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News & Commentary
Content tagged with Infrastructure posted in May 2012
5 Technology Adoption Tips for Portfolio Management Platforms
News  |  5/31/2012  | 
Consider the following top five recommendations from Celent, Cornerstone Revolutions and AZA Capital Management experts for smoothly transitioning to a modern portfolio management platform.
Citi Expects 66 Percent Drop in BlackBerry Use After Implementing BYOD Strategy
News  |  5/31/2012  | 
Financial firms once supported only the BlackBerry, but now Apple's iOS and the iPhone and iPad are gaining momentum across the Street.
RIM Running Out of Options
News  |  5/31/2012  | 
BlackBerry maker Research In Motion may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers.
A Modern Trend: Suite-Based Portfolio Management Systems Are The Latest Must-Have for RIAs
News  |  5/31/2012  | 
While many RIAs still struggle with manual, outdated or disparate systems, firms such as AZA Capital Management are transitioning to integrated suite-based portfolio management solutions to improve productivity, reduce costs and enable growth.
Morgan Stanley's Facebook Analyst: Sober Man in World of Hype
News  |  5/31/2012  | 
Scott Devitt, who replaced star Internet analyst Mary Meeker at Morgan Stanley in 2010, was one of the few analysts to cut his price target for Google in January after the company's fourth-quarter earnings missed analyst expectations by more than $1 a share.
Wall St Stumbles as Euro Zone Worry Grows
News  |  5/30/2012  | 
U.S. stocks dropped on Wednesday, as rising bond yields for Italy and Spain and the latest poll results in Greece worsened fears about a spiraling of the euro zone's debt crisis.
Two FX Players Unveil Platforms Amidst Greek Crisis
News  |  5/30/2012  | 
With rumblings of a Greek exit from the euro zone in the background, two players announced trading platforms for sourcing liquidity.
Can Brokers Evolve to Avoid Extinction?
Commentary  |  5/30/2012  | 
In a "A Night At The Museum" Fidessa's Steve Grob explores how brokers must adapt to keep the Buy Side up and running.
Big Data's Role in Meeting Compliance and Regulatory Challenges
Commentary  |  5/29/2012  | 
Responding to the changes in the financial industry with yesterday's data capabilities will place financial institutions at a disadvantage. Utilizing big data technologies can help firms meet financial reporting requirements, says DataArt's Oleg Komissarov.
How to Climb the Wall Street Corporate IT Ladder
News  |  5/29/2012  | 
Even as layoffs lay waste to financial services payrolls, top IT pros remain in strong demand. Here are the skills -- including Big Data and social media -- workers need to survive and thrive in a modern Wall Street IT organization.
NYSE Euronext Opens Liquidity Center to Third-Party Service Providers
News  |  5/25/2012  | 
The move is a response to customers’ requests for lower costs for a range of market services, including colocation.
Fisher Investments Opens Sydney Office
News  |  5/24/2012  | 
With a new Australian subsidiary, the money manager is looking eastward.
Ex-Millennium Collison Shuts Asia Hedge Fund
News  |  5/24/2012  | 
The closure is the latest in a growing list of hedge funds to shut shop in the region.
What, Me Worry? Alfred E. Neuman & Dodd-Frank
Commentary  |  5/24/2012  | 
Hiding your head in the sand is not an option with the most complex financial law in 70 years.
Millennials May Be the Cure for the IT Talent Shortage in Financial Services
Commentary  |  5/23/2012  | 
CIOs need to learn what makes Millennials tick, or risk missing out on the tech-savvy skills the ME Generation brings to the table.
7 Tips for Moving to a Global Shared Services IT Model
News  |  5/22/2012  | 
Vanguard CTO and principal of global investment systems Carol Dow shares insights gained during the firm's multiyear transition to a global shared services IT model.
Consolidating IT: Vanguard Leverages Advances in Bandwidth and Optimization Technologies
News  |  5/22/2012  | 
In addition to cloud technologies and virtualization, global firms such as Vanguard are leveraging advances in bandwidth and optimization technologies to consolidate international IT operations into a single organization and shared data center.
Morgan Stanley Cut Facebook Estimates Just Before IPO
News  |  5/22/2012  | 
In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company.
Facebook's IPO Fail: What Went Wrong on the Nasdaq
Commentary  |  5/21/2012  | 
As Nasdaq deals with the fallout of Facebook's IPO flop, Bloomberg's Matt Miller tried to get some answers from Cuttone & Company's Keith Bliss
Renaissance Capital Joins Sungard Global Network
News  |  5/21/2012  | 
Offers direct access to Russian equity markets for buy side institutions,following an exchange merger and changes in market structure and settlement procedures.
Even Facebook Can't Get Investors to 'Like' the Markets
Commentary  |  5/18/2012  | 
The historic debut of the social networking giant on the Nasdaq was unable to help investors forget what ails the global markets.
Facebook's Debut is Modest, High Volumes Cause Problems
News  |  5/18/2012  | 
Facebook Inc shares rose less than expected on their first day of trade on Friday and huge order volume caused technical problems that marred the coming out party of the No. 1 online social network.
Hedge Fund Lone Pine Capital Opts for SS&C's Form PF Tool
News  |  5/17/2012  | 
Starting next month, hedge funds with at least $22 billion in assets under management will need to begin filling out Form PF, which is designed to monitor the risks posed to the nation's financial system by hedge funds, private equity funds, and other large private funds.
Nasdaq Data Center Launches Express Connect for Co-Location Clients
News  |  5/17/2012  | 
The network solution will offer customers low latency connections from a single liquidity hub.
China's Largest Bank Turns to Progress Apama For HFT Strategies
News  |  5/15/2012  | 
CITIC Securities said a growing number of institutional investors are looking for access to high-speed trading strategies in order to be more competitive.
LCH.Clearnet Piles into European CDS Clearing
News  |  5/15/2012  | 
LCH.Clearnet has joined the flood of clearing houses piling into European credit default swaps (CDS) ahead of regulation that will force firms to clear such products on an exchange, instead of trading them privately.
Guggenheim Investments Picks NAV Platform
News  |  5/14/2012  | 
In a move to eliminate spreadsheets and reduce operational risk, Guggenheim chose Milestone Group's pControl platform to automate the production and control of net asset values.
The Evolution of a Broker's Market Access Decision
Commentary  |  5/10/2012  | 
Hedge Funds Must Search for Alpha Compliance, Too
Commentary  |  5/9/2012  | 
Hedge funds must alter their approach to compliance as they face a new level of scrutiny from both regulators and investors, says NICE Actimize's Stephen Anikewich.
Cisco: Cloud Is Changing CIO Role
News  |  5/9/2012  | 
Mobility, cloud, and collaboration technologies are changing the demands on CIOs, Cisco CTO Padmasree Warrior tells Interop 2012 audience. Cisco Cloud Connect, cloud networking platform rolling out this summer, aims at those demands.
Weak Banking Demand Forces Cognizant to Cut Outlook
News  |  5/8/2012  | 
Weak demand from financial services clients in North America forced Cognizant Technology Solutions to lower its full-year forecast for the first time in nearly four years.
Hedge Fund Veteran Named Options IT Head of Technology
News  |  5/7/2012  | 
With more than 25 years of experience, Ian Bowell has been appointed as the firm's new Head of Technology in the Americas.
Wall Street Firms Are Not Prepared for Big Data
Commentary  |  5/3/2012  | 
New data sources, including social media and mobile devices, can provide valuable information and insights into customer tendencies and trends. But firms do not have the infrastructure or skills to handle the deluge of unstructured data.
AMD Launches Financial-Services Specific Open Compute Server Platform Specification
News  |  5/3/2012  | 
AMD's Roadrunner is designed to meet the general purpose compute, cloud infrastructure, high-performance compute and storage needs of the financial services industry.
Why Hedge Funds Flock to the Private Cloud
Commentary  |  5/3/2012  | 
As a sign of hedge fund adoption of cloud-based IT services, Eze Castle Integrationhas more than 2,000 users at 600 hedge funds on its private cloud, surpassing over a pedabyte of data.
UBS Faces Pay Backlash as Weber Becomes Chairman
News  |  5/3/2012  | 
UBS became the latest bank to face the anger of its shareholders over executive pay on Thursday, as investors queued up to voice their complaints in a packed meeting that echoed recent protests at Credit Suisse and Barclays.
In Quiet Markets, FX Traders Hunt New Opportunities
News  |  5/2/2012  | 
Calm in currency markets is causing a headache for foreign exchange traders, who are struggling to make money as major currencies trade in a tight range, and storing up trouble for investment banks relying on the sector to generate profits.
Mountaineer Hedge Fund Implements Imagine
News  |  5/1/2012  | 
New event-driven hedge fund implements Imagine's cloud-based service for portfolio and risk mangement on equity and distressed debt-related instruments.
Legg Mason Profit Up 10 Percent After Cost-Cutting
News  |  5/1/2012  | 
Legg Mason Inc's quarterly earnings rose 10 percent, the Baltimore asset manager said on Tuesday, as it finished a streamlining plan that cut expenses.


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