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BONY Mellon rolls out PE administrative services

As margins compress in the hedge fund and private equity industries, some third-party administrators sense opportunity. BONY Mellon has just added a private equity services platform. The company is... Read more...

Tough integration ahead for Wells and Wachovia

No one doubts the synergies of Wells Fargo and Wachovia on paper. But the success of the program will hinge, to some degree, on the ability of the two banks to integrate their technology. This... Read more...

In demand: multicore processor programmers

We've noted at various times that latency is a huge issue right now. People are still talking about that Tabb Group report. Let's face it, your P&L depends on speed. If you're ion the app... Read more...

Dark pools, technology run amok?

Dark pools stand as a great example of the good and the bad of technology. There are now more than 40 such pools, and according to the Tabb Group, they account for 10 percent of all trading. While... Read more...

SPOTLIGHT: Can technology help the underbanked?

Can technology help those who are considered outside the financial mainstream? We'll see what happens in San Francisco, where a group of banks and the city are reaching out the underbanked in part... Read more...

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