Yesterday the CFTC, the regulator in charge of Futures and Options markets, announced a new Technology Advisory Committee (TAC), chaired by the very capable Commissioner Scott O’Malia. Read the complete...
On Friday last week I visited Progress customer, Royal Dirkzwager, in the Netherlands. It’s nice to be able to talk about a customer publically - Dirkzwager have been a generous public reference for some time. This was my first visit to their...
A few weeks back we attended the SIFMA Financial Services Technology Expo in New York City. Though I wasn’t able to attend, the rumors in the hallways are that it was a very successful, and fun, event. Bummed I missed...
The news that Steven Perkins, (former) oil futures broker in the London office of PVM Oil Futures, has been fined 72,000 pounds ($108,400) by the FSA and banned from working in the industry is no surprise,...
By now you’ve probably seen that a deal was reached this morning by the House and Senate on regulation. Some would say it waters down provisions from the tougher Senate bill, limiting rather than prohibiting banks to trade derivatives and invest in hedge funds. This articles describes it as banks...
Over the last year you’ve heard a lot about Operational Responsiveness from Progress and what it means to and for your business - the ability to:
Jerome Kerviel, the trader who allegedly lost Societe Generale nearly 5.0 million euros, went on trial in Paris on Tuesday, June 8th. The bank alleges that Kerviel took "massive fraudulent directional positions" in 2007 and 2008, which...
The challenge match2blue faced… they needed to scale their existing location-aware social networking platform with an event-driven architecture that could support millions of users. They accomplished this by using Progress® Apama®...
Business process management (BPM) software solutions – often called "suites" – are one of the hottest areas in BPM, but choosing the right BPM solution for your organization may be a daunting task. Ovum, an industry analyst firm, recently conducted a research project that placed...
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