While some things have changed significantly over the past two decades across the capital markets, others have ostensibly remained the same.
Take, for example, the challenge facing capital markets firms when calculating fair valuations for the securities they hold. In the equities world, things are relatively simple—of the approximately 6,000–10,000 equities constituting the investable universe, all are exchange-traded and therefore have observable prices.
This white paper includes research from Greenwich Associates on the current trends in the financial industry regarding market data spending and planned adoption of the cloud for market data management as a replacement for on-premise legacy technology.
Although regulations put pressure on the whole industry, the buy-side often feels the effects more than the rest. Without the resources to dedicate time to them, regulations can be hard to interpret and costly to implement.
As regulations are always evolving, they demand constant attention, so it’s crucial that firms find a partner they can trust to steer them.
SmartStream AIR is designed specifically to allow capital markets firms to manage their reconciliations functions on an ad hoc basis.
This research paper charts the progress of the platform, from its inception around the start of 2018 to its launch, and focuses on the new ground it breaks in what is historically a complex, expensive and invariably laborious process within large numbers of capital markets firms.