March 19, 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

Operations Outsourcing: Derivatives Boom, Business Process Outsourcing Improve Middle-Office For Complex Trades. Hedge fund support services providers are under pressure to improve derivatives processing. Changes in types of asset classes traded, as well as changes in trading destinations, and the continuing quest for cost efficiency has led to greater focus on improvement of middle-office services and business process outsourcing, beyond the traditional hedge fund administration offerings.

Industry Alert: Buy-Side Faces Bumpy Road in Trading Bottlenecks. Following an index-calculation problem at Dow Jones Indexes and electronic order-flow bottlenecks on the New York Stock Exchange on February 27, fresh attention is being focused on infrastructure vulnerabilities and capacity limitations.

Spotlight: Tim Jager, Vice President of Investment Systems, Delaware Investments.

Corporate Watch: Multiple, Linked Solutions Enhance Linedata’s Appeal. Linedata has integrated Beauchamp Financial Technology Ltd. portfolio management software solutions into its LongView trading platform. Six months ago, Citigroup began using a Beauchamp suite, and Linedata technology now drives 90 percent of the offering of OpenPrime Services, part of Citigroup’s Prime Brokerage services unit.