Risk Management, Performance & Reporting
Selecting the Proper ETRM Platform
After the collapse of Enron, the California energy crisis and misreporting of gas prices, the market for software to support energy trading and risk management (ETRM), hit a low point. In the last two years, however, the market has picked up, largely…
Industry Debuts Hybrid Emission Trading
The emissions market has taken its first steps to greater transparency as inter-dealer broker GFI Group recently launched its Web-based EnergyMatch trading platform for over-the-counter (OTC) energy derivatives.
New Year, Old Challenges
The beginning of every January brings that short, but brilliant, burst of collective optimism that this year will be better than last year: Business will pick up, IT will have enough resources to meet all the demands placed upon it by the business lines…
Managing Reference Data in the Asia-Pacific Market
While firms in Europe and the US typically operate under one or a few regimes with specific data requirements, Asia-Pacific firms frequently trade in most of the local domiciles, requiring different market, customer and instrument data, says Coexis's…
Anticipation grows for increased buy-side use of equity derivatives
Over-the-counter equity derivatives markets are growing at a slower rate than their credit derivative brethren, but the steady expansion of these instruments, combined with their risk characteristics and the changing requirements of pension funds and…
Credit: the long and short of it
Credit-based hedge funds were particularly hard hit by the US sub-prime fiasco and the ensuing liquidity crisis, most notably in the CDO market. But as Matthew Atwood discovered during Credit magazine's roundtable held last November, credit still has an…
Who Said What And When
BST's 'Big Interview' featured a number of buy-side practitioners with a variety of views during 2007...
Latency, CEP Drive Change as Firms Favor Incumbents
The demands of low latency and the complexities of event processing technologies for data and pricing were the main drivers for new deals and deployments during 2007, as-for the most part-end-user firms expanded agreements with trusted providers rather…
Panels: Firms Must Cut Internal Latency
The growth of data volumes from new trading and reporting venues, and the need for ever-lower latencies for algorithmic trading, are forcing firms to re-evaluate their existing data infrastructures and consider dual tiers of technology, to eliminate…
The New Liquidity Risk
WATERS BRIEFING
RiskData rolls out latest version of HEDGiX
RiskData, the Paris-based provider of risk management software for hedge funds, has released the latest version of HEDGiX, its flagship product.
The year of hedging dangerously
As the calendar winds down, I don't know whether it's more reassuring to look ahead or to look back. This was a rough year. While not entirely an annus horribilis , it was one that traders, IT staffers and industry observers will remember for the lessons…
Quantifying value in a qualitative world Assessing the true value that asset management firms derive from their IT investments is usually a subjective - and hence contentious - exercise. But that doesn't mean it cannot be done, and done accurately and ob
Despite the proliferation of electronic and self-directed trading tools across the investment management universe, a new industry report shows that issues such as increasing market volatility, changing commission arrangements, and fragmented liquidity…
The end of an illusion
It's getting ugly out there. That's hardly surprising news, but still arguably shocking. The Great Credit Crunch of 2007 has now officially expanded beyond the first wave of casualties - hedge funds over-exposed to shadily structured mortgage-backed…