Open-source
Latency Takes the Lead
There was a time when low latency was just an issue of plumbing in the dealing room or datacenter to speed up trading flows, but market fragmentation changed all that. Now it is strategic. Distance implies latency. If you use smart order routing in a…
One Platform to Rule Them All
Since the New York Stock Exchange (NYSE) and Euronext merged to form NYSE Euronext, the exchange operator has aimed to deploy a single global trading platform across all of its exchanges. DWT European reporter Cecilia Bergamaschi sits down with Anthony…
The E-Discovery Challenge
Open Platform
Interactive hedging
A low-inflation environment and an ageing population proved to be a fatal combination for pure-play bond and equity portfolios - the returns expected by corporate investors simply did not materialise. And so the days of target-based long portfolios have…
Capacity Management: Voices from the Trenches
Today's complexity and enormously competitive requirements to predict and mange scale, quality of service (QoS) and cost, demand a new tooling discipline to truly transform the way we manage capacity, and to take it to the next level. Only by engineering…
Open Source Gains Vertical Knowledge
Application-level solutions give firms and brokerages a real competitive advantage. By Steve Bate
Doing more with less in 2008
Traditional investment managers are being assailed on all sides. The market volatility of the past twelve months has only served to emphasise legacy challenges, while bringing with it new obstacles to be met and overcome. With revenues squeezed, managers…
Getting Lost and Found with Enterprise Architecture
It is dramatic when IT's slipups fatally wound, but more often, it's just another tale of wasted resources and missed opportunities. How can firms avoid these miscues, do more with less, and handle wholesale change? And yes, business has its faults too…
A New Paradigm for Data Strategies
With capital markets facing a stream of new data that is growing in complexity, density and speed by the day, outsourcing underlying technology is one option for firms designing data strategies that encompass a broad spectrum of requirements. By Sinan…
Compliant derivatives
After 85 years at the heart of Wall Street, Bear Stearns is no more. But even before the highest profile and most celebrated casualty of the credit crunch closed its doors, the inevitable questions about who was next in line were already doing the rounds…
Market Data Sourcing Challenges for Alpha-Seekers
With markets becoming fragmented and more competitive, the way that firms source market data is becoming a key component in the search for competitive advantage. By John Panzica, general manager of global financial markets at Reliance Globalcom
Don't sell your alpha, capture it
Selling plays a fundamental role in every fund management operation, although, as Michael Ervolini explains, analysing how fund managers actually arrive at their sell decisions reveals that this process is anything but conscious and disciplined
One hub to rule them all
The rapid rise in the use of STP for OTC derivatives trade affirmations and confirmations has triggered the establishment of a number of players over recent years with platforms from DTCC and SwapsWire dominating the market. However, the fact that no…
Business Continuity: A Sleeping Tiger in a Bear Market?
With a severe global credit squeeze, news of billions of dollars in asset write-downs by firms, headline-grabbing fraud scandals, accelerating merger-and-acquisition (M&A) activity and anticipated redundancy programs that look certain to follow, survival…
Offshoring's Domestic Front
With recession fears and the U.S. dollar's decline, India's IT firms weigh increasing their focus on their local market.
Jack of all trades
There is little doubt that large numbers of traditional asset managers and hedge funds have made the move to multi-asset trading in a near- or real-time environment but as Harrell Smith argues, not all supporting technologies were created equal
Turquoise ready to ruffle feathers
Turquoise, the pan-European share trading platform gearing up to launch later this year, is aiming to open up the European exchange market that, in Turquoise's view, has to date been the province of quasi-monopolies that pass on overly high costs to end…
Know the Flows
Information on the flow of assets between asset classes, sectors and regions is increasingly being used as a tactical data input for investment strategies. But does it have the value to become a mainstream indicator of market movements?
CEP Comes of Age
With the early adoption phase over, complex event processing technologies will not only enter the mainstream during 2008, but permeate it completely. By John Morrell, director of product marketing at Coral8.
Smart Order Routing gains intelligence
Smart order routing (SOR) has become synonymous with the new European trading landscape precipitated by the adoption of the Markets in Financial Instruments Directive added to the statute books at the start of November last year. But as Ian Salmon argues…
Future Shocks
Looking ahead, we can expect emerging markets to play bigger roles on the global stage, and platforms will look nothing like those we know today.
VWAP your time is up
With the advent of liquidity fragmentation and the expanding use of cross-asset trading, the global capital markets are undergoing a period of great change. As with the Big Bang of 1986, this change is significant, and will require those who operate in…
The 'Complexity' of CEP
With the volume of financial market data growing daily, many firms are turning to largely undefined complex event processing solutions, but must still deepen their understanding of CEP to ensure these solutions can fully meet the data demands of their…
Taming the Wild, Wild Web
In the last couple of years, the Internet has become pervasive and global, spawning an exciting generation of Web 2.0 applications like podcasts, blogs, wikis, P2P social networking, Semantic Web mashups, and 3D virtual worlds. The latest consumer…