Feature
Perfect Partners
The hosted services model is not a new phenomenon to the financial services industry. But during these testing times it has become more relevant to buy side firms offering managers the benefits of fixed IT costs, reduced time to market for new…
The TCO conundrum
Implementations can be beset by unforeseen hiccups, which tends to result in inflated budgets and missed deadlines. SmartStream's TLM OnDemand addresses users' total cost of ownership challenges and provides buy-side firms with reduced time to market…
Pricing imperfections
Allocating a definitive and transparent price to an asset for which no active market exists is a process mired in complexity and controversy. David Patrikarakos investigates the new generation of valuation models to address the pricing and valuations…
Data, Where It’s Needed
Cover Story
Regulators Eye Dark Pools
COMPLIANCE
Capacity Planning
Datacenters
Pursuit of Power Management
Datacenters
Risk in progress
For years, the notion of real-time risk management to better inform buy-side traders prior to making executions has proven elusive. And now that lessons learned from the ongoing global financial crisis continue to mount, the value of real-time pre-trade…
Great expectations
Institutional investors are driving the buy side in terms of the adoption of best practices and the technology that underpins such initiatives. Nowhere is this more apparent than in the client reporting realm where institutional players have come to…
European Insecurities
Exchanges
Turquoise Launches Latency Monitoring
Exchanges
Nordic Conquest
Exchanges
Clear Skies
Cover story
XBRL: The Corporate Actions Solution?
The much-discussed data tagging standard, extensible business reporting language (XBRL), is increasingly referred to as an upcoming turning point for the corporate actions industry, helping to standardize announcements at the source level. Carla Mangado…
Dark diligence
“Who do you trust?” As that question gains pertinence among buy-side managers, aspects of their relationships with broker-dealers have come under scrutiny. In the midst of sell-side upheavals and ongoing volatility, buy-side traders might presume to find…
Going wholly hosted
MFC Global Investment Management, the investment management arm of Canadian financial services firm Manulife Financial Corporation, recently faced a challenge familiar to many buy-side managers with global infrastructures: moving operations scattered…
Drastic Cutbacks
COVER STORY
On the NYSE Amex Options Floor
Exchanges
The Costs of Change
Since the UK's Financial Services Authority recently published a consultation paper on liquidity risk, the topic has appeared on the agenda at industry events. But market participants are concerned about tight deadlines and costly implementations. Carla…
Baptism of fire
Counterparty risk has historically been an issue mostly for sell-side institutions to address, but the collapse of Lehman Brothers laid that notion to rest. Now, investment managers have had to get up to speed on what risks their counterparty exposures…
Compliance 2009: Who's pulling the strings?
Compliance, like risk management, has traditionally been seen as a business process that curtails portfolio managers’ ability to generate returns. But this has changed to the point that now managers see compliance as a way of winning mandates. By Victor…
A product of participation
One of the greatest challenges facing South African financial institutions relates to the cost of their technology, especially when it comes to buying applications from foreign vendors by virtue of the weak rand compared to the dollar and sterling. But…
Fund managers gear up down south
The South African investment management industry is small compared with those of the US East Coast and Western Europe. But as Victor Anderson reports, a small industry does not necessarily imply an unsophisticated one.