Thoughts after reading this?....many nuanced ramifications.
Happy Thanksgiving to the thread.
Hedgeweek Special Report on Innovation 2008
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This Special Report has been downloaded 1,315 times since publication on 24 Nov 2008.
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Articles
Decentralisation of trading creates attracts host of new players
A year is a long time in financial markets. Aside from the credit crisis making the transition to a fully-fledged economic downturn, it was a year in which Mifid started to work its magic and trading in Europe began - at last - to decentralise. A whole new crop of platforms, or MTFs (Multilateral Trading Facilities), materialised from the ether to take on the might of the incumbent stock exchanges.
Threat of regulation spurs revamp of hedge fund operations
It is fashionable to blame hedge funds for the world's ills, and politicians have not waited long before pointing the finger at them over the credit crunch and the subsequent recession. It would be tempting for hedge fund managers to laugh off the often absurd attempts to pin the blame for everything on them were it not for the fact that political posturing could soon be backed up with new regulation of the industry.
CDS on Bclear - a safer, clearer route for OTC
When former Federal Reserve Chairman Alan Greenspan acknowledges that he was "partially" wrong in his belief that some trading instruments, specifically credit default swaps (CDS), did not need regulation, it is time to take note.
Research Management Solutions: the Antidote to Information Overload
The investment industry today is more information intensive and data dependent than ever. Investment professionals must be able to manage all the information they gather on their investment ideas effectively, and then locate and retrieve any single piece of research quickly and easily. However, in recent years, the industry has struggled with a massive influx of investment information - sell-side research, email, independently produced analysis, news, internet content, earnings calls and more.
The intelligence swap: technology for strategy
Hedge funds have always had an interesting and diverse relationship with IT: from mission-critical, proprietary systems and prime broker-sourced systems to creating ad hoc spreadsheets - or ignoring IT altogether.
Changing the way investors and managers communicate
The flow of information between hedge fund managers and investors has historically been challenging for both parties. Investors have struggled for more than a decade with manual data entry of qualitative and quantitative information they receive monthly, weekly and even daily directly from managers. Even today, you can walk into multi-billion-dollar funds of hedge funds or family office to find a cadre of analysts and even the portfolio manager entering data. Not only is the process error-prone and time-consuming, it delays more important analysis and reporting. |
