Analysis
NSE Shifts Blame for India Flash Crash
Since India’s S&P CNX Nifty index dropped 900 points earlier this month, the country’s largest exchange hasn't disclosed any evaluations of its own mistakes. One technologist has a few suggestions.
FIX Group Standardizing Venue Data
The sell side is all over the map when it comes to execution venue data that it provides to clients. FIX is trying to fix that.
Foresight Publishes Final HFT Report
Foresight, a UK government-affiliated research group located within the department for Business, Innovation and Skills (BIS), has published its final report on computer-based trading (CBT).
The Right Cross: Rate Swaps Nearing Cross-Margining Frontier
As clearing bears down on interest rate swaps contracts, buy-side firms will have to take a close look at dealer efficiency. Modeling knowledge and cross margining infrastructure are good first steps.
Internal Infrastructure Outdated as Outsourcing Trend Grows
The construction of internal infrastructures within buy-side firms is a thing of the past, according to Bob Miller, CTO of New York-headquartered hosted service provider VistaOne Solutions.
Industry Set to Battle Patents via Courts, Rewrites, M&A
Companies are turning their attention from the IP in their content to the IP in their content delivery mechanisms, prompting firms fearful of litigation to ditch incumbent technologies and demand contracts that indemnify them against infringement.
Investit CEO Catherine Doherty Discusses Benchmarking Best Practice
Catherine Doherty, global CEO of London-based consultancy Investit, urges greater collaboration within investment management firms.
Double-Edged Sword: Rules of Engagement, Risk Mitigation to Differentiate Liquidity Sources
Venues for liquidity provision abound, but buy-side confidence in them remains fuzzy. Right now, the strategy is deploy everywhere, do your homework before sourcing, and always know the way out.
Reinventing the Wheel: Due Diligence Takes on Greater Importance in the Cloud
Without a set of acceptable standards, hiring a cloud services provider is like walking a new labyrinth each time. A BST panel tries to lay down a familiar trail of breadcrumbs.
SEF Nuances Provide Challenges for Liquidity Aggregation
While liquidity aggregation as a practice is nothing new for market participants, the specific character of Swap Execution Facilities (SEFs) and their diversified offerings will lead to new ways of thinking for sell-side firms, research from GreySpark…
Latency Becomes Costly Race of Attrition
As ultra-low latency becomes harder and more expensive to achieve, some firms are deciding not to pursue further upgrades, and focus their efforts elsewhere, said panelists at Inside Market Data Chicago
Colorado Startup Fund Manager Happy With Linedata
Public Trust Advisors had to find back-office solutions quickly, but its choice has worked out thus far.
Buy-Side Execs: More Responsibility, Fewer Predators in HFT
Industry-initiated measures and disincentives for swooping in ahead of large orders are key as regulators continue to offer only a measured response.
Majedie's Foray into Contextual Blogging Seeks to Eliminate Internal Email
Combining relationship management information aggregation with scalable IT architecture represents a paradigm shift for nimble fund managers.
FSA's Sampson: Data Accuracy Trumps Speed
Gerald Sampson, head of the operational risk review team at the UK's Financial Services Authority (FSA), says banks should be more concerned about accuracy of data than risk aggregation speed.
Data Principles Important But Elusive
A firm-wide set of data management principles—such as a single version of the truth, as one audience member at the Buy-Side Technology North American Summit put it—are difficult to formulate in siloed environments, and when different business units…
Marriage of Predictive Analytics, Visualization Necessary for Understanding Big Data
During a panel discussion on Big Data at today’s Buy-Side Technology North American Summit in Manhattan, buy-side firms discussed the difficulty in handling the massive flood of data, as well as being able to look at the information in a way that is not…
SimCorp: Low Buy-Side Confidence in Data Quality
A poll revealed major doubts about accounting data. The problem is too many interfaces, says SimCorp North America chief business consultant Jenny Ravenscroft.
AIG Chartis CTO: Get the People Equation Right
Good technology implementations follow a fairly basic formula: the right plan plus the right technology plus the right team equals success. For Mary Kotch, CTO for the Americas at AIG Chartis, the most important part of that equation is the people.
BlackRock CTO: ‘Password Reset’ a Surprising Challenge for BYOD Programs
Trying to prevent employees from using their personal mobile devices at work is a losing battle. As a result, firms are grappling with the security challenges involved with bring-your-own-device (BYOD) policies.
Seeking Alpha, Buy Side Looks to Information Arbitrage
Funds and prop shops want their data bigger and dirtier, and analytics to match. While the buy side and their data providers haven't figured everything out, experts in Chicago say the race is surely on.
Price, Value, Track: Data the Missing Link in Reformed Swaps Execution
The industry is rapidly confronting swap execution facilities (SEFs), but initiatives surrounding lesser-traded contracts and standardization are required to bring to the swaps market true transparency.