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BCP Survey Yields first look at Wall Street's Post Sept. 11 Preparedness
BCP getting a lot of attention at financial-services firms, but some lessons learned haven't become reality.
RISK-MANAGEMENT TECHNOLOGY
Reuters now markets Kiodex's Risk Workbench risk- management platform; Sun Microsystems releases its Enterprise Continuity solution; The Professional Risk Managers International Association hosts online discussion forum.
RISK-MANAGEMENT TECHNOLOGY
PeopleSoft releases version 8.8 of its Enterprise Performance Management solution; Lombard Risk Systems releases its FirmRisk Collateral application; QSR Management licenses Principia Parnters' Principia System.
RISK-MANAGEMENT TECHNOLOGY
* SurfControl launches version 4.5 of its SurfControl E-mail Filter; * Fulcrum Global Partners implements FaceTime's IM Auditor for instant messaging compliance for its institutional traders; * Kiodex releases an enhanced version of its Kiodex Risk Workbench platform.
As E-mail usage Explodes, Financial Institutions Search for Best Archiving Method
The volume of e-mail has been exploding and financial-services firms are struggling to capture, store and archive messages as regulators tap e-mail as evidence.
Should The Patriot Act have Addressed a Shortened Settlement Cycle?
"We've had to revise our thinking to include the possibility of a permanent terrorist threat..... When a once in a lifetime calamity befalls the financial district twice in eight years, old assumptions are up for rethinking"
RISK-MANAGEMENT TECHNOLOGY
* Algorithmics releases its latest version of Algo Suite for enterprise-wide risk management.
* Mitsubishi Corp.'s Energy Business Group selects TradeCapture's ICTS Symphony solution for integrated, multi-commodity trading and risk management. * The SIA will hold its BCP Conference and Exhibition October 29-30 in New York.
SIA Releases Business-Continuity Planning Best Practices
As financial-services firms beef up their business-continuity plans, the Securities Industry Association has released its BCP best-practices guidelines.
Letters
I'd like to comment on your article as to whether progress is being made with Wall Street disaster recovery; As a consultant, it is our opinion and continued advice to custodians and prime brokers that they preserve the integrity of the margins by curtailing the amount "free" tech they dole out to their buy-side clients.
Straight From SIBOS: Reservations About Basel II Remain
Risk-management executives contend that complying with Basel II may put their firms at a competitive disadvantage.
RISK-MANAGEMENT TECHNOLOGY
* SAS launches a new anti-money laundering solution along with the introduction of its Financial Services Practice.
* The SIA will hold its Business-Continuity Planning Conference and Exhibition October 29-30. |