Market Data Management Mandate Tue, 21 Nov 2006
Financial services firms are building robust infrastructures to handle the anticipated data deluge while continuing to scrutinize market-data-related spending.
Buy-Side OMSs Face the EMS Threat Mon, 23 Oct 2006
Worried about the performance of their order management systems, buy-side traders are investigating execution management systems to gain an edge in faster equity markets.
Is the Increased Speed of Direct Market Data Feeds Worth the Price? Fri, 20 Oct 2006
Eectronic trading, direct market access and algorithms have made fast market data access not fast enough, but are direct feeds the answer?
MiFID Rules Break the Exchange Monopoly on Trade Reporting Fri, 20 Oct 2006
A consortium of investment banks is building a trade data reporting and market data publishing platform to take advantage of MiFID.
Reducing Market Spend Tue, 19 Sep 2006
As the global economy has expanded, the information requirements of the financial services industry and related markets have continued to grow.
Switching a Back-Office Relationship Is Very Hard Tue, 22 Aug 2006
While the front office is eminently more glamorous and lucrative, switching front-office providers is easy. Switching a clearing, custody or depository relationship, however, is very hard.
With the INET Integration Underway, Nasdaq's CIO Looks to Crossing Networks Next
Nasdaq CIO Anna Ewing has a full agenda with the INET Integration, crossing networks and technology cost reduction on tap for 2006.
Amex CIO Prepares to Launch New Hybrid System, AEMI, for Reg NMS
Amex CIO Antoine Shagoury is ramping up the process to launch the exchange's new hybrid trading system AEMI to be ready for Reg NMS.
Credit Suisse Has a Plan to Integrate Its Three Divisions, and CIO Tom Sanzone is Up to the Challenge
Tom Sanzone, corporate CIO for Credit Suisse, is in the midst of the three year OneBank integration program, which will bring together the firm's investment banking, private banking and asset management divisions to tap into cross-business opportunities.
GE Asset Management's Anthony Sirabella Focuses on Improving Data Governance
Data management initiative leads GE Asset Management's SVP and CIO, Anthony Sirabella, to implement Wall Street Office loan management platform, develop a fixed-income attribution model and focus on enhancing trading and reporting capabilities.
Market-Data Revenue: Icing on a Broker's Cake
As soon as Regulation NMS began to look like a reality, exchanges were off to the races, merging with the predominant electronic communications networks (ECNs) and alternative trading systems (ATSs) to build up market share.
Sun Targets Reg NMS at SIA Show
Sun Microsystems is preparing to make a big splash at the SIA Technology Management show with its multiple messages around Reg NMS, bird flu, market data and best execution.
Trading Off the News
Wall Street firms are working with XML news feeds that turn news events into data signals. Will the next set of algorithms be based on news feeds?
Bear Stearns Installs Wombat Platform to Fuel Low-Latency Trading
Bear Stearns signed a global license with Wombat to bring direct-feeds into its quantitative trading platforms.
Trends 2006: Master Data Management
Master Data Hubs Battle Pure-Play CDI And PIM Offerings
by R "Ray" Wang, Kyle McNabb
with John Ragsdale, Ian Schuler
Enterprises have long struggled with creating, maintaining, integrating, and leveraging enterprise master data. Furthermore, poor master data management gets in the way of successfully completing CRM, ERP, SCM, and other enterprise application projects or results in an inability to achieve promised returns on investment (ROIs). To address these needs and support services-oriented architecture (SOA) desires, IT organizations are increasingly seeking cost-effective platforms that can support multiple master data entities outside of the core applications that use them. But growing lines of business and IT recognition that data ownership, governance, and process changes are more critical than the underlying technology will push many enterprises to think strategically about master data management (MDM) but act locally on important data entities, such as customer information and product information. Both the customer data integration (CDI) and product information management (PIM) markets are poised for solid growth in 2006 as enterprises enter an SOA world and tackle MDM on an entity-by-entity basis.
Is Your Data Dirty?(And Does That Matter?) (Click to view in browser, right-click to save.)
Dirty data—inaccurate, redundant, or outdated information—has been the bane of many organizations struggling to use information for higher performance. Yet corporate-wide data cleansing seems so overwhelming that many businesses delay or defer even trying. Can a company live with dirty data? Yes, and no.
The Fate of ITS
In a divided vote, the SEC passed Reg NMS, ushering in a new and improved trade-through rule that will make best price and fast quotations a requirement for U.S. equities trading.
Archipelago Adopts Streaming Data Platform
Reacting to the high volume and velocity of data messages generated by automated-trading strategies, Archipelago Holdings, the operator of the Archipelago Exchange (ArcaEx), is testing a new real-time information-processing platform.
From Data Geek to Chic
Who knew the data manager would be so in vogue? Over the past few years, data managers have moved up from the basement - literally - and are heading toward the C-suite.
Slow and Steady
Though notable strides have been made toward straight-through processing in many areas of the transaction life cycle, when it comes to automating corporate actions, the progress is more akin to staggering into a headwind - slow and hard.
Data Managers: Ambassadors of Change
It used to be that data managers at investment firms would bide their time overseeing a handful of data vendors and keeping a hawkish eye on the data needs of the back office, with its elaborate accounting and clearing systems.
Data Volume Skyrockets
Automated trading strategies are driving market data message volumes through the roof.
Always Be Prepared
Backup data centers are an integral part of all financial institutions.
Reference Data to Go
In signing up for Accenture's Managed Reference Data Services (MRDS), Wachovia joins a handful of firms opting to outsource reference data operations.
Reg NMS: A Pox on All Your Houses
Two major news stories came out last month that I can't get out of my mind.
Managed Services for Enterprise Data Management
For financial services institutions gaining control over enterprise data is a fundamental imperative that affects performance metrics such as customer service, brand reputation, compliance initiatives and competitive advantage. Without it, duplication of effort, inconsistent data quality, and limited usability will continue to affect costs and efficiencies throughout the enterprise.
Managing Risk beyond Market Data: Practical EDM Strategies for Improving Legal Entity Information
Aite Group predicts that in 2007 improving customer data will be a top ten priority for most sell-side firms.
Data Standards and NIST: A Model for Information Mapping
In the current environment of increased emphasis on national security, the federal government is creating improved standards.
Information Lifecycle Management Lives, Finally
Everyone says that information lifecycle management is a new idea, but it has been with most IT managers since the dawn of computing. While recent legislation has helped spur growth for this technology, the fundamentals are still the same.
OLAP Data Scalability: Ignore the OLAP Data Explosion at Great Cost
This white paper examines data explosion – its definition, causes, factors and negative impact on budgeting, forecasting and "what if" analysis.
Improving Operations, Reducing Risk, and Verifying Compliance With Better IT Controls (Click to view in browser, right-click to save.)
In the past five years, government regulations for reporting, disclosing, and auditing cor- porate records and electronic data have changed the face of IT. Organizations have had to change the way they handle records while simultaneously demonstrating that the changes implemented comply with the new regulations. These new tracking and reporting functions have resulted in a completely new layer of IT infrastructure.
Enterprise Data Management
Is This the Right Time for an Outsourced Solution? (Click to view in browser, right-click to save.)
You know reference data management is the New New Thing, because the industry has latched on to a catchy new acronym—EDM (Enterprise Data Management). But seriously, the collective acknowledgement of the importance of reference data is nothing to push aside, nor is the EDM acronym.
Crossing the Data Management Chasm and Creating Agile Infrastructures for New Markets (Click to view in browser, right-click to save.)
From the time the EDM Council was created through today, many discussions and forums have taken place, and many articles have been written about the topic.
Corporate Actions Automation - The Vendor Landscape Matures (Click to view in browser, right-click to save.)
Financial institutions are spending more on corporate actions automation. Celent estimates that approximately $988 million will be spent on corporate actions automation projects from 2006 to 2010, advancing automation from hype to reality.
Research Overview: Reference Data Management
Reference data management has become a higher priority for firms as they face mounting competitive, bottom line and regulatory pressures to increase the accuracy of their reference data and the efficiency with which it is processed.
Easing Enterprise Data Management Pain (Click to view in browser, right-click to save.)
Enterprise Content Management and Compliance Seminar
April 26, 2007
Where content and process converge. Join BearingPoint and FileNet for an exclusive, complimentary one-day Enterprise Content Management and Compliance Seminar. Receive insights on industry trends and ECM best practices. Armed with fresh perspective and access to a free Readiness Evaluation from Doculabs, you'll walk away ready and able to initiate change at your organization.
2nd Annual Enterprise Data Management Summit
Union League Club
Thursday, May 31, 2007
New York City
This program boasts more detailed case studies and interactive sessions to assist you in implementing an EDM strategy by choosing the best processes, technologies and governance for your organization. The sessions are focused on bridging the gap between your risk management, technology architecture and compliance groups by delivering practical solutions to assist in the development of and integration of a sound enterprise data management strategy and solution.
Executive Peer Roundtable Series - Data Security & Privacy
Jun 05, 2007
New York City
Produced by Bank Systems & Technology and Wall Street & Technology
Sponsored by Bearing Point
The Data Security & Privacy Peer Roundtable is a peer-to-peer group that will work to identify, discuss and find solutions to one of the financial industry's most pressing challenges - securing transaction and customer data from phishers, hackers and other cyber criminals. The quarterly roundtable, comprised of CISOs, CPOs, CIOs and other data security experts, will look at data security concerns, as well as the risks that are constantly growing and shifting.
*Please note: the event producer reserves the right to qualify and deny any interested party
The 2007 Financial Services Technology Forum The 2007 Financial Services Technology Forum is the leading international event focusing on enterprise applications and solutions developed for the financial industry. October 24 - 25, 2007
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