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FRONT PAGE: BREAKING NEWS

Portware, IBM Partner

IBM and Random Walk Computing are working with Portware to bring one-stop shopping to securities firms, officials from the three vendors tell DWT. Portware and Big Blue have signed a joint marketing and sales agreement whereby IBM will offer Portware's Strategy Server, the black box engine for its product lines, for the IBM System p 510 hardware servers, says Al Bunshaft, vice president of Infrastructure Solutions at IBM. Initially, the Strategy Server software will be

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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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