Is It Safe In The Clouds?
Earlier this month, a hacker reportedly exploited a vulnerability in an Internet-based virtualization software platform that took down more than […]
Category: Securities Industry News
How Not To Get Stuck In The Clouds
The promise of cloud computing is that a company can easily scale applications up or down, or move them from […]
GigaSpaces, Solace Team to Reduce Long-Distance Latency
As packets of information travel from, say, New York to Tokyo and London, a company can lose money because the data reaches its offices at different times. That, say GigaSpaces Technologies and Solace Systems, is the problem they are seeking to address with jointly developed messaging technology. The product, which is designed to speed up […]
Where to Spend in a Time of Crisis
Technology providers that cater to buy-side firms are knocking on doors in an industry that has seen widespread losses and […]
Where to Spend in a Time of Crisis
Technology providers that cater to buy-side firms are knocking on doors in an industry that has seen widespread losses and sharp reductions in assets under management, as well as mergers, bankruptcies and outright frauds. According to Hedge Fund Research president Kenneth Heinz, 2008 was the worst year on record, with losses averaging 18.3 percent. Research […]
Wall Street Slow to Warm to Windows Vista
Even before the credit crisis hit, adoption of Microsoft Corp.’s oft-criticized Windows Vista operating system was slow on Wall Street. And with IT budgets tightening across the financial services industry, many firms are not rushing to make the switch. For many it is not just about the money–there are concerns about Vista’s performance when it […]
Standards Are Standing in Way of External SOA
The promise of service-oriented architecture (SOA) is a world where everything interoperates seamlessly, pieces of applications are reused endlessly and […]
Are Firms Ready for Twitter?
New channels of electronic communication have been a boon to many industries, opening up sales and marketing opportunities, helping improve […]
Nasdaq Lends Ukrainian Market Helping Hand
Suffering from a lack of liquidity and poor securities processing, Ukraine is hoping that Nasdaq OMX Group can provide some […]
Wall Street Expanding Virtual Horizons
Virtualization, in one form or another, has been around almost as long as computers. When the term arose in the […]
Software as a Service as a Security Battleground
Salesforce.com reached a milestone last fall: 1 million people using the online software company to host their customer relationship management […]
Server Virtualization: Powerful Tool, Extra Exposure
Dividing a server into multiple virtual machines has brought down firms’ purchasing costs and allowed for more efficient use of […]
Pre-trade Compliance: Better, Cheaper, Faster
Firms answer regulatory, investor demands with added controls and third-party systems At the heart of Societe Generale’s recent EUR4.82 billion […]
The Web 2.0 Threat
Leading-edge collaborative tools and interactive sites pose monitoring burden As the Web 2.0 movement makes interactive applications and social networks […]
Salesforce.com: The CRM ‘Hot Ticket’
A few years ago, it would have been hard to imagine Wall Street firms turning over key customer data to […]