Opinion
To build or buy?
Ask most chief information officers whether they build or buy their technology and most would say they do a bit of both, with a heavy emphasis on the build side of the equation. Many firms have large in-house IT staffs - although those head counts are on…
Look Me in the Eye When You Say That
I would never question U.S. Treasury Secretary Timothy Geithner's honesty before the U.S. Congress, but when he presented the Treasury Department's plan for financial services regulatory reform last week, it sounded like he was turning in former Treasury…
Teaching an Old Dog New Tricks
In today's fast-paced financial markets, one could be forgiven for thinking that speed of raw prices is the be-all-and-end-all of market data. In fact, old-school inputs like financial research and commentary are alive and well, and adapting to the new…
Keeping Up With the Dow Joneses
As machine-readable news algorithms gain more attention, firms and vendors alike must pay close attention to monitoring technologies to avoid the dual pitfalls of automated trading-latency and message loss. By Steve Wong, vice president of marketing at…
Merger of Giants?
Last week the business media reported rumors from "people familiar with the situation" that IBM is in discussions to acquire Sun Microsystems for $10 per share, which gave Sun stock a respectable mid-week boost. Since I have been running headlong into…
Exchange "Dinosaurs" Bite Back
Anyone who thought in recent years that exchanges might soon become a thing of the past in the face of start-up, bank-backed trading venues should check out the various exchange initiatives detailed in this week's Inside Market Data . Far from going the…
Avoiding the Bloodshed
Ever since the global credit balloon burst, those who work in investment banking have become the media's favorite whipping boy. Until recently, society had been willing to vent most of its hostility creatively through late-night comedians and green…
CEP = Complex Event Popularity
Commenting on the merger of complex event processing software vendors Aleri and Coral8 in last week's Inside Market Data , Aite Group senior analyst Adam Honoré said that one reason the merger made sense was to consolidate the two vendors' position…
Strong, But Possibly Lethal, Medicine
In the middle of last week, the U.S. Securities and Exchange Commission (SEC) announced that it would raise the Section 31 transaction fee for exchanges and over-the-counter (OTC) markets to $25.70 per $1 million from its current $5.60 per $1 million,…
Location, Location
Who would have thought celebrity sightings could become part of daily life when you work for a financial publishing house? Prior to August 2008, DWT publisher Incisive Media's New York office was situated in the SoHo section of Manhattan in a building we…
Tools of the Trade
Last week's Oscars had a more diverse tone than many previous ceremonies, with Aussie host Hugh Jackman moving from one role to another, from bargain-basement stage decoration to all-singing, all-dancing Broadway-style numbers, and with Slumdog…
Home Is Where The Risk Is
Opinion
The Obvious Choice
Open Platform
The Risk Reboot
EDITOR'S LETTER
Who Do You Trust?
Opinion
ISO 20022 - The Next Generation
The future looks promising for ISO 20022 and organizations that use it as the basis for managing their inter-company and enterprise-wide reference data processes, says London Market Systems' Martin Sexton
Editor's Letter - Coming, ready or not
Hedge fund registrations in the US are back on the agenda. But this time the Securities and Exchange Commission (SEC) has some heavy-hitting artillery behind it in the form of the recently introduced Hedge Fund Transparency Act in the US Senate and the…
Twittering on the trading floor
Social networking site meets buy-side trading? The latest Web 2.0 phenomenon, Twitter, functions in many of the same ways as its mainstream brethren, MySpace and Facebook, but its uses continue to evolve. Perhaps the most interesting development is that…
Reining in derivatives
Expectations are high that new US Congressional efforts to require hedge fund registration with the SEC will succeed this year, opening the door to greater oversight of the industry by a regulator no doubt eager to prove its mettle following the…
The evolving role of the buy-side project manager
The buy side is currently facing a number of acute challenges including the need to improve the efficiency and discipline of business processes, implement technology to enhance client service, manage risk, support the introduction of new asset classes…
... But Tie Up Your Camel
As President Barack Obama signed the American Recovery and Reinvestment Act into law last week, it felt as if the U.S. had passed a major milestone in dealing with the current economic meltdown.
One Moment in Time
Hindsight is always 20-20, so the saying goes. Of course it is; when the time comes to look back, we have facts to hand that may not have been available when we had to take action. While some decisions should never be made on gut feeling, financial…
New Game, New Players
After months of anticipation about who lead the London Stock Exchange (LSE) Group in the post-Markets in Financial Instruments Directive (Mifid) world, exchange officials announced at press time that former Lehman Brothers executive Xavier Rolet would…