By Oskar Mencer, Maxeler Technologies
We are living in an Era of Convergence.” — Dataflow Session, Hotchips Conference, Stanford University, August 2013.
The amount of customization that can be done via software is increasing to meet the computational and functional needs, but there is a need for scale and cost efficiency that can only be achieved by leveraging best in breed products based on open specifications.
Market participants who master the convergence of trading, risk and market data will create a competitive advantage, as a Risk-as-a-Service (RaaS) model emerges.
The full article can be seen on the Wall Street & Technology website, as shown here: