Buy-side Perspectives Issue 14 | Page 11

K&KGC - K E Y F I N D I N G S F R O M T H E AT F s 2 ND H A L F 2 0 1 8 buyside are also implementing Smart Order Routers (SOR) for fixed income. The buyside are still waiting to hear of other buy- side firms successfully using fixed income execution management systems (EMS) for bond trading. This could in the future potentially resolve some of the current aggregation challenges for bond trading where the buyside currently have to monitor multiple screens. In addition to limited buy-side budgets, interoperability challenges with legacy order management systems (OMS) are slowing down the adoption of cutting-edge trading technologies. Data and analysis resulted in an improved data quality but all regulatory reporting efforts has not yet proven to deliver anything valuable for more informed decision making. Better enrichened market data is currently mainly available through commercial data suppliers. Improved market data is imperative for getting value out of transaction cost analysis (TCA) systems. Another area that the buyside are waiting to hear more success stories about. Thank you to all the buy side who contributed to the ATF autumn roadshow. The 7 th annual Alpha Trader Forum Global Summit on 6 th – 7 th February 2019 in London will be our next opportunity to discuss these and a few other challenges further. Looking forward to see you there! The electronification of the fixed income market may have 2019 SPONSORSHIP SPACES AVAILABLE - ACT TODAY!