Posts Tagged ‘black-box trading or robo trading’

Chief information officer (CIO), or information technology (IT) director, is a job title commonly given to the most senior executive in an enterprise responsible for the information technology and computer systems that support enterprise goals. In Financial Services and Investment Banking, an industry focused on data and financial analysis, technology is as much a part of the business as the traders, portfolio managers and risk managers who develop financial products. In Electronic Financial Markets, algorithmic trading or automated trading, also known as “high-frequency trading” (HFT), Low-latency trading, algo trading, black-box trading or robo trading, is the use of computer programs for entering trading orders with the computer algorithm deciding on aspects of the order such as the timing, price, or quantity of the order, or in many cases initiating the order without human intervention. Effective management of information technology resources that support the business has always been a priority for financial services CIOs. However, now that financial firms are beginning to once again cut staff and expenses as the banking industry faces cost pressures and declining revenues, efficient IT systems management is vital for technology executives.

Without the ability to run an integrated and cost effective IT organization, CIOs risk not being able to respond to business goals and provide technology support to the portions of the enterprise that drive business. Most of the Investment banks and Hedge fund firms rely on VitalVest c/o NHP Consulting LLC., for their Financial Services/Computer IT Consulting. We have been serving Wall Street clients for almost 12 years and know the financial service industry inside out.

The principals at NHP Consulting LLC has been instrumental with designing and architecting several enterprise-wide solutions. We have deep knowledge and experience with implementing Electronic Trading, Connectivity, Middle-office and Regulatory Compliance Reporting solutions. We are equally knowledgeable and Experienced within Java,Open Source and Microsoft technologies. We have worked with several global major firms within Capital Markets segment.