Opinion
Lessons Learned From the Mother of All Storms
Despite being devastating, Hurricane Sandy provided a valuable opportunity for firms to test their BCP contingencies. Did your firm pass or fail?
James Rundle: Mergers and Inquisitions
After last year’s string of disastrous merger attempts among stock exchanges, it seems that the trading venue giants once more have the bit between their teeth. While there have been some successes, James says there probably won’t be a winding back of…
Anthony Malakian: There’s No ‘Simple’ in Integration
Even in the face of constrained budgets, buy-side firms are still pushing forward on projects to combine their OMSs and EMSs. But, says Anthony, you can’t get the goods without the green.
Michael Shashoua: Basel III’s Fault Lines
The likelihood that the Basel III capital adequacy rules will not take effect in January as planned is not surprising. Michael asks if the delay will allow for extra time to make the rules more effective or is it just a necessary evil to get…
Max Bowie: Forget Lower Latency, Focus on Lower Costs
As it becomes prohibitively expensive to be among the fastest players, Max says firms are realizing that trading isn’t a 100-meter sprint, but more of a “tough mudder,” where speed alone isn’t a sustainable differentiator unless accompanied by strategy.
Open Platform: How to Tackle Digital Investigations
Internal investigations, underpinned by a unified investigations solution, can help financial services firms meet the demands of multiple regulations and frameworks. By Frank Coggrave
60 Seconds with ...
Tom Warren, president, UAT, Inc.
November 2012: I Love the Smell of Irony in the Morning
Victor doesn't like change, but acknowledges it is a constant, so as the capital markets evolve, so, too, must technology.
Is Grease The Word for Identifiers?
Reference data management operations still need some stimulation to move forward on LEI implementation
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.