Taking the Awe Out of Audits

E-MAIL COMPLIANCE

Ever since the US Securities Exchange Commission (SEC) slapped Deutsche Bank Securities, Goldman Sachs, Morgan Stanley, Salomon Smith Barney and US Bancorp Piper Jaffray with a collective $10 million fine for failing to maintain archived e-mail properly, the word "audit" has caused many Wall Street CTOs' hearts to skip a beat, except for Oleg Olovyannikov. As the CTO of Adirondack Electronic Markets (AEM), he and his team have implemented a new e-mail and trade data archival solution for this

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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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