Don’t Let “Technical Debt” put your Reputation at Risk

Posted by on Mar 22, 2013

If you ask most financial services CIOs, they’ll say their “wake up in a cold sweat” nightmare is about a system they are responsible for causing an outage that generates embarrassing headlines like this, this or this. These kinds of incidents have immediate consequences as customers close accounts and regulators levy fines, but the lasting impact, which can be far greater, is the damage to...
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Hedge funds turning to the middle office to recapture outperformance

Posted by on Jul 13, 2012

It’s been a tough couple of years for hedge funds. The industry was built on delivering eye-popping returns, but recently, hedge funds as a whole have underperformed the market. Over the same period the hedge fund industry has been tarred with the brush of politically unpopular high-frequency trading which has had a “baby with the bathwater” effect. The reality is only a small...
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Has cost replaced latency as the top priority for trading firms?

Posted by on May 31, 2012

This week, NYSE Euronext announced that they are opening their US Liquidity datacenter in Mahwah, New Jersey to non-member companies for the first time. That means any third party can buy space and co-locate their servers at the NYSE to level the playing field (from a latency perspective) with the big boys on Wall Street. Is NYSE doing this in response to non-member demand for such access, or...
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Filed under Capital Markets, Financial Services, High Frequency Trading
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Recapping TEDx New Wall Street – re-imagining Financial Services

Posted by on Mar 12, 2012

Yesterday, I participated in TEDx New Wall Street in Mountain View, California. In the spirit of all TED events, this was a day of sharing ideas — specifically about re-imagining financial services. TEDx events operate under license of TED in support of locally organized events that hold to their TED-like vision. This event was curated by Bruce Cahan, an impressive guy with a background in...
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Short story: New real-time trading requirements proposed

Posted by on May 6, 2011

There was an article yesterday in the Securities Technology Monitor about an SEC proposal to require real time reporting of short sales to increase timely visibility into the short positions on a given instrument. Today, this data is required to be reported monthly or bi-monthly depending on the exchange. As hedge funds and high-frequency trading have become a dominant part of trading volumes,...
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Network savvy trading with Solace and Arista LANZ

Posted by on Mar 15, 2011

We’ve had a great partnership with low latency switch vendor Arista Networks for a while now – our products complement each other very well and our companies align nicely in terms of personality and strategy. This morning we expanded our partnership as part of their announcement of a new feature called “Latency Analyzer” (abbreviated LANZ) that provides detailed real-time metrics about...
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Filed under Cross Industry, Financial Services, Network Tech, News Release, Partners
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Reason 8: Guaranteed messaging fit for the 21st century

Posted by on Mar 11, 2011

This is part 8 in a 10 part series: 10 reasons for the growth in middleware appliances. The series summarizes what we’ve learned from our clients about what they value in appliances and why they selected Solace. For over two decades, messaging middleware has been transporting information between distributed applications so they don’t need to be directly connected. Over the years though,...
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Filed under Capital Markets, Cloud Computing, Cross Industry, Financial Services, Messaging
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Reason 3: Appliances deliver huge performance gains

Posted by on Feb 15, 2011

This is part 3 in a 10 part series: 10 reasons for the growth in middleware appliances. The series summarizes what we’ve learned from our clients about what they value in appliances and why they selected Solace. So far I’ve talked about saving money and making life easier. The third leg in the stool of commonly recognized advantages of appliances is higher performance. There is no one...
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Visualizing statistical arbitrage using Solace

Posted by on Jan 11, 2011

Matt Davey, the head of delivery at Lab49 in Europe, has been blogging for the past couple of months about an ETF-based statistical arbitrage POC he’s building in their LabInnovation center. They are using Solace as their message bus for this project to manage market data and to drive the StatArb UI as outlined in part 7 and part 8 of his blog series. Statistical arbitrage against...
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RBC Capital Markets bets on Solace and Arista

Posted by on Dec 14, 2010

Sell-Side Technology, a publication of Waters Technology, just published an article that describes how RBC Capital Markets is bolstering their services in the global equities trading business with a new low latency trading system based on technology including our message routers and Ethernet switches from Arista Networks. Seth Gelberg, CTO of global equities and futures, discussed the strategic...
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