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Latest Headlines

Citi prime brokerage launches new advisory service

Even before Dodd-Frank required hedge fund registration and enhanced oversight, we'd been saying that investors were increasingly demanding more transparency, more customer-friendly policies and in

Bank of America's foreclosure tactics criticized by judges

Bank of America ( NYSE: BAC ) has suffered bad PR for some real bone-headed moves by local vendors , who have tried to evict people from the wrong house, wrongfully foreclosed on several properties and

Haves and have nots in hedge fund tech

The build-or-buy decision looms large for a lot of small- and medium-sized hedge funds these days. They absolutely need cutting edge technology at all levels, front office and back office. But the

Core replacement projects on hold--yet again?

Bank Technology News makes an interesting point about all the vendors pitching core systems upgrades to large banks. Experts make the situation sound dire, which leads people to predict a surge in

The technology adoption curve in action

Virtualization has been a white hot trend in the technology world as of late. On Wall Street, the idea would seem ideal for hedge funds, which run a complex multiplicity of applications. As you can

Options trading tech migrates to desktop

Market turmoil is a godsend for options traders. Not surprisingly, trading volume has held up well this year. In March, volume at the CBOE surged 12 percent. Increasingly, big buyside players are