The Evolving Role of the CDOOctober 25, 2012John 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.
Overbearing Market Reform Will Only Slow Market InnovationApril 15, 2008As investors call for extensive regulatory oversight of certain derivatives, regulators must be careful not to create a regulatory crutch that removes innovation from the markets.
Credit Crisis Places IT Budgets in Question (Again)March 14, 2008The subprime mortgage mess and credit crunch are impacting financial firms' IT budgets in different ways. But if the multibillion-dollar write-downs continue, one thing is for sure: Technology budgets will be in flux for the remainder of the year.
Quants Are Taking the Fun Out of InvestingDecember 17, 2007Quants are Wall Street's version of the highly-efficient and near emotionless NFL scoring machine: the New England Patriots.
NYSE Specialist Elimination Is OverdueDecember 12, 2007The NYSE specialist may soon be eliminated and replaced with designated market makers. But whether these new market intermediaries are effective and profitable is questionable.
Will the CDO Mess Place 2008 IT Budgets In Peril?November 15, 2007With write-downs from subprime mortgage losses now approaching $50 billion, Wall Street firms may have no choice but to revise 2008 technology spending budgets.
Sub-Prime Loans and CDOs Have Helped Create the Perfect StormSeptember 24, 2007Sub-prime loans, predatory lending, collateralized debt obligations (CDOs) and a legitimate real-estate market collapse have shaken the foundation of the U.S. economy.
JPMorgan WSS Makes Serenita CDOSeptember 18, 2006Peter Serenita, a 25-year JPMorgan veteran, has been promoted to the newly created position of SVP and chief data officer for JPMorgan Worldwide Security Services.
Citigroup Names Bottega CDOMarch 16, 2006Rare in any industry, Citigroup is the first financial institution to formally create a c-level data executive position.
Peregrine Helps Cut IT CostsJune 30, 2005AssetCenter 4.4 includes a new Software Asset Management module that monitors the usage of software in the enterprise environment.
Case Study: Taking AML To The Next Level June 22, 2004Chicago-based Mesirow Financial doesn't rely on a single AML technology platform, it combines several different processes and technologies to meet its compliance obligations.
