You are viewing all posts by, Paul zur Nieden

vice president, SunGard's asset management business

11
Jul
2011

New rules for operations managers: Employ algorithms, increase efficiency

Contributor:

The success of algorithmic trading is prompting firms to explore additional ways to apply rules-based automation to the back office too. In my conversations with senior-level operations managers, I often point out that: The best way to increase efficiency is through greater automation, and The best way to increase the effectiveness of automation is to employ algorithms more broadly in the decision-making process... read more

vice president, SunGard's asset management business

27
Jun
2011

Algorithms making their move from the trading floor to the operations department

Contributor:

Many of us are familiar with those credit card companies which call us to question the validity of a transaction for potential fraud. That action is a result of an automated operation triggered by a calculation – an algorithm – that communicated, in effect, “Something is not quite right here.” In most cases no fraud has occurred, and we have simply made a purchase that did not conform to our purchasing behavior.... read more