Two Vendors Focus on Noncleared OTC Derivatives SmartStream Technologies, a post-trade systems and services provider, and Numerix, a risk technology vendor, report an agreement intended to better support end users in complying with the International Swaps and Derivative Association’s (ISDA) standards governing margin requirements for non-centrally cleared derivatives. In order to facilitate the over-the-counter (OTC)… 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 >>
A Silver Lining for IT Budgets?
Tough markets, the European debt crisis and ongoing layoffs are creating uncertainty about the levels of fin-tech spending for 2012. But middle and back office systems, particularly risk technology, could see increases, spurred on by the over-the-counter (OTC) market reforms—the unexpected silver lining in what are likely to be difficult times for IT budgeting. Celent,… Read More >>
