Trading Tech
European wealth management technology providers adjusting to crisis
Although less affected by tumultuous financial market conditions than other sectors of the buy-side industry, the European wealth management arena has had its share of adjustments in the face of challenging conditions, requiring vendors to hone their…
StreamBase sees Aleri-Coral8 clients up for grabs following merger
As complex event processing (CEP) garners more traction among buy-side and hedge fund managers, competition among CEP vendors has become intense.
Institutional client reporting platforms set for wider uptake
Traditional asset managers and hedge funds will increase spending on client reporting platforms in coming years in order to address requirements from institutional investors and regulators for greater disclosure regarding investment strategies,…
Old dog new tricks
Linedata Services is a name long associated with the buy side through its LongView OMS, various accounting and electronic trading tools, and more recently its 2005 acquisition of Beauchamp Financial Technology. But as Victor Anderson discovers during his…
Moving ahead while the SEC plays catch-up
The SEC clearly has its work cut out for it in terms of reforming the US financial system and cracking down on the myriad criminal acts now coming to light amid withering market conditions. By Stewart Eisenhart
Baptism of fire
Counterparty risk has historically been an issue mostly for sell-side institutions to address, but the collapse of Lehman Brothers laid that notion to rest. Now, investment managers have had to get up to speed on what risks their counterparty exposures…
Spotlight on Patricia Watters and Mason Snyder
Buy-side industry veterans Patricia Watters and Mason Snyder have launched Catalina Partners, a new risk advisory firm focusing on institutional investors and investment advisors. Watters and Snyder explain that through their new venture, they will cover…
Compliance 2009: Who's pulling the strings?
Compliance, like risk management, has traditionally been seen as a business process that curtails portfolio managers’ ability to generate returns. But this has changed to the point that now managers see compliance as a way of winning mandates. By Victor…
Keeping Up With the Dow Joneses
As machine-readable news algorithms gain more attention, firms and vendors alike must pay close attention to monitoring technologies to avoid the dual pitfalls of automated trading-latency and message loss. By Steve Wong, vice president of marketing at…
Saxo CEO: Data Is Both Cause of And Cure for Economic Crisis
Financial firms must focus on improving data quality process automation to navigate their way out of the current financial crisis, while regulators and competitive forces will also dictate change by contributing to further requirements for increased…
Vhayu Debuts Real-Time TCA Module with EZX
Vhayu Technologies will this week unveil a new module of its Velocity tick data processing engine that enables users to run transaction cost analysis in real time and gives them more control over the types of analyses they can perform.
Savvis Completes Euro, Canada Lineup
Network and hosting services provider Savvis has rounded out its connectivity to alternative trading venues in Europe and Canada with the addition of access to pan-European multilateral trading facility Turquoise and Canadian alternative trading system…
Latency Still a Priority, But Not 'Holy Grail'
At the cutting edge of market data, firms are still investing in the latency arms race by adopting the latest technologies and strategies for reducing latency, though some participants are beginning to question whether they can justify the investment…
Burgundy Runs Acceptance Test for May Launch
STOCKHOLM-The 15 members of Nordic multilateral trading facility (MTF) Burgundy are in the process of testing Cinnober's TradExpress trading engine in preparation for the venue's slated launch on May 8, officials tell DWT .
Broadridge Automates Account Transfers
NEW YORK-In order to provide more streamlining capabilities to its Ascendis suite of business process management (BPM) products, financial technology outsourcing provider Broadridge Financial Solutions aims to link its New Account Opening and Account…
Metastorm Upgrades BPM System
BALTIMORE-Officials at business process management (BPM) technology provider Metastorm plan to announce tomorrow, March 31, the launch of version 8.5 of Metastorm Integration Manager, which includes a new Web-based interface for service management.
IPC Debuts Offering for Small Firms
JERSEY CITY, N.J.-Trading floor communications technology provider IPC Information Systems has recently launched Alliance Express, a packaged product targeted for small and midsize firms.
SmartStream Enters the SaaS Market
LONDON-Boutique and midsize sell-side firms seeking to deliver a reconciliation service to their customers now have the option of implementing TLM OnDemand, a hosted version of TLM Reconciliations from trade-lifecycle management vendor SmartStream.