Trading Tech
Trading Floor Makeover
TRADING TECHNOLOGY
Credible Pricing
Turbulent market conditions have put increased pressure on evaluated pricing providers to ensure prices are credible. With fewer sources for dealer quotes and volatile markets, it is becoming more challenging to ensure data inputs are high quality and…
OSI: Managing the Impact Analysis
The business impact analysis, the logical first step of any options symbology initiative (OSI) program, should provide a complete view of the OSI's effect on an organization, its business processes and its systems, says Ernst & Young's Alan Paris, with…
The Corporate Actions Quest
If the need for risk reduction, greater automation and standardization of corporate actions was pressing prior to the financial crisis, now these requirements are urgent. Inside Reference Data gathered leading industry professionals to discuss the…
Atlantic thriving with SunGard ASP
Atlantic Fund Administration, the Portland, Maine-based third-party administrator with $2.5 billion under management, has realised significant benefits by opting to run its two mission-critical platforms supporting its fund accounting and transfer agency…
Growth by design
Odyssey Financial Technologies is a good example of a technology vendor that has grown its business through judicious acquisitions, to the point that now, from a buy-side perspective, it supports a range of mission-critical front-office functions via its…
Rio Tinto selects State Street for investment services
Rio Tinto, the Anglo-Australian mining group, has selected State Street to provide it with investment services for its $8 billion in assets. State Street will provide Rio Tinto with custody, fund accounting, securities lending and investment analytics…
Perfect Partners
The hosted services model is not a new phenomenon to the financial services industry. But during these testing times it has become more relevant to buy side firms offering managers the benefits of fixed IT costs, reduced time to market for new…
Calculating the real cost of technology
Buy-side firms are under increasing pressure to rationalise their technology infrastructures and staff compliments in an attempt to positively impact the bottom line. One way of doing this is by carrying out a total cost of ownership (TCO) exercise…
California hedge fund opts for FundManager
Tamalpais Asset Management, a $160 million San Francisco-based hedge fund focused on global convertible bond strategies, has implemented Linedata Services' FundManager platform for portfolio risk management and to enhance its reporting capabilities. By…
Instinet introduces Newport 3 EMS
Instinet, the New York-based provider of electronic trading and agency-only brokerage services, has launched Newport 3, its third-generation EMS (execution management system). According to Instinet, the platform includes enhancements to performance,…
Start-up hedge fund takes Panopticon for trading operations
KMM Trading, a Chicago-based hedge fund launched by JP Morgan veteran James Gislason, has deployed Panopticon's Explorer desktop product to create a more effective trading desk.
Texas endowment fund opts for general overhaul
When the time came for Austin-based endowment manager Texas Treasury Safekeeping Trust Company (TTSTC) to revamp its allocation process for alternative investment vehicles, a more robust risk management platform had to be part of the package. But rather…
Spotlight on Gil Shaked
EXENET, a New York-based technology services and outsourcing provider targeting hedge funds, wealth managers, and law firms, has tapped Credit Suisse veteran Gil Shaked to succeed Umit Cinali as chief executive. With 25 years' experience in risk…
LIM Advisors live on Capstone
LIM Advisors, an Asia-based multi-strategy investment group headquartered in Hong Kong with additional offices in Tokyo, Beijing, Connecticut and Mauritius, is live on Capstone, Fidessa LatentZero's front-office suite. According to the London-based buy…
Macquarie live on Calypso
Macquarie Group Limited is now live on the Calypso trading and risk management platform for loans and deposits, front to back office, and cash management.
The TCO conundrum
Implementations can be beset by unforeseen hiccups, which tends to result in inflated budgets and missed deadlines. SmartStream's TLM OnDemand addresses users' total cost of ownership challenges and provides buy-side firms with reduced time to market…