Blog

The Secret to Successfully Automating Repetitive Financial Tasks

Like many other practices, finance and investment come with numerous tedious and repetitive tasks, like reconciliation, checking bank and broker statements, and so on. These can be done by a computer yet the process of automating repetitive financial tasks can only be successful if you are aware of the actions you and your team take...

Choosing The Best Programming Language For Finance and Investment Software

When it comes to financial investments, gut feeling and intuition are not things that should be taken for granted. After all, that is what makes an experienced investment manager such an asset to any company.  Yet these are things that are practically impossible to replicate by a computer – no, not even artificially-intelligent systems can...

The Benefits of Opting For Financial Software Experts vs General Software Experts

Choosing the right people for the job is among the most critical factors in ensuring that a project is a success. So, if you’re an investment manager at a small-to-medium enterprise (SME) looking to lessen your workload, speed up your financial reporting, make your data analysis more accurate, and even sell, buy, or hold on...

Backtesting vs Real-Time Trading: Why There’s A Discrepancy and How To Fix It

In life, we all look to the past as an indicative measure of the future. The same can be said for investments, where many financial managers conduct backtests to use past events to gain experience and make better choices in the future.  But then, why does every investment sheet contain the same words of warning:...

Further Benefits of Event Stream Processing by TIBCO™ with Wakett Framework

For a solution to be truly worth its salt, it must be holistic in its benefits and approach.  If we take something as simple and as crucial as reading glasses, they wouldn’t be of much use if they weren’t comfortable to wear, designed to go unnoticed by the reader, and small enough to be carried...

TIBCO™ Streaming Adapters Are Part of the Secret To Building Faster & Better Financial Software

Last week, we explored how our collaboration with TIBCO™ has allowed us to create faster financial software development, with a turn-around time that’s at least 50% quicker.  As we explained, this is down to several key factors, including that TIBCO™ has turned complex code into components that can be easily moved around to create an...

The Quickest Way for SMEs To Turn Their Financial Strategy Into Code? Using Wakett and TIBCO™ Streaming’s Unique Collaboration

The rise of electronic trading has made interacting with the world’s financial markets a game of speed, where mere seconds can determine whether a trade is worth it. Yet this faster approach to trading has meant that financial managers can no longer rely on outdated technology to plan and execute their strategies… (And, yes, that...

The W In The GROW Model – Choosing The Way Forward Through High-Computational Power

Over the course of these four weeks, we have looked at how, by integrating the benefits of machines and technology with the GROW model, financial managers can create a clear path to achieving the Goals set out by their financial strategies. But there is one final step that we have to discuss: the Way Forward....

The O in the GROW Model – What Options Does Event Stream Processing Offer You?

Whether we’re shopping for clothes, looking for a new career path, or scanning the menu at a restaurant, options are a great thing to have. But when it comes to investments, what our Options are may not always be a straightforward affair… This is especially true when we start talking about financial software that runs...

The ‘R’ In The GROW Model – Your Reality & How Robot Investment Software Can Counter Human Bias

Machines and software are built and designed by human beings. That means that no matter how hard we try, technology can’t achieve results that are not in some way influenced by human biases. But that doesn’t mean that a set of rules can’t define machine behaviour and change your Reality!   Look At Your Reality...