Tech Providers Asked to Step Up Games
Vendors adapt as trading shops and investment firms need to speed up and slow down
Trading is rapidly evolving, the recovery in the financial markets is showing signs of faltering, and substantial financial regulation seems a near-certainty. With that tumultuous backdrop, firms that sell software and technology to trading shops and investment companies are facing a multitude of increasingly complex challenges in their mission to get, and stay, on customers' desktops.
Salient quotes from the full story include:
“This business is very dynamic -- the connectivity to exchanges is changing, and there's obviously continued pressure on performance,” said Martin Leamy, president of the Americas group at Orc Software. “We really need to stay on top these things and be focused on high performance and low latency. For companies that are trying to do this themselves, it is a real challenge.”
“Today's trading environment is more complex than ever, yet greater transparency and transaction speed are demanded,” said Sam Mele, co-founder and managing director of firm58, which makes software that helps trading shops and investment firms boost operational efficiency and cut costs.
If you would like to subscribe to Markets Media magazine, please contact David Griffiths at david@marketsmediallc.com, or 646-442-4643.