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

Upcoming Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With Date: 20 May 2024 Time: 11am London / 1pm Egypt & Saudi Arabia / 2pm United Arab Emirates / 6am CET Duration: 50 minutes As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United...

BLOG

Forge Launches OMS for Institutional Trading in Private Markets

Forge Global Holdings, the infrastructure, data services, and technology solutions provider, has publicly released Forge Pro, a trade order management system (OMS) specifically designed for institutional investors trading in private company securities. As the interest in private markets grows among institutions, Forge Pro aims to make private market data more accessible while providing investors with...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...