (SEF) registration and compliance deadline—largely because technology questions remain.
Messaging Architecture Key as Citadel, REDI Partner on New OEMS
The pair of technology providers—both with sterling ancestry—are looking to confront a problem that, so far, has alluded a durable solution for the buy side. They are not the first to try—but from a tech perspective, the match looks promising.
SAP Makes a Push in Financial Services
SAP operates across 25 industries. Four years ago, according to a representative of the German software giant, financial services was the 16th most significant of those, squeezing just in between chemical and footwear and apparel.
Data Auditing: Finding the Needle in a Haystack
As auditing demands increase, so does the need for storage solutions that can quickly retrieve trade data from exact moments in time.
The Case for Business Process Outsourcing
As security improves and cost pressures mount, more and more firms are getting comfortable with business process outsourcing (BPO).
Royal London Asset Management Hits the Cloud Running
Rapid cloud adoption is almost unheard of in the asset management industry, which has traditionally held a conservative view of the technology. When it needed a swift replacement of its core performance engine, however, Royal London Asset Management …
Hao Sun on the Need for Change of Place, Time, Thought and Future
Hao Sun, COO of proprietary trading from Ketchum Trading, who delivered the keynote address at this year's Inside Market Data Chicago event, says that firms must change their perceptions of place, time, thought, and future to gain long-term alpha in…
TradingScreen Concentrates TCA Efforts on FX Front
Although TradingScreen’s Jon Fatica envisions fixed income as the next frontier in transaction cost analysis (TCA), his company has put the bulk of its recent effort into foreign exchange (FX) TCA.
Piece by Piece, Bank Loans See Upgraded Settlement Automation
Making inroads into automated settlement for bank—or syndicated—loans trading has proven difficult for technology providers, with bespoke contractual terms and complex documentation often at issue. Still, there are gains to be made.
Citisoft CEO: Back Office Derivatives System Overhaul is Open Heart Surgery
Any major overhauls to legacy systems in order to accommodate derivatives are going to happen primarily in the middle and back office, argued Paul Migliore, CEO of consultancy Citisoft, during a webcast on derivatives processing.
For Regulators, Data Engineers in Demand
Regulators in the US have had to significantly increase not only their IT hardware and software, but their staffing as well, to meet Dodd-Frank-related demands.
Interactive Data Tackles ETF Uncertainty With Vanguard Deal
Last month, Interactive Data announced a deal with Vanguard Asset Management, supporting the firm's European-domiciled exchange-traded fund (ETF) activities with indicative net-asset value (iNAV) calculations.
Millimeter Wave vs Microwave for Wireless Communication
Microwave is only now making waves in the capital markets, but already other forms of wireless are being investigated.
Southport Jumps on DealVector's Business Model
Holders of collateralized loan obligations, mortgage backed securities, and other structured credit have been forced into archaic means of locating each other. DealVector wants to bring that communication into the modern age.
Armanta CEO: The Risk Paradigm is Broken
Technology is overrated as a means of performing risk analytics, argues Peter Chirlian, CEO of New Jersey-based analytics platform provider Armanta. It’s the people that do the work; technology is little more than a tool.
As SEC Grows Analytics, Form PF Data Quality Should Sharpen
An update from the US Securities and Exchange Commission (SEC), published in late July, gives a sense of funds' first pass at the reporting requirement, but more importantly, lays out just what authorities will do with that information. And their plans…
AIFMD's Slow Burn
As one AIFMD-related deadline hits, the industry is still likely a year away from tackling compliance and reporting for this regulatory overhaul. But that doesn't mean firms shouldn't start preparing today.
Mackay Shields CTO: Routinely Check Vendor Data Security
A vendor tried to expand its business relationship with New York asset manager Mackay Shields, and in one conference call, almost lost the customer entirely.
Social Media Relies Too Much on Emotion for Investment Use
Tick data specialist OneMarketData recently conducted a survey about the use of social media in the investment community. The company’s director of solutions, Louis Lovas, revealed some of its findings this week to an audience at the Toronto Financial…
Toronto FIS: HFT Proponents Prompt Re-evaluation
Canadian bankers and regulators fought off attacks against high-frequency trading practices at the Toronto Financial Information Summit. A pending study of its effects may validate their position or cause a reconsideration.
Twitter Fund Founder Returns with Cayman Atlantic
Paul Hawtin, founder of the Derwent Absolute Return Fund, which traded based on social media sentiment analysis, has returned to investment management with the launch of Cayman Atlantic.
A Good Technologist is Hard to Find, Says JPM AM Exec
What began as a conversation about consolidating systems for accounting and trade─itself a deviation from advertised topic of supporting broad bespoke product ranges─took a sharp turn when JPMorgan Asset Management's chief business technologist for fixed…
BlackRock's VedBrat Explains SEFs to the Buy Side
While the sell side and larger buy-side institutions have been preparing for the entrance of swap execution facilities (SEFs) to the market for some time, medium and small buy-siders have not. Supurna VedBrat, BlackRock's co-head of electronic trading…