Data Managers Take Holistic View
Buy and sell-side firms with reference data projects say the role of the data manager is becoming more holistic, and the data manager must understand the front office.
Plugging Into Utility Computing
Plugging a monitor and keyboard into the wall and having not only a rich user interface but unlimited power at your fingertips is a wonderful concept.
Automated Web-Based Reports; Pooling Ideas; Recording VoIP Calls
In his first law of motion, Sir Isaac Newton stated that, "Every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it."
CIO Challenge: Two-Factor Authentication
The rising incidence of account hijacking and identity theft has created a challenge for financial organizations that want to secure their data, but still allow clients and staff to conduct transactions online. Two-factor authentication may provide a solution.
Learning to Communicate
A customer relationship management tool can help seal a deal, but getting employees to embrace the technology is key to success.
Broker Research: What’s It Worth?
As the SEC reviews the use of soft dollars and bundled commissions, asset managers are looking to technology to track commission payments and rank their brokers. But putting a price tag on broker research is proving elusive.
The Domino Effect
A more aggressive SEC has shaped the way Nasdaq stores and retrieves electronic documents.
Mondrian Taps Macgregor
Asset management firm will outsource part of its IT infrastructure by leveraging vendor's post-trade services.
The Fate of ITS
Following the SEC's passage of Reg NMS, the industry ponders the future of the Intermarket Trading System.
Jonathan Beyman is chief of operations and technology at Lehman Brothers, as well as an executive vice president.
Tech Professionals: An Endangered Species?
IT is in danger of extinction, says Lior Arussy, founder and president of the New Jersey-based consultancy Strativity Group, in his new book, Innovating IT: Transforming IT From Cost Crunchers to Growth Drivers.
Catalyst for Change
As WS&T went to press, the SEC approved Reg NMS - a regulation that will transform the markets from a system centered around the NYSE as an auction market to one that is more in-line with the fast pace of technology in the world at large.
Reuters IM Worm Attack Seen As ’Wake-Up Call’
Reuters' instant messaging service, purposefully taken offline by the U.K.-based firm Thursday in a last-ditch effort to stymie a fast-spreading IM worm, was back in operation early Friday morning.
Investment Management Newsflashes
Portfolio Director Offers Enhanced Client Billing; Vontobel Asset Management Selects Citigroup for Separately Managed Accounts Servicing Platform
The SEC Passes Reg NMS
In a divided vote, the SEC passed Reg NMS, ushering in a new and improved trade-through rule that will make best price and fast quotations a requirement for U.S. equities trading.
Wall Street Undervalues Some Service Providers
A planned $11.3 billion buyout of SunGard Data Systems Inc. by a group of private investors shows that the stock market is undervaluing vendors of IT and business-process-outsourcing services that have steady, recurring revenue and strong cash flows, Merrill Lynch said in a report last week.