A-Team Insight Blogs The latest content from across the platform
Cloud Platforms Gain Traction in Low-Latency Trading
Cloud platforms – once viewed as suitable only for middle- and back-office operations – are being increasingly adopted to support the front-office. While cloud remains a much overused buzzword, true cloud technologies are now delivering the kind of performance required for low-latency trading, and offer mechanisms to marry business return to technology investment. This topic…
Talking Reference Data with Andrew Delaney: How to Profit from LEI
As predicted here, the Summer of LEI continues unabated. Returning from a couple of weeks in the Mediterranean – now on a diet – I read with interest our own Sarah Underwood’s account of the Financial Stability Board’s inaugural Legal Entity Identifier (LEI) Private Sector Preparatory Group (PSPG), and settled down to catch up on…
Actian Links to Hadoop
Actian is planning to release a bi-directional data connector between its Vectorwise analytical database and Hadoop. It allows unstructured data from Hadoop to be pulled into Vectorwise for fast analysis, and then pushed back into Hadoop, or other systems. The data connector will be available by year end.
Market Data Tools Pitches DeltaT Latency Measurement to App Developers
Startup Market Data Tools is rolling out DeltaT, a latency measurement tool with a focus on the needs of developers writing interfaces to market data feeds. Founded by former Thomson Reuters software development specialists, Market Data Tools is aiming DeltaT at a more focused marketplace than that being addressed by latency monitoring heavyweights Corvil and…
OneMarketData Wins in Asia and Plans Front-Office Reference Data Product
OneMarketData has won its first OneTick customer in Asia and is planning the addition of reference data to the complex event processing (CEP) and tick data management solution. The company’s entry into Asia is with SBI Securities, a large online securities firm in Japan. SBI went to market with a competitive tender for systems integrators…
Knight Under New Ownership Following ‘Algos Gone Wild’ Debacle and $440 Million Trading Loss
Knight Capital Group now has new owners as a result of hastily arranged $400 million equity refinancing, required to keep the trading firm alive after trading losses last Wednesday of $440 million, the result of algorithmic trading that went horribly wrong. The new equity – two percent preferred shares that may be converted into common…
Markit Combines CVA and Capital Solutions Ahead of Basel III
Markit has combined its credit valuation adjustment (CVA) and regulatory capital solutions on one platform with a view to helping banks reduce the costs and overheads of meeting Basel III capital requirements. The Markit Analytics CVA & Capital platform integrates the management of CVA and internal model capital, allowing users to meet Basel III regulatory…
EDM Council Promotes Data Management Maturity Model as Industry Standard
The Enterprise Data Management (EDM) Council has completed the core content of a Data Management Maturity (DMM) model aimed at helping financial services firms improve risk management and operational efficiency. The EDM Council expects the DMM to become an industry standard and suggests it could, in the long term, become a regulatory requirement for firms…
xCelor Taps Arista Application Switch for FPGA-based Ticker Plant, Pre-Trade Risk
Chicago-based market data feed specialist xCelor is getting set to release ticker plant and pre-trade risk functionality running on Arista Networks’ 7124FX Application Switch. The switch combines a Stratix V FPGA from Altera with a network switch for data processing as close to the network as one can get. The company is currently testing its…
Winning the Big Data Race for Trading Communication
By Paul Metcalfe, Orange Business Serviceswww.orange-business.com Big data is increasingly becoming a key concern for technologists, especially with the recent introduction of recording for voice and SMS on mobile phones for trading activities in the UK. As additional voice recording requirements contribute to the growing repository of data firms have to hold to comply, the…