Opinion
Hurricane? What Hurricane?
As Sandy sweeps across the East Coast, going electronic seems to make more sense than ever.
Open Platform: To Tame the ‘Zoo’ of Market Data, First Tame the Metadata Monster
With rising volumes of market data, the cost of onboarding client transaction data can be a barrier to firms looking to expand client business. However, a strategy that crosses the boundaries of market and reference data to create an extensive and…
Increased Electronic Trading in Futures Means Major IT Upgrades Needed
As more and more buy-side firms seek to take advantage of electronic trading strategies for futures—such as routing orders through direct-market access (DMA) solutions or using algorithmic-trading options—brokers and third-party trading platform…
Looking for Excel in All the Wrong Places
In an era where the speed of light is actually becoming a problem, it’s amazing how a lack of sophistication permeates certain areas of businesses.
New Urgency For Data Aggregation
The Basel Committee on Banking Supervision has established a timeline for meeting new data aggregation and reporting standards for risk management—and this action should get big firms' attention
Open Platform: Index Data License Spend's ‘Period of Enlightenment'
Index licensing is an area of rising cost and complexity that firms with investments linked to specific indexes cannot easily escape. But many are ignoring tools and practices already in use for managing real-time data, impacting their ability to control…
The Industry Needs to Come Together on Policing Itself When it Comes to HFT
Whether its through AT 9000 or some other industry-led initiative, HFT firms need to be proactive in addressing the risk concerns inherent in their chosen strategy.
The Curious Case of the Nifty
The Flash Crash on India’s exchange highlights the perils of instituting catchy mechanisms like circuit breakers without really analyzing what causes problems in the first place.
Regulatory Reckoning
Basel III rules aren't being implemented quickly enough to meet January 2013 deadline, but what does that mean?
The Mercenary Technologist
As budgetary constraints clamp down on buy-side organizations, Anthony says that the vendor-hedge fund relationship may start changing.
The Two-Day Maneuver
For something relatively simple in concept, the shortening of settlement cycles can be rather complex in practice. Moving away from T+3, though, is inevitable, and it has a solid groundswell of support within both the buy and sell sides.
Innovation Revs Up
Take a look beyond a list of acronym-named regulations to the innovations and reconsidered management approaches in reference data, as presented and discussed at EFIS and reported by Inside Reference Data
Is Apple's iPhone Beginning to Establish its Dominance on Wall Street?
At this year's Buy-Side Technology North American Summit, technology leaders at several major buy-side firms discussed their bring-your-own-device strategies, but most of the talk was around the Apple iPhone and iPad, and not Android or BlackBerry.
Jake Thomases: Dodd–Frank Under Romney: Weakened But Not Dead
Jake looks at what might happen to the Dodd–Frank Act if Mitt Romney’s presidential campaign is successful. For all his threats against it, the financial services industry should be aware that, like Mark Twain, reports of its death have been greatly…
Benefitting From The Best Of Breed
Data managers are showing a determination to learn from innovations in other industries
Anthony Malakian: A Postscript on Form PF
Complying with the new Form PF requirement is a burdensome, time-consuming task. But Anthony says that it doesn’t have to be a nightmare, as long as the proper amount of preparation is done.
Michael Shashoua: Channeling the Data Deluge
Considering internet innovation in the context of financial industry data management reveals the scope of reference data’s future. Michael identifies the data explosion and a Swift format change as examples to watch.
Max Bowie: Give a Little and You Get a Little
Despite the potential for manipulation of benchmarks like Libor, Max reports that new data sources designed to provide greater transparency and better pricing are basing their services on contributed data from market participants to give traders an edge…
Open Platform: The Evolution of the Smart Broker
The past couple of years have seen broad structural changes to the world’s financial markets, which have resulted in a permanent and profound shift in the role and operating environment of sell-side firms. James Blackburn discusses how success can no…