Wall Street & Technology Video Archive by Wall Street & Technology

Wall Street & Technology Video Archive

SIFMA Day 2

	The Sudden Rise of Risk Management Philippe Stephan of Sophis, a provider of cross-asset, front-to-back portfolio and risk management solutions, tells WS&T's Melanie Rodier that people have become increasingly sensitive to the need for risk management since last summer’s credit crisis…
	Low Latency Competitors With market data growing and more programming strategies coming into play, low latency is critical. Mark Mahowald, president and founder, 29 West, tells WS&T editor Melanie Rodier how his company is trying to differentiate itself from the other low latency providers that surround his booth at SIFMA.
	Technology to Boost Efficiency One of the biggest trends on Wall Street is the proper adoption of technology that will help each part of an organization be more efficient, says Jim Feingold, global head of Sales and Marketing and co-head of product strategy at Portware, a provider of trading and strategy automation technologies. "On the trading desk, the efficiencies are gained through better execution which translates into better overall performance," he tells WS&T's Melanie Rodier
	Everyone Wants Mobility Mobile devices are improving fast, and demand for them is increasing as traders require increased efficiency, new Pyxis Mobile Chairman and CEO, Robert P. Mazzarella tells WS&T's Melanie Rodier. "It's about getting your data when you want it and where you want it," Mazzarella says...

SIFMA Day 1

	Adam Honore, Senior Analyst, Aite Group Core technologies are going to be big this year, says Aite Group senior analyst Adam Honore on the SIFMA show floor. "It's not the most exciting booth to stop at, but it's interesting if you look at some of the event processing, visualization vendors, and the people associated with moving messages, and how it applies to other technologies that exist in the market."
	Ian Graham, Chief Scientist, Endace Accelerated Ian Graham, chief scientist at Endace Accelerated, is the architect behind Endace Acclerated's hardware and high speed computer clusters. The company measures low latency, pinning network traffic down to an accuracy of 10 nanoseconds. "We make high speed data capture cards for a wide variety of networks. Latency is a big thing and we measure what exactly it is. Measurement is how you reduce latency," says Graham, who came to SIFMA from New Zealand, where he is based.
	Mark Fields, Director Business Development, FTEN "We're here because have an environment for black box algorithmic trading systems that is incredible," says Mark Fields, director business development at FTEN, whose booth offers pigs-with-wings-shaped stress relievers. "We're the complete environment that partners with the broker-dealer to deliver this service for the very demanding buy side user. Some people say, --When pigs fly that's when you'll give me an environment like that, but it's available today."
	Jack Wiener, EVP, Linedata "We're offering a new trading system and technology that enables our traders to get access to different liquidity pools, dark pools, algos, and DMAs all at the same time," says Jack Wiener, EVP, Linedata. "It's one of the key new features of our trading systems. It's all about giving the traders more options and faster access to the markets. This enables them to be out at multiple destinations at the same time." Wiener says the buzz and excitement at SIFMA "is a great way to reestablish our brand."
	J. Barry Thompson, Founder/CTO, Tervela At Tervela's booth, executives in multicolored tie-dye t-shirts are touting a "Revolution" with the company's new 3.0 product, which introduces message networking and the ability to perform any service running in the message infrastructure. "You have to talk about the revolution, the message network really is the fundamental basis for the infrastructure revolution. Yeah, it's fun, it's groovy, but it's the revolution how we approach problem solving in our data centers," says Tervela founder/CTO, J. Barry Thompson. "For the last 15 years, we've had the same data center architecture, servers, networks and bits of software in between. Tervela offers a mezzanine solution to optimize your server infrastructure in real-time."
	David Mainville, founder, Consulting Portal David Mainville, founder, Consulting Portal, says he is attending SIFMA to talk to prospective clients about the value of IT service management and how they can be more effective at implementing and operating IT. "The big thing is helping people implement change, lots of people are concerned about mitigating risk at the moment, and we have to help them be more effective at implementing change." Mainville was one of hundreds lining up to register at the show. "This is our first time at the show and we're very pleased at the level of traffic," he added.
	Michael Lenahan, SVP, Skyler Technology Michael Lenahan, SVP, Skyler Technology, is at SIFMA to showcase the low-latency provider's next generation global liquidity discovery solution. "Ultra low latency is always a big thing, particularly with the exploding market data rates we've seen in last year. We've scaled our solution to accommodate 600,000 messages per second with the same latency our customers have always seen," he says. Lenahan says he aims to build greater awareness for the company's products at SIFMA. "People know about low latency and understand their system has got to keep up with current market rates."
	Chuck Molinary, Managing Director, Citisoft Chuck Molinary, managing director of the New York region, Citisoft, says one of the main trends on Wall Street are vendors in the OMS space who have historically been in equity, fixed income platforms and are moving to derivatives processing. "At the same time, a lot of the derivatives platforms are going downstream towards fixed income. It's kind of a race to see who can come up with a single platform that can support both asset classes," he says. Molinary, who has attended SIFMA for the last 8 years, says the event seems to be growing. "It is also getting a little more glitzy," he says. "You see people trying to attract others to their booth. I look at it as a broad networking event. It's an opportunity for vendors and clients to interact."

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