Within the asset management industry, the recent rise in pure passive investing, based on traditional cap-weighted indices, is set to slow down in the near-future as more investors seek to diversify their portfolios while earning cheap alpha returns at near-beta fees.
One of the most difficult challenges companies face today is how to be more flexible and adaptive in a dynamic business environment. ‘Speed to market’ demands identifying and capitalizing on opportunities as soon as they appear and has become a major driver for the adoption of DevOps in the financial market industry. These changes have paved the way for new design approaches such as Continuous Integration and Continuous Delivery (CI/CD) and Infrastructure as Code (IaC) based on automated configuration and provisioning.
This past year was an eventful one for GreySpark’s thought leadership research practice. As always, we are very grateful to our loyal subscriber sponsors and readers, CMI Blog browsers and – indeed – to our subject matter expert colleagues across the capital markets industry, within GreySpark’s client base and within GreySpark as a whole for their commentary, feedback and general inputs into our now well-established research product.
In 2017, GreySpark has enjoyed a fruitful project pipeline in terms of helping its clients with many aspects of MiFID II. RTS 6 brought HFT and electronic trading very much into the spotlight, and our service offering approach has enabled us to assist many of our clients to document their governance and algorithms, which is a necessary requirement for all banks and brokers with an electronic business. We have also run significant projects working with clients to deliver their overall MiFID II programme, providing experienced subject matter experts in regulatory change, as well as seasoned project managers and programme managers. Implementing solutions for transaction reporting to provide transparency, and surveillance to capture market abuse, were also among the project themes that we were involved in throughout 2017.