A-Team Insight Author: A-Team
Rimes and Bi-Sam Partner to Co-Develop Performance Solutions
Rimes Technologies and Bi-Sam have boosted their commitment to work together and deliver streamlined performance solutions for asset managers based on Rimes’ index and benchmark data management and Bi-Sam’s performance measurement and reporting functionality. The companies already have a joint interface to their solutions that is well used, but the new partnership will provide a...
Chicago’s Mini-Prop Shop Boom Creates a Boon for Low-Latency Providers
The Volcker Rule, part of the larger Dodd-Frank Financial Reform Act, is an attempt to bar banks from proprietary trading – or making trades for their own benefit – with customer funds. Many banks have pushed back against the proposed rule citing a threat to some of their most profitable activities. In response, the rule...
MemSQL Launches In-Memory Database
Startup MemSQL has gone public with the launch of its in-memory database, and has named a number of investors who are backing it to the tune of $5 million. A key feature of the database is the translation of queries from SQL to C++ in order to boost performance. Other key features pitched by the...
ScaleOut Addresses Big Data In-Memory Analytics; Adds Multi-Site, Cloud Support
ScaleOut Software has released version 5 of its ScaleOut StateServer in-memory data grid. For the first time, it supports linking grids across physical sites, including leveraging cloud services – providing an elastic architecture for big data analysis. Version 5 is currently available for public clouds Amazon Web Services and Windows Azure. “By helping developers and...
G20 Approves FSB LEI Plans but Implementation Remains Controversial
This week’s decision by the G20 to endorse the Financial Stability Board’s (FSB) recommendations on a global system of legal entity identifiers (LEIs) to counter systemic risk met a mixed response with potential parties to the development of the system glad of the G20’s go ahead, but still disagreeing on how the system’s infrastructure should...
Lowering the Latency at SIFMA
The annual SIFMA financial tech expo has just concluded in NYC, and here are a few of the low-latency highlights – from an event that sadly overall looks to be heading for the twilight zone. * Best in show in my book was Zeptonics, launching its ZeptoLink fan-out and electronic patch panel, with port to...
Brown Brothers Harriman Works with DTCC to Reduce Risk in Corporate Actions
Brown Brothers Harriman (BBH) has gone live with DTCC’s standards-based corporate actions real-time messaging and expects the solution to provide both operational efficiencies and reduced operational risk. The solution is part of a multi-year corporate actions reengineering project at DTCC that will replace 60 legacy systems by 2015 with a single platform that is compliant...
Deutsche Bank Demonstrates Benefits of Data Visualisation
Visualisation techniques are essential to gaining insight into data, processes and systems, and could also answer the question of whether high frequency trading is good or bad for financial markets, said Kerr Hatrick, head of Deutsche Bank’s Quantitative Products One team for Europe and Asia at MathWorks’ Matlab Computational Finance Conference in London this week....
Q&A: CFN’s Mark Casey on Latency Futures, Proximity and Cloud
Time to take the pulse again, here at SIFMA, to get updated on the status quo, and find out what’s coming next. IntelligentTradingTechnology.com got such insight from Mark Casey, President & CEO at CFN Services. Q: Compared to a year ago, where are trading firms focusing in their efforts to align latency reduction with their...
Talking Reference Data with Andrew Delaney: It’s Hot in New York
The New York Hilton is not best known for its air conditioning, and with temperatures threatening to hit 97 degrees Fahrenheit the second day of the Sifma Tech leaders conference promises to be challenging. It’s a busy and hot New York week. We kicked it off with some client meetings Monday, followed by the ubiquitous...