Since the installation of first transatlantic undersea cable, trading technology providers were tasked with simple mandates: Deliver information faster, from as many sources as possible and help investors and market operators to make better decisions and implement them quickly.
GreySpark Partners’ review of Symphony Innovate 2020 conference event’s key themes and trends leads to consideration of the value that Symphony Communication’s software and ecosystem have for the capital markets financial services firms client base globally, beyond the collaboration tool itself.
The COVID-19 pandemic brought about an unprecedented set of challenges that are impacting the entire financial services global workforce both personally and professionally. Already months into the crisis and many financial institutions are still struggling to adapt to what is, in effect, a prolonged financial shock with a human resource issue at its heart.
As COVID-19 puts operational resilience in the regulatory spotlight, GreySpark considers the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) proposals on operational resilience, published just prior to the onset of the COVID-19 pandemic.
With most conference events in 2020 migrating from their traditional physical environments into the digital realm, so it was the case for the Symphony Innovate 2020 event, which saw participants congregate online in a reflection of changing work habits and patterns associated with the global pandemic.
Beginning in the early 2000s, when the algorithms and software capable of performing transaction cost analysis (TCA) on a semi-automated basis first became prevalent, the definition of the function was always: a method of determining the effectiveness of a set of transactions performed by a counterparty – the key word within that definition being ‘effectiveness.’
For many years now, public and regulatory interest in misconduct by individuals within financial services firms has been high and shows no signs of abating in the current climate.
In 2019, the global financial services industry is set to spend an estimated USD 50bn on the raw, historical markets and transactions data inputs required to fuel a broad spectrum of daily trading activities across all major asset classes.
GreySpark Partners presents an insight paper to inform CTOs of the potential cost savings that can be made by engaging a near-shore data centre provider for non-latency sensitive high-performance computing (HPC) services.
The British decision to withdraw from the EU represents the most significant shift in UK politics in a half-century. Although the terms for a successful withdrawal are not yet finalised, the British government’s current approach does not include an equivalent customs partnership with the EU.
