Prime Broker news from FierceFinanceIT

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...

High-frequency trading has gotten a lot of attention lately. We've noted that these new-age brokerages and trading outfits now account for 60 percent of all trading volume. While most broker-dealers... 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...

We've noted elsewhere that hedge funds that intend to thrive through the crisis will need to continue to invest in systems. So this downturn may be one of those moments in which future leaders rise... Read more...

On Wall Street, you ignore business continuity issues at your peril. Disaster can strike in so many ways; attacks, steam pipe ruptures, and a lot of things in between. In addition, for small hedge... Read more...