State Street said it acquired Complementa Investment-Controlling AG, a Swiss supplier of investment performance measurement and analytics services.

CME Group said it set new monthly records for clearing both interest rate swaps and credit default swaps.

After nearly three years of research and development, PNC Wealth Management has rolled out PNC Wealth Insight, a new tool that allows clients and advisors to watch and manage investments online.

CBOE Stock Exchange said it agreed to acquire the National Stock Exchange, an all-electronic stock exchange now based in Jersey City, N.J.

Data theft and misuse by employees has plagued Wall Street firms for years. Here’s what to do to protect yourself from threats inside your organization.

Merrill Lynch said it rolled out an enhanced set of algorithmic trading tools that allow market participants to tune settings on strategies down to each order that is to be executed.

The twin needs for organic growth and expense reduction are driving insurance technology investment, new research from IVANS, Inc. indicates.

Advisor Software, a provider of wealth management applications for financial advisors, announced that its goalGetter financial planning application for the iPad is now available for free download from Apple’s App Store.

Managers of U.S mutual funds, separately managed accounts and other asset pools are pretty concerned about whether they calculate their risk exposure and performance results correctly and report correctly to regulators and clients.

The Association of Divorce Financial Planners on Friday awarded its annual Pioneering Award to Dan Caine and Wendell Smith, the founders of Family Law Software Inc., for developing tools that help advisors work with couples going through a separation.

The Securities and Exchange Commission charged the co-founder of institutional money manager AXA Rosenberg with securities fraud for concealing an error in the computer code that helped the company manage risk for its customers and itself.

Putnam Investments has unveiled a redesigned website that provides advisors with advanced portfolio modeling capabilities, practice-management resources and a social media component for sharing and surveying information on Twitter and Facebook.

The Securities and Exchange Commission is no longer going to be a wholesaler of publicly reported data, according to an assistant chief counsel. There will now be an 'enormous focus' on data on derivatives and other products that until now has not been otherwise available.

Planning to maximize Social Security benefits is becoming a service that clients expect advisors to provide, according to a new survey from a Nebraska-based software provider.

The commercial technology arm of NYSE Euronext said it began marketing a Windows plug-in that will deliver market data in real time to the desktop computers of traders.

The movement of credit-default and other forms of complex financial swaps into electronically managed and centrally cleared markets may be increasing rather than lowering risk, Michael Bodson, chief operating officer of Depository Trust and Clearing Corporation said Tuesday at SIBOS 2011 here.

We finally have some numbers to attach to all the discussion surrounding social media for financial advisors. The people at Nielsen (the same people who measure television audiences) recently released a report detailing social media use in the US. The report is rich with actual numbers and data. While you can read the report yourself, I thought it might be helpful to hit some of the highlights here.

Upping the ante in advisory firms’ technology integration battles, TD Ameritrade is touting an “open platform” as a differentiator ahead of an October launch of its Salesforce product for advisors.

Investment Technology Group said it is adding Japanese stocks to its POSIT dark pool. The agency broker and financial technology developer said it expected strong demand for its "liquidity aggregation" platform in Japan, following launches in Hong Kong and Australia.

Whether analyzing a trade before you make it or processing it afterward, Deutsche Bank says there’s an app for that.