New Staff Tasked to Deliver a Digital Transformation Officials at the Bank of Ireland recently announced that they have begun recruiting to fill 130 technology positions whose mission will be to deliver on an “ambitious digital agenda.” Part of that digital agenda is likely to include support for the bank’s securities trading activities even… Read More >>
Wipro Buys Capco for $1.45 Billion
Acquisition Expected to Close by June 30 The London-based Capco, a financial services and technology consultancy, will become part of Wipro Ltd., the Bangalore-based global IT and services provider as a result of a $1.45 billion acquisition. The agreement will enable Wipro to offer “digital, consulting and technology services to financial institutions in the Americas,… Read More >>
FINRA Appoints a New President-CEO
New FINRA Exec from Cleary Gottlieb Steen & Hamilton The Financial Industry Regulatory Authority (FINRA) reports that its board has named Robert W. Cook as its president and chief executive officer, “effective the second half of 2016.” He succeeds Richard G. Ketchum, chairman and CEO since 2009. Cook joins from Cleary Gottlieb Steen & Hamilton… Read More >>
Lombard Risk Hires from RBS to Fill CEO Post
Lombard Risk Management Names New CEO Lombard Risk Management plc, a provider of integrated collateral management and regulatory reporting solutions for the financial services industry, reports that Alastair Brown has joined its board as CEO. Brown will report to Philip Crawford, who will continue to serve as executive chairman for the remainder of the financial… Read More >>
SEC to Use Kx Systems’ kdb+ Database
Kx Systems, a vendor of high-performance database and time-series analytics, has has been awarded a contract by the SEC for use of its kdb+ software in supporting its ongoing IT objectives, vendor officials say. The Kdb+ database system has a built-in, time-series query language called q that allows unified access to streaming, real-time, and historical… Read More >>
Kx Upgrades Flagship Database
High-performance database vendor Kx Systems has extended elements of the multi-threaded data retrieval of version 3.2 of its kdb+ database software, which is based on the “q” programming language, officials say. The multi-threaded data retrieval extensions “can significantly speed up processing in some applications,” Kx Systems officials say. “Kx has also expanded the capabilities of… Read More >>
