Global Investment Technology -- October 30, 2006 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

Derivatives Trading: Adopting Electronic Trading May Be the First Step to Cut Derivatives Processing Back Logs. When it comes to derivatives trading, post-trade operations and trade processing are sprinting to keep up with burgeoning volumes, say executives from securities and investment firms and the technology providers serving this asset class.

Industry Alert: CME-CBOT Deal Broad Shoulders Global Exchanges. The Chicago Mercantile Exchange’s $8 billion acquisition of the Chicago Board of Trade makes it more challenging for competitor Euronext.Liffe to leverage a merger with the New York Stock Exchange and compete in the US market.

European Market Monitor: London’s Big Bang Bares Key Lessons in Retrospect. When the London Stock Exchange debuted its screen-based, electronic bulleting board called Stock Exchange Automated Quotations System in 1986, in an event now known as the “Big Bang,” the move became a seminal event in the history of the securities industry.

Spotlight: Michael Yarian, Managing Director and Head of USD Option and Agency Trading at Barclays Capital.

Straight Through Processing: Manual Tasks Tie Up Complex Securities in Europe. A survey of 20 European banks and asset management firms reveals their top concerns revolve around reducing the number of manual processes in securities trading. Increased trade-processing costs and disruption in the back and middle offices are also causes of dissatisfaction with clearing and settlement systems.

Portfolio Management: Advent Portfolio Exchange Facilitates Myriad Functions. To provide portfolio managers and marketing personnel a higher level of compliance and operational controls in an investment management application, the Advent Portfolio Exchange fuses accounting, reporting and client relationship management into a single platform.

Operations Outsourcing: Making Outsourcing More Predictable and Sustainable. Recent major outsourcing deals have largely been for back-office and administrative functions. Yet the choices of what to outsource are still murky and hard to understand.

New Product Roundup: Firms Announce Enhanced Solutions at Sibos 2006. Noteworthy offerings came from providers ADP, CheckFree, Citigroup, Clearstream, JPMorgan, Reuters, SWIFT and Wall Street Systems.

Clearance & Settlement: Instinet, Fortis to Partner on Chi-X Clearing Services. Instinet and Fortis have joined forces to develop Chi-X, a pan-European multi-lateral trading facility and alternative trading system planned for launch later this year.


Home About Us News Updates Editorial Calendar 2008 Recent Coverage Article Archives Issue Abstracts Subscribe Advertising & Reprints Industry Events & Bonus Distributions Leadership Roundtable
	October 30, 2006 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 Derivatives Trading: Adopting Electronic Trading May Be the First Step to Cut Derivatives Processing Back Logs. When it comes to derivatives trading, post-trade operations and trade processing are sprinting to keep up with burgeoning volumes, say executives from securities and investment firms and the technology providers serving this asset class. Industry Alert: CME-CBOT Deal Broad Shoulders Global Exchanges. The Chicago Mercantile Exchange’s $8 billion acquisition of the Chicago Board of Trade makes it more challenging for competitor Euronext.Liffe to leverage a merger with the New York Stock Exchange and compete in the US market. European Market Monitor: London’s Big Bang Bares Key Lessons in Retrospect. When the London Stock Exchange debuted its screen-based, electronic bulleting board called Stock Exchange Automated Quotations System in 1986, in an event now known as the “Big Bang,” the move became a seminal event in the history of the securities industry. Spotlight: Michael Yarian, Managing Director and Head of USD Option and Agency Trading at Barclays Capital. Straight Through Processing: Manual Tasks Tie Up Complex Securities in Europe. A survey of 20 European banks and asset management firms reveals their top concerns revolve around reducing the number of manual processes in securities trading. Increased trade-processing costs and disruption in the back and middle offices are also causes of dissatisfaction with clearing and settlement systems. Portfolio Management: Advent Portfolio Exchange Facilitates Myriad Functions. To provide portfolio managers and marketing personnel a higher level of compliance and operational controls in an investment management application, the Advent Portfolio Exchange fuses accounting, reporting and client relationship management into a single platform. Operations Outsourcing: Making Outsourcing More Predictable and Sustainable. Recent major outsourcing deals have largely been for back-office and administrative functions. Yet the choices of what to outsource are still murky and hard to understand. New Product Roundup: Firms Announce Enhanced Solutions at Sibos 2006. Noteworthy offerings came from providers ADP, CheckFree, Citigroup, Clearstream, JPMorgan, Reuters, SWIFT and Wall Street Systems. Clearance & Settlement: Instinet, Fortis to Partner on Chi-X Clearing Services. Instinet and Fortis have joined forces to develop Chi-X, a pan-European multi-lateral trading facility and alternative trading system planned for launch later this year.