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28 Aug Big Data and the Rise of ETFs – Common Themes at the Markets Media CTIS 2015

3d illustration. Big business concept. Abstract financial signs charts graphs on a blue background.

By: Ellen Clysdale

Markets Media recently held its 8th annual Canadian Trading and Investing Summit on April 1st at the Arcadian Court in Toronto. Our organization participated as a lead sponsor of the event which included several breakfast forums, panel sessions, a networking lunch and cocktail reception for members from all segments of the Canadian financial industry. The main panels included discussions on global investment outlook; market structure and the challenges of liquidity sourcing; the rise of ETFs; governance, regulation and compliance; and market data featuring panelists from some of Canada’s largest financial and regulatory institutions.

The morning panels discussed a number of compelling topics including ‘The Rise of ETFs’ with panelist Camilo Gil, Executive Director, ETF Trading Services at CIBC World Markets. Camilo and fellow panelists commented on the shift from traditional mutual funds to ETFs which is currently taking place. Future growth is expected to come from the active management sector where ETF usage will grow from 2% to a much larger number – potentially around 20%. From an IT perspective, there will be a need to invest more in new business infrastructure and processes to accommodate higher volumes of ETFs.

Sean Hennigar, our Capital Markets Practice Lead, was a panelist on the Market Data panel where participants discussed updates on connectivity, access, and fees from technological and operational/business perspectives, as well as Big Data opportunities from a trading desk perspective. Sean discussed the importance of technology services in the future – and addressed the need to combat ever increasing costs in a competitive market place.