Cloud provider Abacus Group has acquired competitor Proactive Technologies to become the largest IT managed services provider for alternative investment firms in the New York metropolitan region, officials say. The acquisition will cement a relationship that began as a partnership and will lead to a wider array of services for their mutual customers, say Abacus… Read More >>
2018 Predictions: Hackers Will Hit Harder Than Last Year
(Editor’s Note: Cybersecurity concerns are high on almost every prognosticator’s list and several of them are predicting that things are only going to get worse for the securities industry.) “Unfortunately, we won’t be surprised to see another Equifax-like situation happen in 2018,” says Robert Roley, senior vice president, managing director and general manager for SS&C… Read More >>
2018 Predictions: Global Markets to Expand Despite Jolts
(Editor’s Note: Predicting what the financial markets, regulators and industry participants will do in 2018 is a challenge as there are so many variables that could undercut prognostications. Yet in a bid to offset chaos, FTF News has put together a round-up of opinions and initiatives from researchers, analysts and executives at the TABB Group,… Read More >>
Special Report: FIX Moves Into Post-Trade Processing
Buy- and sell-side firms are reassessing their post-trade infrastructures and looking for cost-effective ways to streamline operations. Firms are finding a new ally in their post-trade quest: the venerable FIX protocol, which is extending nicely from the front office into middle office functions. Technology vendors and service providers are moving fast to meet a growing… Read More >>
Tech Spotlight: The Abacus Group
(Editor’s Note: The Abacus Group, based in New York City, is this week’s focus for the FTF News Tech Spotlight. Our Q&A with Chris Grandi provides insight into how the pioneering vendor has made the case over the past four years that cloud computing is a great fit for hedge funds. This and other Q&A… Read More >>
