Wall Street & Technology

WST

The End of Labor Arbitrage

June 23, 2007 | By Penny Crosman

The age of outsourcing to India for the cheaper labor costs is over, according to S. Premkumar, corporate officer and global head-financial services at Indian outsourcing firm HCL Technologies. Where once a function performed by 100 U.S. employees could be handed over to 100 Indian employees who could do it for significantly less, the diminishing value of the dollar combined with the strengthening of the rupee and increasing salary levels in India have wiped out the benefits of such labor arbitrage, he points out. Captives, too, have lost their luster, Premkumar says - they don't grow well because they're too focused on cutting costs and they're not good at sharing people and resources.

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NYSE Euronext Develops Dark Pool for Crossing Portfolios

June 12, 2007 | By Ivy Schmerken

With dark pools gaining traction among institutions seeking leak-proof matches, one of the worldis largest liquidity pools is venturing into the crossing network space. By the end of this summer, NYSE Euronext is expected to launch NYSE MatchPoint n a point-in-time benchmark crossing-network geared to large index funds and mutual funds looking to matching portfolios of stocks.

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Getting Institutional Customer Intimacy Right June 11, 2010
The ability to deliver a robust broker-to-institutional client delivery channel has just not developed, says TABB Group’s Larry Tabb.

In Praise of Shorts and Financial Speculation March 11, 2010
While the stocks of many investment banks tanked and a number failed, it wasn't the short sellers that created the problems.

Executive Compensation Limits Could Have Far-Reaching Consequences January 19, 2010
The pay czar, the banker tax, pending legislation, shareholder lawsuits and a popular revolt all are vying to change Wall Street compensation.

Prognosticating About 2010 and the Magic 8-Ball December 09, 2009
Regulatory changes, electronic trading solutions and international policy will dominate 2010. How so? 'Reply hazy, try again.'

Wall Street Compensation and Investment: A Different Take October 21, 2009
The likelihood of deferred compensation may trouble Wall Street professionals. But on the bright side, it should fuel a deferred compensation-based investment boom.

Greg MacSweeny Column

Fidessa Expands Buy-Side EMS into Asia

Harvey Pitt: SEC Looking, Not Acting on Dark Pool Explosion

eSpeed Sees Court Decision as Win in TT Patent Case

NYSE Euronext Unveils NYSE TransactTools As Global Backbone for Accessing Liquidity Worldwide

JPMorgan Losing Data and Making Headlines

Cuomo Wins Big on Data Privacy

Larry Tabb Column

Deutsche Bank Uses Princeton Softech to Monitor Application Performance

GemStone Bolsters IBM Platform With Virtualization Solution

SunGard Strengthens Wealth Management Functionality

Today's Money Managers Are Leveraging Funds Into Alternative Investment Products

Electronic Trading Resource Center

As markets move faster and trading in all types of investment classes continues to migrate to electronic trading, the technology that supports trading strategies is evolving at a rapid pace. Reducing latency and building systems that can match orders in hundredths of a second will be required if firms want to continue to compete in many markets.

Events

July 25, 2007 Live Event headline

August 28, 2007 Another Web Event Title

August 29, 2007 Third Web Event Title blah balha blah

August 30, 2007 Fouth live event title tata

August 36, 2006 Fifth web event title

Whitepapers

Respond to financial market conditions and clients -- on demand: IBM software solutions for the financial markets industry
This solution sheet addresses the challenges & opportunities that exist today for midsized financial services/markets firms by explaining how these firms can achieve end-to-end business integration with industry-leading solutions from IBM and IBM Business Partners.

MiFID - How to Deal With Four Critical Reference Data Issues
As a result of emerging regulatory framework, the extensive changes surrounding the way data is gathered, managed, shared and retained will have significant impact for both buy side and sell side firms. This paper sheds light on some of the data issues stirred up by the MiFID revolution and suggests four pragmatic ways of addressing those needs.

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Market Place

Unexpected Surge in Trading Volumes and Volatility Raises Infrastructure Concerns for Hedge Funds

Experts Share Basic Ways To Reduce Power Consumption In Data Centers

These Servers Are Really Cool

Don't Panic, but the Grid's Going Down

What's a Green Data Center?

Wells Fargo Taps Web 2.0