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

Perplexed By Percentages

Subscribe to our newsletter

A couple of weeks ago, together with Reuters, we conducted a survey of the marketplace to find out how well latency measurement is entrenched, and what users thought of datafeed providers and measurement tool vendors. And we asked them to comment on their current market data handling infrastructures too. 

One figure that came back – which I had an instant gut reaction against – is that 39 per cent of respondents reckon their systems are adequate to cope with increasing market data volumes. To me, this number seemed just too high, given what we are being told to expect about data rates from OPRA, etc. A further 31 per cent reckoned their systems would be able to cope following planned upgrades.

Contrast those figures with just 24 per cent suggesting that measurement/monitoring tools are currently adequate (the rest say that tools are not good enough, or are still investigating tools, including finding out what’s out there because they don’t know of any). There’s an old adage in the IT industry and I’ve heard it a lot of late. It’s that unless one can monitor/measure it, one can’t manage it.

Personally, I reckon many of the 39 per cent are large investors in silicon – not the silicon of microprocessors, but the silicon found in large buckets of sand.

Am I being harsh? Of course, I’d be delighted to hear more from you on this subject.

Until next time … here’s some good music.

[tags]OPRA,benchmarks,latency measurement,latency monitoring[/tags]

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

smartTrade’s kACE Acquisition Signals the Next Phase of FX Derivatives Automation

smartTrade’s agreement to acquire kACE Financial from BGC Group underscores a decisive shift in institutional FX trading technology, as the market moves beyond connectivity-led platforms toward deeper pricing intelligence, derivatives automation, and converged front-office workflows. Under the terms of the transaction, kACE is valued at up to $119 million, comprising an initial $80 million payment...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...