Dain Rauscher Retools Brokers to Manage Data
Leveraging its existing back office, in January, Minneapolis-based Dain Rauscher Corporation said it would provide the firms more than 2,000 brokers with a central portal to access enterprise customer information by signing an agreement with Toronto-based Janna Systems.
Power to the People
While there is no single individual crusading for a more open IPO market, now an insurgent-led movement, is gaining grass roots support to reform the IPO pricing and distributionprocess, utilizing the power of technology and the Internet to reach millions of online investors.
Crystal Box Offers Clear View of Risk Management at CDC
CDC Investment Management, a subsidiary of Caisse des Depots et Consignations, has joined forces with NetRisk, an enterprise risk management company, to develop Crystal Box, an Internet-based reporting and analysis tool.
Schwab Enters Beta with Wireless Trading
Charles Schwab & Co. has taken its first steps into the largely uncharted waters of wireless trading, beginning the beta test of its wireless trading product on February 14th. This Valentines Day gift represents the beginning of a soft launch in only a few areas, says Bob Taylor, who is heading up the wireless initiative. The beta testing will be followed up by a nationwide release by the end of this quarter.
W-Trade Releases 401k Application for Handhelds
W-Trade, known for enabling brokers and their clients with wireless trading, has extended its wireless application suite to include w-401k, a portfolio management and trading application suited for investors and fund managers. The product, released with a host of others last week, can also be set up to deliver alerts on position changes dependent on predefined rules.