Nicholas-Applegate Overhauls Trading Systems
8/31/2007Vendors largely have replaced in-house development as the source for mission-critical tools, according to Nicholas-Applegate Capital Management SVP and CTO Steve Rapp. For example, the firm has partnered with Latent Zero to overhaul its trading systems. Learn more about Nicholas-Applegate's technology transformation through Wall Street and Technology's exclusive interview with Steve Rapp.
4,000 Financial Firms To Get Urgent, Automatic Security Alerts
8/27/2007With the number of cyber attacks continuing to rise, top security watchdog Financial Services Information Sharing and Analysis Center (FS-ISAC) has announced a partnership with MessageOne to provide urgent fully automated security alerts to its 4,000-member firms.
Job Hunters and Recruiters Targeted by Data Thieves
8/22/2007Job hunters posting resumes online - and recruiters perusing them - are at risk. Symantec says a Trojan targeting popular job site Monster.com has recently stolen more than 1.6 million records.
Top CEOs Believe Globalization is Vital and Regulation Must Be Changed, NYSE Survey reveals
8/22/2007U.S. capital markets would stand to gain from government legal and regulatory changes, according to a new NYSE survey of 240 chief executive officers of the world''s top businesses.
Symantec Releases New Storage Management Solution
8/22/2007The Veritas CommandCentral 5.0 family provides end-to-end visibility in both virtualized server and storage environments.
LogicManager Releases Updated Sarbanes-Oxley Solution
8/22/2007Enterprise risk management (ERM) software provider LogicManager launched a new solution to address the recent changes to Sarbanes-Oxley.
Dream Job: No Limits
8/22/2007Albridge Solutions expanded its Wealth Reporting portfolio accounting and performance reporting solution to include internal rate of return (IRR) and daily time-weighted rates of return calculations.
Employee Fraud Not Being Properly Addressed By Financial Industry, Government, Survey Says
8/22/2007Actimize survey cites increased access to technology, poor hiring and organized crime as drivers for employee fraud. Majority of those surveyed say the financial industry and government are not doing enough to tackle the problem.
European Exchanges See Booming Revenues
8/22/2007European exchanges recorded a 34% profit last year, making them far more profitable than their U.S. counterparts.
BI Costs Erroneously Perceived As Prohibitive, Say Software Companies
8/22/2007Despite the overwhelming belief that business intelligence (BI) could benefit their companies, perceived high costs have prevented BI professionals worldwide from deploying BI systems, according to a recent survey.
Demand for New Trading Technology Rising Globally
8/22/2007In the New York Tri-State Area, spend on trading applications is rising 10 percent per year.
Financial Firms Ban Facebook
8/21/2007A growing number of companies are blocking their employees from using the popular social networking Web site Facebook on fears of proscrastination and security. But there are some things you can do - at least to make it safer. According to a survey of 600 global companies carried out by security firm Sophos, 50 percent of companies ban their employees from accessing Facebook. Most are concerned that employees are wasting company time. But many
ESP Names Joshua Levine CEO
8/20/2007Joshua S. Levine has been named CEO of DMA and algorithm provider Electronic Specialist (ESP).
Traditional Investigation Methods and New Tech Help Catch Insider Traders
8/20/2007As insider trading rises globally, regulators and banks are using complex event processing and remote-control software to catch rogue traders.
https://www.informationweek.com/
8/17/2007Cherecwich has 20 years experience in custody, operations and investment services at State Street, including four years as head of the firm's Japan operations.
Deliso Joins DTCC’s Wealth Management Services
8/17/2007Nicholas A. Deliso has joined The Depository Trust & Clearing Corp. (DTCC) as a senior relationship manager in the wealth management services area, where he will provide support to customers of DTCC's Managed Accounts Service.
Societe Generale Names John Shaw Managing Director, Program Trading And Electronic Trading Services
8/17/2007Shaw previously was head of portfolio and electronic trading at Jefferies.
E-Discovery Compliance Growing Increasingly Difficult
8/17/2007As electronic data proliferates, complying with e-discovery rules becomes more difficult -- and more costly.
Merrill Lynch Reports Computer Theft
8/13/2007Merrill Lynch has become the latest financial institution to hit the headlines because of a security lapse. Last week, the brokerage announced it would offer free credit monitoring to an unspecified number of employees after a laptop containing staffing records and personal financial details was stolen from its corporate offices in New Jersey.
Eaton Vance's John Shea Advances in Real Time
8/10/2007To enable new decision-making opportunities, Eaton Vance is moving toward service-oriented architecture and real-time delivery of services, according to VP and CIO John L. Shea.
Voice Biometrics Now Viable Security Option, says CellMax
8/8/2007Financial institutions looking to protect themselves against identity theft and security lapses should be looking to voice biometrics, says Tel Aviv, Israel-based CellMax Systems. Voice biometrics - the technology that authenticates the identity of a person based on their voice - is a good solution for any company doing business over a communications network that needs a person to be positively identified on the other end, Ziv Barzilay
Reg NMS and MiFID: Preparing for the Data Flood
8/1/2007The introduction of Reg NMS and MiFID could cause a 900% surge in the amount of market data being published by 2012, according to a new study from TowerGroup . So, what will this market data explosion mean for technology at trading venues?
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