Tag Archives: technology

Securities Industry News – Dealing With the Data Deluge

The guys from Exegy who run the Market Data Peaks website say market data rates will only continue to increase.  I agree – although I’m not sure doubling in 2010 is necessarily in the cards.  Either way everyone needs to be ready.  An excerpt: Data rates will certainly continue to grow with trading firms keeping… Read More »

Securities Industry News – StreamBase Launches Developer Community to Advance CEP Innovation

I got a demo and this is pretty cool stuff.  I’m sure we’ll continue to see initiatives like this from financial services focused software firms: “CEP and open source have both seen major adoption in financial services over the past few years,” said Kevin McPartland, senior analyst at TABB Group. “CEP has helped the industry… Read More »

AbsoluteReturn – Hey, you, get on my cloud

This article talks about adoption of cloud computing by hedge funds.  Most agree it has a place, but that place is limited.  A clip: Kevin McPartland, a senior analyst with the research and advisory firm TABB Group, says one function that may not be cloud-ready is trading. Placing trade-order management or execution onto servers in… Read More »

Wall Street & Technology – Sybase Acquires Aleri to Enhance Real-Time Analytics Product Suite

If Aleri was having financial difficulties, Aleri’s competitors and industry observers were not aware of the fact. Mark Palmer, CEO of StreamBase Systems, a CEP provider and direct competitor to Aleri, said in an interview: “Aleri made some moves that should have put them in a good cash position. In the market, the products are… Read More »

Information Management – Getting the Message: Middleware Matters

In a study released earlier this month, “U.S. Equity Technology 2010: The Sell Side Perspective,” Tabb Group senior analyst Kevin McPartland noted that all bulge bracket firms are “currently either using some form of hardware acceleration or are investigating its use.” “Third-party middleware products have reached a level of sophistication that the cost required to… Read More »

Wall Street Letter – Equities Trading Industry Tackles Latency Measurement

The demand for a latency standard has increased with the rise in high-frequency trading, higher trading volumes and more volatility. Latency has been reduced in some cases to microseconds, which makes measurement difficult, said Kevin McPartland, an analyst with the TABB Group. The recent proliferation of data types means that a trader must use multiple… Read More »

Information Management – Data Centers as Important As Trading Floor, Says Tabb Group

“From a sell side perspective, it means that those guys–major data center providers such as Equinix and Savvis– should look to expand current client footprints as the sell side looks to reduce server scatter (when firms use space in a variety of geographic locations),” McPartland explained to Securities Idustry News. “So if a major dealer is… Read More »

WS&T – Sell-Side Equity Technology Gets Smarter in 2010

So, the sell side will continue to invest in infrastructure to grow capacity as the market demand for trading U.S. equities grows, but McPartland predicts it will look for smarter ways to do this and that growth will be smaller in 2010 than in the past. Full Article Here