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The Trading Mesh

Sybase's Blog

Big Data’s Big Opportunity in the Bleak Economy of 2013

December 26, 2012 Comments (0)           

“Companies that have embraced the future have been rewarded,” CNBC’s Jim Cramer said on Mad Money, highlighting SAP’s forward-thinking mindset — and rising stock price. “The company’s last quarter — it was fabulous — it was the best third quarter in its history.” The 40-year-old enterprise software provider is also poised for a bright 2013 thanks to the past year’s initiatives, including: A SAP HANA’s market blitz Focus on mobility with integrating Sybase Acquisition of cloud...

Dodd-Frank Stands Technically Corrected and Small Banks Lose

December 17, 2012 Comments (0)           

“People got a bit lax,” Queen Elizabeth II said last week of the time leading up to the financial crisis. “Perhaps it was difficult to foresee.” The U.K.’s monarch also lamented that her nation’s Financial Services Authority “didn’t have the teeth” to curb risky business through 2008. And dental enhancements for global banking regulators continue to be a favorite topic from Brussels to Washington, D.C. Mario Draghi, president of the European Central Bank and The Financial Times’...

Too Big To Fail Makes a “Fine” Mess for British Banks

December 13, 2012 Comments (0)           

Solving the too-big-to-fail problem in banking just got international. Authorities could seize a Global Systematically Important Financial Institution (GSIFI) — and dismantle it as appropriate — under a joint plan by the Federal Deposit Insurance Corporation (FDIC) and the Bank of England released Monday. “For many GSIFIs, this strategy holds the best possibility of preserving stability while removing taxpayer support,” wrote FDIC chairman Martin Gruenberg and BoE deputy governor...

Spending Wisely on a Big Data Strategy

November 30, 2012 Comments (0)           

Capital markets firms are falling behind in Big Data as industries from utilities to manufacturing successfully employ enterprise-class solutions to improve operations. But capital markets firms aren’t keeping up either because they’re too new on the block or because compliance drains their coffers, according to TABB Group’s Paul Rowady.
“Investing in new technologies and solutions is counter-intuitive during a downturn (and capital investment statistics of...

Lighting Up Dark Pools and Dissing Dodd-Frank

November 30, 2012 Comments (0)           

Shadow banking may sound like the demon brainchild of Dr. Evil and Gordon Gekko, but about half of the banking system’s assets are in this mostly unregulated realm of finance. And global regulators at the Financial Stability Board recently looked at taming that realm. Liquidity buffers, leverage limits and standards on how to make calculations were among the FSB’s suggestions, AFP reported Sunday. The largest shadow banking sectors are in the U.S. and the Eurozone, but systems in other...

Regulatory Reform: It’s The System, Not The Software

November 16, 2012 Comments (0)           

Trading stood still on more than 200 companies Monday, as a server kept the New York Stock Exchange from publishing quotes for most of the day. Taken alone, this seems like a technical glitch.
But combined with earlier problems, such as Knight Capital in August, Facebook in May, BATS in March and other issues this year, the glitch begins to look like a SNAFU. And U.S. regulators taking note.
 Second Winded
The reelection of U.S. President Barack Obama and his enthusiastic crop...

Dodd-Frank and the Global Culture Change

November 12, 2012 Comments (0)           

Author’s Note: Happy Veterans Day! “The impact of Dodd-Frank for foreign banks is going to be widespread and long-lasting,” according to a recent report by Boston-based research and consulting firm Celent. “The new rules would alter the trading strategies and operations of most of the large swap trading firms globally.” U.S. firms would see less international business if those foreign banks dodge new compliance costs by curtailing their American trading activities. Celent released its report...

Not-Ready-for-Real-Time Players Handicap Themselves

November 5, 2012 Comments (0)           

Three in five financial institutions cannot perform real-time reconciliation because they haven’t started working on it for any of their asset classes, according to a recent survey. And they don’t think they’ll be ready to start work on this regulation-essential project before the end of next year, stated the survey by London-based software solutions provider Gresham Computing.
Impending regulatory regimes, such as the Dodd-Frank Act and Basel III, could soon require...

Romney’s Devil in Dodd-Frank’s Details

October 4, 2012 Comments (0)           

If any publicity is good publicity, the Dodd-Frank Act got a healthy shot in the arm from the two candidates for U.S. president during their first debate on Wednesday, with each contender discussing financial regulation at length. “You have to have regulation, and there are some parts of Dodd-Frank that make all the sense in the world,” former Massachusetts Gov. Mitt Romney said. “You have to have transparency, leverage limits.” But Romney was mostly critical of the Dodd-Frank Wall Street...

Europe Takes Control of High-Speed Trading

October 2, 2012 Comments (0)           

The European Parliament’s financial committee decided last week to rein in the velocity of high-frequency trading. The Economic and Monetary Affairs Committee’s unanimous vote paves the way for a half-second speed limit on those using computers to execute lightning-fast stock deals.
“All market players and trading venue operators would be required to lay down clear rules and procedures for fair and orderly trading, objective criteria for executing orders efficiently...