Dalbar Inc., a financial services market research firm, has tapped an ex-insurance executive to start a division catering to the needs of compliance departments.
Compliance spending grew an average of 159% from 2002 to 2006, according to a report.
With the purchase, NYSE Euronext hopes to further improve their connectivity, transaction and data-management solutions.
If advisers haven't heard of extensible business reporting language, or XBRL, they soon will.
Online delivery of software tools and data to advisers will be the major focus of 2008 technology innovations, industry experts say.
Schwab Institutional will seek to acquire or partner with more technology vendors, a strategy that follows a doubling in the company's tech budget in 2007.
A top brokerage executive affiliated with a unit of Allianz Life Insurance Company of North America bought shares of unregistered investments created by Edward May, who was charged last month by the Securities and Exchange Commission with committing a massive $250 million fraud that victimized as many as 1,200 investors.
Schwab Performance Technologies said last Thursday that it has entered into an agreement to acquire Etelligent Consulting Inc., a registered investment advisory technology consulting firm.
Experts cite CRM, document management, web portals, integrated adviser platforms and RSS as areas of expected growth.
Schwab Performance Technologies has entered into an agreement to acquire Etelligent Consulting Inc.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
Advisers thinking about treating themselves this holiday season to new office PCs running Microsoft Vista should think twice: Only a tiny fraction of an adviser's core professional software is likely to be Microsoft Vista-compatible.
NorthStar Systems has rolled out a wealth management platform that includes a suite of services building on the company's many individual offerings.
When wooing Bancroft family heirs to sell him their controlling interest in New York-based Dow Jones & Co. Inc., K. Rupert Murdoch learned that money isn't everything.
Advisers have a new, largely undiscovered and relatively inexpensive online database for prospecting for wealthy clients or for researching the giving habits of those they already have.
As Securities America Inc. deals with the sting of losing one of its biggest advisers, the independent broker-dealer continues to tighten its compliance practices and procedures.
The technology-solutions provider has completed its $4.4 billion cash acquisition of CheckFree.
While spending on technology in the financial-services sector won't reach double-digit growth next year, it's likely to outpace growth in spending by many other big sector groups.
