SunGard

The Dawn of Operational Alpha

They say, it is always darkest before the dawn. They don't say, however, that no one is up and working their asses off before the first light of a new day... By many accounts, the concept of operational alpha has been around for years. I first heard this term in the context of Citadel's launch of its eponymous, mid- and back-office technology externalization effort, Citadel Solutions - later known as Omnium. Citadel even went so far as to trademark the term, operational alpha. It was the exuberant days of late 2006. The timing for mainstream appreciation of such a seemingly hair-splitting concept was not particularly hospitable. Not too long later (during the immediate aftermath of the GFC), Till Guldimann - then Vice Chairman of SunGard - was loudly promoting his vision for operational analytics; a new category of data designed to help asset managers run their businesses better and respond to market shifts with greater agility. The timing was improving, but now market operators were way too distracted - by unprecedented dislocations and the specter of regulatory [...]

By | 2017-06-16T10:36:22+00:00 May 25th, 2017|Alphacution Feed|

Back to the Front: Post-Trade Processing Getting Sexy-er

If you happen to hear the drumbeat of these things called "operational analytics" getting louder, then you just may be dialed in to the subtle downstream impacts of some of today's most common headlines related to financial enterprise transformation. For instance, the fintech revolution we are living through - with all its new-fangled and often overly-hyped gadgetry - is really about harnessing the opportunity for unprecedented process efficiencies. But, while it is a soothing distraction to daydream about deploying new digital tools during the ongoing regulatory hurricane, the economic impact that they will have on the FSI landscape is barely going to move the needle anytime soon. Of course, there are exceptions to this broad brush stroke: The impact of evolving IT infrastructure solutions from Infrastructure-as-a-Service (IaaS) to software defined networks (SDNs) to any number of other high-performance compute and storage tools are already sufficiently mature to be making a major impact on architectures and technology buying patterns. A similar statement could be made about open source big data tools such [...]

By | 2016-12-10T20:56:01+00:00 September 14th, 2016|Alphacution Feed|