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U.S. courts generate huge amounts of paper every year--and shuffling, filing, retrieving, and arranging all this paper requires countless man-hours. It's all part of the increasing cost of government. Dale […]

Ticketless trading is changing the financial industry and more than just paper is at stake. While Wall Street struggles with alternative methods--from keypads to voice recognition--many institutions are already reaping […]

On May 16, buyside equity traders shuffling paper tickets moved a step closer to "seamless" trading and meeting T+3 time frames. That day Merrin Financial Inc. pulled the switch on […]

Customer service is a top business priority today. Satisfied customers more likely to be repeat customers. Vendors must stand behind their products, ready to answer questions, troubleshoot problems, and replace […]

In the old days, newspapers and other publications were set using hot type--casting metal letters and characters, arranging them backwards in a tray, arranging the trays into a page plate, […]

Synics have much to say about meetings. They are events at which you keep the minutes and throw away the hours. They have three problems: getting people to show up, […]

In some parts of the country, the construction business is in a state of slow recovery, while, in the West, it reels from a late recessionary hit. Ironically, demands on […]

The death of Taurus capped years of poor management at the London Stock Exchange. But will it learn from the errors of the past, and what effect will the recent […]

A mechanism for tapping an exponential growth market for the 21st century, the wrap account involves a partnership strategy for portfolio managers. But are they entering the evil empire or […]

There's distinct difference between just using technology and getting the most out of it; New York-based Chancellor Capital Management Inc. understands that distinction well. Chancellor relies on over 20 computer […]

With a burgeoning number of markets and investment instruments to cover, money managers report they want greater functionality in their portfolio management systems. Many money managers are moving into newer […]

Doug Bristol, the MIS director at Golden Age Fisheries, doesn't talk about the one that got away. He has a firm grip on how the company's network, which stretches from […]

For some time now the industry has concentrated on networking and how it will allow users to do this or that. File sharing, printing, and E-mail are the basic networking […]

Herzog Heine Geduld Inc. spent roughly two years and $700,000 transforming the information systems of its Manhattan headquarters at 26 Broadway into an all-electronic operation that eventually will encompass traders […]

Someone recently ended a conversation with me by saying, "Okay, so EDI me." A few years ago such a comment might have been surprising, or perhaps not even voiced at […]

The Tax Man's LAN The Wave of the Future. That's what the IRS' press kit on electronic filing of tax returns says on its cover. That doesn't seem so exotic. […]

People-oriented business processes can sometimes be automated by the people involved, rather than IT professionals, says Rick Taylor, VP of IT for Remec Inc., a maker of wireless infrastructure components. […]

URLs www.opcfoundation.org This site contains information on the OLE for Process Control (OPC) Foundation, an industry standard created with the collaboration of leading automation and hardware and software suppliers working […]

A Room Full of Winners "Most people aim at nothing in life and hit it with amazing accuracy," warns a poster above one of the computer stations in Rita Beard's […]

THE BOOM IN APPLICATIONS Trade shows are both exciting and depressing. You learn about new technologies, but little about new applications. Booth after booth is plastered with technical specs, but […]

EXPERT SYSTEMS and CORPORATE DATABASES Back in the Neanderthal days of computing, programmers waited in long lines for the computer on which they "hard-wired" the instructions of the program they […]

High-capacity rewriteable optical storage systems have come a long way in recent years. Expandable jukeboxes and huge optical platters take easy-to-access storage into the terrabyte range, a capability that's especially […]

Processing payroll is fairly straighforward. Someone keys in the transactions, and someone else reviews them for accuracy and the correct pay rates. Then the computer calculates the gross payroll amounts, […]

The furor and madness Over messaging standards and mail-enabled applications has more implications than meet the eye. Most network users are familiar with basic E-mail message services. What's on the […]

The General Accounting Office (GAO) warns that the stress-testing plan for the new Treasury Automated Auction Process System (TAAPS) is incomplete and may not detect system weaknesses before live trading […]

AS THE REFINANCE boom fizzles, mortgage lenders should reassess their processes, according to BearingPoint (McLean, Va.). A report from the consultancy says imaging documents and automating more processes will create […]

Just two days before the new Treasury Automated Auction Processing System (TAAPS) was implemented on April 29, the General Accounting Office (GAO) issued a report in a letter to Secretary […]

Lost In The Translation Bach in the early days of AI, when researchers tried to make machines do almost everything people could do (just short of making breakfast in bed), […]