Waters
Waters Rankings 2013: Best Credit Risk Solution Provider — Numerix
For the second straight year, Waters’ readers have named Numerix and its CrossAsset platform as the best solution for managing credit risk. The most significant upgrade made to the Numerix offering was the June launch of a new scripting language for…
Waters Rankings 2013: Best Risk Analytics Provider — Numerix
It won’t come as too much of a surprise that Waters’ readers who chose Numerix as the top credit risk solution provider, also named the New York-based firm as the best risk analytics provider. This is the second year in a row that Numerix has done the…
Waters Rankings 2013: Best Trading Floor Communication System Provider — IPC Systems
Having won this category in the Waters Rankings for six out of seven years, from when it focused purely on turrets through to its expansion to include unified communications systems, IPC has once again proven itself a force to be reckoned with.
Waters Rankings 2013: Best Market Surveillance Systems Provider — Nasdaq OMX
Market surveillance, perhaps more so than any other business process, is crucial in the modern age of capital-markets activity. The potential financial, reputational, political and institutional damage that can occur from not monitoring employees’ and…
Waters Rankings 2013: Best Datacenter Provider — Equinix
When it comes to financial services-focused datacenters, Equinix continues to lead the field in terms of expansion and offerings. Stretching across financial centers in North and South America, Europe and Asia-Pacific, the vendor’s reach is truly global.
Waters Rankings 2013: All Change, No Change
This year, the Waters Rankings can best be described as a mix of lots of change and no change at all—we welcomed a number of new victors to the winners’ circle who have taken their places alongside those vendors and service providers that continue to…
Waters Rankings 2013: Best Network Provider — IPC Systems
Networks are an increasingly vital part of the global capital markets ecosystem, linking buyers and sellers, providing liquidity, and reducing technology strain across the industry. Many claim to have localized networks in datacenters, private cloud…
Waters Rankings 2013: Best Cloud-based Service Provider — BT
BT has followed up its win in the corresponding category in the inaugural Sell-Side Technology Awards by being voted best cloud-based services provider by Waters’ readers thanks to its ubiquitous BT Radianz Cloud offering, which, since the beginning of…
Waters Rankings 2013: Winners' Circle — Talking Loud and Clear
Formed by the convergence of three different businesses, Eze Software Group has entered the game with a bang this year, taking home the Waters Rankings awards for Best Buy-Side OMS and Best Execution Management System. David Quinlan, co-president of the…
Waters Rankings 2013: Winners' Circle — New Frontiers
The complex-event processing (CEP) space has always been a highly competitive one, and with the recent run of acquisitions among vendors, it’s becoming fiercer. Tibco StreamBase, however, fought off its rivals to take the award for the best CEP provider…
Waters Rankings 2013: Winners' Circle — Building Bridges
IPC Systems’ dominance in the Waters Rankings has continued this year, with the company taking first place in the Best Trading Communication System Provider and Best Network Provider categories. Simon Jones, director of product marketing at IPC, explains…
Waters Rankings 2013: Best Mobile Solutions Provider — Morningstar
Morningstar pulled off something of a coup by winning what was unquestionably one of the most hotly contested of all the categories in this year’s Waters Rankings, given the current interest from all quarters of the industry in mobile communication.
Waters Rankings 2013: Best Full-Service Brokerage — JPMorgan
Traditionally, this is a category that has been dominated by Goldman Sachs, but the last two years have seen two different winners, with JPMorgan being named as the best full-service broker for 2013. Perhaps this shift is a sign of the challenging market…
Risk Management a Challenge When Algos Go Rogue
In an article published in May, Waters explored the problematic task of performing market surveillance in automated, high-frequency trading environments. Another challenging area for algorithmic trading is that of risk management, when questions of risk…
AQR's Path to Reconciliation
In order to improve its reconciliations capabilities, AQR Capital decided it needed to replace its legacy reconciliation system, which relied largely on manual processes. The Greenwich, Conn.-based hedge fund turned to Electra Information Systems for…
Waters Rankings 2013: Best Low-Latency Data Feed Provider — Thomson Reuters
This win makes it four in a row for the data giant in this category. The last year has been marked by announcements of connections around the world for Elektron, which provides an infrastructure for low-latency market access. The global architecture…
Inventing the New Thing Is the New Thing
Innovation is like vacation—people spend more time talking about the amazing places they’re going than they spend actually getting there. There isn’t a company worth its salt where innovation is not part of its agenda, although its application varies…
Waters Rankings 2013 ─ All the Winners
At a cocktail reception held at rooftop event space 230 Fifth, this year's Waters Rankings winners were announced.
Risk Management: Time to Get Real
It wasn’t long ago that it was acceptable for capital markets firms to manage their risk on an overnight basis, computing their various measures through lengthy batch processes while the markets slept. But that all changed with the 2008 credit crisis as…
Chief Data Officer: A Role Under Construction
Over the past few years, the capital markets have witnessed the promotion of data executives to the role of chief data officer (CDO), elevating data issues to the C-level. Marina Daras looks at how CDOs are making their way to the top of primarily sell…
Complex-Event Processing special report
July 2013 - sponsored by: Apama
Real-Time Risk Management webcast
Waters gathered leading industry experts for a webcast on June 26, 2013 to discuss how financial trading firms are looking to aggregate their risk exposure on a real-time basis and the challenges they face.
James Rundle: Dark Alleys
The topic of cyber warfare and security is often associated with other industries, but more than ever, it’s becoming applicable to the wholesale capital markets. James says that protections and discussions are no longer optional—they’re essential.
Anthony Malakian: Has Wall Street Learned Its Lesson?
Three years ago this month, the Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into law. Anthony says that while much has improved, there’s still a system in place that rewards greed.