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News & Commentary
Content tagged with Infrastructure posted in January 2009
Funds of Funds Will Stress Independence and Technology to Avoid the Next Madoff Scandal
News  |  1/28/2009  | 
After losing billions of dollars in Bernard Madoff's alleged fraud, funds of funds are refocusing on technology to perform due diligence on hedge fund investments.
Financial IT Budgets Dip for the First Time, By 3.7%, But Will Quickly Rebound
News  |  1/28/2009  | 
Large-scale SOA projects are out, risk management and self-service technology initiatives are in, says TowerGroup's latest report. However, visionaries continue modernization efforts.
Sun Unveils Green Data Center
News  |  1/27/2009  | 
New energy-efficient data center saves $1 million in energy bills, 11,000 tons of carbon dioxide and 670,000 gallons of water every year, according to Sun.
CIOs’ Top Priority: Managing IT Costs in a Challenged World
Commentary  |  1/27/2009  | 
The industry needs to rethink its cost and processing structures -- and perhaps make some radical changes, says Special Contributing Editor Larry Tabb.
Software Preserves Network Settings When You Move Virtual Machines
News  |  1/27/2009  | 
Blade Network Technologies' blade and rack switches now maintain security policies and network settings for virtual machines.
Tools for the Modern IT Organization
News  |  1/26/2009  | 
As technology executives' mandate shifts from supporting business growth to managing technology efficiently, CIOs increasingly are pursuing IT flexibility through tools such as cloud computing, virtualization, software as a service and outsourcing.
Fidessa Group Expands in the Middle East
News  |  1/26/2009  | 
Quantitive Risk Analysis Raises Red Flags with Madoff Funds, says Riskdata
News  |  1/22/2009  | 
Bias Ratio and risk profiling are tools that SEC should use for detecting fraud
Cloud Computing Gives E-Discovery a Lift
News  |  1/21/2009  | 
Firms are looking to cloud computing's utility model as a way to rein in the infrastructure costs required to support e-discovery capabilities and improve their regulatory response.
BNP Paribas Signs $410 Million IT Services Contract with IBM
News  |  1/21/2009  | 
Six-year contract covers all IT operations of BNP Paribas' Italy subsidiary; BNP to begin standardizing IT across French and Italian offices.
Adoption of Cloud Computing Hindered by Security and Operations Concerns
News  |  1/15/2009  | 
It's not that the major cloud providers can't provide strong security. The problem is that they won't talk about it.
Virtualization Is Virtually Everywhere on Wall Street
News  |  1/14/2009  | 
Firms are expanding their use of virtualization to save money, rapidly deploy new servers and extend the life of legacy applications.
NYSE Taps Nunami Services As Back-Up Provider for Reg NMS Outbound Routing
News  |  1/14/2009  | 
Arca remains NYSE's primary router, but Nunami is on standby in case there is a problem.
State of the Data Center: Overworked and Underfunded
News  |  1/13/2009  | 
Survey finds 75% of data center managers' workloads are increasing, yet cutting costs is their top priority this year.
Outsourcing’s Appeal Grows During Volatile Times
News  |  1/12/2009  | 
Amid the economic downturn, more and more Wall Street firms are considering outsourcing to cut costs as well as gain access to technology and expertise. But the shaky economy requires firms to do more outsourcing due diligence than ever before.
Eze Castle Debuts Hosted IT for Hedge Funds
News  |  1/12/2009  | 
Service includes generic office software as well as market data and trade-specific applications and services.
Exclusive: 2009 IT Spending to Drop Only 5%
News  |  1/12/2009  | 
Despite all the doom and gloom in the economy, a recent study from Aite Group says overall IT spending will only drop five percent and that risk management and compliance were two of the highest priorities. Business intelligence, document management and wealth management are areas that will see less resources in 2009.
SaaS a ’No-Brainer’ for Small Wall Street Firms
News  |  1/9/2009  | 
Small hedge funds and private firms have turned to software as a service to handle non-core chores such as customer relationship management, e-mail and even managing deal flow.
Markets Still Need That Human Touch
News  |  1/9/2009  | 
Fund-of-Hedge Funds Lacked Technology to Avoid Madoff Losses
News  |  1/8/2009  | 
Expert contends FOHFs didn't conduct due diligence, but a system would have helped to raise red flags.
Leveraging Technology to Navigate Volatile Markets
Commentary  |  1/7/2009  | 
Advancing technology continues to enable opportunity for greater efficiency, and firms that take advantage of it will be better able to navigate in this uncertain economic environment and emerge as stronger players in the future.
Cloud Computing Begins to Gain Traction on Wall Street
News  |  1/6/2009  | 
While Wall Street organizations such as Morgan Stanley, Merrill Lynch and Nasdaq have begun using cloud computing for its pay-as-you-go model, questions about control and security remain.

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