The London Stock Exchange Group said UBS AG became the first international bank to begin directly reporting market data usage, in real time.

State Street said it will cut 5% of its work force, as it accelerates its investment in new technologies such as "private processing clouds."

The wealth management center features commentary on a variety of financial planning subjects, including information on taxes, planning for retirement and other wealth-related strategies, and a range of investment and wealth management information, planning ideas and tools.

The best online experiences employ a kind of magic — and one of the Web's leading conjurors says banks can learn the tricks.conjurors

With 266 million users in North America, the Internet and social media have become a significant part of the financial services landscape.

Bank of America Merrill Lynch introduced a gauge of risk, hedging demand and investment flows, the bank and brokerage firm said, "is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators," such as the Chicago Board Options Exchange Market Volatility Index, or VIX.

Goldman Sachs introduced an upgraded version of its execution management system, designed to help traders carry out 'relative value' strategies aimed at cancelling out effects of broad market moves.

Risks can be mitigated by utilizing stronger data security programs, Ernst & Young report says.

Advisors may want to heed stats noting that Android and iPhone are crushing BlackBerry when it comes to business use and app development.

More IT spending will shift its strategic use to better understand customers and markets, boost sales opportunities, survey says.

Cambridge CTO will provide chief technology officer expertise for funds.

Bank of America Merrill Lynch said it will create a global service bureau for communications between banks on securities transactions.

After developing a new performance-reporting service among smaller firms, Morningstar rolls out its service for broker-dealers.

Nanex challenges SEC report that points to Waddell & Reed.

Prospects are spending more time online. Isn’t it time you had a Website that meets their needs?

Financial planners and investment advisors are moving broadly and quickly to adopt the Windows 7 operating system for their personal computers as well as the Apple iPad for their personal use, according to preliminary results of the 2010 Software Survey released Sunday at the Financial Planning Association's annual conference by Financial Planning magazine and virtual office consultant Joel Bruckenstein.

Equity markets in the United States suffered their second consecutive month of volume dropping more than 20 percent compared to a year ago. Daily volume is off 40 percent from May, the month of the market's Flash Crash.

Morgan Stanley has outsourced middle and back office services for its Alphas managed account platform to GlobeOp Financial Services.

Schwab study finds that strategy is key in effective deployment of tech services

Commissioners detail the trade that sunk the market, but won't comment on whose fault it was or what they're doing to fix the problem.