Profile of Greg MacSweeneyEditorial Director
Member Since: 5/8/2014
Blog Posts: 734
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology.
Articles by Greg MacSweeney
posted in June 2006
With the average daily trade volume of credit derivatives doubling since 2004, according to a new report from Celent, Wall Street firms still are shopping for trading technology, particularly back-office processing automation to handle the huge increase in their credit derivatives business, just as many firms were shopping for similar products at last year's SIA show.
David Krell's ISE shook the options markets to their foundations, all while bringing institutions into the options market. Up next: a new stock exchange.
When it comes to market-changing business strategy, technology is no longer an afterthought. The four CEOs profiled on the following pages have proved to be masters at leveraging technology to reshape the market.
Just a few weeks ago, the providers of technology, services or just plain advice for Reg NMS compliance were anxiously awaiting this year's SIA Technology Management show in New York in hopes of signing many new deals and having a robust fiscal quarter.
By Greg MacSweeney, Wall Street & Technology
As technology advances, investors' needs shift and regulations allow for new business models, sell-side firms will compete directly with stock exchanges sometime during the upcoming decade, according to speakers at the Wall Street & Technology Executive Forum, "The Evolving 21st Century Brokerage: Business & Technology Innovations on the Horizon."
Peter Horowitz, managin