Tech Errors Are Part of Stock Trading Risk

By Sara Peters, Enterprise Efficiency 17 January 2013 URL: http://www.enterpriseefficiency.com/author.asp?section_id=1134&doc_id=257568& All trading on the stock market comes with risk. The potential for technological errors and disruptions in stock exchanges is now just a standard variable in the risk equation. Traders have to account for it when they're deciding which exchanges to use. And the exchanges have to … Continue reading Tech Errors Are Part of Stock Trading Risk →

How CIOs Are Making Security an Enterprise Necessity

Information security is often seen as more trouble and cost than it's worth. Until it fails. How can CIOs truly make it part of enterprise risk management? By Martha Heller, CIO 30 November 2012 URL: http://www.cio.com/article/722528/How_CIOs_Are_Making_Security_an_Enterprise_Necessity CIO — So, a guy walks up to another guy who is clapping. The first guy asks, "Why are you clapping?" … Continue reading How CIOs Are Making Security an Enterprise Necessity →

Companies Test Backup Plans, and Learn Some Lessons

By Michael Hickins, The Wall Street Journal 30 October 2012 URL: http://online.wsj.com/article/SB10001424052970204840504578089083861617790.html Natural disasters of the past few years taught companies the importance of good backup systems—but Hurricane Sandy showed many that there is still a lot to learn. The good news is that many businesses spared themselves a great deal of economic loss by keeping duplicates of … Continue reading Companies Test Backup Plans, and Learn Some Lessons →

Wall Street Firms Swing Contingency Plans Into Place

By Michael Hickins, CIO Journal 29 October 2012 URL: http://blogs.wsj.com/cio/2012/10/29/wall-street-firms-swing-contingency-plans-into-place/Financial firms in the New York area have put in motion contingency plans to keep operations running despite the devastation expected from Hurricane Sandy and closed financial markets Monday and Tuesday. For some, disaster preparedness is a matter of course. NYSE/Euronext has its primary data center, a 400,000 … Continue reading Wall Street Firms Swing Contingency Plans Into Place →

Same Movie, Different Market: Moving from Stocks to FX

By Tom Steinert-Threlkeld, Traders Magazine 24 October 2012 URL: http://www.tradersmagazine.com/news/fxall-rubinow-forex-trading-110456-1.html Steve Rubinow thinks he's watching a replay. The former chief information officer for NYSE Euronext is now CIO at FXall, the supplier of an electronic platform for trading currencies. When Rubinow got to NYSE, "fragmentation" of stock markets was just beginning. Trading was dominated by the New … Continue reading Same Movie, Different Market: Moving from Stocks to FX →

Why Didn’t Microsoft Add OMS Functionality to Excel?

By Phil Albinus, Advanced Trading 11 October 2012 URL: http://advancedtrading.com/ems-oms/why-didnt-microsoft-add-oms-functionalit/240008447 Walk onto any Wall Street trading floor -- once you get past security, of course -- and look around. It doesn't matter if you're perusing a buy side or sell side firm, a hedge fund or a broker-dealer, because you'll see the same thing: Rows and rows … Continue reading Why Didn’t Microsoft Add OMS Functionality to Excel? →

FX Alliance CIO: “I Basically Got Tired” at NYSE

By Tom Steinert-Threlkeld, Securities Technology Monitor 9 July 2012 URL: http://www.securitiestechnologymonitor.com/news/rubinow-fx-all-nyse-euronext-tired-30917-1.html Steve Rubinow joined FX Alliance in April, after roughly five years with NYSE Euronext and 11 with it and an electronic trading network it acquired. Thomson Reuters announced this morning that it was acquiring FX Alliance, aka FXall, for $22 a share or $625 million. At … Continue reading FX Alliance CIO: “I Basically Got Tired” at NYSE →

How to Land a Technology Job on Wall Street: Inside an Elite Wall Street IT Education

By Ivy Schmerken, Wall Street & Technology 31 May 2012 URL: http://wallstreetandtech.com/articles/240001144 Despite the view that the U.S. economy is sluggish and it's hard for new college graduates to get a job, financial services firms are hiring. In fact, top Wall Street companies are reaching out to the elite colleges in a huge way to bring in … Continue reading How to Land a Technology Job on Wall Street: Inside an Elite Wall Street IT Education →

New Members of the CIO Hall of Fame in 2012

By Kim S. Nash, CIO 1 May 2012 URL: http://www.cio.com/article/705341/New_Members_of_the_CIO_Hall_of_Fame_in_2012 Steve Rubinow CIO FX Alliance Career IT, marketing, innovation and decision-support expertise drawn from positions at Quaker Oats, Budget Rent A Car, Fidelity and NYSE Euronext have led Rubinow to head IT at FX Alliance, a foreign exchange technology provider. He understands how to use disruptive technology … Continue reading New Members of the CIO Hall of Fame in 2012 →

Top CIOs Predict the Five-Year Future of the CIO

By Kim S. Nash, CIO 1 May 2012 URL: http://www.cio.com/article/704050/Top_CIOs_Predict_the_Five_Year_Future_of_the_CIO Five years from now, the CIO will be a better, faster, stronger version of today's top IT leader, practically running the company single-handedly. Or maybe other business executives will become more educated about IT and decide to hire cloud companies to do it all, leaving the poor … Continue reading Top CIOs Predict the Five-Year Future of the CIO →