Hardware & Software
The standard covers section 404 of the Sarbanes-Oxley Act, which requires companies and auditors to attest to the effectiveness of internal control over financial reporting.
ELECTRONIC TRADING NEWSFLASHES
Yamner & Co. Deploys CameronFIX engine; Eurex U.S. Boosts Incentives for U.S. Treasury Futures Trading; ADP Brokerage Services Group to Acquire U.S. Clearing and BrokerServices Divisions of Bank of America Corporation.
Legato Preps Firms for Subpoenas; Enigmatec Manages Infrastructure; Fidelity Offers Corp. Actions ASP; BT Syntegra Opens Trading Floor; Linedata's Holistic View; ZipLip Gets Proactive
A Conversation With Robert Gartland Managing Director, Morgan Stanley
Learning to Like Compliance
Speakers at InformationWeek Media Network's compliance forum are achieving compliance without disrupting their businesses.
Lehman Moves In With AIGT
The investment bank outsources its mainframe operations and rents space for its distributed environment from the service provider.
Separate but Equal?
The complexity of separately managed accounts presents technology challenges, but their integration into investment offerings is inevitable.
How Low Can You Go?
Reg NMS' proposed formula for allocating market-data revenues among exchanges isn't getting a warm welcome on the Street.
What’s So Great About Grid?
You wouldn't allow your employees to remain idle 70 percent of the time. And you shouldn't stand for it with your lazy computers, either.
At a recent TowerGroup conference in Boston, Rob Hegarty, vice president of TowerGroup's securities and investments practice, revealed updated spending forecasts.
Question: "Are cost controls passe now that firms are making money again?"
Algo-Trading Meets Direct Access
As buy-side firms take more control over executing orders, there is an increasing interest in algorithmic-trading strategies combined with direct-access trading platforms.
The Trust Factor
We're at a point where we trust the technology and we trust the operations, but we don't trust the human beings and the corporations they work for.
Thomson and Capco Partner on Research Authoring Platform; Bloomberg Joins RIXML.org; Merrill Lynch Signs Exclusive Deal to Distribute Delayed Research via Thomson
Victus Capital Chooses Panorama for Trading and Risk Management; RiskMetrics Group Receives $122 million From Private-Equity Investors
Southeastern Asset Management Selects LatentZero; TradingScreen Connects Tenth Client to CSFB's AES for Algorithmic Trading; E-Crossnet Launches FIX-Routing Hub and Interface for Non-FIX Clients; Colvin to Exit Track ECN
STP’s New Driver: Compliance
Once a darling of the industry that brought people to conferences in droves, STP is back, according to some. But this time, compliance is driving STP efforts, STP itself.
Trading Vendors Tout Speed and Integration for Fragmented Markets
With the trend toward electronic-equities trading and customers coping with fragmented liquidity pools, technology vendors are emphasizing the speed of market data updates and workstations that integrate news, market data, indications of interest and execution venues.
FROM THE SIA SHOW: Legato Preps Firms for Subpoenas
Legato Software (booth #3512) is building a line of business around the capability of responding to one of New York State Attorney General Eliot Spitzer's subpoenas -- specifically, responding to large-but-specific requests from investigators for company e-mails.
FROM THE SIA SHOW: HyperFeed Focuses
HyperFeed Technologies (booth #1427) is going through a metamorphosis, and the company is eager to show the financial-services industry its new look at this year's Security Industry Association Technology Management Conference and Exhibit.
FROM THE SIA SHOW: FaceTime Targets
FaceTime Communications (booth #1620) is looking to cash in on the convergence of two factors -- an explosion in the use of instant messaging at financial institutions and regulations that require those communications be audited and archived.
FROM THE SIA SHOW: BCP Focus at SIA
The financial-services industry has come a long way in preparing for a disaster in the nearly three years since 9/11, when business-continuity planning (BCP) was quickly thrust to the top of financial institutions' priority lists.
The Bad Side of Good News
The economy is humming, corporate profits are up, brokers' earnings are up and firms are increasing their technology spend - fantastic! But, where does that leave the industry's IT cost control and management accomplishments of the past four years?
Cleansing Historical Data; Scaling for Multi-Style Accounts; Voltage Eases Encryption; NexTrend Offers Mock Accounts; Permabit Addresses Integrity; Adding Clients? Flip the Switch
A Q&A With CCorp’s Top Execs
On Feb. 8, The Clearing Corporation (CCorp) began processing trades for Eurex U.S., the all-new electronic futures exchange based in Chicago that was launched by Eurex, the world's largest derivatives exchange.