In a world where trading firms always need to be one step ahead of the game in the technology race, it is becoming increasingly challenging to balance the demands of innovation with core trading business activities. A common solution is to look towards getting more hands on deck - but is staff augmentation always the right solution?

In many cases trading firms are finding that this challenge can actually be better met by taking advantage of professional services consulting. When faced with this decision, the key lies in asking yourself three key questions:

  • Is the project you are embarking on part of your firm's "core business"?
  • How much time would it take for your current team to deliver compared with a professional services organization?
  • What kind of costs are associated with staff augmentation vis-à-vis professional services?

Combined, your answers will determine the path that is most likely to benefit your firm for the project in question, as detailed by Kirk Kvist, AVP Professional Services at Itiviti.

Download the full article  

Related content

Webinar: NYFIX Matching for post-trade affirmation AMER

For the past two decades, the post-trade affirmation process was done either manually or through the Omgeo suite...

Read more

FIX France 2018 - 22nd November 2018, Paris

The FIX Trading Community™ France Trading Briefing will cover a wide range of issues impacting the industry. Designed...

Read more
Evolution Innovation 3

The Exchange Traded Funds (ETF) Marketplace in 2017

As continued strong growth is predicted for Exchange-traded funds (ETFs), the marketplace is also becoming increasingly complex. Itiviti...

Read more
Infrastructure 2

The shifting balance between high-touch and low-touch trading technology

Published by Intelligent Trading Technology

As global trading markets continue to evolve, moving from high-touch to low-touch trading...

Read more
Jonas Lindqvist, Itiviti, talking about MiFID II

MiFID II: where are we now?

More than a year after the advent of MiFID II, we take a look at was has been...

Read more
Ismael Sami talking about low-touch trading

Low-touch trading trends

The rise of low-touch trading desks offering DMA/DSA have emerged like start-ups inside institutions and have gradually captured...

Read more
Regulation 2

Discovering the New Normal for Traders under MiFID II

Whilst European traders begin to adjust to a MiFID II regulated market, this 2018 report highlights the consequences...

Read more

STANY 83rd Annual Conference, 4 April, NYC

NYSE, 11 Wall Street, NYC

Interested in learning more about the leading buy-side order management systems? Join Itiviti at...

Read more

FIX Americas Trading Briefing - 26 April, New York

Join our own Jim Northey, Itiviti Principal Services Consultant and FIX Protocol Global Technical Committee Chair and the FIX...

Read more

Written by

Kirk Kvist

Share this insight