A recent study by integrated IT infrastructure company Colt, shows that 49 per cent of buy-side and sell-side traders in US, Europe and Asia believe that delays in connecting to new markets results in missed trading opportunities, which impacts client relationships and as a result causes them to lose clients.
According to the study, which was... read more
There is a strong chance that by now, if you are a financial services firm trading in Europe, you will at least have started a plan which outlines how you will address the requirements of the EU legislation known as MiFID II - Markets in Financial Instruments Directive II - and its accompanying regulation, Markets in Financial Instruments... read more
A British trader was arrested and appeared in court yesterday accused of triggering the £500bn Wall Street flash crash.
The trader, dubbed the ‘Hound of Hounslow’, helped to trigger the crash by massively manipulating financial markets from his London suburban home. US investigators say he played a vital role in the flash crash... read more
Identity plays a critical role in much of the compliance and privacy legislation governing the financial sector. Without a comprehensive strategy addressing it from both an internal and external perspective, many financial organisations would have no way to secure applications/things, enforce regulatory compliance, or monitor online user behavior... read more
For the first time ever, funding for cyber security start-ups reached $1.02bn in the first quarter, a figure which is up from $540m raised in the first three months of 2014 and double the amount for the same period last year.
According to the FT, the recent attacks on big companies such as Sony and Home Depot are expected to encourage demand for... read more
The current fixed income trading environment is creating a ‘perfect storm’ for fixed income trading technology. The combined impact of regulation, record low interest rates, continued strong issuance, and fragmented liquidity is posing new challenges for fixed income traders. Technology is now being sought to provide many of the... read more
Many firms claim to have enterprise risk management frameworks, yet many have had problems with implementation and project effectiveness. In this article we consider the barriers to the implementation of an effective framework, some of the challenges and some of the solutions that should be considered.
Why Enterprise Risk Management Frameworks... read more
John Tsang, the Financial Secretary of Hong Kong, has said that the country would be “an ideal place” to develop into a financial technology hub and venture capitalists are increasingly seeing the potential for fintech investment opportunities in this region.
Herman Lam, CEO for the creative digital community Cyberport, says that... read more
Prior to the 2008-2009 financial crisis, trading levels and return on equity (RoE) for trading were at an all-time high. After the financial crisis there were strict rules imposed by regulators which have significantly impacted all areas of trading including post-trade processing and fixed income trading.
Trading activities such as reporting and... read more
After a few false starts, the digital payments space is at one of the most-exciting points in its evolution, with disruption occurring everywhere you look in every corner of the world. From digital wallets and mobile commerce to crypto-payments and peer-to-peer services, digital payments are solidly gaining traction with early adopter businesses... read more