In its first iteration since the global Covid-19 pandemic, next week’s A-Team TradingTech Summit Virtual has a sharp focus on how emerging technology and infrastructure are presenting capital markets organisations with the opportunity to digitally transform their businesses. With the work from home phenomenon and the explosion in data volumes pointing to the need for a more flexible and data-driven approach, the event will discuss how practitioners can benefit from the adoption of modern applications, cloud technologies and optimised infrastructures in their trading operations.
Irina Sonich Bright, Managing Director at Credit Suisse, will kick things off with a fireside chat on the outlook for trading technology, in particular how to leverage disruption to drive innovation. That will be followed by the first panel session of the day, featuring representatives from Citihub Digital, Deutsche Bank and IPC, which will look at how firms can adopt a flexible and scalable cloud-based data infrastructure to support business agility and AI.
“The power of cloud and SaaS services is undeniable and, when leveraged properly can provide unparalleled levels of flexibility and agility,” says panellist Tim Carmody, Chief Technology Officer, IPC. “However, financial organizations need to be very methodical in moving workflows and data into the cloud to ensure they retain their competitive advantages in trading with deterministic performance, low latency, continuity of experience and without jeopardizing security or compliance. Private and hybrid cloud models can provide the advantages of the cloud including advancing access to data, AI and new technologies but still retain guarantees and governance.”
Nathan Snyder, Head of Banking and Capital Markets Consulting at DXC Luxoft, will deliver a keynote speech discussing the opportunities now facing trading firms: ‘The Capital Markets Enterprise 2021: Digitalizing for competitive advantage’. “DXC Luxoft is delighted to participate in this year’s Trading Tech Summit Virtual,” says Snyder. “We’ll be sharing our ideas and providing our perspective on new trends in the capital markets industry and the advantages of digitalizing, based on our experience in the market. This is a real opportunity to engage with our target audience and our peers, and to discuss important issues facing the capital markets industry, such as how banks can use innovative technological solutions to move faster in their digital transformation journey.”
The next panel session, featuring IgniteG2M, Credit Suisse, TD Securities, CJC, BSO and Options IT, will focus on optimising trading infrastructure for high performance in fast markets.
“There are many elements involved in trading infrastructure, including data centre hosting, low latency connectivity between global data centres, and – increasingly – connectivity into and out of the cloud,” says panellist Judith Perez Monasterio, Account Director at BSO. “I’m very much looking forward to discussing with the other panellists how all of these aspects are coming together, and hearing their perspectives on the topic”.
Steve Moreton, Global Head of Product Management at CJC, who will also be on the panel, adds, “Firms are increasingly looking for analytics from data infrastructures, trade infrastructures and post trade systems to predict what their costs are going to be, especially as firms look to push towards cloud. So I’m hoping to discuss how the same disciplines used in trade infrastructure monitoring can benefit firms elsewhere as well.”
The final panel session of the day will look at how firms can accelerate digital transformation and migrate legacy apps to create a best in class trading environment. “We expect to gain some unique insights into real world business problems, which we can then map on to features and functions of our platform,” says James Wooster, COO of Glue42, who will be joined on the panel by representatives of JP Morgan, BNY Mellon and DXC Luxoft. “As an integration vendor, it will allow us to validate we’re on the right track in terms of building our ecosystem. And understanding how other software vendors want to embed their software in their client systems is part of that learning exercise.”
This year’s TradingTech Summit Virtual certainly promises to be an informative and engaging event. We look forward to seeing you there.