Practice

Clearinghouses, not regulators, should be responsible for imposing risk management practices on clearing brokers when it comes to monitoring their end customers, says the trade group representing futures commission merchants.

Fidelity Information Services tops the rankings in 2011 of the largest financial technology vendors in the world, according to the eighth annual FinTech 100 survey compiled by IDC Financial Insights, American Banker and Bank Technology News.

Financial Tracking Technologies said its insider trading detection technology has been expanded to cover international markets.

The Hartford is taking part in the upcoming National Save for Retirement Week of Oct. 16 with the “It’s In Your Power Campaign,” based on superheroes.

Having gone into bankruptcy, Financial Research Corp. is now being evaluated by Strategic Insight parent Asset International for potential purchase.

In the wake of economic and stock market volatility, many 401(k) investors are questioning the wisdom of 401(k), 403(b) and 457 plans, a survey by Allianz Life Insurance Company finds.

LPL Financial Retirement Partners has rolled out the next iteration of its portfolio of tools for retirement plan advisors working with plan sponsors.

The Hartford is taking part in the upcoming National Save for Retirement Week of Oct. 16 with the “It’s In Your Power Campaign,” based on superheroes. The campaign, aimed at 1.4 million participations in 32,500 plans, shows two superheroes flying around on scooters, enjoying leisure time with friends and family and generally just enjoying being retired.

Advisor Software this week launched goalgamiPro, a web-based financial planning tool that lets advisors create and maintain multiple household balance sheets to help prioritize and access their clients’ long-term financial goals.

Citigroup is adopting a managed service from Fidessa Group for tracking orders and executing trades globally in listed derivatives.