Awards & Rankings

No good deed

Wall Street had a true roller coaster week in early March but not in terms of trading volumes or record profits. It was a thrill ride in terms of emotions, headlines, and hubris.

Redeemable Shares: A Cautionary Tale

Redeemable shares might be a tax-efficient method to distribute capital, but they can be a headache for firms trying to automate corporate actions processing, say Richard Ryndak and Kristina Kulle at Wolters Kluwer Financial Services

Following JPMorgan's Open-Source Trail

As open source and grid computing gain more traction in the financial services space, technology gurus at investment banks have to figure out ways to stay ahead. DWT U.S. reporter Oksana Poltavets sits down with Adrian Kunzle, chief architect of…

User Firms Strive to Preserve Choice

In the face of the pending merger between two of the industry's leading data providers-Thomson and Reuters-end-user firms say they will promote niche service providers to preserve competition between vendors, according to a panel of end-users at last…

Life, the Universe and STAC

Selecting which new technology to adopt is often more of an art than a science for most investment banks. The lack of objective benchmarks has left departments making choices based more on personal relationships with salespeople than on the technology…

Editor’s letter: Get ready to lose some friends

That's what Matthew Crabbe, managing director of Incisive Media's financial risk management and trading technology division, advised me when we recently discussed BST 's plans to launch its inaugural Buy-Side Technology Awards in November this year. To…

More lip service to oversight

Readers are no doubt becoming tired of my editorialising of hedge fund regulation in the US, but so long as government officials and the Securities and Exchange Commission (SEC) provide more fodder for the keyboard, I'm not really in a position to resist.

Kimsey: Data Budgets Buck Spend Trend

Spending on market data services in the New York Tri-State area as a percentage of overall dealing room technology costs fell slightly during the past year from 27 percent to 26 percent, despite a 5 percent increase in trading floor technology budgets to…

Howard's End

It is obviously difficult to gauge a person's expression over the phone, but last week it seemed that eSpeed chairman, CEO and president Howard Lutnick was sporting an ear-to-ear grin as he announced the merger of electronic inter-dealer broker eSpeed…

Reuters Buy Will Face Regulatory Hurdles

Critics of Reuters' efforts to raise its share price above the £4 barrier will have enjoyed Friday's 25 percent rally to close above the £6 per share mark on news that the vendor is considering a possible takeover approach from rival Thomson Financial.

And the Winners Are…

The results are in, the votes have been counted, and this week the Inside Market Data awards will be announced, recognizing the talent and innovation that has shone within our industry during the past year. And the winners are…

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