Buy-side firms are warming up to the use of outsourced trading desks as a recent study via Greenwich Associates, a market research firm, is showing that more firms are turning to these services and reporting high levels of satisfaction. However, some firms are still resisting the charms of outsourced trading and want to retain control… Read More >>
Should ETFs Be Their Own Asset Class?
It’s no secret that exchange-traded funds (ETFs) have become quite popular as instruments that “help institutions manage their cash flow, hedge risk, gain quick exposures to illiquid market segments and more,” as market research firm Greenwich Associates has noted. But is it time for the industry to take ETFs to the next level? A new… Read More >>
Blockchain Budgets and Staffs Are Growing: Report
Financial services firms are bolstering their staffs and increasing their budgets to get on the blockchain bus, but the development process has been harder than expected, according to a new report from market research firm Greenwich Associates. “The financial services industry is spending about $1.7 billion per year on blockchain, as banks and other firms… Read More >>
Buy Side Spends $700M on ‘Risk Tech’ in 2017
Buy-side firms have jump started their investments in risk and analytics platforms, spending $700 million on “risk tech” during 2017 and marking a major move away from internally developed systems, according to a new survey done by Greenwich Associates, a market research firm. In fact, buy-side “expenditures nearly doubled to 10 percent of total buy-side… Read More >>
Buy-Side IT Spending Up as Traders’ Compensation Shrinks
Are buy-side firms starting to shift more funding toward IT and data for trading and securities operations and away from compensation for front-line traders? The most recent answer appears to be in the affirmative, according to a new report from market research firm Greenwich Associates, which chronicles how “technology spending is crowding out trader pay… Read More >>
Regulatory Shifts, MiFID II & IT Leaps to Rattle Markets in 2018
Regulatory change and the importance of data and analytics impacting trading venues, investors, dealers, and those that support them will continue to be main themes this year, according to a new report by Greenwich Associates, “Top Market Structure Trends to Watch in 2018 — The Year of Digital is Upon Us.” Greenwich Associates provides market… Read More >>
A.I.’s Rise Will Put Wall Street Jobs at Risk: Report
This may make for uncomfortable reading in sell- and buy-side circles, but by next year, around 75 percent of banks and other financial services firms will either explore or implement artificial intelligence (A.I.) technologies to boost productivity and lower costs, according to a new report from market research firm Greenwich Associates, “AI: The Coming Disruption… Read More >>
Global Markets to Brace for E.U. Regs in 2017
(FTF News is sampling the flurry of securities industry predictions that are hitting as 2017 becomes reality and 2016 starts to fade. This review of predictions will be presented in three parts this week. This is the first installment (click here for second installment and here for third installment) and it focuses on what may… Read More >>
Buy Side Braces for Another Gloomy Bonus Season
The infamous Grinch had a change of heart when he tried to steal Christmas from Who-Ville, but he may have stolen the 2016 bonuses from the buy side instead. Remuneration for the asset management industry has been declining in 2016, and that will be reflected in annual bonuses that will be handed out early next… Read More >>
‘Trump’-ing Dodd-Frank Would Be a Huge Effort
(Editor’s note: President-Elect Donald J. Trump and his new administration will be juggling many new policy issues, including changes to the financial services reform efforts that began under the Obama administration. In this first part of a two-part series, FTF News has asked industry analysts what market structure changes they think may come from the… Read More >>
