Expertus Launches Global Liquidity Management Solution, and more
Expertus Launches Global Liquidity Management Solution, EBRD Selects the Principia System to Consolidate Market and Credit Risk Portfolio Management Operations, OppenheimerFunds, Inc. Licenses SunGard's XAMIN, Newton Investment Management selects Redi2 Revenue Manager, OppenheimerFunds, Inc., SunGard, InvestOne Enterprise, XAMIN, Doug Morgan, Navin Sharma, Newton Investment Management, Redi2 Revenue Manager, Redi2 Technologies, Seth Johnson, Dan Inamoto, Andrew Downs
It wasn't long ago that risk management implied VaR (value at risk) and ERM (enterprise risk management).
Mutual Fund Musts
Historically, compliance requirements for investment management companies have been driven by regulations.
Often, business leaders' goals compete with the technology group's priorities. To ensure that enterprisewide performance remains the No. 1 goal, the CIO must keep the lines of communication open and educate the business about technology alternatives.
Always Be Prepared
Data recovery sites are a major component of Wall Street firms' business continuity plans.
As holistic mandates such as Basel II and Sarbanes-Oxley rouse renewed focus on risk management, financial services firms are altering traditional structures and introducing new roles. JPMorgan leads the pack.
After centralizing its global reconciliations operations, RBC now plans to deploy SmartStream's TLM Reconciliations platform.
Lines of Communication
As firms attempt to speed up the legal search and retrieval process, unified messaging offers a logical answer. Or does it?
How Neutral Is Your OMS?
Broker neutrality is a phrase that providers of order management systems (OMSs) and execution management systems like to throw around to convey that customers are free to route orders to any broker or execution venue they choose.
OMS: Breaking Down Barriers
New order management systems that include enhanced trading and portfolio management functionality are reducing entry barriers to electronic trading.
Craving Cross-Asset Platforms?
Hedge funds are pushing the envelope into multi-asset trading, but will traditional buy-side asset managers follow suit?
In algorithmic trading, speed counts, and the fastest way to get to the market is to already be there.
Citi Hires Chief Software Architect
Jeremy Lehman, formerly head of technology for the investment management group at Thomson, joined Citigroup as chief software architect for global equity technology.
BAS Evaluates ETS Group
Banc of America Securities hired former Nasdaq corporate strategy senior executive Bill Harts as a consultant to assess the future direction of its Electronic Trading Services (ETS) group, according to a BAS spokeswoman.
The Back End of Algo Trading
Without the appropriate protocols and processing infrastructure in place, algorithmic trading can be challenging.
ITG to Acquire OMS Provider Macgregor
Eyeing the buy-side community's demand for tying electronic execution and cost-measurement tools into the rest of the portfolio management process, Investment Technology Group (ITG) announced plans to acquire Macgregor, a provider of buy-side trade order management systems (OMSs), for $230 million in cash.
Pivot Solutions, a Boston-based instant messaging and electronic trading network that was spun off from Eze Castle Integration, recently added algorithmic trading capabilities to its AOL IM front end.
CHX Seeks OrderRouting Partner
With every regional stock exchange gearing up for Reg NMS, the Chicago Stock Exchange (CHX) is looking at potential partnerships with technology companies and brokers that offer smart-order routing, according to Dave Herron, the exchange's CEO.
Daiwa Charts Neutral Course
Daiwa Securities America, a U.S. rendition of its Japan-based parent, prefers to model its business on Switzerland's ideology rather than that of either the United States or Japan.
A Note From The Editor
You may have read my editor's note in Wall Street & Technology last month in which I announced that I was leaving CMP Media.