(Editor’s note: Researchers at investment banking giant Goldman Sachs and quantum software vendor QC Ware Corp. made an unusual announcement late last month. They declared that they achieved a breakthrough for Monte Carlo simulations. However, they noted that the advancement may have more meaning in about five years. Simply put, the breakthrough is a quantum… Read More >>
STP & Electra to Offer End-to-End Recs Support
STP Investment Services, a middle- and back-office solutions vendor, reports that it is expanding its ties with Electra Information Systems via a new strategic partnership that lets STP’s wares work with Electra’s offerings. Essentially, the partnership will combine Electra’s data collection and matching tool with STP’s process and reconciliation dashboard, officials say. The goal is… Read More >>
Eagle Promotes Cullen to CEO
Eagle Investment Systems, a financial services technology company that is part of BNY Mellon, reports the promotion of Mal Cullen to CEO. He succeeds John Lehner, who becomes Eagle’s chairman. Cullen joined Eagle in 2001 as head of Canadian operations, and served most recently as head of the Americas and of the operations of Eagle… Read More >>
FTF Premier Special Report: Alice Corp. v. CLS Bank
The Alice Corp. v. CLS Bank battle went all the way to the U.S. Supreme Court and had major ramifications for financial services firms that rely heavily on third-party software, services and infrastructure technologies. In this in-depth report, FTF News focuses on twists and turns of a legal action that caught the attention of heavy… Read More >>
