(Editor’s note: Eagle Investment Systems has won many awards over the years via the 2018 FTF Technology Innovation Awards. This year it was voted Best Cloud Computing Solution for its Eagle ACCESS private cloud system. FTF News got time with Mike Fitzgerald, the chief information officer at Eagle, to delve into why the company chose… Read More >>
Troubled FCMs Look for Growth Amid Volatility
(Editor’s note: Futures commission merchants (FCMs) have been facing major challenges in the years after the Great Recession and many FCMs have left the market entirely. However, Yuriy Shterk, head of product management for the Derivatives, Americas unit at Fidessa, says that there may be better days ahead for FCMs. Shterk, who is based in… Read More >>
Ops Staff May Sit Side-by-Side with AI
(A principal within EY’s Financial Services advisory practice, George Kaczmarskyj leads the robotics and intelligent automation for financial services in the Americas. For the past 25 years, Kaczmarskyj has worked with financial institutions and other industry clients in their robotics, process improvement and information management and analytics needs, officials say. He has led client engagements… Read More >>
Is Volatility Good for Performance Measurement Staffs?
(Editor’s note: Global markets have returned to more volatile cycles and many industry observers predict that volatility will be the new norm as there are likely to be more corrections and turbulence to come as investors react to multiple shock waves. Some industry participants would say that this is an unfortunate circumstance while others see… Read More >>
Q&A: OpenVMS to Embrace Blockchain Technology
(Old school software is taking a leap forward into the Age of Disruption with the news that OpenVMS, the venerable operating system from the days of the VAX/VMS minicomputers from DEC, will be adapting to the blockchain/distributed ledger technology-based “hashgraph distributed consensus platform” from provider Swirlds. Major financial services firms and stock exchanges will be… Read More >>
Q&A: Upgrade IT Systems Despite Furious Market Correction
(Editor’s note: Global financial markets have been rising and falling dramatically over the past two weeks and many industry observers say that markets are going through a correction/selloff. Ultimately, volatility returned to markets and many analysts say that it may become the new normal. “We suspect that the volatility will likely continue in both directions… Read More >>
MiFID II Unbundling Will Come to the U.S.: Q&A
(Editor’s Note: U.S. securities firms breathed a collective sigh of relief when the SEC in late October decided to pause for 30 months the MiFID II unbundling stipulation. The controversial E.U. market reform specifies that buy-side firms unbundle the money they pay for research from the money that they spend on execution via sell-side firms…. Read More >>