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SCROLLING NEWS

Stop Press. As IMD was put to bed, news emerged that ADP has consolidated the Brokerage Processing Services (BPS) and Financial Information Services (FIS) units of its Brokerage Information Services Group. The new entity -- dubbed the Information and Processing Services division -- will be headed up by Ralph Koehrer, former president of FIS. Reporting to Koehrer will be Carl Ingrassia, who will head up sales, account management and client support for the retail accounts area. Vince Coppola, who

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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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