Completely Redundant
From the moment it was proposed, there were skeptics. People wondered why the New York Board of Trade-the former NY Coffee, Sugar and Cocoa Exchange-needed…
Contingency Plans in the Spotlight
Three experts discuss the increased importance of broad-based planning The Sept. 11 attacks demonstrated clearly-and tragically-that disaster-recovery planning is not a luxury, but a necessity…
Radianz, Global Crossing Find Redundancy Pays
Disaster planning paid off for Wall Street’s financial networks in the aftermath of the World Trade Center disaster. With redundant systems and quick response procedures,…
Napster-Like Peer-to-Peer Systems Spread
The courts may have brought Napster to its virtual knees, but other peer-to-peer applications are still alive and kicking-and not just in the music business.…
Web Services
Web services are applications that use a universal language to send data and instructions to one another, with no translation required.
Tech Companies Rush to Help Clients Recover
The rescue effort at ground zero of the World Trade Center disaster has justifiably been the focus of the nation’s attention these past two weeks.…
Wall Street Firms Look Externally for Web Security
The Code Red worm didn’t do as much harm as expected during its infestation earlier this summer. Although it’s estimated to have cost businesses $1.2…
Building Portals Doesn’t Ensure Customers Will Come
Last year, single-dealer portals, such as Merrill Lynch’s MLX, were seen by major broker-dealers as a way to reduce costs, increase customer satisfaction, and reach…
Post-merger LabMorgan combined e-com unit still in the hunt for innovative technologies
Before completing their high-profile merger just after the first of the year, both Chase Manhattan Corp. and J.P. Morgan & Co. responded to the growing…
Web Services on the real-time internet
The U.S. government may be trying to break up Microsoft’s monopoly through lawsuits, but the real battle over the company’s future is being fought on…
Microsoft gears up to battle java on Wall Street
The World Wide Web didn’t make Windows obsolete and Microsoft won the browser wars-just in time for the next battle, the war over Web services.…
Reaction Mixed as SuperSoes Rolls Out
The SuperSoes trade execution system, which Nasdaq is attempting to roll out for the third time this week-two prior attempts, last July and in January,…
Video Connection Spreading Across Traders’ Desks
Videoconferencing has long been a staple of science fiction, but has taken longer to catch on in the real world than anyone expected. It was…
Peer-to-Peer Appeal for Distributed Computing Efforts
While peer-to-peer systems like Napster are the tech topic of the moment, a close cousin-peer-to-peer distributed computing-has actually shown itself to be more useful. P2P…
Tips for that job hunt
When jobs are more scare, you might have to change your expectations According to Gary Green, looking for a new job has been harder than…
The Bottom Line
Layoffs in the Newspaper Industry What’s ahead in the job market? As the U.S. economy slows down, journalists find their work – and sometimes their…
Tech revolutionizes Russia’s Central Bank
As recently as a decade ago, the Russian banking sector was an antique monstrosity, a huge system of paper-based transactions inherited from the former Soviet…
Making Digital History: Election 2000
As online news sites were recording history this election, they were also making it. Record numbers of people went online for news, marking the first…
Out-of-bounds perks?
When you go out on a limb in asking for new job benefits, it helps if you know just how far is too far
TV Tower Fire Sparks Net Use in Russia
When a broadcast tower fire threw several Moscow TV stations off the air last week, many would-be TV viewers turned to the Internet. In some…
Visa issues 10 ‘commandments’ for online merchants
In an attempt to reduce online credit-card fraud, Visa U.S.A. in San Francisco announced 10 “commandments” for online merchants to guard its cardholders’ information. And,…
Fake bank Web sites trick consumers into giving up personal data
A hacker doesn’t have to break into a bank’s computer to steal account numbers and access codes. It may be enough to set up a…
Structured Financing
Structured financing is a way of borrowing money against an asset or a projected asset without consideration of the creditworthiness of the borrower.
J. P. Morgan IT Exec Loosens Grip on Services
Will turn over firm’s back-office operations to Bank of New York
Larger banks have edge in electronic CRM, report says
Larger financial institutions have an edge over small and nimble Internet upstarts in electronic customer relationship management (CRM), according to a new report released by…
Lloyds Bank to Spend $24 Million on CRM
Lloyds TSB Group PLC has said it will spend $24 million on a customer relationship management (CRM) system designed to integrate customer information from all…
Tightening the Seams
The future is multimedia, and journalists are quickly learning to tailor their work for different mediums Late last year, Chicago Tribune reporter William Gaines got…
The Web Factor
The Internet is changing the playing field for both ad agencies and their clients White the Pioneer Valley still lags behind other areas of the…
Perot attacks campaign finances
DETROIT, Nov. 2 — Reform Party presidential candidate Ross Perot continued to hammer away at campaign finances Saturday, accusing both major party candidates of selling…