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Innovation Vs Cost-Containment July 1, 2009

Posted by newyorkscot in Articles, Client Engagement Mgt.
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Luke met with the good folks at Advanced Trading at SIFMA the other week, the result of which was this article “SIFMA: Cost Cutting, A Double-Edged Sword?” that outlined his observation on the maturity of the purchasing decisions investment banks make (or don’t make!) in hiring consultants: 

Level 1: Lowest dollar cost – is it really the cheapest option if it takes twice as long ?

Level 2: Total Cost of Project – factor time to completion, debugging, compliance, etc

Level 3: Risk-adjusted cost perspective – probability of success for the investment

Level 4: Innovation – the need to bring new ideas to the table

Needless to say, there is indeed a tight correlation between these levels and the timeliness/quality of the final product….


Catching Up – Lab49 Articles July 1, 2009

Posted by newyorkscot in Articles, HPC, Marketing, Visualization / UX.
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Life at Lab49 has been busy recently with a diverse set of client delivery, sales and marketing activities – all good news as the business continues to grow on both sides of the Atlantic.

On the marketing front, we have written a lot of great articles this year, and have been in a number of other features, providing commentary to the relevant stories. They can all be read on the Lab49 website here with the articles carved out in a separate page here. A few highlights:

Waters Special Report: IT in Crisis: Lab49 sponsored a special report in the SIFMA edition of the magazine, the theme of which how financial institutions should be addressing the current challenges presented by the financial crisis, and how, by investing in the right technology, firms can radically improve their agility and intelligence.

Robust, Reusable Drag-and-Drop Behavior in Silverlight discusses how developers can can greatly increase the overall robustness and re-usability of any drag-and-drop implementation in Silverlight, through the manipulation of an element’s RenderTransform with attached behaviors.

Riding the Tsunami discusses why firms need to update their trading and risk infrastructures and implement a holistic approach with a balance of powerful new technologies. 

Building a bank from scratch hypothesizes what it would take to rebuild bank systems from scratch to support real-time data aggregation and analysis, to provide a platform to capitalize on next-generation technologies, and to accommodate constant change. The article also outlines what principles, technologies and processes should be put in place to facilitate the optimal solution.

Concurrency: Take Control or Fail discusses how new trends in hardware demand the adoption of parallel programming throughout the financial enterprise, and why firms need to start getting up to speed now, or risk falling behind.

How to Be a Good IT Customer August 7, 2008

Posted by newyorkscot in Agile, Articles, Client Engagement Mgt, Management.
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Joe Morrison and I have another article published in eBizQ that discusses on how clients and customers can help developers do a better job in delivering better functionality in a quicker timeframe. See also our previous article published in Computer Weekly.

Waters Magazine: Flying By Wire August 1, 2008

Posted by newyorkscot in Agile, Articles, HPC, Marketing, Markets, Other.
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Waters Magazine has just published my article “Flying By Wire” in its Open Platform section of the August issue. The article discusses how advanced trading systems need better control systems to dependably innovate and take new opportunities to market. I draw an analogy between trading systems and modern jet aircraft where stability, performance and control are essential characteristics that need to be considered during design, development and testing. Read the article on the Lab49 website here.

How To Be A Good Customer July 8, 2008

Posted by newyorkscot in Agile, Articles, Client Engagement Mgt, Marketing.

Joe Morrison and I just had an article published in Computer Weekly that summarizes how business customers can play a role in IT teams delivering better software more frequently and reliably. Read the article at Lab49 here, or online here.

BEA-Intel-Lab49 Whitepaper on CEP in Capital Markets January 14, 2008

Posted by newyorkscot in Articles, Complex Event Processing, Marketing, Visualization / UX.
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Finally, the whitepaper we have been writing with BEA and Intel on how the BEA Weblogic Event Server can be leveraged in the front office has been published here and on the Lab49 website. The paper outlines general trends in the CEP market; use cases for the application of CEP; and a reference architecture. This work is based on the fixed income demo Lab49 built with BEA which focused specifically on analytics integration and performance (as well as a cool WPF visualization).