Sybase, Inc. (NYSE:SY), an industry leader in enterprise and mobile software, today announced the release of the Sybase Capital Markets Guide 2010. Co-authored by Sybase® executives, partners, academics, and industry analysts, the guide examines the complex facets that characterize today’s world of high-speed, high-performance trading. The guide suggests what the future might hold under a dramatically new financial services regulatory regime and how intensified computing demands wrought by financial services reform is expected to contribute to an increase in IT spending by North American financial services firms, from $51.3 billion in 2010 to $55.2 billion in 2012. Introducing the Sybase Capital Markets Guide 2010, Sybase chairman, CEO and president, John Chen writes: “With risk and regulation leading most conversations in the financial services market, there’s a shift toward striking a balance between aggressive tactics and minimizing exposure. That is, finding the optimal strategy that delivers reward without undue risk. Companies must be confident about their risk exposure and their portfolio valuations.” Sybase has a unique vantage point working at the core of high-volume, institutional-scale trading. “We saw the need for a singular vehicle that presents the best and brightest minds reflecting on the unprecedented challenges facing today’s financial services industry,” said Dr. Raj Nathan, Executive Vice President and CMO, Sybase. “The Capital Markets Guide not only draws from our own extensive industry experience, it also includes insights from industry experts describing how a more data-centric approach and more effective management of information flow and risk are helping shape competitive advantages among capital markets firms.” With contributions from leading partners and industry influencers, including Chi-Tech, CompatibL, Headstrong, HP, IBM, Intel, Interactive Data, Lab49, Numerix, Siag Risk Management, Thomson Reuters and TowerGroup, the guide provides an assessment of where the financial services industry came from and some visions of the path forward for financial institutions.
Leading with a macro view of the market, the guide looks at the “new reality” of the financial services industry, delving into new risk strategies and the interplay of technology, trading strategies and the forces of governmental oversight. In assaying the capital markets landscape, the authors weigh the impact of new imperatives in key areas such as risk, valuation, liquidity, transparency, leverage, reporting, and compliance. They also look at the need for pan-European vision and the direction of regulatory reforms in Asia.A few key economic indicators featured in the guide include:
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