Feature
Fragmentation Down Under
Chi-X Australia’s launch in October 2011 posed the first challenge to the monopoly enjoyed by the Australian Securities Exchange since its inception in 1987. Steve Dew-Jones investigates whether the change in the trading landscape has been positive for…
Laying Compliance Foundations
With regulatory change looming large over the financial industry, Nicholas Hamilton finds out how extensible systems, best practices and good communication are helping firms to manage the uncertainty of evolving requirements and deadlines
Identification Breakdown?
The structures and parameters for global implementation of a legal entity identifier are in place, but industry professionals are finding cracks in the registration process that undermine its accuracy. Michael Shashoua describes some of the issues now…
Identifier's Infancy
During a webinar about the legal entity identifier, panelists discussed the opportunities the code presents for data vendors to create new products and the immaturity of current offerings, writes Nicholas Hamilton
The Long Crawl to Basel III
Continued uncertainty about a phased compliance timeline for Basel III capital adequacy rules is likely to complicate data management for the foreseeable future, Michael Shashoua writes
Further Fatca Hurdles
With 12 months left to prepare reporting capabilities for the Foreign Account Tax Compliance Act, entity classification is presenting serious challenges, and the effect of intergovernmental agreements has not become clear, writes Nicholas Hamilton
Investors Demand Cleaner Data, Faster
Investment managers are being asked for more accurate data, in greater detail and with increased regularity. By Steve Dew-Jones
Checks and Balances: Real-Time Reconciliation's IT Challenges
Although most firms tend to perform reconciliations on a same-day basis, these processes are dominated by manual input and prone to errors. Automated, real-time reconciliation has benefits not only for risk management, but also compliance and in…
Private Ties: Technology Rises in Private Equity
Much of private equity rests on old relationships and privity of information, but with limited partnership investments becoming more common for a wider array of investors, and a secondaries market gaining steam, technology is blossoming in unlikely…
Citadel's Sentinel: CIO Tom Miglis Aims to Do the Impossible
Commitment to investors is the thesis at Ken Griffin’s Citadel, but how the firm achieves returns—through technology—is unique for a hedge fund. Steering strategy and growing the firm’s vaunted development capacity, CIO Tom Miglis is trusted with leading…
Algos: Human After All?
Specialist firms are customizing algorithms to the needs of buy-side firms, making them better at reacting to market conditions and, ultimately, more like humans. By Steve Dew-Jones
Full And Fair Disclosures
When it comes into force next year, the IFRS 13 accounting standard will place significant requirements on end-users to provide new disclosures about the prices and evaluations they use, but pricing vendors are well placed to help them comply, writes…
Bottling Other Industries’ Expertise
It is widely acknowledged that data management in the capital markets is less advanced than other industries, but what are the reasons for the difference? The retail, telecommunications and energy industries have some lessons to teach, Nicholas Hamilton…
Strategic Grease
Speakers at an Inside Reference Data webcast on October 17 related progress in gaining acceptance for implementation of the legal entity identifier, writes Michael Shashoua
Nordic Markets' Robot Wars
While the rest of Europe continues to suffer from the ongoing financial crisis, the Nordic markets have been a relative safe haven, benefiting from technological savvy to enjoy steady growth. By Steve Dew-Jones
Building Blocks The Evolving State of Datacenters
While datacenters are an accepted part of the technology landscape, they’re remarkably inflexible and expensive by nature. But new technologies such as modular datacenters and financial extranets are beginning to uproot the traditional buy-and-build…
Cerberus CIO Richard Alexander's A-Team
After four-plus years at Cerberus Capital Management, Richard Alexander has spearheaded projects to tap into the cloud, create a data warehouse, and build a new datacenter. And that’s just the beginning. By Anthony Malakian with photos by Amy Fletcher
Securities Finance's Eastern Promise
Facing lopsided markets in North America and Europe, providers of securities finance tools—whether lending or repurchase agreements—are looking to Asia. The process is not for the impatient, but if firms can get the technology right, moves being made now…
Swaps Overhaul: Ready or Not, Here It comes
A major set of deadlines for the swaps industry passed on October 12. More will be coming soon. However, none seems to have given market participants the jolt they need to have the right platforms in place. By Jake Thomases
High-Frequency Trading: Handle with Care
Steve Dew-Jones unearths disquiet among market participants, following the European Parliament’s unanimous vote in favor of European Commission proposals to restrict the practice of high-frequency trading.
Year of the Dragon: China Opens Up
As Europe wanes, China is on the rise. Through joint ventures with big-name banks, regulatory relaxation and the expansion of technology, the sleeping giant of the East is awake and opening up to foreign and domestic trade finance, but its technology…
Buy-Side Performance and Attribution: How Soon Is Now?
At one point during the recent roundtable discussion in New York, Waters editor Victor Anderson asked panelists what the biggest obstacles are facing asset managers in terms of their ability to produce detailed and frequent performance reports. Based on…
Does One Data Silo Fit All?
Centralization of data across silos has moved to the forefront of risk management efforts in financial services. Michael Shashoua explores the parts data timeliness, transparency and standards are playing in organizing and centralizing data
Insights Into Prices
During an Inside Reference Data webcast on September 11, 2012 about prices and valuations, industry experts explained the changes they are making to achieve new levels of transparency and how industry developments are impacting them, writes Nicholas…