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Coping Efficiently with Stepped Up Supervision of Algo-Trading

The Financial Times has a major article out last week about increased scrutiny of algorithmic trading in the UK. Quoting from the article, “The warning from the Bank of England’s Prudential Regulatory Authority, and the Financial Conduct Authority, covers the development, audit and monitoring of trading algorithms, which generate quotes for securities automatically without human intervention… Concerns among trading authorities have been heightened by incidents including a so-called flash crash in the…

The Key to Good Decision-Making That You Might Be Neglecting

Data curation helps break down silos and improve efficiency In this age of information, access to copious amounts of data from every source imaginable has become a gift and a curse. Knowing that you have the data to support nearly any decision brings a great sense of security. However, many organizations struggle with operationalizing big data for it to be used throughout the organization in aiding critical decision-making processes. When data isn’t made available to…

Imagine Software Incorporates Panopticon Dashboards into its Real-Time Portfolio, Risk and Compliance Management Solutions

Partnership gives investment banks, hedge funds, broker dealers, pension funds, asset managers and prime brokers access to a wide range of optimized business intelligence  BEDFORD, Mass. – February 7, 2018 – Altair Corporation (NASDAQ-CM: DWCH) and Imagine Software today announced a partnership that enables Imagine to resell the Panopticon visual analytics platform alongside the firm’s front-to-back-office portfolio risk and compliance management solutions. Imagine offers the power of…

The Secret to Unlocking the Power of Social Media Data

The tool that allowed a 3-letter agency to extract unstructured Facebook chat data for criminal investigations Most people associate data prep and data analytics with business, finance, and accounting. However, utilizing data means a lot more than just crunching numbers. Our lives are surrounded by data – every digital activity leaves a footprint that gives us the opportunity to understand behavioral patterns and predict outcomes in many areas. For instance, data analytics can be used…

Exploring Short Term Profit Per Million And Trader PnL

My colleague David Hall at TAPaaS wrote a great piece a few months ago that I came across and wanted to share. In his article, David asks this critical question: “Is Profit Per Million (PPM) in the first 30 seconds post trade a good predictor of a Traders’ Realized Profit when they ultimately close their positions?” David’s insight is that the received “wisdom of the crowd” on some key metrics commonly used…

The Most Overlooked Ways to Cultivate A Data-Driven Organization

How organizational culture and corporate communication impact your analytics It’s hard to argue that clear, effective communication isn’t a linchpin in business – the phrase ‘strong verbal and written communication skills’ exists in perpetuity on every job description that’s ever been created. Many believe that communication, or lack thereof, can be what causes some businesses to thrive, while others fail wildly. The concept of ‘effective communication’ in business generally refers to a clear, open…

Are your new MiFID II teams ready for prime time?

The Financial Times ran an article a few weeks ago about the hiring frenzy going on at banks in preparation for MiFID II. As they point out, “the number of job adverts on LinkedIn for MiFID-related roles has more than quadrupled in the last year in a sign of how companies are scrambling to be ready for the far-reaching European regulation.” I’ll point out that dealing with MiFID II, as well as any…

In-Memory Computing is the Present

Bobsguide published an article just before Christmas about the value of in-memory computing in cap markets that I found quite interesting. In it, they bring up the topic of “spread betting”: “The spread betting market is growing globally, with more than one million people opening spread betting accounts in Great Britain alone. The benefits of spread betting include low entry and transaction costs, preferential tax treatment, and a virtually unlimited array of products and options.

Taming the Wild West of Self-Service Data Preparation

This post was originally published on Jen Underwood’s blog: The self-service data preparation and analytics movement started with the best of intentions: help make organizations more data-driven, agile and confident in their business decisions. Instead, it’s become a bit of a Wild West. Everyone is working in silos that create inefficient operations – ungoverned processes, duplication of efforts, lack of a single source of truth – and popular analytics tools have fed the chaos. They…

Unhealthy Clinical Analytics Symptoms You Might Have – And How to Cure Them

Electronic health records revolutionized the way patient data is stored and accessed, converting records that once lived on paper or in siloed databases to easily accessible and shareable data. But accessing data is just the beginning. The real value comes from the ability to pull that data into meaningful reports that can be analyzed and used to make fact-based decisions. And that is particularly important for healthcare providers. By the nature of what they do,…