Microwave networking can deliver a significant speed advantage over fiber for high frequency trading applications between cities such as Chicago and New York, writes Travis Mitchell of Aviat Networks
Given the sweeping move to electronic trading, a growing number of trading floors are shutting down, although some say certain floors still have a place in today's markets.
Berkshire Hathaway Chairman Warren Buffett discusses his editorial in the New York Times Wednesday, which he calls a thank-you note to government for its response to the financial crisis.
News that Bloomberg allowed its reporters to access certain Bloomberg Terminal client data sent the Twitter world on fire. Then, news broke that Goldman Sachs and JPMorgan had contacted Bloomberg asking for an explanation, which fanned the flames. Here are some of the most interesting Tweets about the Bloomberg snooping scandal.
Commentators observing the SEC markets technology roundtable held in Washington DC this week say the roundtable participants didn't get specific enough when it came to software testing and that the industry should look at how other industries, including aerospace, test and validate products before putting them to market.
Capital Markets Outlook 2013: Innovation While Cutting Costs Once again, CIOs and their IT organizations will be forced to do more with less in 2013. However, this was expected and most are finding innovative ways to slash costs while boosting productivity.
Capital Markets Outlook 2013: Financial Transparency Gets Real For Form PF, a Dodd-Frank requirement, firms must gather data from multiple sources, structure it, slice it according to how they believe the Securities and Exchange Commission will want to see the data, and file highly burdensome reports on deadline.
Capital Markets Outlook 2013: Firms Will Focus On Reducing Data Center Costs in 2013 Data centers are enormous investments that require large operating budgets. In 2013, capital markets firms will continue to scrutinize their existing data centers, reduce operating costs and even selectively move some applications to third-party providers and out of the corporate data center.
Capital Markets Outlook 2013: On Guard Against Hacktivists Banks must keep hacktivists from penetrating their systems, potentially gaining access to highly confidential data, disrupting service and causing thousands of dollars in lost business, as well as huge damage to a firm's reputation.
Capital Markets Outlook 2013: Business Sourcing Gains Traction The economic environment following the financial crisis has forced financial firms to scrutinize all aspects of the business to determine which business processes can be managed and run by partners.
Why Kill Switches Won't Kill Risk TD Ameritrade CTO Lou Steinberg says he is wary of using systemic kill switches and even less comfortable with the concept of automated kill switches.
The Evolving Role of the CDO John Bottega, who has been chief data officer at Citi, the Federal Reserve Bank of New York and now Bank of America, says the role of data in the enterprise is increasing.
TECHNOLOGY ECONOMICS
IT Isn't Where It's At The big growth in tech spending is happening outside of the IT organization. That creates a challenge for companies trying to leverage technology well.
INDUSTRY VOICE
Innovative Risk Management: How To Really Leverage Legal Entity Data As the industry debates regulatory reform and the course toward greater transparency and stability, we are entering a new phase in the evolution of financial data and a potential renaissance in the approach to risk management, writes Tim Lind, global head of legal entity content at Thomson Reuters.
