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: Equivalence or no equivalence, that’s the question

European Capital markets are continuously changing and evolving, and we’ve observed unprecedented change over the past few years...

Read more

Itiviti confirms Deutsche Börse has signed long-term agreement to use Tbricks by Itiviti

Deutsche Börse will use Tbricks by Itiviti for Market Surveillance on Eurex providing real-time derivatives pricing and alerting...

Read more

Itiviti announces connectivity to Hudson River Trading SI

As the market structure evolves rapidly in Europe following MiFID II implementation in early 2018, access to relevant...

Read more

Itiviti Group Holding AB and Itiviti Group invite to an investor telephone conference on May 12

Register by e-mail at ir@Itiviti.com or phone +46 8 506 477 00 no later than May 9, 2016. When registering...

Read more

Nordic Trading Briefing, Stockholm - September 26th, 2017

Following the success of the 2016 Nordic Trading Briefing, which brought together 241 senior local market participants, FIX...

Read more

Bokslutskommuniké Itiviti Group Holding AB 1 januari – 31 december 2016

Genomförd strategi ger grund för optimistisk framtidssyn

Rörelsens intäkter under oktober – december 2016 uppgick till 179 682...

Read more

BOKSLUTSKOMMUNIKÉ ORC GROUP HOLDING AB 1 JANUARI – 31 DECEMBER 2015

Rörelsens intäkter under oktober – december 2015 uppgick till 123 686 (101 425) Tkr, en ökning med 22...

Read more

TradeTech 2018 - 25th & 26th April, Paris

TradeTech has been helping the most senior equity trading professionals from across the full value chain solve their...

Read more
Regulation 3

MiFID II: turning challenges into opportunities

MiFID II posed a significant number of challenges for trading firms across Europe, but its regulatory impact has...

Read more

Written by

Kirk Kvist

Share this insight