The Incredible Shrinking Data Center
Faced with cost pressures and a general decline in revenues, financial firms are turning to new technologies and strategies that are moving applications out of traditional data centers.
Private Equity Wants HP on a Diet
Private equity firms Blackstone Group, Kohlberg Kravis Roberts and TPG Capital would like HP to break up and sell some of its units.
ICE Unveils Same-Day Clearing for CDS Trades
IntercontinentalExchange Inc., which operates clearing houses and over-the-counter markets, announced the launch of Affirmed=Cleared, a platform that enables credit default swap trades to be cleared within minutes after execution.
High-Speed Trading Reaches Saturation in the U.S. - Report
With high-frequency trading reaching saturation in the U.S. market, the nation's firms are focusing less on transaction speed, and are instead hunting for patterns in a broader pool of financial instruments, according to a Tabb Group report.
State Street Rolls Out Risk Data on iPad
State Street announced the launch of an iPad application aimed at institutional asset managers, which enables them to view entire investment portfolios along with real-time analysis of their exposure to risk.
NYSE Technologies Built It, But Will Firms Come?
The new capital markets-specific cloud offering from NYSE Technologies is robust, secure and has features no other cloud provider can boast. But will it be enough to get firms to migrate from the safety of their own private clouds?