credit crisis news from FierceFinanceIT

Bank of America (BAC) wanted a new corporate cash solution to offer, but it wanted to get it right. It consulted 19 clients, which formed an advisory committee of sorts. The result is its new CashPro... Read more...

We tend to think about single points of failure in terms of hardware. Wall Street has certainly been trained on the issue of redundancy and catastrophe planning, but the recent credit crisis has made... Read more...

The TowerGroup has issued a report that notes eight ways that the buy-side will be affected by the credit crisis. Broadly speaking, the buy-side historic dependence on the sell side may fracture just... Read more...

There has been lots of talk about how human traders are being disintermediated by electronic trading services. Working as a cash equities trader hasn't carried a lot of cachet on Wall Street for... Read more...

Truth be told, the lack of an automated OTC derivatives execution and clearing platform was an issue even before the credit crisis hit. Now, after the global carnage, regulators have all but mandated... Read more...

It's hard to believe that the credit default swap (CDS) market is now about twice the size of the U.S. stock market. But it's true. The market has been growing phenomenally and, despite a lot of... Read more...

Company News: > Thomson Reuters ramps up at a tough time. Article > BATS vs.... Read more...