Where Should You Spend Your IT Budget in 2015?
Capital Markets Outlook 2015: A bank can get the biggest bang for its IT buck by implementing agile development methodologies. Banks that use agile deliver 96% of their projects on budget and 79% of them on time.
Global Banks Need to Demonstrate RDA Progress in 2015
Capital Markets Outlook 2015: As the January 2016 deadline approaches for BCBS 239, also known as risk data aggregation, banks need to make sure they have a definitive RDA plan, and can show regulators they are getting closer to their compliance goals.
Why There's Confusion Over Valuing Bitcoin
Bitcoin presents a new type of nontraditional, highly technical, experimental, and global digital instrument to our already complex world. That fact should not conjure fear. It should engender excitement.
Trad-X SEF Reaches $1T Volume Milestone
Tradition's SEF Trad-X has seen a sharp increase in trading activity since September for USD interest-rate swaps on its central limit order book, citing its hybrid voice and electronic platform as a differentiator.
FIX for Post-Trade Gains Traction: How Far Will It Go?
A group of heavyweight asset managers has collaborated on a solution for non-US trade confirmations and affirmations that is fueling interest in FIX for post-trade use as an alternative to Omgeo's Central Trade Manager.
Finra to Focus on Fixed Income ATSs & Algo Providers
Finra CEO Richard Ketchum outlines plans for requiring brokers that use fixed-income "RFQ systems" to provide more pre-trade price transparency to customers. In equities, Finra wants to register firms involved in designing algorithms.
SEC Chairman Discusses Rule Changes on HFT
SEC Chair Mary Jo White discussed HFT and the agency's plans for equity market structure in 2015 in a video interview with Bloomberg Market Makers at the SIFMA annual meeting.
Cyber Risk Is a Top Concern, 84% Tell DTCC
DTCC released its recent "Systemic Risk Barometer" survey showing that cyber risk is among the global financial industry's top five concerns, along with the impact of new regulations.
The UPI, the LEI & Beyond
The organizational mechanisms are in place. Now it's time for the financial industry professionals to provide guidance on a global coding scheme that is fit for all the purposes intended.
Manage Data to Meet Compliance Demands
With no end to the data and information glut in sight, firms are seeking better ways to aggregate, analyze, and manage data to satisfy compliance and competitive demands.