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Wall Street & Technology January 23, 2007 Greg MacSweeney |
Putnam's 64-bit Architecture and Outsourcing Strategy Allows IT to Focus on Core Competencies Putnam Investments has leverage outsourcing of certain processes so business leaders and technology professionals can focus on projects that provide specific value to the business.  |
Wall Street & Technology January 23, 2007 Greg MacSweeney |
Web 2.0 and Data Privacy Will Define Financial Services in 2007, Says Steve Rapp, SVP; CIO, Nicholas Applegate. The move to further protect client data and the maturation of Web 2.0 related businesses are two topics that will define financial services in 2007.  |
Wall Street & Technology January 23, 2007 Greg MacSweeney |
Mellon Focused on Bank of New York Merger and new Private Wealth Management Platform Mellon is looking to take advantage of the Bank of New York's international reach while launching a new platform that will transform the way wealth managers interact with ultra-high net worth clients' other advisors.  |
Wall Street & Technology January 23, 2007 Greg MacSweeney |
Cross-Asset Algorithmic Trading Goes Mainstream, While Software As a Service Gains Traction More buy-side firms will adopt cross-asset class algorithmic trading in 2007, while software as a service will again be en vogue.  |
Wall Street & Technology January 23, 2007 Peter A. Horowitz |
On the Offensive The mega changes brought about by globalization, demographics, new regulation and new technologies, as well as diminishing product profit margins, disintermediation and previous underinvestment, will be compounded by fundamental changes in the financial industry's structure and makeup.  |
Wall Street & Technology January 23, 2007 Larry Tabb |
Regaining N.Y.'s Financial Glory? The SEC's vote to reduce the impact of Sarbanes-Oxley by reducing audit and sign-off requirements on firms' financial controls is a positive step, but will it bring back growth to the U.S.'s financial markets?  |
Wall Street & Technology January 23, 2007 Cory Levine |
Chauvin Promoted to CRO at TD Mark Chauvin, a veteran of TD Bank Financial Group, has been appointed as EVP of risk management and chief risk officer for the firm.  |
Wall Street & Technology January 23, 2007 Cory Levine |
Moody's Hires Rotella as CIO The New York-based parent company of the credit rating, research and analysis firm Moody's Investors Service hired Perry Rotella as SVP and CIO.  |
Wall Street & Technology January 23, 2007 Cory Levine |
PHLX Promotes Derivatives Specialist The Philadelphia Stock Exchange has promoted Matthew Rotella to vice president of options derivative trading development systems.  |
Wall Street & Technology January 23, 2007 Cory Levine |
Keeping Tabs Barclays Capital hired Bill Archer as managing director and head of U.S. leveraged credit risk. Archer previously was a managing director at Goldman Sachs.  |
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