Americas Trading Briefing: trends and challenges

By George Rosenberger
June 7, 2017
Share:

It was a pleasure to have an opportunity to speak at the 2017 Americas Trading Briefing, which was graciously hosted by Goldman Sachs. As usual, the room was filled with more than 250 senior market participants and 25 expert speakers to discuss important topics, trends and issues we face together as the FIX Trading Community.

Every year we learn something new at these events. This year we learned the importance of Managed Services and SaaS/IaaS models. We learned through interactive audience participation, that over 50% of the attendees think that there will be significant growth in Managed Services in the future in an effort to reduce costs/headcount. That was followed by 25% of the audience who thought that Managed Services would continue to grow significantly due to access to better skills sets/software externally versus internally.

We also discovered that while most firms believe that outsourcing functions such as FIX connectivity makes sense operationally and financially, that larger bulge bracket firms still have an emotional connection to their FIX environment and are hesitant to outsource the function despite the clear benefits. Perhaps time will slowly change that opinion.

The FPL continues to formulate topics that are relevant and thought provoking and we look forward to participating again on panels at future FPL events.

Read more about outsourcing FIX connectivity

Related Content

Why post-trade needs FIX

Why post-trade needs FIX

FIX Infrastructure Since the introduction of FIX in the mid-1990s, it has revolutionized the world of trade execution – so much so that 99.5% of the trades performed globally today are being made via FIX. But when it comes to post-trade, the industry has yet to leverage the many benefits that FIX can bring, particularly in terms […] November 8, 2018

The need to take an enterprise approach to testing

The need to take an enterprise approach to testing

FIX Infrastructure It goes without saying that it’s imperative for trading technologists to thoroughly test their systems before the put them in a production environment. Clearly, building a market-beating trading platform requires a high level of uptime and a propensity for failure that’s as close to zero as possible. And for years technologists have used a range […] November 5, 2018

The operational benefits of infrastructure testing

The operational benefits of infrastructure testing

FIX Infrastructure Getting it right. In earlier blog posts, we’ve discussed the challenges of implementing efficient trading infrastructure testing systems, and the intricate complexities of their adoption. But once all this hard work is completed, what are the potential rewards to be reaped? The operational benefits from instituting an enterprise-wide approach to trading system testing go far […] October 23, 2018

Trading infrastructure testing: the main challenges

Trading infrastructure testing: the main challenges

FIX Infrastructure In previous blog posts, we have discussed the importance of trading infrastructure testing and the regulatory and operational impetus driving its necessity. But when push comes to shove, how easy is it to implement these complex systems? What types of testing solutions are available, and what are the biggest challenges to their adoption? Today’s trading […] October 2, 2018

Itiviti Talks

Get our view on global capital markets

Subscribe

Subscription successful

Thank you for subscribing!

Close window

Itiviti Talks

Get our view on global capital markets

Weekly email

    Trends in global capital markets from a technology perspective.

By submitting this form, you acknowledge that data collected by us will be handled in accordance with our Privacy Notice.