August 6, 2007 Issue Abstract

To purchase this issue of Global Investment Technology, please contact Terry Tiangco at (212) 370-3700, x287 or e-mail ttiangco@globalinv.com

Reinventing the Sell Side: Brokerage Firms Move to Widen Range of Services to Be Viable Partners of Their Buy-Side Clients. As buy-side firms have taken greater control and initiative over their technological capabilities in trade execution, investment research and other business functions, sell-side firms are looking for ways to keep their technology platforms and offerings competitive, and a step ahead.

Industry Alert: Private Equity Sets Sights on Investment Technology Firms. With private equity investor Advent International acquiring cross-asset class portfolio and risk management technology provider Sophis in July, private equity is increasing its role in technology companies serving buy-side investment firms.

Spotlight: Steve Wood, Executive Director and Global Head of Trading, Schroder Investment Management.

Portfolio Risk Analytics: Riskdata Tool Lays Bare True Risks of Fund Strategies. Investors in hedge funds looking to detect smoothing of returns when those funds engage in illiquid strategies can use Riskdata’s new Bias Ratio indicator within its FOFiX risk management and transparency solution.

Electronic Trading Forums: ITG Debuts Dark Book Offering Price Improvement. Investment Technology Group Inc. has launched a version of its POSIT trading platform in Canada called MATCH Now, through ITG subsidiary TriAct Canada Marketplace, that promises to tap dark liquidity.

New Product Roundup. An update of new and noteworthy investment software and services introduced recently.