Open Source Technology for Financial Services

Posted on 1 CommentPosted in Finance, Trading

    Financial Services play an important role in the countries’ and their economies’ functioning. Following the credit crisis (2008), and its various consequences (de-leveraging, lesser sophisticated financial products, shift towards increased regulation and transparency, reduced transaction volumes and margins, etc.) have lead to a massive shrinking of the financial services market size. This has led to a large down-sizing amongst the key participants including brokers, investment banks, exchanges, technology vendors, institutional investors (funds), etc. With the above mentioned business scenario in mind, and the fact that all these participants need technology for automation, growth and even sustenance of their  business, do we need every participant (10,000s of brokers,  100s of exchanges, 1000s of technology vendors, 100s of regulators, 100,000s […]