Analysis
Buy-Side Technology Awards 2013: Best Integrated Front-Office Platform—Bloomberg
Bloomberg and Charles River Development have thrusted and parried back and forth in this category, seemingly alternating wins every year. Both have claimed the win three times in the category’s six years of existence. The judging panel determined that…
Buy-Side Technology Awards 2013: Best Data Provider to the Buy Side—Rimes Technologies
Here we are in 2013 and still only one company, Rimes Technologies, has won the best data provider category since the first edition of the Buy-Side Technology Awards in 2007. One might be forgiven for assuming that perhaps this category is “unpopular” or…
Buy-Side Technology Awards 2013: Winners' Circle—Rimes Technologies
Waters speaks with Alessandro Ferrari, senior vice president of global marketing at Rimes Technologies, about the company winning the best data provider to the buy side category in the annual Buy-Side Technology Awards for the past seven straight years,…
Buy-Side Technology Awards 2013: Best Buy-Side Data Management Product—Markit
It’s difficult knowing what to write about Markit EDM that hasn’t already appeared in Buy-Side Technology and Waters. After all, the London-based vendor—known as Cadis until early 2012 when it joined the Markit stable, ending months of speculation…
Buy-Side Technology Awards 2013: Winners' Circle—Markit
Markit scored twice at this year’s Buy-Side Technology Awards, taking home the honors for data management and best pricing/valuations service. Waters speaks to Daniel Simpson, managing director and head of enterprise software, and Armins Rusis, managing…
Buy-Side Technology Awards 2013: Best Pricing/Valuations Service—Markit
There are many companies that offer buy-side firms with pricing and valuation services, but few have the reach and reputation that Markit does for its work in typically hard-to-price assets. That’s hardly surprising when you consider that the company,…
Buy-Side Technology Awards 2013: Best Commodities Trading Platform—Misys
Sophis returns to the top of the commodities category for the second time in the BST Awards after having won this award in 2009. The firm has a lengthy buy-side pedigree, having been founded in 1985 by Hervé Vinciguerra. Misys acquired the Paris-based…
Buy-Side Technology Awards 2013: Best Buy-Side Performance Measurement and Attribution Product—BI-SAM
BI-SAM takes home this year’s best performance measurement and attribution product category, making it five wins for the Paris-headquartered vendor. As usual, this category was fought out by a small core of performance specialists, and BI-SAM, for the…
Buy-Side Technology Awards 2013: Best Buy-Side Risk/Portfolio Analytics Product—LCH.Clearnet
Given continuing regulatory change around risk and the cost of trading, innovative solutions that can combine the ability to crunch intensive calculations while still maintaining confidence through a list of definitive inputs are like gold dust—hard to…
Buy-Side Technology Awards 2013: Best Buy-Side EMS—Eze Software Group
In April of this year, RealTick LLC was acquired by Eze Software Group from ConvergEx Group. Its flagship product was renamed RealTick EMS. RealTick is a familiar name, having won the BST Award for the best buy-side execution management system (EMS)…
Buy-Side Technology Awards 2013: Winners' Circle—Eze Software Group
Jeff Shoreman, co-president of the Eze business at Eze Software Group, discusses the future of the company’s products, having won the best buy-side EMS and best buy-side OMS categories in this year’s Buy-Side Technology Awards. Interview by James Rundle
Buy-Side Technology Awards 2013: Best Buy-Side OMS—Eze Software Group
It would have been understandable if some buy-side firms had been worried when they heard that Eze OMS and RealTick EMS were being sold from ConvergEx Group to establish their own presence under the Eze Software Group moniker. On the order management…
Buy-Side Technology Awards 2013: Rolling Out the Big Gun
The last two editions of the Buy-Side Technology Awards have had a strong rugby union bias, given that the luncheon falls on the first Friday of November, coinciding with the Autumn Internationals, where the best teams from the southern hemisphere travel…
Data Governance Webcast: Accepting Accountability
If last year’s industry buzzwords were “big” and “data,” this year is all about data governance — the variables that all financial services firms need to develop and implement in order to improve the accuracy, transparency and accountability around their…
Newedge Overhauls its Trading Architecture
The 2008 merger that created Newedge ─ between the brokerage arms of Société Générale and Credit Agricole ─ brought a host of trading systems, including eight order management systems, with overlap and redundancy galore. The French broker sought help…
European Commission Proposes Trade Secrets Law Harmonization
The European Commission (EC) has proposed new rules on the protection of so-called trade secrets, seeking to harmonize the definition and enforcement of guidelines among its member states, in a move that could have ramifications for the financial…
Disintermediating Trade Credit with Tech─Can It Be Done?
Managing export finance is a fairly archaic sell-side function, and one which can leave small, emerging markets commodities providers exposed. Aztec, a new electronic exchange venue launched in June, believes securitization is the answer as the $16…
ETAS 2013: Innovation is Needed, But Not without Controls
Panelists at the 2013 European Trading Architecture Summit (ETAS) debated the role of innovation and flexible development within bank IT departments, saying that while inventive ways of delivering service are needed, they have to be moderated with good…
ETAS 2013: The Benefits of Going Commando
According to Pierre Dulon, CIO of Credit Agricole Corporate and Investment Bank, his organization needs to “transform” the way it delivers IT to the business, by reducing its operating costs, and crucially, establishing small, discrete commando-style…
ETAS 2013: To Meet Challenges, IT Needs "Commando" Units
In his keynote address at the 2013 European Trading Architecture Summit (ETAS), Pierre Dulon, CIO at Crédit Agricole Corporate and Investment Bank (CA CIB) said that in order to address the challenges of the new banking environment, IT as a function…
Probable Volcker Hedging Requirement to Tax Trade Capture Processes, IT
The latest round of amendments to the Volcker Rule is said to have tripled its pages, now rumored as high as 1,000. Supporters of a prescriptive approach say that isn't necessarily a bad thing. But one unresolved issue could have many tier-two sell-side…
State Street Presses Forward with Data Digitization Program
At an event this week in Manhattan, State Street executives discussed their digitization program that is designed to improve the firm's data and analytics services for asset managers.
Survey Suggests Dramatic Drop in BlackBerry Support
BlackBerry is still the dominant mobile technology issued to employees, but the quintessential corporate device is likely to be phased out soon, according to buy-side consultancy Investit’s recent survey of its IT benchmarking members.
Study: Asset Managers Grapple with Effective Data Aggregation, Analytics
In a survey commissioned by State Street and conducted by the Economist Intelligence Unit, buy-side firms indicated that more stringent risk management standards, a growing volume of trading data, and the need to expand into new regions and asset classes…