October 2004

COVER STORY
Tapping the Pipeline
Automated trading is driving demand for low-latency data. In response, business units and IT groups are searching for ways to manage direct-exchange feeds before slow data drags down the bottom line.




SPECIAL REPORT: INNOVATION
Innovation In Motion
Tech leaders are focused on seizing new opportunities.

Measuring Up
Cost-cutting is no longer the only innovation yardstick.


BUSINESS LINES
Asset Managers' Priorities
When it comes to current technology priorities, asset managers are taking a longer view.

What's Old Is New Again
Straight-through processing is again in vogue, but this time it's being driven by internal cost pressures.

Basel II: Coming to America
Now that the accord will apply to the U.S. securities industry, some firms are playing catch-up.

Fine-tuning the BCP
As business continuity deadlines come and go, firms are still struggling to develop a foolproof plan.



FROM THE EDITOR
New Faces at WS&T


UP FRONT
--Performance-Attribution Spending Perks Up
--SOX Update: How Compliant Are You?

Dear CIO...
What are some examples of mission-critical business technology projects that Lehman is funding, and what are the benefits to shareholders and clients?


FOCUS ON: REGULATION
Looking for Trouble
Under new IT leadership, the SEC is upgrading technology to become a better watchdog and maintain market confidence.


CIO CHALLENGE
IT Architecture
Industry consolidation, new computing standards and a move to horizontal business structures have IT architects' plates full. To build a cohesive strategy, they need to leverage architectures across an organization, bust down technology silos and meld newly acquired units.


PRODUCT WATCH
Innovative Technologies & Services
--iLumin Addresses SOX
--SunGard's Overlay Management
--Postini Tackles More Than Spam


SHIFTING GEARS
People & Careers
--PFPC Hires John Korn
--MONY Compliance Chief Jumps to D & B
--SunGard Appoints Odho as SVP
--Keeping Tabs


PERSPECTIVES
Que Es Mas Macho?
Wall Street has always been about macho. Who has the power, who gets the Quan (see: Jerry Maguire) and who's on top of the pecking order.