Palo Alto, CA – Kx Systems, a leader in high-performance database and time-series analytics, today announced it has signed an OEM partnership with FirstBPM, a global provider of business process management integration software. As part of the deal, FirstBPM will deploy kdb+ to greatly enhance the speed and performance of its data analytics processes.
Stuttgart – GFT, one of the world’s leading IT solutions providers for the financial services industry, today published a study examining the ’big data’ challenges facing the corporate, retail, institutional and insurance financial services sectors. Overall, the study finds that managing, marshalling and improving the overall quality of their enterprise and customer data and meeting ever-increasing regulatory requirements are top priorities for financial services firms.
BOSTON — REDI Holdings LLC (“REDI”), the independent, industry-backed provider of the REDIPlus® execution management system (EMS), today announced the strengthening of its sales, account management and development capabilities in the New England region with the hiring of Sean Graham and Roseann Hoffman Woodford, two seasoned equity trading professionals, and Jeremy Warburg, a veteran buy-side software developer.
Risk data is an area that has been largely overlooked for many years. Today the situation is different and the area is facing increasing regulatory scrutiny, as Systemically Important Financial Institutions (SIFIs) rush to comply with the Basel 239 Principles for Effective Risk Data Aggregation and Risk Reporting. An enterprise’s success depends on its ability to analyze risk data efficiently and effectively, in ways that uncover both risks and opportunities. Being able to extract and escalate critical risk information is nearly impossible without a robust risk management framework supported by a strong technology infrastructure.
Ian Domowitz, Managing Director of ITG and CEO of ITG Solutions Network, talks to ATMonitor about transparency in terms of institutional trading and how Best Execution can be achieved across different asset classes.
Ian Domowitz, CEO of ITG Solutions Network, talks to ATMonitor about the problems surrounding Big Data in terms of real-time TCA. Domowitz discusses the main issues including the volume, the variety and the velocity of the data.
THE TRADE invites you to participate in the EMS Survey for 2014, now in its second year running. If you are trading electronically, we would appreciate your input on the use of EMS systems, which features you consider important and how you rate their current capabilities.To express our thanks, all participants are eligible for a free one-month online subscription to thetradenews.com. Please click here to participate.read more
Electronic trading firms use information technology to automate business operations at every stage of the trading process, from dissemination of news and market data, to order processing and forwarding, to trade execution and clearing. Automation makes these operations faster and more efficient, reducing trading costs and delays. It also makes firms more dependent on the performance and reliability of IT Operations, and creates challenges for application and network performance management.read more