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Cloud computing rises at all levels

When it comes to cloud computing, definitions vary across a range of technologies. As the marketing imperative grows, so do the varieties of definition. There's a lot of ways to segment... Read more...

Portfolio modeling going to next level

The still unfolding financial crisis has presented marketing opportunities for a host of firms, including compliance, risk management and other vendors. Portfolio modeling vendors certainly fall into... Read more...

Hedge fund servicers emerge from the storm

In many ways, the global financial crisis has been good for the many companies that sell hedge fund services. Third party administrators have certainly benefitted, as their services are being... Read more...

Bank IT spending outlook

Can it get any worse? That's a fair question when it comes to IT spending in the banking sector. The fact is that most banks were forced to ration their IT spending dollars in 2009. Celent predicts... Read more...

Hedge funds demanding new technologies?

Last year, roughly 20 percent of all hedge funds closed shop. In the process, customer expectations radically changed, highlighting the need for better technology at just about all levels of... Read more...

IT spending to drop further?

The economy is not making it easier for financial services firms to boost their IT budgets. While people talk about green shoots, we're also seeing some reports that tech spending this year may be... Read more...

Demand for contract tech workers soaring?

The IT budget remains constrained, but some projects are seen as mission critical. So what to do? Follow the time-honored path and start hiring more IT consultants. Which is what seems to be going on... Read more...

Hedge fund IT pros ready for more regulation?

You can count on more regulation of alternative investment providers, but the exact shape of the new regulation is still unclear. From the IT side, executives should at least be gearing up for more... Read more...

Tech spending bottoming out?

Are we seeing signs of life when it comes to technology spending? There are reasons to think the worst may be over. Goldman Sachs surveys big companies monthly and has detected a slight shift as of... Read more...

Hedge funds scrambling ahead of new regs

Much of the hedge fund industry is resigned to more regulation, which we all expect in some form this year. Some are already starting to embrace the kind of IT infrastructure they think they'll need... Read more...

Press Releases

Nasdaq Grants Ambassadors International, Inc.’s Request For Continued Listing

SEATTLE, Sept. 1 /PRNewswire-FirstCall/ -- Ambassadors International, Inc. (Nasdaq: AMIED) announced that it has been notified by the Nasdaq Stock Market that the Nasdaq Hearings Panel has granted Read more >>

Fitch Downgrades Currus IV Limited and Assigns Stable Outlook

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has downgraded the senior and subordinated facilities from Currus IV Limited and assigned a Stable Outlook. In addition Fitch has removed all facilities from Read more >>

American Apparel Receives NYSE AMEX LLC Letter Relating to Late Filing of Second Quarter 2010 Quarterly Report on Form 10-

LOS ANGELES--(BUSINESS WIRE)-- American Apparel, Inc. (NYSE Amex: APP), a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, today announced that it Read more >>

Tel-Instrument Electronics Corp. Announces Receipt of NYSE Amex Non-Compliance Letter

CARLSTADT, N.J.--(BUSINESS WIRE)-- Tel Instrument Electronics Corp. (“Tel” or “Company”) announced today that on July 30, 2010, it received a letter from the staff of the NYSE Amex that, based on the Read more >>

Poniard Pharmaceuticals Receives NASDAQ Deficiency Notice Related to Minimum Bid Price

SOUTH SAN FRANCISCO, Calif., July 22 /PRNewswire-FirstCall/ -- Poniard Pharmaceuticals, Inc. (Nasdaq: PARD) announced today that on July 20, 2010 it received a letter from the Nasdaq Stock Market Read more >>