Banks Cry Wolf Over IT Budgets
As Dodd-Frank rolls into Wall Street, banks will claim they don't have the funds to operate in compliance. Cry me a river.
Nuance Communications Releases New Voice Biometrics Platform
Nuance’s VocalPassword targets automated remote verification based on an individual’s voice, while Nuance FreeSpeech performs verification and fraud detection in the background of conversations between callers and agents in the contact center.
EMS Growing Pains
As brokers debate the economics of execution management systems, Barclays and Citi have quit the EMS game. Meanwhile, Goldman Sachs has gone broker-neutral and Morgan Stanley has decided to fly solo.
The Next Rogue Algo
After the May 6 Flash Crash, buy-side firms are wary of a wave of disruptive algorithms that could trigger the next trading tsunami. To shore up the markets, regulators are pursuing sharper algo audits and stricter certification.
Deploying an OMS, Natcan Takes on Pre-Trade Risk
Canadian investment firms did not have the same exposure to the credit collapse as their U.S. counterparts. Asset manager Natcan shows how even the choice of a trade order management system can help in the quest for greater risk oversight.
Wolters Kluwer Financial Services Expands Offerings to India
Through its regulatory expertise and technology offerings, the company will help financial professionals comply with industry regulations, including those enforced by Reserve Bank of India (RBI), and Securities and Exchange Board of India (SEBI).
TGIF: What On Earth Is An A:Drive?
If you've grown up with nothing but iPods and cellphones, you're probably not going to know what an A:Drive is or what to do with a dial telephone or a Game Boy.
Markit Acquires Risk Analytics Vendor QuIC
QuIC provides financial organisations with risk analytics solutions to test market and credit risk tolerance in financial portfolios and simulate risk at the enterprise level.