August 2008

Now in its fourth year, Wall Street & Technology’s Gold Book contains profiles of some of the most innovative and successful technology executives in the industry. This year many Gold Book honorees cited finding and nurturing technology talent and data center-related projects as their top priorities.

Where Are They Now? Life After Wall Street

Former CIO Gavazzi Launches Risk Alert Provider

Trent Gavazzi, a former Wall Street CIO, has launched QuickWaters Software, a consolidated risk management alert software provider.

Former Ameritrade CIO Richard Rzasa Has a New Life(Lock)

Twenty-four-year securities industry veteran joins ID theft protection vendor as CIO.

Catching Up With Technology Leaders


Analytics Help Firms Turn Data Into Opportunity

By Ed Garry, Senior Director, Capital Markets, Oracle Financial Services Global Business Unit
As the market continues to struggle, it is more important than ever for firms to provide tailored product and service offerings to clients.


Saxo Hires ex-Nasdaq Market Data Expert Thorball

Previously head of global data sales and market data at Nasdaq OMX, Thorball will oversee Saxo's global market data activities, covering prices, news and reference data.

Fidelity Hires Petrozzo as CIO

An industry veteran, Petrozzo will lead overall enterprise technology strategy at Fidelity and oversee the delivery and support of internal and customer-facing technologies.

Mazzarella Heads to Pyxis Mobile

Consumer prices for mobile devices have gone down and in spite of the current economic crisis, companies will continue to invest in mobile technology to become more efficient and grow their top line, Mazzarella says.

Industry Moves and Appointments


In a Matter of Months, CIOs' Agendas Turned Upside Down

Early in the summer of 2007, Wall Street was counting its good fortune. In early summer 2008, the markets are still trying to figure out what went wrong.


Enterprise Search a High Priority for Most Users, But Not for Companies

Study reveals that many businesses seem unaware of the importance of findability, with half the survey's respondents believing that findability in their organization is "worse" to "much worse" than their own organization's consumer-facing Web sites.

Survey Finds Financial Professionals Dissatisfied With Market Data Quality

SIFMA show poll finds 79% of financial professionals have issues with market data quality, with many saying they spend too much time validating data rather than analyzing it.

E-Discovery: IT Execs Are Overconfident and Underprepared

A new study shows that there is a big disconnect between IT executives' perceived and actual litigation readiness.

Tough Economy Calls for Tough Metrics

With current narrowing margins and market volatility, effective use of metrics can make the difference for asset managers, according to a new report.

Global Banks to Spend More on Trading, Risk Technology, Survey Says

A survey of 100 attendees of a London seminar found more than half ramping up trading and risk management tech spend.


ASC Releases Integrated Communications Recording Solution

Call Recording for HiPath TRADING IP provides computer telephony integration (CTI) and call-index data collection without a separate server.

SimCorp Integrates XpressInstruments to Reduce Risk

SimCorp incorporated XpressInstruments into its investment management system, saying users will benefit from reduced operational risk.

Pragma and Weeden Launch Second-Generation Anti-Gaming Logic

Available through OnePipe Optimal Liquidity Management System, OnePipe Lifeguard detects price manipulation strategies and estimates a fair price.