I came across a blog article recently that posed a thought provoking and potentially frightening question, “How long will Wall Street stay in America?” Being that the Wall Street business is the business we are in, as well as our clients, I thought it was something I should read. According to the author, Robert Reich,
Wall Street
Movie Review: Wall Street – Money Never Sleeps
Last Friday, the FTF team decided to cut out of work a LITTLE early to see an educational film: “Wall Street: Money Never Sleeps,” and we definitely give this film 2 thumbs up. The film was extremely interesting and captured that part of Wall Street no one likes to talk about. It played up what
Derivatives
The Golden Vending Machine
Vending machines that dispense gold may be making their way to the U.S. A company named Gold to Go has hopes of installing a “couple of hundred” machines in the upcoming year according to an article on CNBC.com. Already, these vending machines can be seen at the Dubai Airport and major hotels and banks throughout
Back-Office
The Devil in the Data, An Evolution that Won’t Be Televised
Guest Contributer:John Avery, Partner, SunGard Transparency, Efficiency and Networks (TEN) were three of the key themes for SunGard in 2010, and it’s no coincidence that this is the same year that the greatest set of reforms in generations became law in the US and will soon become law in other jurisdictions. With this new regulatory
Wall Street
Join the Letters of Wall Street Challenge
Join the FTF Letters of Wall Street challenge! Because Wall Street is not often WYSIWYG, I thought it would be fun (and challenging) to come up with a list of Wall Street’s most frequently used acronyms. I was able to think of 44 without TME, but I’m looking for a challenger to come up with
Financial Crime
Is the SEC to Blame?
Recently, The Litwin Foundation filed a suit against the SEC for carelessness and their inability to expose Bernie Madoff and his $65 billion Ponzi scheme. The Foundation is looking to recover at least $19 million in damages against the SEC. Currently, government agencies are protected by “sovereign immunity”, but should they be? Did the SEC
Guest Blog
Women on Wall Street
Guest Contributer: Marianne Brown, CEO, Omgeo There have been several articles recently that have detailed the “exodus” of women from Wall Street. These articles stem from a statistic reported by the Bureau of Labor that “in the past 10 years, 141,000 women, 2.6% of female workers in finance, disappeared from the industry, while the ranks
Compliance
Is the Dow Dead?
I heard somewhere that speculation can be one of the greatest triggers of fear and panic. We have certainly seen how speculation (good or bad) can affect our markets, and in turn how it can affect the Dow Industrial Average, and so on. Speculation can easily set off a sort of domino effect, taking down
Wall Street
Women on Wall Street – An Interview with Nicki Gilmour of The Glasshammer
As Financial Technologies Forum is a women owned and operated business to the Wall Street community, I thought it would be enlightening to interview Nicki Gilmour, Publisher and Editor-in-Chief of The Glasshammer, an online community to women executives in finance, law, technology and big business, to find out firsthand what women are saying about what it’s like to work
Financial Crime
Wall Street Villains
For the most part, traders respect the financial system and stay within the boundaries set by regulations in order to earn a profit. However, not every trader likes to follow the rules, especially when the rules stand in the way of making millions or billions of dollars. So, we here at FTF thought it might