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Brokerage IT Spending Expected to Grow 1.3% Through 2011
Brokerages have dramatically slowed but not stopped their IT spending, according to a report released today by Oliver Wyman/Celent
Web Services 2.0 Make Good on the Web's Promises of Flexibility and Customization
Now that Web services have gone 2.0, new service-oriented business applications (SOBAs) offer complete, cost-effective adaptability to unique business models, processes and best practices.
Merrill Lynch Speeds Up Application Development
Merrill Lynch developers are turning a Microsoft framework into a customized platform for rapid application development.
What Is a Project Management Office?
The basics of project management offices on Wall Street.
CIOs Say Projects Are Late and Over Budget
Harvey Nash/KPMG survey shows across-the-board difficulties in meeting schedules and sticking to budgets, but PMOs and other solutions offer hope.
Hedge Funds Say Technology Is Critical to Business
Hedge funds are focusing their technology efforts on improving automation around OTC derivatives, as well as adding collateral management technology and exerting better control over prime brokerage charges and rates, according to a new Aite survey.
Sell-Side Firms Dedicate 63% of Servers to High-Performance Computing
Increasing data volumes and algo trading have driven bulge-bracket firms to triple their use of HPC in two years
IBM, Sun Roll Out New Servers for Multithreaded Apps
Servers pack dozens of processors, can handle 128 threads
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