Tuesday, January 26, 2010

IT News HeadLines (TechWeb) 26/01/2010



Bill Gates: Recovery Will Take Years
Microsoft chairman says there are no quick fixes for the deficit-burdened economy.
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Corvil Releases Latency Management Center
The Latency Management Center will provide a single access point to monitor and manage latency in large or geographically dispersed trading environments.
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Thomson Reuters Launches NewsScope Direct for Traders Out of London and Chicago
Provides market-moving machine readable news to high frequency traders in London and Chicago.
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New York Life Microsite Plays to Changing Consumer Attitudes
The GuaranteesMatter site uses rich media to contexualize the financial crisis, emphasize historical strength of mutuals and suggest solutions for addressing lowered 401(k) balances and other financial protection concerns.
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Transamerica Finds Back-Office Efficiency, Accuracy Through Insourcing
Asset manager saves money and improves the accuracy of data by pulling fund administration back in-house.
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Futures Exchange ELX Blends Hosted and Homegrown Ops Platforms
Billing and member communications are two of the functions for which the nascent exchange has turned to software as a service.
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Document Automation Helps Diversified Investment Advisors Decrease Ops Budget by $1.3 Million
Print-on-demand capabilities help investment advisory firm eliminate manual document generation processes.
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10 Trends That Are Reshaping the Wall Street Back Office
With new regulations on the way and calls for greater scrutiny and transparency into how financial instruments are priced and cleared, the importance of a strong back office is destined to receive a lift this year. Here are 10 developments that are reshaping Wall Street's operations departments and the technology they use.
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Global CIO: Salesforce.com CEO Benioff On IT Scams And Cloud Power
Column about Salesforce.com CEO Marc Benioff's strategy for pushing his company's cloud-computing approach more deeply into enterprises with Chatter, professional services, and the simplicity that the cloud can offer.
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Vidyo Releases Videoconferencing System
The VidyoRoom HD-220 steps into the telepresence arena with Cisco -- at a fraction of the cost.
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HP Expands Security Portfolio
By adding new security services and integrating them, HP aims to simplify enterprise security and regulatory compliance.
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Boxed Software Revenues Slipping
The 7% dip in 2009 was an improvement over the double-digit drop in 2008, and came on sales of Microsoft Windows 7 and Apple Snow Leopard.
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Tech Venture Deals Down In 2009
The networking and equipment category recorded just a 5% decline in venture capital investment -- a relative bright spot in the technology sector.
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Astronaut Tweets Breakfast Order
NASA's T.J. Creamer, who became the first person to post an update to Twitter from space, is providing new updates about his mission.
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Gibbs: Bernanke Has Votes for 2nd term
Federal Reserve Chairman Ben Bernanke will be confirmed by the U.S. Senate for a second term, President Barack Obama's spokesman predicted.
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House Eyes Abolishing Fannie, Freddie
A House panel is preparing to recommend that troubled quasi-public U.S. mortgage finance firms Fannie Mae and Freddie Mac be abolished, its chairman says.
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