About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

It’s Getting Better …

Subscribe to our newsletter

… Getting better all the time. That’s my assessment of the economy as far as spending on IT by Wall Street is concerned. Sorry, having just picked up the remastered Beatles classic Sgt. Pepper’s Lonely Hearts Club Band, I couldn’t resist tapping Lennon/McCartney’s track 4 title for this blog post.

I’ll offer just a couple of data points. First, near to home for me, the record numbers that attended last month’s High Performance Computing on Wall Street event. Nearly 20 world-class sponsors supported the day, the exhibit space was sold out, and the entire event was, as Intersect 360 Research’s analyst CEO Addison Snell put it, “packed.”

Another item of news piqued my attention the other day. Mellanox Technologies – a data centre networking vendor – is raising its third quarter financial guidance to a record $32 to $32.5 million – that’s up 26% on the second quarter, and 11% on its 2008 third quarter. We’ll have to wait until October 21 for the final figures but the news is very good. Mellanox’s InfiniBand and Gigabit Ethernet technology underpins low latency trading architectures, data centre virtualisation and cloud computing. Make the connection.

And to put these signals in context, think back just a year to the death of Lehman Brothers and those botched bailouts, and one would have had to then agree with Lennon’s pessimistic contribution to that song, that “It can’t get no worse.”

A final note, staying with the Beatles theme, is to say thanks to Blade Network Technologies CEO Vikram Mehta for gifting copies of The White Album to fellow participants in the HPC on WS panel on “Building The World’s Fastest Trading Network” … and of course – while the company is not allowed to mention it – we now know the role being played by Blade in NYSE Euronext’s ambitious plans, which represent its own vote for the future.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The future of market data – Harnessing cloud and AI for market data distribution and consumption

Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process, and extract value from market data, offering greater scalability, efficiency, and intelligence. This webinar,...

BLOG

Slaying the Monolith: A Pragmatist’s Guide to Modernising Trading Architecture

For decades, trading technology has been haunted by large, intricate, all-in-one applications that power core business functions, aka the monolith. While once a necessity, these systems have become a source of immense friction. They are brittle, expensive to maintain, and notoriously slow to change, creating a chasm between business demands for agility and IT’s capacity...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...