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Pricing Partners Incorporates the Portfolio Function Into Price-It Library
Designed for all major assets like interest rates, equity, inflation, credit, foreign exchange, commodities, and life insurance to hybrid products, Price-it comes either as a software tools or an internet platform.
Evaluating Outsourcing Options
The technology and capabilities of outsourced portfolio management systems offer functionality that is comparable to their installed counterparts. But not all outsourced solutions are created equal.
What Is the Middle-Office Role in Data Management?
Firms' middle offices must validate data in near real time before it is sent downstream.
SunGard Releases New VPM Portfolio Accounting Solution For Hedge Funds
SunGard's VPM version 9.0 provides hedge funds with an enterprise-level portfolio accounting application that is built on a service-oriented architecture for plug-and-play integration with a firm's existing applications.
FBI Investigates $10 million Citigroup Hack
It is not yet known whether thieves gained access to Citibank's systems directly or through third parties, according to the Wall Street Journal.
Congress Stirs Debate As It Considers Tax On Financial Transactions
Congress is considering a tax on financial transactions that takes targets Wall Street with the aim of providing relief to Main Street. But Wall Street says the tax could end up hitting some pension funds and regular investors.
LSE Takes Control Of Rival Trading Platform Turquoise
Turquoise was set up four years ago by Merrill Lynch, Goldman Sachs, Deutsche Bank, Citigroup, Credit Suisse, Morgan Stanley and UBS.
Deutsche Borse Systems Deploys Corvil's Precision Latency Monitoring Service
Deutsche Borse becomes the first exchange to provide latency distribution statistics and member latency ranking.
Rolling Stone's Matt Taibi Explains Wall Street to Steven Colbert
Taibi explains his critiques of Wall Street and Goldman Sachs to Steven Colbert on The Colbert Report.
China Businesswoman Sentenced To Death for $56m Investor Fraud
Wu Ying used the money for personal use and operating costs and to pay off loans, according to reports.
Optimism Fades Heading Into 2010
A new Wall Street Journal/NBC News poll tells that the economic crisis is taking its toll on the national psyche.
BATS To Compete with NYSE and Nasdaq for Listings
Kansas City exchange hopes to offer listings next summer, to attract small companies, exchange-traded funds and companies that don't meet the existing U.S. exchanges' standards.
TGIF: Holiday Songs, Gift-Wrapping Guide
Martin Short offers holiday advice in his song on David Letterman, Adam Sandler's Hanukkah classic, Jimmy Kimmel and Norah Jones celebrate 12 days of YouTube memories, Jimmy Fallon's guide to gift wrapping.
Martin Short's Holiday Song on David Letterman
With an unusual holiday message for all.
Deutsche Bank Completes Solar Power Project
Solar panels to generate 12% of the power consumed by the firm's Piscataway, N.J. office.
Putnam Investments Survey Finds Americans Hopeful About 2010 Economy
Consumers make "saving more" their top New Year's resolution.
Is Moynihan the Right Choice for BofA's CEO Spot?
Edward Najarian, head of bank research, ISI Group, says that Brian Moynihan, Bank of America's new CEO, is the best choice (the bank could find) for the company.
Barclays' President Bob Diamond Talks Universal Banking
Barclays' President Bob Diamond talks with the Wall Street Journal's David Weidner about the relevancy of the the universal banking model.
Who Benefits from Citi's New Tax Break?
The IRS has extended favorable tax treatment worth billions to struggling banks like Citigroup that benefited from government bailout money.
Integral Offers Hosted Solution For FX Algorithmic Trading Firms
Co-located in data centers with FX Grid, Integral's global inter-institutional connectivity and trading network, the service virtually eliminates latency, according to the vendor.
New Book Takes a Broad Look at High Frequency Trading
As the high frequency trading topic continues to cause a stir on Wall Street and with regulators, a new book has been released to explore the topic further.
Delaware Investments to Outsource Back Office to BNY Mellon
Extends long-term relationship with new investment accounting, performance and risk analytics and back-office services utilizing BNY Mellon's Eagle technology platform.
SEC Charges Former Employees of Global Firms in Serial Insider Trading Scheme
Executives exchanged illegal tips through coded text messages and yellow sticky notes.
Trading Technologies and Mizuho Securities USA Expand Global Relationship
They will co-market Trading Technologies' high-speed X_TRADER order-entry software to Mizuho's existing and prospective global customer base.
Chi-X Global Hires Steven Silberstein As CIO
Former Lehman executive will oversee technology used by the international operator of alternative trading venues.
Newedge Appoints John Fay as Head of Americas Region
Newedge Appoints John Fay as Head of Americas Region
RealTick Integrates Latest Deutsche Bank Algos, Futures Execution
RealTick has integrated Deutsche Bank’s latest suite of equity algorithms and futures execution capabilities.
BNY Mellon Asset Servicing Forms Outsourcing Group
Lou Maiuri, CEO and chairman of Eagle Investment Systems, becomes global head of outsourcing.
Bank of America's Rosy 2010 Forecast Based on Strong Emerging Markets, Low Inflation
Despite the 10% unemployment and 3.9 million foreclosures in the U.S. this year, Bank of America Merrill Lynch's global research group are highly optimistic about economic growth for the U.S. and the world for the coming year, economists in the group said at a press conference today. These economists forecast global domestic product will grow 4.4% in 2010, led by China at 10%. Inflation will be low, U.S. equities will perform well, and t
Credit Suisse Goes Live with Traiana for Retail FX
Credit Suisse will use Traiana's post-trade processing solution to match and aggregate forex trades from retail brokers.
Quod Financial Connects To NYSE Arca Europe And Smartpool
Adaptive smart order router identifies most efficient dark and lit execution venues for European securities.
U.K. Spread-Betting Firm to Price Options Using Streambase CEP
City Index hopes that performing Black Scholes and other pricing calculations in a complex event processing toolkit will allow it to quickly offer new products to retail "investors" who bet on the markets.
Capital Institutional Services (CAPIS)
Capital Institutional Services (CAPIS) is an independent agency firm that provides 24-hour global execution services, commission management solutions and independent research.
Cantor Fitzgerald Hopes to Bring Spread Betting to Las Vegas Casinos
Brokerage's Cantor Gaming subsidiary already makes markets for spread betting in the U.K. and sports wagering in Las Vegas resorts. Next, it hopes regulators will permit spread betting in Nevada.
Quant Fund Athena Capital Says FPGA-Based Feed Handler Lowers Latency
Altera- or Xilinx-based Platforms Offer Low Latency and Reduced Power Consumption
Andrew Ross Sorkin Bashes Wall Street; SNL on Tiger Woods; Al Gore on What Up With That?
Jon Stewart calls Sorkin's new book Too Big to Fail too big to read; Saturday Night Live's take on the Tiger Woods saga; Al Gore visits SNL's What Up With That?
New York Times' Sorkin on the Daily Show
Although Jon Stewart calls New York Times journalist Andrew Ross Sorkin's new book Too Big to Fail "too big to read," he gives a soft interview to the Wall Street critic, who says a year after the $784 billion financial bailout, we're no better off.
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.
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