SunGard Launches Commodity Suite
Energy traders can use Aligne to process energy financial and physical transactions across front-, middle- and back-office operations.
Investigators Open 20 TARP-Fraud Criminal Probes
Ever since taxpayer money was handed out to U.S. banks, the question has been "where did the money go?" TARP warns that one out of ten bailout dollars could be lost to fraud, amounting to possibly $100 billion or more.
Oracle Releases New Solution to Help Banks Manage Exposure
The enterprise application enables banks to achieve a holistic view of their exposure by helping them to centralize collateral management, limits definition, and tracking and measurement of exposure across the institution, according to Oracle.
Algorithmics Names Top 5 Liquidity Risk Issues
Algorithmics has outlined the Top 5 issues that banks must think about now to assess their policies, procedures and systems for compliance with the FSA’s new liquidity risk regime, which will be finalized this month.
Madoff's Mets Tickets Reap $7,500 on eBay
Two opening-day Mets tickets, part of a season ticket package formerly owned by convicted Ponzi schemer Bernard Madoff's company, fetched $7,500 in an eBay auction Sunday morning,
Anatomy of a Buy-Side Trader
As cutbacks spread across the buy-side desk and turmoil continues to reshape the markets, the traits that define a successful buy-side trader are more important than ever.
Financial Services Consortium Launches Biometrics Initiative
The Financial Services Technology Consortium (FSTC) announced the launch of an initiative aimed at enabling the financial services industry to gain a better understanding of how biometric technologies can be used to combat fraud across all delivery channels.