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  • Brian Nadzan 09:55 on September 9, 2015 Permalink | Reply
    Tags: , , , , , ,   

    Volatility Spikes Push Vendor Uncertainty 

    The recent market volatility has raised concerns within the financial community on systems capacity, scalability and availability. Most Buy-side clients have outsourced some part, if not all, of their investment and trading workflows to external vendors. The key to ensuring continuity within a trading environment requires fully comprehending the capabilities of these vendors in terms of capacity, scalability and availability.

    Successful implementation of a multi-vendor strategy requires understanding and managing the integration points across all applications. Integration risks are single points of failure within the trade life-cycle, for example, ensuring that there is sufficient capacity to support message spikes within the various trading services or for supplying market data to consumers.

    Conducting regular capacity reviews of these various services is critical to ensuring the infrastructure is properly load-balanced. An organically developed multi-tenant SaaS solution will automatically scale and reconfigure to increase capacity in production environments. The chosen platform provider must holistically provide a complete trading life cycle solution that will reduce multi-vendor risks and integration points.

    Global trading desks that are split across regional trading locations will achieve reduced latency and ultimately better execution quality throughout the region by using a global SaaS platform. Single region solutions are not scalable and ultimately cannot provide adequate trading workflows to support today’s global financial marketplace.

    Trading services need to be architected for high-availability to compete in today’s global, continuous and highly interconnected financial markets. Solution providers must be proactive in servicing clients around-the-clock to meet the demands of the global interconnected marketplace by ensuring optimal performance and continuous availability. Simply put, today’s trading systems can never be down.

    Broker neutral and independent solution providers are key to ensuring a firm’s trading activity is safeguarded against illegal behavior. Regulators have recently fined firms for misusing highly confidential order and trading information attained from their Buy-side clients. Arguably, broker provided solutions are no longer trustworthy.

    Successfully growing and competing in today’s global trading environment requires vendor capacity, scalability and availability

    Please visit TradingScreen’s website to explore options.

  • Brian Nadzan 12:24 on January 25, 2013 Permalink | Reply
    Tags: , , , , , , , , , , SaaS In The Enterprise.com, SaaSInTheEnterprise.com, sas 70, , William Terdoslavich   

    Top Eight Reasons for the Buy Side to Adopt The Cloud 

    TradingScreen introduced cloud-based trading more than a decade ago, before the term “cloud computing” even existed. Since then, we have seen a huge uptake in TradeSmart, our independent, multi-asset execution management system that is delivered through a Software-as-a-Service (SaaS) model, as well as our other platforms and products that utilize the cloud.

    Yet, even as a host of consumer and enterprise applications move to the cloud, there are still some buy-side firms that don’t fully understand the advantages of implementing SaaS architecture.

    For the benefit of these late adopters, I present the top eight reasons for the buy side to adopt the cloud:

    1. Reduced Cost of Ownership: The major advantage of SaaS that most people already understand is the cost savings. The amount of hardware and staff required to support even the most basic trading operation is quite significant. Using a SaaS-based system, companies can expect to save upwards of a million dollars per year. (More …)
  • Brian Nadzan 15:45 on October 31, 2012 Permalink | Reply
    Tags: client communications, , Hurricane, Sandy,   

    TradingScreen Service Notice: Systems & Services Continue to Operate Normally 

                                                                   October 31, 2012

    Dear Valued Customer,

    We are sorry that hurricane Sandy, which caused extensive power disruptions and flooding throughout the North Eastern United States, has impacted so many of our clients and employees and we hope that everyone’s lives will return to normal very soon.

    TradingScreen is continuing to operate out of all of our primary data centres and rest assured they are all functioning normally.

    With the reopening of the U.S. markets, TradingScreen would like to reiterate that as part of our business continuity plan, we have been and are continuing to provide our usual 24 hour a day functional & technical customer service to all users. Service is available via Telephone, IM, AskTS and Email using our global support infrastructure.

    Customer Service for the North American time zone is being provided by our London and Hong Kong offices until such time as power, communications and transportation allow our New York office to resume normal operations.

    Clients requiring assistance should use the AskTS button on the TradingScreen GUI or call the European or Asian support lines.

    Asia: +852 3607 8900 or +813 4540 8505

    Europe: +44 207 149 3101

    We can also be reached via email at support@tradingscreen.com

    Thank you so much for your time and we wish the best to all of our clients, friends and colleagues that have been impacted by the storm.

  • Brian Nadzan 14:49 on October 9, 2012 Permalink | Reply
    Tags: , , credit limits, design, development, infrastructure, , production services, , , software   

    Stability within Capital Markets 

    I find it highly entertaining that the financial community and regulators are getting together to propose a “solution” to software design – that is, passing rules and regulation to force developers and engineers to build better software.  What ever happened to good design, code reviews, instrumentation and profiling… let alone proper change management and rollback procedures?

    From the start, instrumentation and key statistics need to be identified and collected within all production applications and services. These statistics further need to be stored and constantly analyzed against the current data set looking for anomalies across the production environments. Trading patterns, client behaviors, and capital markets are consistently changing, requiring proactive monitoring and capacity planning. (More …)

  • Brian Nadzan 09:13 on September 18, 2012 Permalink | Reply
    Tags: , , electronic trading platforms, , open-source,   

    SaaS – Accelerating Change Within Capital Markets 

    There was an interesting article published on ft.com a few days ago about banks collaborating with each other to develop trading software. This isn’t a new concept as open-source initiatives have existed for years across the entire trading life-cycle (calculations, fix messaging, etc.).

    TradingScreen has quite a bit of perspective on these types of efforts; the firm has been building software for the Capital Markets industry based upon a Software-as-a-Service architecture since 1999… before the term “SaaS” even existed. TradingScreen provides its clients  with a number of broker-neutral, multi-asset class investment tools and product(s) but, also, a framework to build proprietary analytics and solutions. TradingScreen’s application framework provides access to all back-end services as well as data (i.e. Market Data, Production Data). Additionally TradingScreen provides distribution technology and controls entitlement and access. (More …)

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