News & Commentary
Content posted in June 2001
Page 1 / 2   >   >>
Zoologic Releases New Risk Courses
News  |  6/29/2001  | 
Online learning provider continues to expand product offerings.
SolutionForge Enters U.S. Market With Microsoft
News  |  6/29/2001  | 
SolutionForge looks to increase the appeal of its FIX engine by partnering with Microsoft.
LPL Financial and Ferris Baker Watts Give High Marks to TheMuniCenter
News  |  6/29/2001  | 
Clients say TheMuniCenter is best site for online muni bond trading.
ELECTRONIC TRADING BRIEFS
News  |  6/29/2001  | 
The Pacific Exchange outsources its IT infrastructure to Sector; Warren Langley named the CEO of the Nasdaq/Liffe Futures Exchange; e-Pit systems and FinTrack Systems Corp.--a pair of vendors of Internet-driven trading systems--form a strategic alliance.
INVESTMENT TECH BRIEFS
News  |  6/29/2001  | 
JPMorgan announces the launch of Global Depository Reviews; Selkirk Financial Technologies Inc and WISDOM Technologies announced a strategic alliance; Financial Fusion, Inc. announces that Gartmore, one the five largest fund managers in the U.K., has licensed the Financial Fusion Server SWIFT libraries.
MARKET DATA BRIEFS
News  |  6/29/2001  | 
The FpML.org Standards Committee appoints Cygnifi's Solutions group to work on advancing the specification of the FpML Version 2.0 Working Draft release; CitiStreet signs on to Thomson Financial/Vestek's Vestek Select fund research program.
OPERATIONS BRIEFS
News  |  6/29/2001  | 
BISYS announces that Denis A. Bovin, Vice Chairman of Investment Banking and Senior Managing Director of Bear Stearns & Co., Inc., has joined its Board of Directors; Global Crossing Ltd completes its core network linking 27 countries and over 200 major cities around the world.
RISK MANAGEMENT BRIEFS
News  |  6/29/2001  | 
The Palisade Corporation releases the latest version of its @Risk Developer's Kit (RDK); BITA Plus launches its integrated portfolio analytic system, BITA5.
When Mission Critical Becomes Mission Impossible
News  |  6/27/2001  | 
Jeffrey A. Kohler of Reason, Inc., says companies facing the fact that wireless communications are a critical aspect of their success must also address the overwhelming reality of managing these wireless resources.
Derivatives and Straight-Through Processing
News  |  6/26/2001  | 
Patrick Tyne of onExchange, Inc., argues that, while the core qualities of STP can be extremely beneficial to complex derivatives instruments and their markets, the road to getting there is not an easy one.
FEA Releases Upgrade--Links to Bloomberg
News  |  6/20/2001  | 
Financial Engineering Associates (FEA) has released a new version of its MakeVC product used to generate volatility and correlation forecasts for risk analysis and portfolio management.
Wireless Alerts Reach Mobile Clients
News  |  6/20/2001  | 
Brokerage firms looking to compete against the likes of Fidelity Investments and Charles Schwab in providing mobile clients with access to information may want to take a look at 724 Solutions Inc.
June 2004...Are You Sure?
News  |  6/20/2001  | 
A few insiders are questioning whether the price tag associated with implementing T+1 initiatives is causing firms to put off the technological work it requires and, additionally, whether smaller firms have enough cash to make the changes at all.
SIA President Advises Preparation For Next "Upsurge"
News  |  6/20/2001  | 
The technology bubble did indeed burst in 2000--but the market will inevitably rebound and the securities industry must move quickly and efficiently to meet its IT challenges, says Marc Lackritz.
AMEX Replaces Tibco With Talarian
News  |  6/20/2001  | 
Challenged by its seemingly ever-increasing quote traffic, the American Stock Exchange has decided to install Talarian Corp.'s SmartSockets messaging middleware platform in place of its incumbent, Tibco Finance Technology-supplied messaging infrastructure.
Pictures, Sound, Action: E-learning Adds Flash to Wall Street
News  |  6/20/2001  | 
Learning how to use Reuters 3000 Xtra market data system or any other technology doesn't have to be boring.
Will Direct Access Trading Catch Traditional Institutions?
News  |  6/20/2001  | 
Direct access trading is taking aim at traditional trading institutions.
SIA Show Briefs
News  |  6/20/2001  | 
UNX upgrades its trading system; US Bancorp Piper Jaffray selects a pair of platforms from SunGard; Systeia Capital Management selects SunGard's Panorama; FAME releases new tool for detecting errors in time series data.
Advent Signs Heavyweights To Trusted Network
News  |  6/20/2001  | 
Advent Software, a developer of enterprise investment-management systems, has signed three additional account providers onto its Trusted Network, a system which seeks to empower financial advisors handling high net-worth clients by offering a pan-institutional view of their financial holdings and tax situation.
Avocent Touts Enhanced Flat Panel Technology
News  |  6/20/2001  | 
Featuring flat panel display (FPD) monitors equipped with keyboard-mouse (KBM) switching technology, Avocent Corp. will attempt to demonstrate the strengths of its trading floor solutions group at this year's SIA technology show.
MoneyLine Delivers Market Data Solution
News  |  6/20/2001  | 
MoneyLine, a provider of hosted Internet-based transactional services, real-time and historical content and applications to financial services firms is launching its latest market data product at this year's SIA technology show.
VistaSource Revamps Real-Time Data Tool
News  |  6/20/2001  | 
VistaSource, a provider of Web-enabled, real-time data and document-automation solutions, is launching an addition to its real-time data solution family.
WorldStreet Sweeps Clutter from Inboxes
News  |  6/20/2001  | 
WorldStreet Corp. is demonstrating Version 2.0 of Worldstreet.net, a peer-to-peer, distributed communications platform that draws on the power of package servers to help buy-side decision makers filter unwanted messages.
netDecide Extends Wealth Management to Mobile Devices
News  |  6/20/2001  | 
Financial-services institutions are less eager to roll out mobile trading devices these days, but they are interested in giving a mobile informational tool to financial advisors and their customers.
So Much To Do, So Little Time
News  |  6/18/2001  | 
The theme of this year's SIA Technology Management Conference & Exhibit: Connecting the DOTS--Delivering Exceptional Financial Services, is intended to reflect the idea that although many Internet companies have become irrelevant, the Internet, and leveraging it effectively, is still paramount to a firm's success.
SunGard Launches Order Routing Network, Eyes Overseas Markets
News  |  6/18/2001  | 
Through the release of new products and the enhancement of existing ones, SunGard Trading Systems/Brass--the largest order management system vendor in the Nasdaq market--is attempting to significantly expand its order-routing reach.
ADP's OMR Systems to Release Enhanced Trading Assistant
News  |  6/18/2001  | 
ADP's Brokerage Services Group will be offering an enhanced version of Trading Assistant, a treasury trading solution the company garnered during its 1999 acquisition of OMR systems, after spending the past year overhauling that system's technology architecture to make it more customizable and Web-ready.
Sun Shines STP On Omgeo
News  |  6/18/2001  | 
Sun's main focus at this year's SIA technology show will be straight-through processing "next generation solutions" for financial services firms.
Autex Targets Service at Fixed Income; Have You Heard the Buzz?
News  |  6/18/2001  | 
Autex, the dominant provider of indications of interest in equities used by sell-side traders to communicate with buy-side institutions, plans to apply the same concepts to help improve the workflow of participants in the fixed-income markets.
Chairman of SIA Committee Updates Members
News  |  6/18/2001  | 
The chairman of the SIA's Technology Management Committee will address the conference today to update member firms and attendees on the group's projects and activities.
Multex.com Unveils XML-Based API
News  |  6/18/2001  | 
Multex.com has come to this year's SIA technology show intent on demonstrating that it offers a lot more than just a broad range of research on stocks.
The Economy May Be Slowing, But Retaining a Quality Tech Department is Always Key
News  |  6/18/2001  | 
Career Survey: Pink slips may be flying, but no one can risk loosing quality tech employees. Here's a look at how to retain those who keep your firm up and running.
A Fixed-Income Protocol Takes Center Stage
News  |  6/18/2001  | 
An industry group that's been working to extend the FIX protocol to meet the requirements of fixed-income securities must contend with a new standards-building initiative. The Bond Market Association has asked TradeWeb and Jordan and Jordan to accelerate the process and now uncertainty reigns as to which standard will emerge.
The CIO Elite Survey: Models For Success
News  |  6/18/2001  | 
Who are the top CIOs in the securities and investment arena and how did they get to where they are today? Read on as the creme de la creme discuss their major challenges, career paths and what their future holds.
XBRL To Make Life Easier For Analysts
News  |  6/15/2001  | 
Portfolio managers and financial analysts may want to keep an eye on XBRL.org as that entity works to develop an easier way to evaluate corporate documents.
FinancialCad Launches Fincad.net
News  |  6/15/2001  | 
New online service leverages Microsoft's .NET platform to manage financial instruments.
Merrill Lynch and GTT Sign Global Fixed-Income Distribution Agreement
News  |  6/15/2001  | 
Merrill Lynch agrees to distribute its bond inventory via Global Trade Technologies--an order management vendor.
OPERATIONS BRIEFS
News  |  6/15/2001  | 
Investec Ernst & Company commences live operational processing on the Gloss STP Bureau outsourcing solution from Wilco International; SWIFT shareholders approve new category of participant to enable financial institutions to provide hub-and-spoke messaging to corporate customers within closed user groups; Board of GSTP AG unanimously agrees on a pricing structure with up-front costs and no membership charges.
MARKET DATA BRIEFS
News  |  6/15/2001  | 
Bloomberg expands UK site coverage; Reuters Consulting and Capco create alliance to build solutions for financial institutions; The Financial Information Services Division of the Software Information Industry Association to hold June meeting at Reuters' new office.
RISK MANAGEMENT BRIEFS
News  |  6/15/2001  | 
SunGard Trading and Risk partners with Derivatives Solutions, Inc.; Zoologic adds introductory credit risk and derivatives; ABN AMRO teams with NextLinx to combine global trade risk management and financing with regulatory trade e-commerce content; Ethan Klemperer joins eRisk as vice-president of strategic planning.
BUY-SIDE BRIEFS
News  |  6/15/2001  | 
Reuters officially launches fund management spin-off; WorldStreet says it's developing line of viewing products for financial documents, based on XML; FinPortfolio prepares to launch client management suite.
ELECTRONIC TRADING BRIEFS
News  |  6/15/2001  | 
Instinet appoints three new directors; London Metal Exchange names Simon Heale new CEO; SEC's summary letter of Nasdaq's application for exchange status is published in the Federal Register; TradeStation Group schedules June 27 launch of TradeStation Platform.
Taking Some of the Guesswork out of Evaluating E-business Providers
News  |  6/11/2001  | 
George Szymkiewicz, Founder, Desktop Innovations, offers advice on evaluating e-business providers.
Product Spotlight FMC Introduces a Web-based Portfolio Management tool for High-Net-Worth Arena
News  |  6/11/2001  | 
FMC unveils a Web management tool for HNW individuals.
Page 1 / 2   >   >>


Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - Elite 8
The in-depth profiles of this year's Elite 8 honorees focus on leadership, talent recruitment, big data, analytics, mobile, and more.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.