A-Team Insight Author: A-Team
Metamako, MayStreet Take Steps For Time-Stamped Order Ledger
FPGA networking platform provider Metamako has added market access and data analytics provider MayStreet’s services to its network, which will make it possible to develop a time-stamped order ledger, according to Ciaran Kennedy, head of US operations at Metamako. “MayStreet’s ability to decode market orders, extract our time stamp and combine the two, would allow...
General Data Protection Regulation – The Time to Implement is Now
General Data Protection Regulation (GDPR) is broad, rigorous and challenging – and its compliance deadline is just 12 months away. So, how are organisations responding to the regulation, what progress are they making on implementation and what steps can they take to ensure compliance within the 12-month timeframe. These questions and more were answered in...
Corvil Readies Artificially Intelligent Cyber Security Service
Financial analytics service provider Corvil plans to take its new Cara virtual cybersecurity service from beta mode to fully operational at the end of June, according to David Murray, chief business development officer at the company. Cara is designed to meet security needs of electronic trading operations, to protect trading business against cyber attacks, and...
NovaSparks Gets Last Missing US Market Data Feed
Field programmable gate array (FPGA) market data services provider NovaSparks has completed its array of supported feeds with the addition of the Securities Information Processors (SIP) feed, according to Olivier Baetz, chief operating officer of the company. NovaSparks now supports direct feeds for all 12 US equity protected markets — the SIP feed was the...
FRTB Data Management Challenges Call for an Immediate Start on Implementation
The compliance deadline of Fundamental Review of the Trading Book (FRTB) regulation may be 18 months away, but the data management challenges it presents suggest firms should start implementation early to deal with the details. Among the most pressing challenges are souring required market data, ensuring data accuracy, accessing data in a timely way and...
FRTB’s First Steps and Stages
The Fundamental Review of the Trading Book (FRTB) regulation being instituted by the Basel Committee on Banking Supervision (BCBS) in January 2019 is the de facto successor to the global banking supervision organisation’s Basel III guidelines on market risk and capital adequacy. Financial services firms are beginning to consider the demands FRTB makes on their...
Get Ready for the Revolutionary Requirements of the CAT
The US Consolidated Audit Trail (CAT) is a broad, detailed and revolutionary regulation mandated by the Securities and Exchange Commission (SEC) and due to come into force in 2018. Its data requirement surpasses that of its predecessor, the Order Audit Trail System (OATS), and presents challenges around the reporting of correct customer and account data....
Portware AI System Growth Leading To ‘Bionic’ Trading
Building on the expansion of its Alpha Pro artificial intelligence agent for trading, begun in November, trade execution management system (EMS) provider Portware is moving toward what its CEO, Alfred Eskandar, calls a “bionic trading desk.” From March 2009 to March 2017, Portware’s Alpha Pro technology has delivered 133 basis points in return on micro...
Opus Resolve API Searches Multiple Entity Databases in Real Time
Opus, parent of Alacra, has introduced Resolve API, an application programming interface designed to help firms search multiple entity databases in real time and speed up the integration of entity reference data with businesses processes. A couple of early adopter banks are using the solution to maintain a single and accurate view of client records...
‘Tick To Trade’ Emerges As Latency Solution
The latency solution developed jointly by Solarflare and LDA Technologies has delivered a lower latency by figuring out how to push packets of information through their system faster and more directly, explains Ahmet Houssein, vice president of marketing at Solarflare. Using the “tick-to-trade” method of picking up packets sent through a user datagram protocol (UDP),...