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.

The transmission of market data messages hit a new peak of 6.1 million messages a second Monday, as financial markets whipsawed in reaction to "news and rumors about the debt crisis in the Euro zone,'' Exegy said Tuesday.

Long-only institutional traders are widely worried about the impact of high-frequency trading programs on the shape of equities markets, according to a survey conducted on behalf of Liquidnet, operator of a venue for trading anonymously in large blocks of shares.

The latest incarnation of TD Bank's buildup of a broad social media program for North America -- the embedding of Twitter staff within the contact center -- is only a few months old, but the bank has already discovered the formula to win an impressive spike in the use of social media to resolve customer queries.

SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.

The Securities and Exchange Commission this week said it’s in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.

Fidelity Investments’ RIA custodian business has announced a new tool, Technology Investment Evaluator, to help advisors run their businesses more efficiently.

Fidessa said on Tuesday that Ruffer LLP, a London-based investment management company, has gone live with its Buy-side Workstation to execute trades in global markets through 50 broker-dealers.

Real-time risk management is the holy grail for many financial institutions. The reality: the majority of banks cannot calculate the true risk of new deals to their business intraday because they continue to rely on stale inaccurate data.

Video can make a big difference in the effectiveness of your website. Most websites, including financial advisor sites are about conveying information. The easier you make your content to process for your visitors, the more likely they are to stick around. Video is a great way to do this.

The trade group representing clearing agents and exchanges in the futures market says that the Commodity Futures Trading Commission has underestimated the costs of potentially requiring broker-dealers and clearing firms to record phone and electronic communications and store records.