BlackRock to host Aladdin platform on Microsoft cloud
Microsoft Azure cloud will host BlackRock’s flagship investment operations platform Aladdin to boost computing scale and client experience.
Buy-Side
Mass margin calls spark operational headache for buy-side and brokers
Market volatility sparked by the COVID-19 pandemic has resulted in a significant increase in prime brokers asking for more collateral from hedge funds.
European Commission sets up industry-wide group to solve clearing challenge for pension funds
New working group will look to solve complications for pension funds in providing cash collateral as variation margin.
Brokers bolster algo access to dark pools and liquidity for buy-side
The long-only results of The TRADE’s 2020 Algorithmic Trading Survey show that dark pool access remains a key focus for asset managers, as providers see largest jump in score in connecting the buy-side to dark liquidity.
Buy-side ramps up adoption of research management technology
Survey from MackeyRMS found that almost all asset managers polled are looking to adopt research management systems over the next two years.
BlackRock chief warns too few asset managers have invested to build resilience
Chief executive at BlackRock Larry Fink said not enough buy-side firms have invested in technology since the financial crisis.
Leveling up
As a new decade begins, Chris Hall looks at how the role of the buy- and sell-side trader has evolved since the flash crash of 2010, and finds that while the buy-side has levelled up with brokers, progression has not always been smooth.
TRADE Talks: Home is work and work is home
The second episode of The TRADE Talks podcast was produced from the comfort of editorial team's homes, with special guest Barnaby Nelson, chief executive of the Value Exchange, who discusses the surprising results of the Grey Costs per Trade survey.
Buy-side call for markets to remain open in letter to FCA and BoE
The Investment Association has written to the FCA and the Bank of England to confirm that asset managers want markets to remain open despite coronavirus volatility.
Schroders chief says ‘arms-length’ algorithmic management won’t provide answers to coronavirus
Peter Harrison has urged asset managers to open dialogue with struggling companies, as ‘creative’ solutions to coronavirus events will only be found through human interaction.