Tech
Jake Thomases: Blissfully Ignorant
At a meeting of the Secret Science Club, Jake stumbled across one very smart man who celebrates when he doesn’t have the answers. Wall Street, on the other hand, is full of very smart people who get paid for nothing but answers. Academia never seemed so…
South Africa: Bigger, Better, Faster?
The Johannesburg Stock Exchange is moving its trading engine from London to South Africa in July, with the aim of increasing its matching speeds, and by so doing, enhancing the overall trading experience it provides its clients. Steve Dew-Jones talks to…
Well-Suited: Steve Ellis Merges Wells Fargo, Wachovia IT
People think of bankers and technologists as being a bit square. Steve Ellis broke the mold, then set the pieces on fire. Wells Fargo took a chance on him, and is now reaping the rewards. By Jake Thomases with photos by Amy Fletcher
Hedge Funds Sharpen Focus on Collateral Management Tools
From equity finance add-ons to collateral transformation, hedge funds are scrutinizing their broker relationships and collateral allocation more than ever. Tim Bourgaize Murray explores how funds, seeking to mitigate operational risk, are warming to…
DTCC Taps LaFleur for Government Relations Role in Asia
The former ambassador to Malaysia was most recently head of government relations and corporate responsibility at JPMorgan's Japan office.
Instinet's Newport EMS Gets Derivatives Upgrades
Version 3.13 will feature ETF spreads and smart order routing and legging algorithms, among other enhancements.
Big Data: Right Here, Right Now
Much has already been published in Waters and sibling publications Inside Market Data and Inside Reference Data, about Big Data and the challenges it presents financial services end-users and technologists. And while these challenges should not be…
Cloud Computing: Defying Definition
Cloud-based services, depending on one’s definition of the cloud, have been knocking around the financial services industry for more than a decade. And, given the maturity and pervasiveness of certain cloud platforms, large numbers of users are utilizing…
Big Brother Is Watching: Compliance Envelops the Business
As regulatory reform and an enhanced level of scrutiny falls on practices within investment banks, compliance departments are finding themselves increasingly involved with all areas of a business. In this era of a more proactive approach to oversight,…
June 2012: Terrifying Stuff
Victor says that despite reservations about cloud-based technologies, they will ultimately surpass their in-house counterparts.
Panel: Desktop Isn't Dead
A group of vendors defended the traditional user interface and revealed a pivot to Asia during the FIA conference.
SEC Modifies 'Flash Crash' Circuit Breaker Rules
Revisions to limit-up–limit-down and circuit breaker parameters will simplify but intensify requirements for exchanges and other trading venues.
Nasdaq OMX Gives Members Access to Oslo Børs Listings
The exchange's Nordic arm is expanding on a plan it started in 2009.
Alpes Chooses Ullink for Order Management
The Brazilian brokerage will have direct market access to BM&FBovespa.
Fox River Upgrades US Equity Algo
The algo will help traders to reduce risk by removing manual processes.
Roithmeier Joins Panopticon for EMEA Duties
He will work with Panopticon's EMEA client base.
Outsourcing and Cloud Are NOT the Same Thing
Anthony worries that when the regulators come calling, they may start mixing together the strategy of outsourcing with the tool of cloud technology.
The Year of 'Co-Sourcing'? Apollo Global Management Links with Gravitas
The expansive services agreement, three years in the making, will feature integrated staffing from credit research functions to data warehousing.
Predators in the Pool: How Dark Pools Tackle HFT
Judgments about whether a dark pool is safe from predatory trading behavior will determine how often that pool is visited. Jake Thomases discovers that, although it is easy for operators to monitor their pool, it’s the philosophies behind filtration that…
Turaz to Merge with Misys
Vista Equity Partners completes acquisition of IT company.
All Change, Please, All Change
Musical chairs abounds at the top of major sell-side institutions.
Ackermann Departs Deutsche
Hands over reins to Jain and Fitschen.
Stanley Young Resigns from NYSE Technologies, Joins Bloomberg [UPDATED]
Young's sudden departure comes at a time of big changes at NYSE Technologies.
Citi Expands Fund of Hedge Funds Offering
Citi is rolling these enhancements out in response to the increased prevalence of investor level gates.