Buy-Side Technology/Analysis
Panel: While Cloud Security Concerns Overblown, Perception Matters
Cloud providers’ security might be airtight, but perception matters, and they should go above and beyond to allay customers’ concerns, according to panelists at the North American Trading Architecture Summit this week in New York.
Post-Financial Crisis, Firms Must Address the Fallibility of Models
Following the release of a whitepaper, “Top 10 Best Practices for Managing Model Risk,” Fincad CEO Bob Park says one of the great lessons of the financial crisis is the importance of model validation and stress-testing.
APM Technology on the Rise
ITRS' Kevin Covington discusses APM technology and how the sector has evolved.
Markit Acquires Data Explorers in Buy-Side Play
Data Explorers' specialty in securities lending will provide an expansive data set and series of indices to clients.
The Time has Come for HTML5
Paul Caplin, CEO of financial software provider Caplin Systems, says 2012 is the year for HTML5.
Custody is the Rule: NSCC Building Better Alternative Investments Processing Automation
Strengthening the market for securities custody, NSCC's new automated possession and control functions will further improve the DTCC's administration of alternative investments. By Tim Murray
Regulation Cost Causes Technology Headache in Asia
Julian Korek, founding member of Kinetic Partners, says the Asian market is worried about the cost of installing new technologies to comply with regulations.
Market Survives Bats' Failed IPO; Will Bats?
While Bats failed IPO attempt-and subsequent mini-Flash Crash-led to numerous bad headlines, it doesn't have to be a death sentence for the usually tech-savvy exchange operator. Additionally, the event also shows that the industry has made strides since…
Firms Move Away From Siloed Data Management Tack
Firms are increasingly moving away from a siloed, departmental data management strategy to an enterprise-wide one, which, according to GoldenSource, requires a broader data coverage approach.
That Helpless Feeling: DDoS Attacks, Anonymous and Wall Street
Distributed denial of service attacks are nearly impossible to stop. But firms aren't completely helpless in defending against these coordinated assaults, either. By Anthony Malakian
Mobile Application Development, User Monitoring Priorities for Security (Q&A)
Challenges for security continue to evolve as firms adapt cloud and mobility technologies, says Stuart McIrvine at HP.
The Answer for Hedge Funds’ Cloud Security? For Eze Castle, It’s More Human Eyes
With advantages of costs and scalability, hedge funds are rapidly gravitating toward various cloud-based IT services; yet concerns about security remain, and are driving innovation and collaboration among vendors serving the industry—as was seen this…
TT: With ADL, Anyone Can Build Algos
The new program, Algo Design Lab, allows traders to construct their own algorithms using a simple visual interface—no coding required.
Survey: Fund Industry Lacks Automation (Q&A)
For many funds and administrators, payments remain a manually intensive process, creating potential risk and additional costs for investors.
Indata Sees Greater Buy-Side Adoption of Cloud-based Portfolio Management System (Q&A)
Indata's David Csiki says that on the buy side there is very little resistance to the cloud, which is a significant change from just a couple of years ago.
New Trading Platform for Primary Shares Ushers in a Change at Rodman
Rodman & Renshaw, best known for its investment-banking arm, is transforming itself into a technology company. It will do so on the back of a trading platform that connects investors with companies looking to issue primary securities.
Rohatyn to Market Proprietary Data Quality Solution
Rohatyn is ready to unveil an in-house-built data quality platform. This is not something the hedge fun intended to do, but it has brought confidence back to the portfolio managers and has created an efficient data program throughout the firm. By Anthony…
HFT Is the SEC's Fault, Says a Former Exchange Operator
Steve Wunsch has long been a critic of the SEC. Now he's blaming them for the problems caused by high-frequency trading, and for the reactions, like a financial transaction tax, that may follow.
UK Kay Review Demonstrates Antipathy towards HFT
Respondents also hesitant about liquidity fragmentation.
Sweden Exonerates HFT in Market Study
Regulator's investigation finds related risks to market 'limited'.
Tri-Party Repo Platform Aims to Get Short-Term Money Moving
Newedge and MTS have collaborated on an MTF that will marry buy-side cash lenders with sell-side collateral providers.
Risk, Portfolio Management Systems Ripe For Consolidation
As firms look to rationalize their fixed costs and maximize ROI, the need for system consolidation has taken on new significance.
Change Comes to Misys, Lawrie to Leave
After the announced merger of Misys and rival Temenos, there are more questions than answers.
UBS Widens Liquidity Pool for Fixed Income with TradingScreen Partnership (Q&A)
With this partnership, users can advertise their targets to other clients, opening up liquidity that previously wasn't available.