A-Team Insight Blogs The latest content from across the platform
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…
FSB Private Sector Preparatory Group Agrees LEI Development Schedule
The first meeting of the Legal Entity Identifier (LEI) Private Sector Preparatory Group (PSPG) initiated by the Financial Stability Board (FSB) and held in New York last week consulted on the development and use of a global LEI system, concluding that any system should ultimately extend beyond financial markets to cover the global financial services…
Dalglish to UBS as CTO of Group Data
Tom Dalglish has joined UBS as CTO, Group Data. In this role he will be “Making it easier to access reference data for the enterprise.” Dalglish was previously director and chief information architect, Equities at Bank of America Merrill Lynch, and also held positions at JP Morgan, Bear Stearns and Summit Systems. He is also…
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…
Boston Ships ARM-Based Servers
Server vendor (OK, they sell workstations too) Boston has begun shipping its Viridis server, which leverages low power ARM chips – most popularly found in mobile devices – from Calxeda. The rack mountable 2U server comprises 192 processing cores and is being pitched at high throughput applications, such as big data processing. Each server draws…