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...
I was just reading a recent interview with Treb Ryan, the chief executive of OpSource by Forbes and I think he makes some interesting points.
His main theme...
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®...
Today’s insider trading cases acquittals in London are a big blow to the FSA, but their ability to detect and prosecute these market abusers cannot be overlooked. Without the technology to detect the trading anomalies, alleged white collar criminals cannot be prosecuted in the first...
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