BST Panel: Algo Performance More Important Than Speed

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Peter van Kleef, Neil J. Smith, Mark Kontkowski and Brendan McCarthy speaking at the BST European Summit.

Asset managers are more worried about the alpha performance of the algorithms they deploy than their speed, according to panelists speaking at yesterday's Buy-Side Technology European Summit, hosted in the suave surroundings of the Royal Horseguards Hotel in Westminster, London.

Moderator Peter van Kleef, managing director of inter-dealer broker Lakeview Capital Market Services, was joined on the panel by Neil J. Smith, vice president of State Street Global Advisors (SSGA); Mark Kontkowski

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