New research from global market research firm Crisil Coalition Greenwich shows hopeful sentiment from sell-side electronic trading desks that a series of woes besetting the industry of late may soon be reversed. This will be good news to buy-side firms that have had to deal with inadequate customer service, as sell-side electronic trading desks contend… Read More >>
State Street to Buy CRD for $2.6 Billion
Custodian giant State Street Corp. is moving to acquire investment software vendor Charles River Development (CRD) for $2.6 billion and plans to combine CRD’s front- and middle-office software as a service (SaaS) offerings with State Street’s technology to create a more comprehensive transaction processing system, tailored to new buy-side demands. The $2.6 billion acquisition will… Read More >>
