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EMoney Advisor Launches Enhanced Wealth Management Solutions Developed for financial advisors who provide all-inclusive planning for affluent and high net worth clients, the new version's enhancements include a framework for generating investment proposals monitored by predetermined thresholds that trigger an alert every time a policy control is exceeded.
Morgan Stanley Deploys Tool to Monitor Fixed-Income Trading Apps Morgan Stanley is using OpTier's CoreFirst software to monitor performance and find bottlenecks in institutional trading.
Broadridge, Beacon To Help Clients Find Fixed-Income Liquidity Trading clients allowed to pore over daily fixed-income securities transaction records.
What Will the G20 Meeting Accomplish? As world leaders prepare for the G-20 summit, it's become clear that stimulus package increases won't be on the table.
ICAP Revenues Exceed 1.5 Billion British Pounds Interdealer broker sees opportunity to hire high quality people and acquire assets at attractive prices.
Watch Out for the Conficker Worm CNET's Natali Del Conte shares tips with Maggie Rodriguez about the April 1 ''Conficker'' worm, which could steal financial information and other data from computers.
How Can Firms Comply With Regs, While Downsizing Their Compliance Department? (video) Companies are downsizing their operations as well as their headcount in internal audit and compliance. But they still need to comply with regulatory requirements, which are increasing.
Agora-X To Clear Through ClearPort Agora-X Offers Clearing Through CME ClearPort for OTC Grain Swaps Negotiated On Electronic Platform.
Wall Street Inspired Its Nehalem Chip, Intel Says New Xeon 5500-based servers said to provide 70% to 125% higher performance — including faster input and output of data — than the previous generation.
Vhayu Launches Velocity for TCA Vhayu launches velocity for transaction cost analysis to enable trading firms to conduct real-time TCA internally
Nomura to Distribute Algo Suite Through TradingScreen Model Ex, Nomura's execution suite, will be distributed by TradingScreen in Asia.
New Automated Data Feed Between Omgeo’s Crosscheck and DTCC The link is designed to reduce operational risks in the over-the-counter (OTC) credit derivatives market by enabling market participants to align their portfolios with contract records maintained by the DTCC Warehouse.
Vhayu Launches Real-Time Transaction Cost Analyzer Velocity TCA provides benchmarks to measure and analyze performance on trades sent from any FIX-compliant EMS or OMS.
Orange Business Services Connects to Chi-X Europe Adds new liquidity pools to help customers meet best execution requirements under MiFID.
Geithner Responds to Krugman's Bank Bailout Critique Treasury Secretary Tim Geithner responds to Nobel Prize-winning economist and New York Times columnist Paul Krugman's critique of President Obama's bank bailout with NBC's David Gregory on "Meet the Press."
Savvis Connects with Chi-X Canada and Turquoise MTF Expands global footprint in response to demand for low-latency access to liquidity venues.
1st Discount Brokerage Selects Scivantage Maxit For Automated Cost Basis Reporting The tax management and portfolio reporting capabilities can be integrated into 1DB's professional and online brokerage platforms.
Mashups Slowly Gain Traction on Wall Street While adoption of mashups by capital markets firms has been slow, the technology promises to empower business users, improve information sharing, boost productivity and strengthen customer relationships -- if security concerns can be overcome.
Fiserv Launches Message WorkFlow Manager for Managed Accounts Centralized messaging solution is designed to enable operational efficiencies and cost savings.
BATS Exchange Cuts Fees BATS reduces the rebate on trading stocks under $5 and lowers route fee to NYSE.
Obama Meets with Senior Bankers Today WSJ.com is reporting that President Obama is expected to meet with several high profile bankers in Washington as he seeks to gain support for the latest plan to stabilize the financial sector.
South Park's Stan, Lex Luthor Ask for Government Bailouts Stan in South Park and villain Lex Luthor apply for government bailouts, office workers visit the Twittersphere, a flight attendant tries a new way of presenting safety information, and a hamster eats popcorn on a piano. South Park's Stan Asks for a Government Bailout Stan finds out how Washington makes its handout decisions.
LiquidityHub Achieves 2 Millisecond Latency New messaging middleware from Fiorano has enabled the U.K. fixed-income data provider to accelerate its streaming price updates.
CME Expands Views of Order Book Data Uses FIX/FAST protocol to transmit more data with less bandwidth.
Simplify Launches Hosted Managed Platform for Asset Management Industry The platform provides hedge funds, funds of funds, pensions and administrators with capabilities for shareholder management, tax, private equity management, fund of funds portfolio management, and performance and attribution risk reporting.
Industry Needs One Regulatory Voice Aite Group analyst calls for merger between CFTC and SEC.
ISE Proposes Regulatory Reforms Recommends risk-based regulatory framework to address regulatory gaps.
Hegarty to Leave TowerGroup for DTCC Robert Hegarty, managing director, Securities & Investments and Insurance at TowerGroup, is set to leave the research and advisory firm and join the DTCC as head of market structure.
Enterprise Mobility Investments Provide Big Payback Top-performing companies increased their investment in enterprise mobility by 19 percent over the past two years, fueling a 36 percent jump in employee productivity, according to Aberdeen Group.
E*Trade Accelerates Mobile Trading Upgrading from a basic WAP app to a thick client helped drive a 139 percent increase in daily average revenue trades.
Sendside Releases New Communications Solution for Hedge Fund and Brokerage Clients The new tool enables organizations to deliver important content in a secure multi-dimensional message combining web, audio, video and print content.
Madoff's Prison Number Wins NY Lottery At least someone--other than the conman himself--- actually made money "investing in Madoff." The Daily News reported yesterday that a Queens construction worker used the swindler's prison number to play the lottery and won $1,500.
Equinix Hosts Algorithmic News Feed in Germany Need to Know News has launched its Lightning Bolt algorithmic news feed service for trading operations within Equinix's Frankfurt data center.
Burgundy Selects BT Radianz for Connectivity and Market Data Nordic MTF says BT Radianz Market Infrastructure provides easy access to financial community and meets its delivery timetable.
Need to Know News Offers Algo News Feed The service will be available to the community of financial trading companies currently operating within the center, including buy and sell side firms which rely on real-time news feeds to improve their trading operations.
Clearwater Analytics Releases New Tool for Private Wealth Investors The solution provides visibility and transparency across multiple portfolios, asset classes, security types and currencies.
Are Those Assets 'Toxic,' 'Dodgy,' 'Devalued' or Just 'Legacy'? There's a widening dichotomy in the way industry observers describe subprime-related financial instruments, such as those included in the financial rescue plan the Treasury Department announced yesterday: what some call "toxic," "troubled" or "dodgy" assets, others (such as the current Administration) refer to as simply "legacy" assets. They've certainly been suffering a liquidity problem and probably performance issues, but are these assets truly "toxic"? On the other hand, are they a gift, as
The Winter Of Our Discontent May Not Be Over In our zest to find scapegoats, many good people are being unfairly disparaged and reckless statements about our system are being bandied about.
Treasury Lacks Staff and Software To Run Toxic Asset Plan The real work of implementing the plan is going to involve putting in some infrastructure and hiring professionals with expertise in pricing bank debt and complex mortgages.
Intel To Install SeaNet Latency Monitoring in its Low Latency Lab Clients such as Nomura will measure trading system latency using the SeaView tool.
NYSE Euronext Reduces Fees for Trading Pan-European Cash Markets Integrated fee structure ties in with trading on NYSE Arca Europe and SmartPool.