Wall Street Firms news from FierceFinanceIT

Tibco Software is well known in the financial services industry for its infrastructure software. More specifically, the firm's "TIB" (which stands for "The Information Bus") technology has long been... Read more...

Several proposals to curb short-selling have been discussed over the past year. I think most people were betting that a modified uptick rule was going to be passed. The issue really was whether some... Read more...

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...

Wall Street & Technology takes a look at some cloud computing development initiatives at big Wall Street firms, including Merrill Lynch, Citigroup and others. One example is AQR Capital... Read more...

The IT budget remains constrained, but some projects are seen as mission critical. So what to do? Follow the time-honored path and start hiring more IT consultants. Which is what seems to be going on... Read more...

Are we seeing signs of life when it comes to technology spending? There are reasons to think the worst may be over. Goldman Sachs surveys big companies monthly and has detected a slight shift as of... Read more...

We've noted before that data centers are huge energy hogs that Wall Street firms simply can't do without. We've also noted that more financial services firms are committed to greening their... Read more...

It's no secret that Wall Street firms have embraced offshore outsourcing. The commitment is not likely to wane. With the credit crunch still unfolding, costs will remain a huge issue over the next... Read more...

In most cases, significant regulatory market changes are ushered in over time, allowing Wall Street firms the necessary time to tweak their systems. But not the short selling ban, which doesn't... Read more...