A-Team Insight Author: A-Team
Demand for Data Management Driven by Risk and Regulation
Cadis, the global EDM specialist, has secured 19 new global clients in 2011. These firms benefit from cleansed, validated and centralised data to feed into their risk, trading and compliance platforms. New notable clients include Prudential, ING, Loomis Sayles, Robeco, SCOR Global Investments and Indexium. “2012 will be the year of data overload for financial...
Bloomberg Ups the Open Ante
For those of you who have viewed Bloomberg’s moves towards openness to date with a sceptical eye, today’s announcement that it is making its Bloomberg API available to all – free of cost or restrictions – may force a rethink. Making the API – known among friends as BLPAPI – available to potentially competitive market...
Torstone Tackles Post-Trade Processing, Risk and Reference Data with Inferno
Torstone Technology has launched a new post-trade processing platform, using the software-as-a-service model. Torstone’s Inferno system aims to reduce middle and back-office costs while improving risk and reference data management with a solution tried and tested at Belgian banking group KBC. The software behind Inferno was originally developed and is used by KBC Group, and...
Intel Expands Networking Clout with QLogic Buy … But What Impact on Trading Systems?
Intel’s planned acquisition of QLogic’s InfiniBand business – announced last week – further advances its general ‘world domination’ plans in networking. And while its aspirations go way beyond low-latency trading, expect a trickle down that will over time impact how automated trading systems are implemented. QLogic’s InfiniBand offerings – shortly to be owned by Intel...
Rainier Investment Management Live on Charles River Data Service
Charles River Development (Charles River), a front- and middle-office investment management solutions provider, today announced that Rainier Investment Management (Rainier), an employee-owned investment firm with headquarters in Seattle, is live on the Charles River Data Service for reference data and real-time equity and fixed income market data. Rainier’s portfolio managers and traders receive data that...
1View Proposes Ref-Data.com as a Solution for Consistent Reference Data
Data management specialist 1View Solutions is offering financial data managers a short cut to clean and consistent reference data that avoids the pursuit of a single golden copy. Instead it provides an outsourced service that matches internal data with reference data from vendors including Thomson Reuters, Interactive Data, SIX Telekurs and Exchange Data International (EDI)....
Lime Brokerage Rolls LimeDirect Pre-Trade Risk; Minimises Latency, Shuns FPGA Technology
Lime Brokerage has rolled out its LimeDirect pre-trade risk service – providing compliance for SEC rule 15c3-5 while adding minimal latency. But unlike competitive services, the offering – which Lime officials say is based on an “innovative blend of hardware and software” – does not leverage FPGA technology, because Lime technologists believe it is too...
Q&A: Certichron’s Tim Costello on Why It’s Important to Know the Time!
In low-latency electronic trading, and especially in an increasingly regulated world, being able to document transactions and especially exactly when they happen – in a way that is provable when disputes arise – could be crucial. But who has the correct time? That would be Certichron, says its director of sales Tim Costello, below in...
Let’s Try Again for a European Consolidated Tape
Before there was Turquoise, there was Boat. And Boat, you’ll recall, was the industry’s answer to the then-incoming regulation designed to ensure that pan-European equity trades were reported to a mechanism available to all in a standardized way. This was required because Europe’s markets were about to fragment, due to the introduction of multilateral trading...
EDI Collaborate with 1View Solutions to Publish Comprehensive Reference Data
Exchange Data International (EDI), the well-established provider of Security Reference and Corporate Actions data, today announced the availability of its extensive range of global data through a new and radically different Reference Data service called Ref-Data.com. Ref-Data.com is a professional data network which allows Financial organisations to significantly reduce maintenance overheads, improve consistency and quality...