What challenges do firms face when selecting IT solutions for derivatives trading
By Rob Garfield, global head of product marketing,
It’s a common conundrum. Tech
leaders at financial organisations often grapple with the
decision of whether to build trading and risk systems in-house,
or turn to vendors with off-the-shelf products that meet their
Traditionally, tier one sell-side
institutions–the ones with access to the largest IT
budgets–have opted to build technology internally to
maintain full control over their systems. However, keeping this
control is expensive, both in terms of time and the
prohibitively high cost of resources. Indeed, this high price
tag can make the "build approach" nothing short of impractical
for those smaller, firms—especially those on the
buy-side—that simply can’t afford to put
their own systems in place.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |