Tough Economy Calls for Tough Metrics
With current narrowing margins and market volatility, effective use of metrics can make the difference for asset managers, according to a new report.
SOA Threatens Security
With customers accessing systems themselves through Internet banking and other self-serving channels, core systems are vulnerable to security threats.
Wachovia Hires BNY Vets
Thomas F. Scaturro was managing director and head of sales for BNY Mellon Wealth Management's tristate region, while John M. Dowd was wealth management director for Wachovia Wealth Management's northeast region.
MEGA Improves Its GRC Suite
Version 3.0 of MEGA International's governance, risk and compliance software offers solutions designed to appeal to different types of users and ensure integration with current systems.
Credit Crunch is Driving Up Blade Server Use, Morgan Stanley Exec Says
To a journalist covering the space, there's no obvious connection between the credit crunch and the use of blade servers in Wall Street's data centers. But Steve Russell, managing director and global head of enterprise computing at Morgan Stanley, made the link today at a symposium hosted by blade.org. "You can reasonably assume investment banks have an increased interest in modeling mortgage derivatives and other products," he noted. "It's caus
Niche Outsourcing Destinations
Eastern Europe, the Philippines, Vietnam, Malaysia and Iceland all are emerging as outsourcing destinations for Wall Street firms.
Wall Street is exploring graphics processing units found in video games to speed options analytics and other math-intensive applications.
Mazzarella Heads to Pyxis Mobile
Consumer prices for mobile devices have gone down and in spite of the current economic crisis, companies will continue to invest in mobile technology to become more efficient and grow their top line, Mazzarella says.