Awards & Rankings
Operating with Bear Bones
It's official. After a quick 10-minute vote by Bear Stearns shareholders, JPMorgan Chase CEO Jamie Dimon has himself a new, if slightly battered, prime brokerage business. According to officials, it will operate as wholly owned subsidiary of JPMorgan…
Kimsey: Credit Crunch Hits Screen Counts
A report on the trading floor market for trading and data services, published this week by Kimsey Consulting, predicts that the number of trading positions worldwide will fall by 12,000 by 2011, with a similar reduction in screen counts over the same…
Financial Technologists Reveal Earnings
NEW YORK-To get a picture of how much jobs in the financial IT industry pay these days, Dealing with Technology 's sibling publication Waters magazine asked its readers to reveal what they expect to earn annually in terms of base salary, cash bonus and…
No good deed
Wall Street had a true roller coaster week in early March but not in terms of trading volumes or record profits. It was a thrill ride in terms of emotions, headlines, and hubris.
EPA Ranks Fortune 500 for Green Power Use
GREEN IT IN THE NEWS
Meet the AFTAs 2007 Winners
SPECIAL REPORT
Redeemable Shares: A Cautionary Tale
Redeemable shares might be a tax-efficient method to distribute capital, but they can be a headache for firms trying to automate corporate actions processing, say Richard Ryndak and Kristina Kulle at Wolters Kluwer Financial Services
Following JPMorgan's Open-Source Trail
As open source and grid computing gain more traction in the financial services space, technology gurus at investment banks have to figure out ways to stay ahead. DWT U.S. reporter Oksana Poltavets sits down with Adrian Kunzle, chief architect of…
User Firms Strive to Preserve Choice
In the face of the pending merger between two of the industry's leading data providers-Thomson and Reuters-end-user firms say they will promote niche service providers to preserve competition between vendors, according to a panel of end-users at last…
Life, the Universe and STAC
Selecting which new technology to adopt is often more of an art than a science for most investment banks. The lack of objective benchmarks has left departments making choices based more on personal relationships with salespeople than on the technology…
Editor’s letter: Get ready to lose some friends
That's what Matthew Crabbe, managing director of Incisive Media's financial risk management and trading technology division, advised me when we recently discussed BST 's plans to launch its inaugural Buy-Side Technology Awards in November this year. To…
Infosys Draws a Crowd
WATERS RANKINGS 2007 WINNER'S CIRCLE
More lip service to oversight
Readers are no doubt becoming tired of my editorialising of hedge fund regulation in the US, but so long as government officials and the Securities and Exchange Commission (SEC) provide more fodder for the keyboard, I'm not really in a position to resist.
Kimsey: Data Budgets Buck Spend Trend
Spending on market data services in the New York Tri-State area as a percentage of overall dealing room technology costs fell slightly during the past year from 27 percent to 26 percent, despite a 5 percent increase in trading floor technology budgets to…