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News

Tech firms to jump into ... mutual funds?

The Boston Globe offers an interesting column suggesting the likes of Microsoft, Yahoo, and Amazon.com--perhaps even Wal-Mart--will someday want to jump into the financial services industry,... Read more...

Bank of America Merrill Lynch to launch online brokerage

It looks like Bank of America Merrill Lynch (NYSE: BAC) is going downstream: it has launched a new online brokerage called Merrill Edge, which looks like it wants to compete with the likes of Charles... Read more...

So what exactly is Fidelity these days?

Historically, Fidelity Investments (Fidelity news) has been seen as a mutual fund company. Some of you also know the company as a massive retail stock brokerage and a benefits outsourcing service... Read more...

Most respected financial IT vendors?

A recent Aite Group survey asked financial institutions executives which vendors they most admire. The result was a timely look at the industry and which vendors are poised to fare the best in 2010.... Read more...

The FinTech 100 announced

American Banker, Bank Technology News and IDC have announced their sixth annual FinTech 100, a list of the top players in the financial services vendor community. Fiserv continues to hold down the... Read more...

Beware the bank IT worker

We've noted often over on FierceComplianceIT that while external threats garner the most media attention, the most pressing threats to a company often come from insiders. This is something that most... Read more...

Banks flocking to North Carolina

Deutsche Bank has settled on North Carolina , specifically the Research Triangle area, as the ideal site for a new bank technology hub. The company aims to start a new unit, DB Global Technology,... Read more...

More vendor mergers in the works?

As these tough times continue, banks are paying more attention to vendor management. There are fewer dollars to go around, obviously, and some vendors could easily end up as one of the odd men out.... Read more...

Fiserv slapped with Bernard Madoff suit

Fiserv made the decision a few years ago to focus on being a savvy, technology driven provider of services to financial services firms. Its success was highlighted recently by Fidelity's purchase of... Read more...

RIA platforms in tech arms war

The time is ripe to lure financial consultants and brokers away from the traditional wirehouses. One thing they'll want to know about, when it comes to the many independent platforms they can choose,... Read more...

Press Releases

HighTower Announces New Advisory Team in New York

CHICAGO, Aug. 2 /PRNewswire/ -- HighTower, the first open-source, advisor-owned financial services company, announced that it has expanded the firm's advisory talent in New York with the team of Read more >>

Accuri Cytometers Completes $6 Million Series E Financing

ANN ARBOR, Mich., July 12 /PRNewswire/ -- Accuri Cytometers, Inc., a world leader in providing life science researchers with easy-to-use, cost-effective flow cytometers, today announced completion of Read more >>

RiverNorth Core Opportunity Fund (RNCOX) Added to Envestnet Platform

RiverNorth Core Opportunity Fund Offers the Balance of Diversification Plus the Potential for Alpha GenerationCHICAGO, June 8 /PRNewswire/ -- RiverNorth Capital, a leading investment management firm Read more >>

CNA Surety Announces First Quarter 2010 Results

CHICAGO, April 30 /PRNewswire-FirstCall/ -- CNA Surety Corporation ("CNA Surety" or the "Company") (NYSE: SUR) today reported net income for the first quarter of 2010 of $20.8 million, or $0.47 per Read more >>

DALBAR Releases Evaluation of Private Client Statements

Two Firms Excel in Making the Complex Approachable BOSTON--(BUSINESS WIRE)-- DALBAR, Inc. announced today the release of its first-ever review and evaluation of statements designed to serve the needs Read more >>