CAPITAL MARKETS OUTLOOK 2013
Capital Markets Outlook 2013: Innovation While Cutting Costs Once again, CIOs and their IT organizations will be forced to do more with less in 2013. However, this was expected and most are finding innovative ways to slash costs while boosting productivity.
Capital Markets Outlook 2013: Financial Transparency Gets Real For Form PF, a Dodd-Frank requirement, firms must gather data from multiple sources, structure it, slice it according to how they believe the Securities and Exchange Commission will want to see the data, and file highly burdensome reports on deadline.
Capital Markets Outlook 2013: QA Testers and Kill Switches Wanted The SEC is ramping up its rules for managing the technology risk of computerized trading on stock exchanges, including a kill switch to stop runaway algorithms.
Capital Markets Outlook 2013: Upheaval in Fixed Income Electronic trading is gaining traction in fixed income as capital-constrained dealers and new rivals seek ways to offer liquidity to the buy side.
Capital Markets Outlook 2013: Firms Will Focus On Reducing Data Center Costs in 2013 Data centers are enormous investments that require large operating budgets. In 2013, capital markets firms will continue to scrutinize their existing data centers, reduce operating costs and even selectively move some applications to third-party providers and out of the corporate data center.
Capital Markets Outlook 2013: A Cloud Reality Check for HFT Shops? Algorithmic providers and high-frequency trading shops are running complex calculations in the public cloud, but the economics of storing big data may not be so cheap.
Capital Markets Outlook 2013: Demand for Deep Analytics Challenges Data Managers Data management has always been a struggle for capital markets organizations, but increased regulations, demands for more data analytics, tight budgets and more unstructured data are compounding the challenge.
Capital Markets Outlook 2013: Mobile in a Millennial World Millennials and institutional clients who want to seamlessly track their portfolios, research stocks and trade on the go.
Capital Markets Outlook 2013: On Guard Against Hacktivists Banks must keep hacktivists from penetrating their systems, potentially gaining access to highly confidential data, disrupting service and causing thousands of dollars in lost business, as well as huge damage to a firm's reputation.
Capital Markets Outlook 2013: Business Sourcing Gains Traction The economic environment following the financial crisis has forced financial firms to scrutinize all aspects of the business to determine which business processes can be managed and run by partners.
Cost Cutting Vs. Innovation: Dueling Priorities for Wall Street CIOs? Despite smaller budgets, this is the time when business leaders turn to IT for more efficiency, more productivity and, yes, innovative ideas.
Why Kill Switches Won't Kill Risk TD Ameritrade CTO Lou Steinberg says he is wary of using systemic kill switches and even less comfortable with the concept of automated kill switches.
SEC Technology Roundtable: How To Test Your Software To Avoid Technical Glitches During the SEC's market technology roundtable, GETCO CTO Jonathan Ross argued that market participants must follow several testing best practices to avoid technical glitches.
Nasdaq OMX and Amazon Web Services Launch Financial Services Cloud Offering With financial firms facing increasing operational and data costs, AWS partners with Nasdaq OMX to provide a cloud offering aimed at handling regulatory reporting.
The Evolving Role of the CDO John Bottega, who has been chief data officer at Citi, the Federal Reserve Bank of New York and now Bank of America, says the role of data in the enterprise is increasing.
IT Isn't Where It's At The big growth in tech spending is happening outside of the IT organization. That creates a challenge for companies trying to leverage technology well.
Innovative Risk Management: How To Really Leverage Legal Entity Data As the industry debates regulatory reform and the course toward greater transparency and stability, we are entering a new phase in the evolution of financial data and a potential renaissance in the approach to risk management, writes Tim Lind, global head of legal entity content at Thomson Reuters.
Flash Crashes, Kill Switches, and 10 Million Easy Buttons If firms don't start to do a better job of testing software and systems, regulators may do that job for us. And then things will get really complicated.