News & Commentary
Content posted in August 1999
BSTW NewsBriefs, Week of Aug. 23, 1999
News  |  8/23/1999  | 
TRADE ORDER MANAGEMENT
Editor's Report
News  |  8/20/1999  | 
Financial Services Firms Take Aim at Customers
News  |  8/20/1999  | 
Wall Street is hopping on a new trend -- investing in software that gather customer information in order to better target sales.
CME Eyes Release of Wireless Cubs, Rolls Out Galax-C Handheld
News  |  8/20/1999  | 
Chicago Mercantile Exchange pushes further into the realm of electronic trading.
AutEx to Send Orders to NYSE Floor
News  |  8/20/1999  | 
AutEx clients can now electrnically send orders directly to the floor of the New York Stock Exchange.
CyberCorp to Integrate DTN’s Market Data
News  |  8/20/1999  | 
New deal allows CyberCorp to integrate DTN's Market Data
RAROC on the Rise
News  |  8/20/1999  | 
More firms are analyzing revenue in relation to risk by using RAROC calculations designed in house.
Bankers Trust IT Heads Exit in Deutsche Bank Integration
News  |  8/20/1999  | 
The merger of Bankers Trust New York Corp. into Deutsche Bank A.G. shakes up ranks of Chief IT Officers.
Putnam Makes for Smooth Operations with Replic-Action
News  |  8/20/1999  | 
Putnam opts for Casahl Technology's servers to enable employees to share information located in disparate databases worldwide.
The Street.com Sells Itself to the Street
News  |  8/20/1999  | 
TheStreet.com launches a new television show on the Fox News Channel to bolster the brand and drive traffic to the online news service's Web site.
Can Merrill Overcome its Legacy?
News  |  8/20/1999  | 
Merrill Lynch attempts to market its existing online trading technology for the Web.
MKI Reportedly Gives C*ATS Marketing Team the Axe
News  |  8/20/1999  | 
MKI merger results in the dismissal of C*ATS marketing team.
Brightware Puts the Customer First with Knowledge Packs
News  |  8/20/1999  | 
Brightware, Inc. has launches a tool to offer the financial services industry e-mail relief.
Vialog Introduces Online Conference Planning
News  |  8/20/1999  | 
Webconferencing.com, allows clients to schedule, organize and pay for meeting services via the Internet.
U.K. Vendor Launches Rapid Application Software in U.S.
News  |  8/20/1999  | 
Raft International introduces a new platform for component-based rapid application development.
E*Trade and Telebanc: A Match Made in Heaven?
News  |  8/20/1999  | 
As e-brokerages consider teaming up with online banks, many wonder how they will reconcile their business models.
NYSE, NASD Launch Discussion Groups as After-Hours Trading Nears
News  |  8/20/1999  | 
NYSE, NASD form working groups to address concerns being voiced by a wide range of stock market participants.
New ECN Could Pose Threat to Existing ECN Arena
News  |  8/20/1999  | 
Fidelity, Schwab, DLJ and Spear Leeds are getting in on the ECN action.
Nomura Adds Asset Management Application to New Extranet
News  |  8/20/1999  | 
Nomura introduces its extranet with a three tiered security system; hackers beware.
Asahi Rolls Out FNX
News  |  8/20/1999  | 
Financial services firms are changing their strategy, opting for single system architecture over "best of the breed" when it comes to risk and trading systems.
Open Outcry On the Outs in Chicago?
News  |  8/20/1999  | 
The Chicago exchanges discuss the eradication of the open outcry trading.
Gulfstream Licenses Triple Point's TANGO System
News  |  8/13/1999  | 
Houston, Texas-based Gulfstream Trading Limited has licensed Triple Point Technologies' TANGO oil trading business system.
IN BRIEF
News  |  8/13/1999  | 
With reports from the National Association of Securities Dealers, Direct Stock Market, Wit Capital, Investment Technology Group.
Discover and Aether Ally to Release Wireless Trading App
News  |  8/13/1999  | 
Discover Brokerage, Morgan Stanley Dean Witter's online discount brokerage arm, has teamed up with Owings Mills, Md.-based Aether Technologies to launch TradeRunner--a wireless trading application.
BONY, Brown Brothers Choose Charles River for Compliance
News  |  8/13/1999  | 
Brown Brothers is currently testing and writing the compliance rules for the system, and expects to go live sometime in September or October.
BSTW NewsBriefs, Week of Aug. 16, 1999
News  |  8/13/1999  | 
STP IMPLEMENTATIONThe Marco Consulting Group, a Chicago-based investment consulting firm, has chosen to implement Financial Models Company's (FMC) suite of portfolio management software. Marco, looking to streamline its front- to back-office processes, will rely on FMC products for portfolio accounting, electronic trade communication and settlement, automated reconciliation, performance measurement and attribution, client statement generation and pricing and corporate action data. The firm, whic
Dreyfus Introduces Wireless Trading at Internet Prices
News  |  8/6/1999  | 
Beverly Hills, Calif.-based Dreyfus Brokerage Services is offering wireless handheld trading capabilities at no additional service charge to its clients.
American Century Relies on Tivoli as It Moves to the Web
News  |  8/6/1999  | 
In its push to offer more information and services to its clients over the Internet, American Century Investments is implementing a host of Tivoli Systems' IT Management tools.
IN BRIEF
News  |  8/6/1999  | 
With reports from The Paris Bourse, The Chicago Mercantile Exchange, Sumitomo Electric Industries Japan and Security First Technologies.
BGI, MLMAM Spearhead E-Crossnet
News  |  8/6/1999  | 
E-Crossnet will cover equities in all of the countries belonging to the European Monetary Union, as well as British stocks.
BGI, MLMAM Spearhead E-Crossnet
News  |  8/6/1999  | 
E-Crossnet will cover equities in all of the countries belonging to the European Monetary Union, as well as British stocks.


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