Financial Services Firms news from FierceFinanceIT
News
Super computers, an alternative to the cloud?
Hedge fund IT managers were among those who gathered in Portland last week for Supercomputing 09, the annual confab for the supercomputing industry. The financial sector has been one of the strongest... Read more...
Time to consolidate your data center?
There are lots of reasons you might want to consolidate your data center operations: You might have just been through a merger, or you might be simply consolidating departments. More likely, you... Read more...
Financial firms leading outsourcing surge in India?
Financial services firms were big users of India-based technology support firms. It was never clear exactly how the turmoil on Wall Street would affect outsourcers, but some think the slow recovery... Read more...
What to make of the Amex-EDS deal?
When it comes to outsourcing, IBM is still king of the hill. It ended 2008 with a market share of 7.3 percent. HP came in second with 4.8 percent of the market. But is HP building some momentum? It... 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...
Microsoft eyes CEP market
It's no secret that Microsoft aims to be an essential player in the enterprise market, especially the financial enterprise. To that end, it will soon start testing a complex event processing... Read more...
Banks deploy RFID in data center
We've certainly spent a lot of time discussing financial services data centers. Increasingly, they are a strategic imperative--the new everything. So it makes sense to stay as organized as possible,... Read more...
ATS seek patents, a new competitive tool?
Traders magazine notes that alternative trading systems are increasingly seeking patents on their software and processes, following in the steps of exchanges and other financial services firms. It's... 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...
Is this really a tipping point for ERM?
The idea of better risk management at top financial services firms ranks high on the list of topical issues. From regulators, to politicians, to directors and executives, lip service is being paid.... Read more...



