Dear Jon, Not that my opinion probably matters all that much to you, but I used to think you were a great leader and businessman. I remember when you first ran for NJ Senate, I admired what you had accomplished and thought of you as a true leader. Now, I am sorry to say, my
Cloud
How to Launch a Hedge Fund … Did You Miss Out?
I am pleased to report that we received a ton of great feedback from our most recent How to Launch a Hedge Fund seminar in New York last week! Subjects discussed ranged from the up-front decisions and vendors needed to start a fund to the major legal issues a start-up would face. Sessions also got
Wall Street
What’s Haunting Wall Street this Halloween?
Aside from Thanksgiving and Christmas Eve, Halloween is one of my favorite holidays. Therefore, I thought I’d take this opportunity to take yet another friendly jab at our beloved Wall Street. Here’s my gruesome list of what I think is haunting Wall Street this year: Chilling Whispers of a Double Dip Recession Occupy Wall
Wall Street
Occupy Wall Street
Getting to work has proven to be a bit more difficult than usual these past 2 weeks. For all of you working in downtown Manhattan like myself, I’m sure you’ve encountered the group of protestors that has named their cause “Occupy Wall Street.” To be completely honest, I’m not 100% sure why or how this
Fun Friday
FTF’s Outing to the American Finance Museum!
Last Friday, Caitlin and I decided we should take an outing to the Museum of American Finance. A while back, I came across information on the museum and thought it might be interesting to see what it was all about. Also, I noticed that there are current exhibits on Alexander Hamilton and scandals affecting Wall
Financial Technology
Financial Innovation Trends: A New Catalyst Emerges
Guest Contributor: James Pasmantier, Vice President of Professional Services at Brightidea Innovation is never easy, and the Financial Services industry is far from a safe haven for the common challenges faced by all organizations. These days, the concept of ‘financial innovation’ has come under scrutiny, see one example in an Economist debate on the subject
Fun Friday
Movie Review Friday – Too Big To Fail
Too Big to Fail – Everyone working from Wall Street to Main Street has most likely heard about, if not read this best-selling piece of literature by Andrew Ross Sorkin which details the financial crisis of 2008. Recently HBO decided to take this best-seller and turn it into a film. Prior to working here at
Fun Friday
Happy (Belated) Birthday NYSE
Guest Contributor: Karen Mack, Financial Technologies Forum This past Tuesday, when reading the “This Day in History” section of our local newspaper, I couldn’t help but note that this was the anniversary of the date that the Buttonwood Agreement was signed on May 17, 1792 by 24 Wall Street stockbrokers, marking the official beginning of
Derivatives
Proposed Derivatives Rules: Regulators Going Too Far?
Guest Contributor: John Jay, Senior Analyst, Aite Group The name of the game is derivatives regulation, and financial regulators are asking end users to ante up. While pursuing risk management activities, non-financial firms may be subjected to posting higher collateral requirements with their financial counterparties (i.e., banks) than are currently necessary. In part, these firms
Back-Office
Is Data More Valuable than Assets?
When someone hears the term “cyber crime” they will usually think of their personal information being stolen, for instance when someone steals your credit card information and goes on a shopping spree. However, cyber crime no longer strictly applies to personal information. According to a recent survey by McAfee and Science Applications International Corporate (SAIC),
