Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Trading Technology

11:00 AM
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

Market for Global Portfolio Systems to Reach $2.67 billion by 2010

Hedge fund growth, the need for risk controls and the increasing use of derivative instruments across a broader population of investment managers are driving the global portfolio systems market, according to a new report from Aite Group.

Hedge fund growth, the need for risk controls and the increasing use of derivative instruments across a broader population of investment managers are driving the global portfolio systems market, according to a new report from Aite Group. In particular, the Boston-based firm says multi-asset portfolio systems -- those with the ability to process all types of assets, including nonlisted exotic instruments -- are attracting increasing interest.

Overall, the global portfolio systems market, which supports all types of asset management firms, reached approximately US$2.32 billion as of year-end 2006 and is expected to reach US$2.67 billion by year-end 2010, for an annualized growth rate of 2.8 percent, according to Aite. "Even if buy-side firms are not currently engaged in a high volume of OTC [over-the- counter] trades, they are aware that further down the road a change may take hold," relates Denise Valentine, senior analyst at Aite Group and author of the report, "Multi-Asset Portfolio Systems: The Buy Side's New Pied Piper." "To that end, buy-side firms are querying technology vendors on [their] solutions' ability to process these instruments today and in the future."

Valentine adds, "We anticipate eventual convergence of traditional and multi-asset portfolio systems."

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.