Real-time Data Feeds: Creating a Competitive Differentiator Through Event-Driven Trading [ Source: Bloomberg ]
November 2011- There's money in the microsecond. Traders today realize that market-moving insights can be gleaned from an ever-growing pool of unstructured data. Leading firms use complex strategies powered by machine readable news to compete in the low-latency space. Automated event-driven trading exploits market inefficiencies or volatility that arises in response to breaking news, economic releases and other events. While the average time it takes for news stories to move markets today is about 4 seconds, Bloomberg's Event-Driven ...
SunGard Valdi [ Source: SunGard Financial Systems ]
April 2010- SunGard recently commissioned a study on the evolving role of the buy-side trader in today’s dynamic economic environment, identifying challenges faced by traders today as well as those that must be anticipated tomorrow. Based on their findings, SunGard concluded that choosing the right strategic technology partner while embracing new solutions is essential to tackling these challenges. SunGard’s Valdi helps firms trade multiple asset classes and source new liquidity for growth while managing costs. ...
Trading Ecosystems: Meeting the Challenges of Today's Fragmented Liquidity Markets [ Source: Savvis ]
May 2010- Trading “ecosystems” offer an attractive solution to the challenges raised by liquidity fragmentation, regulatory change and technology innovation. Such ecosystems bring together liquidity points, content, services, and IT infrastructure to enable successful execution of the entire trading lifecycle. They allow trading firms to shift the burden of technology acquisition, maintenance, and management over to specialists, while supporting critical pre-trade, trade execution, and post-trade activities so they can focus on their core businesses, improve operational efficiencies ...
Solace's Unified Messaging Platform [ Source: Solace Systems ]
June 2009- Solace's Unified Messaging Platform is the first solution that handles all the major types of enterprise messaging in a single purpose-built hardware platform, with a single API and detailed management and monitoring. The Unified Messaging Platform simplifies the messaging infrastructure, improves performance, reduces time to market for new applications and slashes operational complexity and expense. Solace's Unified Messaging Platform supports ultra-low latency data distribution, high volume fanout, persistent message queuing and WAN-optimized messaging, all with ...
Nationwide Rollout and Global Technology Deployment Internal Resources Requirements [ Source: Concert Technologies ]
April 2009- Nationwide rollouts and global technology deployments are complex projects that require expert management of people and technology. A project�s success is as dependent on the internal resources that deploy it as the technology installed. An inexperienced Project Facilitator or overburdened Project Manager can easily become overwhelmed -- which can cause massive repercussions that inevitably translate to increased costs or delayed implementation for your project. As the third in our series, this paper continues the ...
Lower Project Costs and Time of Technology Rollouts [ Source: Concert Technologies ]
September 2008- The rapid deployment of nationwide technology rollouts requires well-defined processes, robust management skills, and a unique understanding of how to get the job done. Without a proven Technology Rollout System, you run a high risk of project complications that result in increased costs, missed deadlines, and an overwhelming burden on internal resources. This paper explains what a Technology Rollout System is, how it lowers costs and saves time without compromising quality, and provides essential questions ...
TS-3000i TimeSync Web-based Clock [ Source: Amano Cincinnati, Inc. ]
May 2009- Amano's innovative TS-3000i turn-key web based clock provides users with automatic time synchronization for validated time. This clock will run on its own by employing easy-to-use resident time synchronization schedules with a back-up system that sends e-mail notification and SNMP trap alerts. It also generates time sync reports on events for a potential audit. The TS-3000i will provide the end user with savings in time, effort and money! Time synching clocks are used ...
Basel II accord and its implementation [ Source: Headstrong ]
February 2009- The white paper describes Basel II accord on bank regulation and its implementation throughout the world. The paper explains measurement and regulation of operational, credit and market risk. It analyzes various models that banks should leverage to quantify risk. The paper also explains the mathematical concept of Value at Risk (VaR) and its relevance to Basel II accord.
Structured Products Gain Traction in Eastern Europe [ Source: Orc Software ]
December 2008- Eastern European financial markets are increasingly looking beyond equities and other “plain vanilla” investment products. As markets mature, a move to more sophisticated investment products follows naturally. The current economic unrest has accelerated this trend. Trading in warrants, certificates and other structured products is now growing rapidly across Continental and Eastern Europe. From this follows an increasing need for technology to support “financial engineering.”
Liquidity Risk Management - Good Practices for Broker Dealers [ Source: Tata Consultancy Services Ltd ]
February 2009- The paper deals with criticality of adherence to good liquidity management practices by broker dealers. Liquidity is essential to the viability of broker dealer firms. Any risk posed to the timely and cost-effective supply of liquidity can be disruptive in many ways. Therefore, it is crucial for broker dealers to devise and implement appropriate liquidity risk management practices and strive to create a risk sensitive culture across their organization.
The Advantages of Enabling Order Execution in Hardware [ Source: Solace Systems ]
August 2008- In order to avoid lost opportunities and customers, sell-side firms need to guarantee the rapid delivery of trade-related messages to avoid lost and late messages through back-office order processing systems. Traditionally, firms have relied on software- and server-based systems to process trades. With the increasing volume of orders, the widespread adoption of algorithmic trading systems and the demand for lower latency, existing systems are not able to keep up with the demand. Solace Systems' hardware ...
Enabling Market Data Distribution in Hardware [ Source: Solace Systems ]
August 2008- With the rising volume of market data, it is becoming more critical for financial service firms to maintain low-latency. Today's software-based solutions support only limited traffic, which means that firms are continuously deploying new servers that come with large costs including: capital outlay and software licensing and deployment, maintenance and datacenter resources. Financial services firms that take this approach discover that there are many challenges when deploying multiple servers as there is an inherent unpredictability ...
Multi Symbol Spread Trading White Paper [ Source: Aegisoft, LLC ]
June 2008- This whitepaper explains what multi-symbol spread trading is an how it works.
Hedge Fund Portfolio Pricing Best Practices [ Source: Paladyne Systems ]
May 2008- Hedge fund pricing has always been, at best, a highly inconsistent and unreliable process. The hedge fund industry has never been required to adopt a standard policy for valuing securities, especially the private, illiquid, and over-the-counter asset classes. However, recent market volatility and mounting pressure from institutional investors has forced hedge fund managers to focus on the adoption of a standardized pricing and valuation methodology. More recently, the issue of pricing and valuation has escalated ...
THE NEXT GENERATION PRIME BROKER [ Source: Paladyne Systems ]
October 2007- As the hedge fund industry continues its rapid growth and assets pour in at record levels amid rising institutional allocations, industry dynamics are changing significantly. Recent high-profile blow-ups have led to calls for increased operational scrutiny and transparency of investment processes. Managers have been forced to upgrade their operations and accounting infrastructures amidst intense cost pressures. Competition for investors has moved managers away from traditional investments into emerging markets and over-the-counter products which has created ...
The Need for Multi-Prime Brokers [ Source: Paladyne Systems ]
October 2006- In the fast changing and demanding world of hedge funds, managers continue to chase opportunities by expanding into strategies that promise higher returns, while managing their operating costs. At the heart of any hedge fund’s operations is its dependency on the prime broker—or as is the case in most leading funds, dependency on multiple prime brokers. For smaller managers the structural challenges of adding a second or third prime can be prohibitive and ...
Hedge Funds Catch the Outsourcing Wave [ Source: Paladyne Systems ]
March 2006- In the fast paced world of hedge funds, managers face a myriad of new trading and operational challenges. There is increased pressure from investors and regulators for more transparency. Competition for investors continues to heat up. Investment products are becoming increasingly complex, and new markets are creating greater investment risk. Managers are struggling to maintain high and consistent performance results. Traders have shifted their focus into complex derivatives and non-traditional assets which require multiple prime ...