Electronic Trading, Low Latency and Market Data 
A-Team Insight_Issue 06_June2010 (2.3 MiB)
Once upon a time, cutting market data costs was easy. That’s because – and you’ve all seen the photo – traders took every service from every supplier, and each service needed a discrete telecommunications line. The result was an unwieldy – even messy – trading desk that was tricky to make use of and hugely expensive to operate.
Back and middle office functions such as evaluated pricing for illiquid instruments, data management, corporate actions processing and risk management are all on the radar for potential outsourcing by asset managers over the next three years, according to a recent survey by Citi. The survey, which involved 237 asset managers from 29 countries, indicates that 28% of respondents have already outsourced the valuation of illiquid investments and 22% are planning to do so in the next three years.
Australian stockbroking, corporate advisory and asset management firm BBY has chosen Orc Software to meet customer demand for low latency, high throughput connectivity to the Australian Securities Exchange (ASX).
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Following the launch of its Enterprise platform earlier this year (see our coverage of the launch here), data giant Thomson Reuters is now focusing its energies on joining the platform up with its various data content sets. The vendor is also working on developing its flagship DataScope solution as the overall platform for its various data offerings on both the Thomson and Reuters sides of the business for its non-real-time content, explains Tim Rice, global head of pricing and reference data.
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