What Are BankBoston And Concept Five Up To?

INTERNET & INTRANET

BankBoston (BKB) is in the midst of what appears to be a hush-hush project with McLean, Va.-based Concept Five Technologies to develop a World Wide Web-based spot foreign exchange transaction and real-time price delivery service.

News of the project has emerged in the wake of an earlier report in this newsletter that BKB had scheduled a pilot test of another Web-based forex trading system with three corporate customers (TST, April 29). The pilot--which would have involved such technologies as

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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