Tom Steinert-Threlkeld

The challenge is to identify and pull in data that allows a financial firm that allows it to calculate risks that it faces in securities positions held and exposures to different counterparties.

The Financial Stability Board has decided to adopt a 'structured approach' to the numbers that get issued to identity participants in financial transactions around the world.

The SEC has awarded a contract to Tradeworx to develop and deliver a system that will allow four of its divisions to track creation, modification and cancellation of trade orders in real time.

The first 725,000 Smith Barney customer accounts have moved over to a fresh Morgan Stanley system. Algo-driven, personalized training of financial advisors and client support personnel have been key to moving records involving nearly $1 trillion in assets.

The investment bank has been re-architecting its operations since its 2008 acquisition of Bear Stearns, and it's speeding up quantitative analysis with high-performance computing.

LPL Financial says it has added 500 net new advisors for the second year in a row.

Bank of New York Mellon Corp. said late Tuesday that it is a victim of "prosecutorial overreach," at least in the case of the $2 billion lawsuit filed against it by New York Attorney General Eric T. Schneiderman.

UBS speaker on settlement risk withdraws from Sibos.

This acquisition expands IBM's business analytics capabilities in the financial services industry.

Wells Fargo Securities will pay $11 million in a settlement of accusations that it misrepresented and overcharged for two complex debt products tied to housing industry performance.

Steadfast Networks, which is trying to create a network for financial trading, has taken a step toward that goal by acquiring Radius IT.

The U.K.'s Financial Services Authority has fined a former executive from Toronto-Dominion Bank $1.2 million for intentionally mispricing trading positions in credit derivatives to cover his losses and banned him from working in the financial services industry.

The Tuition Plan Consortium has relaunched its Independent 529 Plan as the Private College 529 Plan, to foster prepurchasing of tuition fees at present rates.

The Securities Industry and Financial Markets Association is in discussions with the Securities and Exchange Commission and the Financial Industry Regulatory Authority to establish the first training, licensing and continuing education program for operations executives at financial firms.