09/02/2012
Technological problems have caused trading delays, bounced checks and other significant errors, the story explained.
08/21/2012
SunGard's integrated features, including pre-and post-trade analytics and portfolio analysis tools, will help drive efficiencies in transaction clearing and settlement, providing a cost-effective and competitive framework compared to alternative cl
08/20/2012
Dion Global Solutions is a software solutions and information research services provider for financial institutions across Asia Pacific, Europe, India South Asia, Americas and West Asia and Africa. Mahindra Satyam acquired about 15 per cent in Dion, earli
08/19/2012
As a business leader, Leukert said his job includes making sure he has the right people with the right skills in the right jobs, giving those employees guidance and directions, planning strategy with those workers and making technology decisions.
08/15/2012
Between 2011 and 2016, IT spending in North America will increase at a compound annual growth rate of 7 percent, with U.S. investment reaching $14.348 billion, according to Ovum forecasts.
08/14/2012
On August 1, the dormant system started multiplying stock trades by 1,000, according to Bloomberg. Knight’s staff looked through eight sets of software before determining what happened, it is claimed.
08/12/2012
The service, which is established in the US, includes business ‘health checks’, presentations from Pershing executives and external speakers, group discussions and information on new Pershing services.
08/07/2012
FactSet is the second firm to designate Instinet a Preferred Broker, joining Zelman & Associates. In addition, six independent research firms rely on Instinet for third-party marketing support through the Instinet Access™ program.
08/06/2012
Knight Capital, the US market maker that lost $440m (£282m) from a computer trading error, has been rescued by a clutch of Wall Street firms including private equity group Blackstone.