Rapid Model Deployment (RMD): The new race for speed in systematic ﬁnance
These days, speed is of the essence in more than just order routing. Phil Perkins, Ben Van Vliet and Carl Ververs of the Institute for Market Technology explain how a rigorous process for rapid trading model development is becoming an absolute necessity.
It's been nearly one hundred years since Henry Ford pioneered the assembly line. Ford recognised that the auto industry had reached a new phase, one that would require more than just better technology. While his competitors were focusing on faster, sexier cars, Ford focused on faster, more efficient production and delivery, and he drove many of his competitors out of business. He proved that bringing together people, process, and technology could make the whole much greater than the sum of the par