Wall Street & Technology is part of the Informa Tech Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
The 10 Hottest Cloud Apps on Wall Street Your IT team may not have heard of them.
Stressed Out by Compliance, Reputational Damage & Fines? Financial services executives are living in a "regulatory pressure cooker." Here's how executives are preparing for the new compliance requirements.
Inside the NYC FinTech Startup Scene The financial services entrepreneur scene in New York is growing rapidly. Here is one of the many startup shared offices in midtown Manhattan.
8 Financial Services 2014 IT Salary Trends Technology pros in banking and securities continue to see their salaries rise, but workers are looking for training, flexibility, and job security as well.
5 Things to Look For Before Accepting Terms & Conditions Is your corporate data at risk? Before uploading sensitive information to cloud services be sure to review these terms.
Ten HFT Debates to Follow on Twitter The moment Flash Boys hit the shelves Twitter became a battleground for the HFT debate. #Flashboys #HFT
Remembering the CrackBerry: BlackBerry Migration Survey Two-thirds of CIOs believe end user satisfaction is more important than security.
NY Attorney General Stirs Debate on HFT Perks Attorney General Eric Schneiderman's office turns up the heat on high-frequency traders and their "unfair" advantages. Traders are fighting back.
7 Unusual Behaviors That Indicate Security Breaches Breaches create outliers. Identifying anomalous activity can help keep firms in compliance and out of the headlines.
Cyber Risk Is World’s Third Corporate-Risk Priority Financial services topped the list of 26 different industries that cyber criminals most targeted.
4 Crucial Components of Social Media Strategy Important lessons from The Practicing Law Institute's seminar, Social Media 2014: Addressing Corporate Risks.
How Risky Are Your Cloud Service Apps? See how Box's cloud security risk compares with Dropbox, how Facebook stacks up against Twitter, Office 365 versus Gmail.
3 Drivers and 3 Barriers to BYO Investing Happy Users = Productive Users
5 Can't Miss Eikon Enhancements Check out Eikon's Twitter and news sentiment analysis tools
Centercore: A New Flexible Datacenter Approach Rather than build massive datacenters that take years to fill, Fidelity Investments has developed Centercore, an incremental, standards-based datacenter design.
Financial Services M&A Activity Drops Again in 2013 Mergermarket's research team analyzed their global, industry-wide M&A report to emphasize the trends in Financial Services.
When Hollywood Imitates Wall Street Five examples of actors trying to be as cool as bankers
5 High-Risk Security Blunders of Senior Managers In a recent survey, many senior leaders admitted to frequently engaging in high-risk behavior.
Merrill Lynch Turns 100 - 5 Core Principles That Led It This Far On January 6 Merrill Lynch will celebrate its 100 year anniversary. Former Chairman of Merrill Lynch International and son of one of ML's founders, Winthrop H. Smith Jr. reflects on its colorful history.
Community Chatter: Most Commented Articles of 2013 When community members start commenting on an article, the comments usually come in bunches. This year articles about cybersecurity, high-frequency trading, Elizabeth Warren and big data generated a lot of interest and comments. Here are the articles you were talking about in 2013.
Happy Holidays: Drink to 2013's Memorable Headlines -- Wall Street Style! Each year Cognito, the PR and marketing agency that specializes in financial services and technology, holds a holiday party with a specialized set of financial services drinks.
Tis The Season For Hacks: 5 Tips to Combat Holiday Fraud Cyber fraud peaks during the holidays, here are some strategies fraud teams can use to prepare.
Your Top 10 Articles of 2013 IT salary trends, career advice, trading glitches and articles about Senator Elizabeth Warren's efforts to confront banks are the articles you read the most this year. Here are the top 10 most read articles in Wall Street & Technology's community for 2013.
7 Financial Services Social Media Insights from Sprout Social See how financial services is taking a leading role in the new social business.
5 Things To Know About Big Data & Marketing Financial services marketing does not have a great relationship with IT. That needs to change.
Tweaking Reg SCI, 5 Points of Contention The SEC’s proposed Regulation SCI is intended to protect market technology from outages and technical glitches. But industry commentators contend the rule doesn’t include all market participants and underestimates the implementation costs. Here are five areas that market participants would like to change.
Bloomberg Tradebook Like You've Never Seen It Before Bloomberg Tradebook held its second annual Charity Day on its trading floor in New York. Sean "Diddy" Combs, CC Sabathia, Mark Messier and other celebrities attended the charity fundraiser/costume party to help raise over $1 million in commissions for six different charities.
5 Game-Changing Financial IT Startups Finovate 2013 showcased 69 financial technology companies, giving each 7 minutes on stage to show off their latest innovations.
10 Trading Glitches That Stopped The Markets From flash crashes to naughty squirrels, here are 10 notable exchange snafus that have crippled the stock market.
Top 10 Innovators of the Decade for Capital Markets Wall Street & Technology presents the visionary thinkers whose innovations helped transform Wall Street -- for better or worse -- over the past decade.
6 FinTech Winners Revealed Large banks threw their support behind six budding financial technology companies, helping them integrate their tools and maximize value.
SAC Capital: When The Feds Came Knocking Early on Friday March 29, federal agents arrested the portfolio manager of SAC, the largest hedge fund in the country. Will SAC Capital founder Steve Cohen, who just enjoyed a week of retail therapy which saw him snap up mansions and Picassos, be next to see the Feds come knocking? Here’s a timeline of events that have put SAC Capital at the center of an insider trading scandal.
Inside the World's Largest High Rise Data Center A new 1 million square foot high-rise data center in an old Verizon switching building at 375 Pearl Street opened this week. Here is a view of some of its features -- in pictures.
6 Most Memorable SEC Chiefs As critics debate whether President Obama's nominee for the SEC, Mary Jo White, is the right choice, we take a look at some of the past’s most memorable heads of the agency.
Lloyds Lacking Risk Controls? Weisel's Armstrong Ties Questioned, and More News of the Week Lloyds Bank, following a few systems failures in 2012, is facing accusations from a former executive that risk controls are lacking, while Thomas Weisel is under scrutiny for ties to Lance Armstrong, HSBC can't get away from its money laundering settlement and "genius" trader risk top this weeks chatter in the press and on Twitter.
Wall Street's Funniest Responses to the Fiscal Cliff Debacle Thank goodness the Fiscal Cliff is behind us. Congress only had to bypass the "deadline" and go into overtime to get a deal done, keeping investors and the markets on edge the entire time. Here are some of the amusing quotes and Tweets that came across the wire as the Fiscal Cliff "negotiations" finally produced an agreement.
Wall Street & Technology’s Top 5 Stories of 2012 Financial firms may have been laying off employees by the thousands, but it’s certainly not all gloom and doom for technologists. Specialized IT skills are still in high demand on Wall Street, and earlier this year, we gave you the low-down on how to get an elite IT education. If you’re a Wall Street manager, we also gave you some tips on how to manage Millennials to make sure you connect with them, retain them and make the most of their talent – while also ensuring you take a
A Look Ahead to the Capital Markets in 2013 The Eurozone crisis is far from over, the fiscal cliff is top of the headlines and industry revenues continue to decline. Adding to their collective headache, financial organizations are dealing with flat IT budgets while striving to innovate in today’s ultra-competitive market. But there are a host of bright spots in the financial technology world. Here is a look at Wall Street & Technology’s take on the key issues that will shape the industry in 2013.
Wall Street & Technology’s Top 5 Galleries of 2012 It’s been quite a year for the financial services industry, which was hit by multi-million dollar hack attacks as well as spectacularly disastrous technology failures. We took a look at the most costly industry mishaps in our top galleries of 2012, while also shining the spotlight on some of the biggest mistakes CIOs make. But there is light at the end of the tunnel for chief technology officers: our recent salary survey showed that IT skills remain in short supply on Wall Street. So for t
The Top 10 Quant Schools Of 2012 Where will the next generation of quantitative engineers come from? According to Wall Street pros, these are the elite quant programs.
Happy Holidays: Get Your Drink On -- Wall Street Style! Now that company holiday parties are coming back in style, here's one of the more creative drink menus. Each year Cognito, the PR and marketing agency that specializes in financial services and technology, holds a holiday party with a specialized set of financial services drinks. This year's menu reminds us of some of the year's most notable events, including Knight Capital's trading glitch, Rajat Gupta's insider trading trial and the Libor rate-fixing scandal. Bottoms Up!
7 Wall Street Institutions Slammed By Hurricane Sandy As Hurricane Sandy battered the North East leaving a trail of death and destruction in New York and New Jersey, Wall Street banks suffered varying degrees of damage. We take a look at seven financial institutions that were slammed by Sandy.
HFT Players Struggle to Survive High-frequency trading shops are having a difficult time in the current marketplace, as trading volumes remain extremely low. This week, Eladian closed its doors due to the weak market. Who will be next?
It's Time to Get Serious About Software Testing, Says SEC Roundtable Commentators observing the SEC markets technology roundtable held in Washington DC this week say the roundtable participants didn't get specific enough when it came to software testing and that the industry should look at how other industries, including aerospace, test and validate products before putting them to market.
Sallie Weeps Blood, Greg Smith Cashes In, Breaking Up the Banks and More Sallie Krawcheck gave what is likely the most graphic description of big bank complexity, while Goldman Sachs prepares for ex-employee Greg Smith's supposedly tell-all book. Here what people are saying about these newsmakers, breaking up the big banks and the euro's continued troubles in this week's top quotes.
No Trust in the 'Futures,' Morgan Stanley Plays Mr. Fix It, Technology Bugs and More Quotes of the Week Morgan Stanley officials vowed this week to fix the technology systems for the company's brokerage sales force, while the Peregrine and MF Global debacles have industry leaders losing faith in the futures industry. Plus, JPMorgan's new chief investment officer hopes for a return to a sense of normalcy at the firm after its own debacle.
Nomura, Insider Trading and Buying Politicians: Advanced Trading's Week in Review Summer is over and it's time to get serious, especially on Wall Street and in Washington, D.C. This week we hear from luminaries in the financial services arena who touch on fraud, regulation and how to keep a large global investment firm from imploding. We also hear about whether an organization that represents banks in America will get involved in buying -- or rather, influencing -- politicians. As the saying goes, money goes to money.
7 Most Striking Reasons Only 2% of Pro Investors Trust The Market Only 2 percent of capital markets industry professionals say they really trust market structure, according to a new survey from TABB Group. Here's how the Twittersphere explains it.
Is Jon Corzine Starting a Hedge Fund? And More Speculation from Wall Street Jon Corzine is back in the news and the fallout from Knight Capital's software problems continues, while Goldman Sachs avoids charges. These are just a few of the topics industry observers are discussing this week.
The 12 Most Spectacular Financial Services Failures of All Time As a result of its spectacular tech fail on Aug. 1, Knight Capital became the latest financial services firm to have pushed to the brink of collapse before being either rescued at the eleventh hour or permanently wiped out.