Recent Stories

Situational Awareness Technology Uses Big Data To Fight Terrorism

Situational Awareness Technology Uses Big Data To Fight Terrorism

An off-duty law enforcement officer averted further bloodshed last weekend when she stopped a gunman in a San Antonio cinema. The shooter had already wounded two people and fired upon a marked police car when the officer took…
Too Big To Fail Makes A “Fine” Mess For British Banks

Too Big To Fail Makes A “Fine” Mess For British Banks

Solving the too-big-to-fail problem in banking just got international. Authorities could seize a Global Systematically Important Financial Institution (GSIFI) — and dismantle it as appropriate — under a joint plan by the Federal Deposit Insurance Corporation (FDIC) and the…
Big Data’s Big Opportunity In The Bleak Economy Of 2013

Big Data’s Big Opportunity In The Bleak Economy Of 2013

“Companies that have embraced the future have been rewarded,” CNBC’s Jim Cramer said on Mad Money, highlighting SAP’s forward-thinking mindset — and rising stock price. “The company’s last quarter — it was fabulous — it was the best…
Dodd-Frank Stands Technically Corrected and Small Banks Lose

Dodd-Frank Stands Technically Corrected and Small Banks Lose

“People got a bit lax,” Queen Elizabeth II said last week of the time leading up to the financial crisis. “Perhaps it was difficult to foresee.”
Lighting Up Dark Pools And Dissing Dodd-Frank

Lighting Up Dark Pools And Dissing Dodd-Frank

Shadow banking may sound like the demon brainchild of Dr. Evil and Gordon Gekko, but about half of the banking system’s assets are in this mostly unregulated realm of finance. And global regulators at the Financial Stability Board recently…
Regulatory Reform: It’s The System, Not The Software

Regulatory Reform: It’s The System, Not The Software

Trading stood still on more than 200 companies Monday, as a server kept the New York Stock Exchange from publishing quotes for most of the day. Taken alone, this seems like a technical glitch.
Spending Wisely On A Big Data Strategy

Spending Wisely On A Big Data Strategy

Capital markets firms are falling behind in Big Data as industries from utilities to manufacturing successfully employ enterprise-class solutions to improve operations. But capital markets firms aren’t keeping up either because they’re too new on the block or because…
Dodd-Frank And The Global Culture Change

Dodd-Frank And The Global Culture Change

“The impact of Dodd-Frank for foreign banks is going to be widespread and long-lasting,” according to a recent report by Boston-based research and consulting firm Celent. “The new rules would alter the trading strategies and operations of…
Not-Ready-for-Real-Time Players Handicap Themselves

Not-Ready-for-Real-Time Players Handicap Themselves

Three in five financial institutions cannot perform real-time reconciliation because they haven’t started working on it for any of their asset classes, according to a recent survey. And they don’t think they’ll be ready to start work on this…
Europe Takes Control Of High-Speed Trading

Europe Takes Control Of High-Speed Trading

The European Parliament’s financial committee decided last week to rein in the velocity of high-frequency trading. The Economic and Monetary Affairs Committee’s unanimous vote paves the way for a half-second speed limit on those using computers to execute lightning-fast stock…