Financial technology consultant Eikos Partners is open sourcing a JavaScript toolkit and offering its related consulting services in a bid to help buy-side and sell-side firms speed up their development of applications for the trading lifecycle. The consultancy will offer the JSCatalyst toolkit in combination with the Eikos design thinking methodology to help financial services… Read More >>
Sapient Global Markets to Bolster ‘Client Connect’ via Seismic
Sapient Global Markets, an IT provider and consultancy for financial services and commodities markets, is bolstering its Client Connect platform via a new collaboration with marketing and sales vendor Seismic. Working under the guidance of the Seismic Partner Edge program, the two companies intend to deliver “enhanced marketing and sales enablement tools, including the rapid… Read More >>
Regulatory Pain Among Customers Drives Fenergo’s Hiring Spree
Citing growing demand for its offerings, Fenergo, a client lifecycle management (CLM) software solutions vendor based in Dublin, Ireland, will be hiring 100 new staffers including Michele Shepard, who has the new post of chief revenue officer (CRO) and Greg Watson who takes on the post of managing director of sales and strategy, officials say…. Read More >>
Standard Chartered’s IT Chief from Daimler
Standard Chartered has appointed a physicist and engineer from Daimler AG, Dr. Michael Gorriz, to be the group chief information officer, with his term to start in the third quarter of this year, official say. Gorriz, who will be based in Singapore, will report directly to Bill Winters, the incoming group CEO. At Daimler, Gorriz… Read More >>
TrueEX Fills Top IT Management Post
TrueEX, which characterizes itself as the first designated contract marketplace for interest rate swaps, reports the appointment of Saro Jahani as chief information officer. Additionally, Jim Miller, the company’s co-founder, will be “migrating from his current full-time role as head of product development at the company in April 2015 to become an advisor to the… Read More >>
Cyber-Attacks Force Firms to Prepare for the Worst
The number of detected cyber-security incidents across the financial sector rose 8 percent from 2013 to 20414, and the total cost of those incidents has jumped by 24 percent according to a new report by PriceWaterhouseCoopers (PwC). But, over that time, total spending by Information Security (InfoSec) departments at larger financial services firms is up… Read More >>
Barclays Exec Joins Capco’s UK Team
Business and technology consultancy Capco has appointed Jonathan Rose, a former Barclays executive, as a partner for its UK team. Rose has previously worked as a managing director, chief operating officer (COO) and chief investment officer (CIO) at Barclays bank, according to Capco’s statement. At Barclays, Rose’s managed IT service delivery, transformation, management and strategy… Read More >>
JPMorgan Cyber-Attack Spurs ‘Fear, Uncertainty & Doubt’
(Editor’s note: In a companion piece to this story, FTF News explores how the FS-ISAC, a financial services cyber threat-sharing group, is automating the sharing of threat information across the financial sector. Read about it here.) The massive cyber-security breach at JPMorgan that compromised gigabytes of sensitive data is dialing up the “fear, uncertainty and… Read More >>