TowerGroup
Fidelity rolls out Fix for fixed income
Fidelity Investments - a financial information exchange (Fix) pioneer for equities trading - is extending the connectivity protocol to support fixed-income trading for sell-side counterparties.
Taming the FIX connection
With large firms now juggling dozens of FIX connections, industry organizations and vendors are trying to soothe the protocol’s first set of growing pains.
Banks should use Basel II delays to improve retail-lending systems
NEEDHAM, MASSACHUSSETTS - Banks should use the time gained by delays to the Basel II bank accord to plan for the replacement of systems that can’t handle the ever-increasing volume of loans to the retail sector, a report by banking technology consultants…
The Hunt For Terrorist Cash
One month after the attacks on Sept. 11, Congress passed the USA Patriot Act. Now every financial firm in the country is a deputy in the search for terrorist funding.
Lessons Emerging from Disaster
Web access to market data and other tools could trim costs of maintaining redundant office space.
Revamping Corporate Actions
Dividend payments, stock splits, name changes, spin-offs and other corporate actions impacting securities already held in accounts were not supposed to be affected by T+1. But as the deadline for shortening the trade settlement cycle is challenging firms…
Static data moves forward
Firms tackling high-speed and information-intensive tasks such as straight-through processing or risk management without accurate instrument and counterparty reference data may be taking enormous operational and credit risks. Clive Davidson reports on…