Buy side

Equity trading bot launched in Q1 providing automated workflow processes for notifications, indications and RFQs for asset manager’s global equity trading.

The mandate represents the successful integration of front-office technology firm Eze Software with SS&C GlobeOp.

Lazard Asset Management signs letter of intent to use State Street’s widely-discussed front-to-back investment servicing platform. 

Hermes Investment Management will implement FactSet’s analytics and multi-asset risk platform.

Nico Marais will lead Wells Fargo Asset Management as CEO following the departure of Kristi Mitchem in January this year.

Panelists at FIA IDX debated whether buy-side firms have increased their clearing activity for both mandated and non-mandated products.

Research from Gresham Technologies and Adox Research predicts data quality and control could drive 40% new business growth at firms over the next two years.

Funds have raised concerns that SFTR requirements on collateral re-use will provide full view of trading book. 

Growing number of buy-side firms looking to blockchain, artificial intelligence and robotics for growth opportunities over the next five years.

Asset managers turning to conditional orders to source US equity liquidity in increasingly fragmented landscape.