SIP Up for Bid
After Nasdaq OMX said it will stop running the securities information processor, the UTP SIP Committee has decided to put the job out for bid, according to sources.
Is It Time For An IT Reorg?
Decisions about the structure of the IT organization, governance and delivery models are often taken with a siloed mindset, but today's realities should force CIOs to adopt a more collaborative and holistic approach.
Brown Brothers Harriman Hires New CIO
Michael McGovern joined BBH as CIO and head of systems, where he will spearhead technology strategy, application development and systems infrastructure for the privately-held financial institution.
Big Banks Are Now Technology Laggards
Burdened by massive fixed costs, complicated legacy infrastructures and a changing revenue model, large banks are finding it challenging to move to newer technologies.
Shadow Accounting Steps into the Spotlight
Investors have put pressure on hedge funds to ensure that accounting reports from independent administrators have been validated, writes Ron Kashden of Ingenious Initiatives.