Bloomberg

Bloomberg
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FINTECH OCT 22, 2009
New version of trading platform launched by Fiserv

Fiserv, Inc. has released version 5.6 of its Investment Management Solution. The solution is a soup-to-nuts trading platform that supports everything from account screening and portfolio validation to order generation and trade execution.

RIA NEWS OCT 22, 2009
New Mexico's top investment official resigns amid federal pay-to-play probe

State Investment Officer Gary Bland has resigned amid a federal investigation into state investment deals and pressure to remove him by several members of the State Investment Council.

OPINION OCT 22, 2009
It's Payout Change Season!

Your payout is never as simple as it seems

REGULATION AND LEGISLATION OCT 22, 2009
U.S. House panel approves consumer protection agency

The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes.

FINTECH OCT 22, 2009
J.P. Morgan goes live with online target date tool for advisers

J.P. Morgan Funds is rolling out an online version of its target date evaluation program for advisers. The firm also is discussing developing a similar tool to help advisers analyze target risk funds.

RIA NEWS OCT 22, 2009
Ameriprise posts 3Q profit as sales rise

Mutual fund manager Ameriprise Financial Inc. on Wednesday reported a third-quarter profit, reversing a year-ago loss, as sales grew.

FINTECH OCT 22, 2009
With Windows 7 launched, advisers can start checking for compatibility using new Microsoft website

Microsoft Corp. today officially launched its Windows 7 operating system to the masses.

FINTECH OCT 22, 2009
New white paper helps advisers in understanding measurement of low-latency trading

Advisers interested in the technology behind ultra-high-speed trading should take a look at a newly published white paper from exchange technology provider Cinnober.

RIA NEWS OCT 22, 2009
Ameriprise shares jump on strong earnings, upgrade

Shares of Ameriprise Financial Inc. surged to a new year high Thursday after the financial services company posted a third-quarter profit that beat Wall Street's expectations, prompting an analyst to upgrade the stock.

FINTECH OCT 22, 2009
SEC launches investor education website

In what could be a bit of a make-good to investors after missing some massive fraud cases in the last year, <a href=&quot;http://www.investmentnews.com/article/20090913/REG/309139986&amp;ht=SEC &quot; target=&#8221;_blank&#8221;> &#8212;namely Bernie Madoff's $65 billion Ponzi scheme &#8212; </a>, the Securities and Exchange Commission has launched its first-ever website devoted exclusively to helping educate investors.