Feature
Heeren Pathak CTO, Vestmark
60 Seconds with
Offshoring: The New Business Case
The reference data market is no longer all about cost-cutting, but firms are always looking at cost-efficiency, and many are under continuous pressure to migrate staff to offshore locations. The maturing offshoring market means firms now have greater…
Increasing Collaboration
Financial instability has pushed the industry to recognize the need for improved data quality to reduce counterparty risk, making it a top priority for firms. Inside Reference Data gathered leading industry professionals to discuss how the role of data…
Many moving parts
The number of compliance issues facing the buy side has little precedent in recent history, just as managers are grappling with shifting market and risk conditions in a post-recession world. The way forward is no less challenging – the obstacle is not…
Natural affinity
For fund managers seeking high-frequency trading capabilities, the standard build-versus-buy proposition is no longer wholly pertinent – and for good reason. The advent of complex event processing technology has provided a third viable option. By Stewart…
Pushing for Change
The standardization of corporate actions at the issuer level is a vital area for the industry to address. Carla Mangado explores whether exchanges could do more and what 2010 will bring in corporate actions standardization
Utilizing Centralization
The concept of a global centralized reference data utility is not new. But some argue now could be the right, and perhaps the only time, to make it a reality. Carla Mangado asks what the next step will be, and whether there is enough clarity on the issue…
The New Standards Era
With increased focus on efficiency in the financial markets, data professionals are looking for open standards and adoption of common identifiers. Tine Thoresen reports
Operations: the way forward
The last decade has produced a remarkable transformation in the front office - especially from a buy-side perspective - although current trends suggest that operations and risk management will hold the spotlight over the next 10 years. More than ever,…
Progressive embraces business continuity challenge
Business continuity rose to prominence in the wake of the September 11 attacks, as firms of all sizes sought to develop contingency plans as a way of mitigating the business and operational risks resulting from systems failures. By Victor Anderson*
Divining the Future for Exchanges
With the number of multilateral trading facilities (MTFs) on the rise, can primary exchanges survive by following a "business as usual" strategy? DWT asks Ian-Patrick Lauder, Head of Trading Services at PLUS stock exchange, what exchanges must do to be…
Navigating the European Markets in 2010
As 2010 sets to unwind, market participants continue to face the challenges of finding liquidity and achieving best execution in a fragmented marketplace. DWT sits down with Michael Krogmann, Executive Director, Head of Sales, Xetra Market Development…
IT’s Moment to Shine
Technology Awards (AFTAs)
A New World Order
Cover Story
George Michaels, principal, G2 Systems
60 Seconds with
News In Numbers
Numbers
Editor's Letter - Bigging-up the back office
From a buy-side perspective, the front office has traditionally been where all the sexy action takes place. And rightly so. It's the area of the business directly responsible for performance. Come to think of it, the front office is a bit like the engine…
Speculators in the crosshairs
The Commodity Futures Trading Commission (CFTC) is considering implementing position limits for buy-side players trading energy products, potentially restricting the number of positions traders can take on futures exchanges. Stewart Eisenhart reports
Dabbling in the dark
Dark pools started to appear as early as a decade ago in the US market, but it has only been over the course of the last two years that they have attracted sufficient liquidity – perhaps as much as 12% of US equity orders and 4% in Europe – to make them…
Adapt or die
Smart order routing is not a new phenomenon for buy- and sell-side organisations, but the tools that let firms route trades according to their own specific criteria have evolved significantly over the last two years. Gone are the days when these…
Algorithmic News Gathers Pace
News providers found new ways to deliver and present their content to users during 2009, notably by broadening and reducing the latency associated with machine-readable news offerings as algorithmic and high-frequency traders increasingly seek to…
Exchanges, ATSs Battle for Share
2009 was a tough year for exchanges worldwide, especially in Europe, where continued fragmentation has resulted in lower market share for most incumbent markets at a time of subdued trading volumes compared to 2008.
Guest Editorial - Evolving to Meet New Challenges
Ray D'Arcy recaps the year in which he became president and CEO of Interactive Data Corp., and looks ahead to 2010
Regulators Take Aim at Flash, High-Frequency Trading
Regulators spent much of early 2009 in the spotlight for failing to spot and halt Ponzi schemes like Bernie Madoff's, but shifted the focus in the latter half of the year to practices surrounding algorithmic and high-frequency trading, to the distress of…