FROM THE EDITOR
Will the CDO Mess Place 2008 IT Budgets In Peril?
With write-downs from subprime mortgage losses now approaching $50 billion, Wall Street firms may have no choice but to revise 2008 technology spending budgets.
Financial Services Outperform Other Industries in Records Management
Sixty-five percent of public and private organizations have not implemented enterprisewide records management policies.
Asia Tops World for Money Laundering Risk
A global survey of senior anti-money laundering (AML) compliance officers identified Asia as the region currently experiencing the greatest increase in money laundering risk.
For Wealth Managers, Specialization Trumps Generalization
Consultative wealth managers earn three times more than traditional financial advisors.
Equity Transactions Boom Across Global Exchanges
Equity transactions increased by an average of 44 percent in 2007.
Identity Theft Top Priority for State Legislators
More than 200 bills are currently pending at state level.
Be Careful of The Transparent OTC Market
Be careful what you wish for. A transparent over-the-counter (OTC) market could cause liquidity to dry up.
Citisoft Appoints Clark as Global CEO
Clark will focus on growing the company's business in Australia and Asia.
GAIN Hires Andrew Haines as CIO
As CIO, Haines will be responsible for overseeing trading and business application development, infrastructure applications and business continuity planning.
BGC Appoints Clive England as head of e-commerce for North America
AS head of e-commerce at BGC, Clive England will develop hybrid trading applications in the U.S., leveraging the company's technical backbone in the U.K.