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Goldman Sachs, UBS and Société Générale all have been involved in the last year in high-profile cases involving alleged thefts of computer code used in…

After the passage of the Sarbanes-Oxley Act in 2002, many securities firms implemented financial controls to ensure the accuracy of financial statements. The new act…

This year, U.S. regulators plan to tighten leverage requirements and oversight of foreign exchange brokers. Securities firms with operations in the United Kingdom will need…

New software products aim to help companies get the whip hand over ubiquitous but risky spreadsheets. Concur Technologies helps companies automate the processes by which…

New software products aim to help companies get the whip hand over ubiquitous but risky spreadsheets. Concur Technologies helps companies automate the processes by which…

Opposition appears to be mounting against new rules that would reduce the amount of leverage required in retail foreign exchange trading from the current 400:1…

HSBC’s Swiss subsidiary HSBC Private Bank SA admitted Thursday that a former employee stole records on 15,000 clients and passed them to French government authorities.

The theft of 15,000 records of HSBC Swiss account holders is “inexcusable,” according to a security expert   who provides consulting services to financial firms,…

Most financial companies have “vast gaps” in their privacy and data protection programs, according to a study released this week by security firm Compuware and…

Most financial companies have “vast gaps” in their privacy and data protection programs, according to a study released this week by security firm Compuware and…

With a preference for service-oriented architectures (SOA), the U.S. market is the furthest ahead in deployments of SOA-based policy administration systems, but companies in other…

Let the worries begin. The European Commission Thursday approved the $7.4 billion merger between database giant Oracle and long-time Wall Street denizen Sun Microsystems

New services deliver a range of technology without up-front capital investment. The downside could be giving up control. More than a new buzz phrase to…

Citi has begun rolling out its CitiDirect BE institutional online banking platform. CitiDirect BE–short for “Banking Evolution”–is a wholesale rebuild of its existing CitiDirect platform,…

Bank of America’s new cash management portal, CashPro Online, will provide corporate treasury customers with better administrative tools and security, as well as access to…

SunGard is set to launch on Sept. 22 a cloud-based, treasury-on-demand product for companies with up to $2 billion in revenue.

Treasury departments where manual processes are still prevalent are struggling with getting timely information on accounts receivable, according to a recent report from Boston consultancy…

More companies are using virtual worlds for training and gatherings while new technology aims to make them a mainstream reality. Accountant, CEO and executive director…

After getting frustrated with his previous customer relationship system–a desktop software package–Bob Barry, president of Barry Capital Management Inc., switched to Salesforce.com

The recent financial crisis has demonstrated that securities firms need to change the way they approach risk, needing now to consider a wider variety of…

Earlier this month, a hacker reportedly exploited a vulnerability in an Internet-based virtualization software platform that took down more than 100,000 Web sites and other…

The promise of cloud computing is that a company can easily scale applications up or down, or move them from internal to external locations, to…

Technology and Internet risks are increasingly well understood. But as countermeasures remain elusive or expensive, the exposures appear no less frightening.

As packets of information travel from, say, New York to Tokyo and London, a company can lose money because the data reaches its offices at…

Technology providers that cater to buy-side firms are knocking on doors in an industry that has seen widespread losses and sharp reductions in assets under…

Technology providers that cater to buy-side firms are knocking on doors in an industry that has seen widespread losses and sharp reductions in assets under…

Even before the credit crisis hit, adoption of Microsoft Corp.’s oft-criticized Windows Vista operating system was slow on Wall Street. And with IT budgets tightening…

The dramatic fashion in which Bear Stearns and others have gone down in flames brings to the fore issues like counterparty risk management that had…

The increasing functionality and numbers of mobile banking platforms, the growing sophistication of criminals, and the popularity of smart cell phones create the potential for…

These are times that try bank balance sheets – and test their credit scoring abilities. But adapting to new economic realities can be difficult if…