credit crunch news from FierceFinanceIT

It's no secret that IT budgets at most banks are being squeezed. But that's only going to make the vendors work that much harder for attention. Truth be told, the SaaS vendors can make a pretty good Read more...

We've noted the many problems in the credit default swap market, which still doesn't have an automated trading venue. But as Wall Street & Technology makes clear, there are huge markets for Read more...

The rise of lower-cost IT systems has been a huge boon to the many quantitative hedge funds and quant system providers out there. The credit crunch has led to a bit of handwringing over the future Read more...