Yesterday’s technology has failed to provide an architecture robust and flexible enough to power today’s trade lifecycle. As regulation continues to increase and trading continues to become faster and more complex, new solutions are needed.

In part one of this series, we discussed the history of trading technology and how a changing modern financial market is outpacing legacy systems. As we wrap up the series, we will look at the role of a trade data hub in building a modern trade architecture,

The modern financial system has come a long way since the Dutch East India Company sold the first public shares. As capital markets developed and diversified, the complex interplay between sellers and buyers of stocks, bonds and other securities matured into a codified method for exchanging assets and financial products.

This method is the trade lifecycle, and it covers everything from trade execution and transaction settlement to reporting. The trade lifecycle is how buyers and

[Note: Amir Halfon is a frequent blogger at FinExtra, a site devoted to the financial technology community. Following is an excerpt from his blog post of January 4.]

In an earlier post, I wrote about the differences between NoSQL, what it is, what it isn’t, and some of the misconceptions surrounding it. Now I will write about what financial institutions can gain from NoSQL. First up: the Operational Trade Store.

Once a trade is made it needs to be processed by the back office, and reported