News & Commentary
Content posted in April 2005
Data Managers Take Holistic View
News  |  4/28/2005  | 
Buy and sell-side firms with reference data projects say the role of the data manager is becoming more holistic, and the data manager must understand the front office.
CIBC World Markets Private Labels BAS’s Algorithms
News  |  4/28/2005  | 
CIBC World Markets is tapping into Banc of America Securities as a technology provider for algorithmic trading and direct market access.
Electronic Trading Newsflashes: HSBC Hires Doscas From Lehman Brothers, and more
News  |  4/27/2005  | 
HSBC Hires Doscas From Lehman Brothers, Cameron Systems Strikes Reseller Agreement With XTrades, ComStock Hires Kirlin to Steer XpressFeed, SunGard Beefs Up Fame ETF Data
Investment Management Newsflashes: Janney Launches UMA Program With Placemark as Overlay Manager, and more
News  |  4/27/2005  | 
Janney Launches UMA Program With Placemark as Overlay Manager, Satyam Acquires Citisoft, MVP Plan Administrators Select ICC Plan Solutions
Plugging Into Utility Computing
Commentary  |  4/27/2005  | 
Plugging a monitor and keyboard into the wall and having not only a rich user interface but unlimited power at your fingertips is a wonderful concept.
Shifting Gears: Paul Roye Leaves the SEC, and more
News  |  4/27/2005  | 
Paul Roye Leaves the SEC; CTA Elects Chairman; Levin Heads TowerGroup EMEA; Keeping Tabs
/it-channel
News  |  4/27/2005  | 
Automated Web-Based Reports; Pooling Ideas; Recording VoIP Calls
Embracing Compliance
News  |  4/27/2005  | 
In his first law of motion, Sir Isaac Newton stated that, "Every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it."
CIO Challenge: Two-Factor Authentication
News  |  4/27/2005  | 
The rising incidence of account hijacking and identity theft has created a challenge for financial organizations that want to secure their data, but still allow clients and staff to conduct transactions online. Two-factor authentication may provide a solution.
Learning to Communicate
News  |  4/26/2005  | 
A customer relationship management tool can help seal a deal, but getting employees to embrace the technology is key to success.
Broker Research: What’s It Worth?
News  |  4/26/2005  | 
As the SEC reviews the use of soft dollars and bundled commissions, asset managers are looking to technology to track commission payments and rank their brokers. But putting a price tag on broker research is proving elusive.
The Domino Effect
News  |  4/26/2005  | 
A more aggressive SEC has shaped the way Nasdaq stores and retrieves electronic documents.
Canadian Boutique Goes Online
News  |  4/26/2005  | 
Sectoral Asset Management pursues straight-through processing with FMC Web-based solutions.
Mondrian Taps Macgregor
News  |  4/25/2005  | 
Asset management firm will outsource part of its IT infrastructure by leveraging vendor's post-trade services.
Operations Newsflashes: S&P Launches New Issues Service On the Web, and more
News  |  4/25/2005  | 
S&P Launches New Issues Service On the Web, Kenamea to Provide Legent Clearing With 'Alerts Center'
News  |  4/25/2005  | 
The Fate of ITS
News  |  4/25/2005  | 
Following the SEC's passage of Reg NMS, the industry ponders the future of the Intermarket Trading System.
Dear CIO...
News  |  4/25/2005  | 
Jonathan Beyman is chief of operations and technology at Lehman Brothers, as well as an executive vice president.
NYSE May Face Complications In Bid For Archipelago
News  |  4/25/2005  | 
Former NYSE director reportedly calls meeting to discuss possibility of acquiring the New York Stock Exchange.
Tech Professionals: An Endangered Species?
News  |  4/25/2005  | 
IT is in danger of extinction, says Lior Arussy, founder and president of the New Jersey-based consultancy Strativity Group, in his new book, Innovating IT: Transforming IT From Cost Crunchers to Growth Drivers.
NYSE And Nasdaq Power Up Electronic Trading
News  |  4/22/2005  | 
Both exchanges are buying key competitors to get hold of high-speed tech platforms
IT Security a Top Budget Priority
News  |  4/22/2005  | 
T security is a major risk concern at financial services institutions. According to a November survey by Bloomington, Minn.-based
Capital Markets: Top 10 Strategic Initiatives for 2005
News  |  4/22/2005  | 
According to Framingham, Mass.-based Financial Insights, the following 10 strategic initiatives will drive technology spending in the capital markets in 2005.
Catalyst for Change
News  |  4/22/2005  | 
As WS&T went to press, the SEC approved Reg NMS - a regulation that will transform the markets from a system centered around the NYSE as an auction market to one that is more in-line with the fast pace of technology in the world at large.
Compliance Newsflashes: Erste Bank Group Selects Norkom to Combat Financial Crime, and more
News  |  4/22/2005  | 
Compliance Newsflashes: Erste Bank Group Selects Norkom to Combat Financial Crime, Nedbank Deploys Searchspace's Anti-Money Laundering Solution
Mon, 08 Oct 2007 15:15:21 -0500
News  |  4/21/2005  | 
Citadel loses managing director David Hirschfeld to its data services vendor, Asset Control.
Electronic Trading Newsflashes: TransactTools Pushes QuickFIX Open Source Project, and more
News  |  4/21/2005  | 
TransactTools Pushes QuickFIX Open Source Project, Nexa Technologies Connects to Montreal Exchange's FIX Interface, Marshall Wace Chooses FlexTrader and FlexTQM, CME FX on Reuters Adds Four Clearing Firms
New York Stock Exchange Merging With All-Electronic Upstart Archipelago
News  |  4/20/2005  | 
The electronic exchange offers a "high-speed, low-cost" technology platform that will help NYSE reach into new markets and compete globally, NYSE's CEO says.
Investment Management Newsflashes: Salient Partners and Pinnacle Trust Select Innovest Systems, and more
News  |  4/19/2005  | 
Salient Partners and Pinnacle Trust Select Innovest Systems, Fort Washington Investment Advisors Selects Eagle Investment Systems for Portfolio Management
Operations Briefs: UBS Securities Automates Exception Processing with ADP Workflow, and more
News  |  4/19/2005  | 
UBS Securities Automates Exception Processing with ADP Workflow, BBH Infomediary Expands Messaging and Integration Services With Radianz
Reuters IM Worm Attack Seen As ’Wake-Up Call’
News  |  4/15/2005  | 
Reuters' instant messaging service, purposefully taken offline by the U.K.-based firm Thursday in a last-ditch effort to stymie a fast-spreading IM worm, was back in operation early Friday morning.
S&P Division Reinforces Application Security
News  |  4/15/2005  | 
Capital IQ uses software from NT Objectives to secure complex applications 20% faster than before and reduce worker hours
Compliance Newsflashes: AXS-One Releases Enterprise Financials Version 9.0 - Compliance Edition, and more
News  |  4/15/2005  | 
AXS-One Releases Enterprise Financials Version 9.0-Compliance Edition, Richard Steinberg Speaks on Compliance and Risk at Regulatory Compliance Seminar Series, Algorithmics Unveils Algo Suite 4.5 for Basel II
HSBC Securities (USA) Hires Leman from SunGard
News  |  4/15/2005  | 
James Leman was hired by HSBC Securities (USA) Inc. to strengthen its electronic trading business in the United States.
Investment Management Newsflashes: First National Wealth Management Selects INDATA I.M.S. for Trade Order Management, and more
News  |  4/14/2005  | 
First National Wealth Management Selects INDATA I.M.S. for Trade Order Management, SEC Names Meyer Eisenberg Acting Director of Division of Investment Management, Princor Financial Services Selects Albridge Solutions for Web-Based Portfolio Accounting and Performance Reporting
Electronic Trading Newsflashes: Bookbinder to Depart eSpeed as Head of Sales, and more
News  |  4/14/2005  | 
Bookbinder to Depart eSpeed as Head of Sales, ComStock Releases XpressFeed Adaptor for RMDS, Archipelago Exchange Plans to Open Earlier, Thailand Futures Exchange Signs Agreement With OMX Technology
How Will the SEC Rule on Soft Dollars?
News  |  4/14/2005  | 
With a decision on the use of soft dollars imminent, the industry ponders how the SEC will rule.
Worth the Effort?
News  |  4/14/2005  | 
SEC Roundtable Assesses Round One of SOX Section 404 Reports
Operations Briefs: Singapore Exchange Plans to Distribute Corporate Actions Data Via Swift, and more
News  |  4/12/2005  | 
Singapore Exchange Plans to Distribute Corporate Actions Data Via Swift, FSSCC Outlines Agenda for 2005
Compliance Newsflashes: SEC Ruling Allows Broker-Dealers to Continue to Offer Fee-Based Accounts, and more
News  |  4/12/2005  | 
SEC Ruling Allows Broker-Dealers to Continue to Offer Fee-Based Accounts, Procera Networks Launches OptimIP Compliance Executive, Application Security Offers Best Practices Policies for SOX Compliance
Investment Management Newsflashes
News  |  4/7/2005  | 
Portfolio Director Offers Enhanced Client Billing; Vontobel Asset Management Selects Citigroup for Separately Managed Accounts Servicing Platform
The SEC Passes Reg NMS
News  |  4/7/2005  | 
In a divided vote, the SEC passed Reg NMS, ushering in a new and improved trade-through rule that will make best price and fast quotations a requirement for U.S. equities trading.
Electronic Trading Newsflashes: COESfx Adds Thomson Financial’s IFR Market News, and more
News  |  4/6/2005  | 
COESfx Adds Thomson Financial's IFR Market News, Citadel Derivatives Group Joins PHLX to Trade Options via Remote Streaming Quotes, Algorithm Trading Solutions Unveils Tracer for VWAP Trading, JPMorgan Investment Bank Developing Applications With Solaris 10
Operations newsflashes: Advest Names Wellington Head of Operations and Technology, and more
News  |  4/5/2005  | 
Advest Names Wellington Head of Operations and Technology; Financial Community to Participate in Counterterrorism Exercise
Wall Street Undervalues Some Service Providers
News  |  4/1/2005  | 
A planned $11.3 billion buyout of SunGard Data Systems Inc. by a group of private investors shows that the stock market is undervaluing vendors of IT and business-process-outsourcing services that have steady, recurring revenue and strong cash flows, Merrill Lynch said in a report last week.
Compliance Newsflashes: Paisley Consulting and Smartpros Launch E-learning Center for Audit and Control Professionals, and more
News  |  4/1/2005  | 
Paisley Consulting and Smartpros Launch E-learning Center for Audit and Control Professionals, iLumin Releases Assentor Upgrade for Enhanced E-Mail Management


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