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Special Report![]() Sifma Technology Conference PreviewAs financial firms apply complex event processing to an ever broader range of activities, technology vendors are introducing functionality for pricing, profit and loss, risk management and market data, among others. Progress Softwares Apama division, for example, is taking aim at real-time market-making across asset classes. We expect that firms that adopt this technology early on will become the leaders in their respective markets, says Progress Apamas John Bates. Also in this report: A look at this years Sifma Technology Conference, brokerage firms IT spending and on-demand computing. ContentsCEP Vendors Seeking Broader AudienceEvent processing technology providers are announcing upgrades and new partnerships at the Sifma Technology Conference this week as they look to serve an increasingly diverse capital markets audience. Risk, Liquidity, E-trading Headline Sifma Tech ShowRisk management and liquidity will be top of mind this week at the U.S. securities industry's largest annual technology conference. Focus Sharpens as Spending SlowsAt a time when precarious financial markets are pushing Wall Street to cut operating expenses, brokerage firms are facing a crying need for increased resources in areas such as risk management and compliance. Acquisition-Hungry Oracle Grows Financial Services PresenceOracle, a technology giant that has gobbled up dozens of smaller vendors over the past few years, is approaching the financial services industry from both horizontal and vertical perspectives. New Trade Group Tackles Event Processing StandardsAs complex event processing technology spreads across industries and disciplines, a new non-profit association wants to encourage that growth by establishing best practices and standardized terminology. Processing Power: Why Buy When You Can Rent?Seeking to bring down costs and drive up efficiency, major financial services firms are moving some of their processing work to facilities run by technology companies such as HP, IBM and Sun. E-tailer Amazon Offers Cheap Compute PowerOnline retail giant Amazon is providing financial firms with an inexpensive way to rent compute power cheaply--Amazon Elastic Compute Cloud. Tideway Aims to Weed Out the 'Mystery' MachinesTideway Systems' Kosten Metreweli says his company finds that between 2 percent and 5 percent of servers are never active at large enterprise data centers. Recent Special ReportsOTC DerivativesContents Best Execution & Transaction Cost AnalysisContents Special Reports Index |
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