Imported from previous forum
In a world where successful execution is critically important, the need for speed has been significant in recent years. However, as fast becomes the new ‘normal’ many firms, keen to retain a competitive edge, are now exploring how they can combine ultra-low latency execution with increasingly sophisticated algorithmic trading strategies. This development is really upping the pressure on trading technology to perform as with greater sophistication often comes increased complexity, with multiple factors impacting decision-making processes. In this environment accuracy is becoming increasingly essential in effectively managing operational risk, as the potential impact of poor quality data or execution delays could very quickly turn otherwise profitable trades into losses.
Read more about this subject in the blog ‘Balancing Desires: Faster Trading, Advanced Strategies and Operational Risk’ on Bobsguide.com: http://www.bobsguide.com/guide/news/2014/Jun/16/balancing-desires-faster-trading-advanced-strategies-and-operational-risk.html