We recently returned from another great experience at the High Performance Computing Linux for Wall Street event in New York on April 7, 2014. This year’s 11th annual HPC conference focused on big data, HPC applications, data centers fabrics, cloud economics, low latency and how these technologies are all changing the way global financial markets are evolving. As usual, the industry’s top minds from various financial trading firms were in attendance to learn how to gain a competitive edge using the latest innovations in technology.
This year, I was asked to take part in a panel discussion about the evolution of the high performance trading fabric and where we are heading. Our session discussed the newest and next wave of innovations that are addressing scalability, optimizing application performance, enabling event-based dynamic decision-making, enhancing analytics in support of risk/compliance, and taking accuracy to the next level. The top question being asked is, “How can I ensure performance and intelligence in the changing technology landscape?” Read More »
Tags: analytics, Cisco, financial markets, HPC, low latency, trading fabric
Now more than ever financial services companies are wrestling with reducing costs, increasing revenue, and mitigating risk. Cisco Live Milan is a chance for Cisco customers and partners to learn more about innovations that can help address these challenges while meeting business goals.
This year at Cisco Live Milan, we have the following financial services industry sessions:
BRKIND-2111: Enabling Omnichannel Interaction to Capture Greater Wallet-Share in the Retail Banking and Retail Industries
Wednesday, January 29 at 11:30 a.m.
Today’s evolving financial consumer wants tedious transactions automated while valuing interactions that enhance their financial situation. Did you know 2/3 of banking customer segments want anytime-anywhere full-service banking … and will not do business without it? Learn how Cisco can make you a hero at your bank … by enabling omnichannel banking to increase your wallet-share!
BRKIND-2333: Capturing Trading Alpha with Performance and Intelligence in Financial Markets
Wednesday, January 29 at 4:30 p.m.
As ultra-low latency architectures become the foundation of trading fabrics, embedded analytics and instrumentation capabilities are critical to capturing key opportunities in a fast-paced market. Due to these growing data analytic requirements within the architecture, scalable fabrics—without compromised latency—are becoming more important. Learn how Cisco’s High-Performance Trading Fabric is unique in the marketplace in its ability to enable competitive advantage in the form of capturing sustained trading Alpha.
If you are attending Cisco Live Milan, we invite you to visit us in the Cisco Collaboration exhibit area in the World of Solutions where we will show you how you can transform your customer interaction business model to:
- Improve sales, cross-sales, and upselling
- Acquire customers faster
- Increase customer satisfaction and loyalty
- Control costs and boost efficiency
- Enhance regulatory compliance
We will be demonstrating the newest release of Remote Expert, a solution that is gaining adoption around the globe. Why? Here is what one financial institution is saying:
“The Cisco solution has helped us improve customer satisfaction and staff efficiency while at the same time increasing mortgage sales. The business case in favor of the Cisco solution stacked up quickly.”
Andrew Nation, Senior Manager,
Future Customer Outcomes at Nationwide Building Society
If you are already registered to attend Cisco Live Milan, you can register to attend these sessions on your Cisco Live Schedule Builder today. For more general information on Cisco Live, please visit the main event website here.
See you in Milan!
Tags: banking, cisco live, Cisco Live Milan, financial markets, Financial Services, High Performance Trading Fabric, omnichannel
We had a great time at the recent 10th Annual High Performance Computing Linux for Wall Street event in New York on April 8, 2013. This year’s HPC conference focused on speed and cutting-edge advances in network visibility, analytics, and instrumentation. Some of the brightest minds in the financial services industry were in attendance to learn about and discuss the latest technology innovations that help financial trading firms gain a competitive edge.
I was fortunate to take part in a panel at this year’s conference which discussed how the acquisition and monitoring of data can enable firms to manage risk and compliance in the enterprise. The panel was comprised of moderator Paul Jameson, Managing Director, Global Financial Services, Cisco Systems; Donal Byrne, CEO, Corvil; Jean Hill, Managing Director, Alvarez & Marsal; and Bruce Cooper, CTO of Liquid Holdings and COO of Green Mountain Analytics.
We covered a lot of information during the conference, but our panel discussion addressed these key topics:
- Challenges and approaches to establishing low latency at scale.
- Gaining and applying intelligence to optimize trade strategy execution through analytics and instrumentation.
- The evolving importance of programmability within the network and software defined networks evolution and application in high performance trading. Read More »
Tags: analytics, financial markets, HPC, low latency, trading fabric
Today, April 8, 2013, the brightest of Wall Street are meeting at the 10th Annual High Performance Computing Linux for Wall Street event in New York to learn about the latest technology innovations that give financial trading firms a competitive edge. With network latency achieving speeds of less than 50 nanoseconds, this year’s event focuses not only on speed but also on cutting-edge advances in network visibility, analytics and instrumentation. One way Cisco is helping traders gain a competitive edge in this area is by offloading the gathering of analytics data to the network devices, and working with industry leading monitoring firms like Corvil and TS-Associates to decode these new sources of data.
No doubt, high performance trading systems are becoming faster, processing more data than ever before. Network performance is of paramount importance in high performance trading markets where obtaining and acting on real-time equities, options and other financial market information, nanoseconds faster than competitors, may be worth millions of dollars. While complex trading analysis and risk mitigation still need to be performed outside the network layer, significant cost savings and scale advantages can be obtained by leveraging embedded intelligence in the network to enable key functions such as fabric congestion monitoring and intelligent traffic mirroring. Read More »
Tags: acitve buffer monitoring, Cisco, financial markets, Financial Services, HPC, HPT, HPTF, network latency
Financial markets today have become so dependent on well-designed technology architecture in support of growing automated trading business. I was recently part of a webinar centered on discovering how optimized latency performance, mitigation of microbursts, traffic filtering and analysis, and precise timing and synchronization are beneficial to all participants in the trading value chain.
The webinar was hosted by Wall Street & Technology, entitled, “Enabling High-Performance Trading Alpha: Beyond Low-Latency to Sustained Performance.” If you weren’t able to make it, register here to view a recording.
During the discussion, I was joined by some great minds in the financial services sector including Alex Tabb, Partner, TABB Group and Paul Jameson, Senior Director, Financial Services, Cisco. We discussed how high-performance trading fabric architecture and innovations like Cisco Algo Boost and the Cisco Nexus 3548 can help financial firms address challenges and capture opportunities in today’s financial markets. Here are a few key take-aways from the webinar I would like to highlight. Read More »
Tags: Algo Boost, financial markets, Financial Services, high performance trading, High Performance Trading Fabric, HPT, HPTF, low latency, microburst