The Sins of the Few
The equity research model is not only broken, it is destroyed. In trying to clean up the research process, we have thrown out the baby with the bath water.
Noll New Pioneer CIO
Pioneer Investment Management USA hired Peter Noll as SVP and CTO. He will report to EVP and COO Mark Goodwin.
Back Joins Citigroup GTS
Ken Back has joined Citigroup Global Transaction Services as managing director of strategic solutions for the Europe, Middle East and Africa region (EMEA).
Impact’s Retirement Road Map
Impact Technologies Group (Charlotte, N.C.) launched its Retirement Road Map sales system, which assists financial advisers in retirement planning for baby boomers.
BPG Goes To the OPERA
Basis Point Group (BPG) introduced the Operation Performance Evaluation and Risk Assessment (OPERA) methodology, a quantitative approach to operational improvements that extends the company's financial services market benchmarking framework, according to the firm.
Merrill Lynch (New York) unveiled a new fixed-income analytics and data tool, MLXport, which currently is available to select institutional clients as a download.
BPM: It’s All About Efficiency
No financial services firm has yet developed a silver bullet for the competitive challenges looming in this highly competitive industry.
On-Demand Is in Demand
On-demand computing offers Wall Street firms more-efficient utilization of technology resources and added flexibility.
CIO Challenge: Business Process Outsourcing
As Wall Street firms reevaluate their core competencies, once-strategic business processes are now being outsourced. But deciding which processes to outsource and managing the provider relationship remain critical to success.
Credit Derivatives Fears
Both the Federal Reserve Bank of New York and the U.K.'s FSA are pressuring market participants to improve credit derivatives processing.
Transition Management Evolves
Global custodians and index fund managers are using electronic trading and risk measurement tools to compete with the sell side.
Broker-dealer Raymond James Financial Services did what few other firms have done: fight SEC allegations - and win.
Direct From the Source
Brokerage firm eSpeed Equities taps direct ECN order book data feeds through a hosted solution.
Workstation Vendor Ratings
When it comes to broker workstations, Boston-based Aite Group reports a highly competitive market in which both small and large vendors are scrambling to meet the changing needs of the financial adviser workforce, with a focus on compliance, control, commissions, customers and competition.
Single-factor authentication is insufficient for online financial services, according to the Federal Financial Institutions Examination Council (FFIEC).
The future of financial markets communications will be shared networks, according to a new report from TABB Group.
Crossing Networks Attract New Entrants
With all the buzz around crossing networks as a means of searching for hidden liquidity, two new contenders are eyeing the space dominated by Liquidnet, POSIT and Pipeline Trading Systems.
The Data Integration Challenge
Data integration remains a major challenge for corporations, according to a recent report by The Data Warehousing Institute (TDWI) that evaluates the progress of data integration strategies and the IT challenges associated with implementation.
Rising Equity Stakes
Despite stock market declines in recent years, institutional investors increased their equity ownership in U.S. markets.
During the bearish economy after the dot-com bubble burst, information technologists were faced with a grim job market - jobs were hard to find, partially as a result of offshore outsourcing, and the ones that were available paid significantly less than jobs at the height of the boom.
Merrill Lynch Embraces SOA
The financial services firm is partnering with SOA Software and IBM Global Services to build a service-oriented architecture.