Special report

Infrastructure Technologies Build for Core, Buy for Generics

LONDON-When looking to add technologies to support their core businesses, financial firms should try to build them internally. However, when requiring more generic components, the best choice is to buy off-the-shelf products, say industry participants.

London Calling

It was nearly a year ago when DWT and sibling publication Buy-Side Technology sponsored the first Best Execution conference in Manhattan. While trying to remain modest, I can say the event was a rousing success. The dialog that occurred between the…

Navigating Market Volatility with Real-Time Risk Management

It wasn't long ago that the most sophisticated investment firms wanting to manage their risk needed to run their Monte Carlo simulations and other models as overnight processes due to IT constraints. Thanks to faster processors and innovations such as…

Panel Urges Euro Data Standards

The financial industry must encourage the adoption of standards in order to ease the burden of consolidating ever-increasing data volumes from a fragmented market, according to panelists at an event held by Thomson Reuters in London last week.

Slew of regulations to impact asset and hedge fund managers

With efforts to set new regulatory structures in place for the financial services industry underway on multiple fronts, the impact on buy-side firms' technologies and operations will be profound and long-lasting, says a recent TowerGroup report. By …

Texas endowment fund opts for general overhaul

When the time came for Austin-based endowment manager Texas Treasury Safekeeping Trust Company (TTSTC) to revamp its allocation process for alternative investment vehicles, a more robust risk management platform had to be part of the package. But rather…

SIFMA 2009: Think Small

While this year's SIFMA Technology Management Conference and Exhibition will probably be most remembered for being much smaller than the spectacles of years gone by in terms of exhibitor numbers and delegates-hardly surprising, given the current state of…

Deutsche Börse Launches MNI Algo News

Deutsche Börse will this week launch a low-latency feed of machine-readable economic news, dubbed CEF Alpha+ Macro, which has been developed in partnership with subsidiary news agency Market News International, which the exchange acquired at the end of…

Morningstar Integrates Tenfore Data

Chicago-based market data vendor Morningstar has begun a project to update all of its key browser-based products to carry streaming data from its Real-Time division, formed by the acquisition of UK-based data vendor Tenfore Systems last year ( IMD , Dec…

Sifma Technology Management Show Guide

It may be easy to predict that the financial crisis and its toll on the industry will be on everyone's lips at this year's Securities Industry and Financial Markets Association (Sifma) Technology Management Conference and Exhibit. When most would be…

Open Market Data: Why Not?

As cost pressures push the financial industry to consider more "open" technologies, is the time right for data vendors to abandon proprietary tactics in favor of more collaborative approaches? By Richard Reichgut, director of financial services at…

Burgundy, Quote MTF Enlist Interxion for Co-Los

European multilateral trading facilities Burgundy and Quote MTF are both using Dutch hosting service provider Interxion to provide co-location services, to satisfy client demand for low-latency access to their primary matching engines and data…

Divining the Right Liquidity Platform

As liquidity in global markets continues to fragment, sell-side firms of all sizes realize that deploying a liquidity management strategy and its supporting infrastructure isn't just about reaping the extra profits, but also meeting new regulatory…

The Art of Liquidity Management

As liquidity in the markets continues to fragment and individual trading venues introduce innovative offerings, broker-dealers can no longer expect to manage their order books in the same way they have in the past. Firms need to find and manage liquidity…

The Ghost

Since its introduction, automation in electronic trading has followed a natural evolutionary path. The simplest manual processes were the first to be automated and, as technology evolved, more complex tasks followed. Through it all, the traders…

When Tech and Crunch Collide

Today's financial markets depend more than ever on technology, which has moved from being an enabling factor to a major competitive differentiator and key driver of change. However, the economic crisis has thrown many firms' spending plans into turmoil,…

CodeStreet Bows Integrator for Data Publishing

New York-based data software vendor CodeStreet will unveil a new product, dubbed Market Data Integrator, at this week's SIFMA show, which enables users to publish proprietary datasets via third-party data services such as Bloomberg terminals.