A broker-dealer/alternative trading system, PDQ ATS, has deployed the Validus run-time enterprise risk and compliance platform from Eventus Systems in order to get a broader view of risk exposure, say officials at the firm and the vendor. From its headquarters in Glenview, Ill., PDQ ATS provides liquidity aggregation for market participants via an auction process,… Read More >>
Vendors Are Rushing to Fill Voids in Ops Offerings
Front-office financial technology vendors are moving quickly to expand their reach into the middle and back office while traditional portfolio accounting systems providers are moving upstream into the middle office in attempts to provide a fuller suite of asset management operational services, according to a new report from market research firm Celent, a division of… Read More >>
Performance Measurement Becomes a Competitive Advantage
Things aren’t what they used to be in the performance measurement game – and that’s a good thing, according to several practitioners who spoke at Financial Technologies Forum’s Performance Measurement 2015 conference last week in New York City. As the investment management landscape has grown more complicated in recent years, the job of performance monitoring… Read More >>
Post-Trade Ops: Not Just for Wannabe Traders Anymore
When Josh Brodman first dipped his toe into post-trade operations, he wasn’t quite sure what to expect. It was 2005 and Brodman, then a junior majoring in finance at Binghamton University, had just secured an Ops internship at a hedge fund with roughly $6 billion in assets under management (AUM). “I was looking across the… Read More >>