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Google has launched a test version of a financial news portal, aiming to draw users away from rivals like Yahoo! and Microsoft Corp's MSN. Google financial service is divided into channels that provide summaries of the market, stock quotes and links to news, blogs and group discussions. "Our goal with Google Finance," the company said in an official statement, "is to enhance the user experience when searching for financial information and make this information useful and digestible for all types of users. Google Finance also strives to offer users a new way to understand stock performance." Some of the highlights in Google Finance Beta include: * Interactive Charts – Google Finance takes financial charts one step further by mapping market data with corresponding news stories in one interactive chart, so users can track news to stock performance. In addition, use... (more)

Life after Bankruptcy

Personal Bankruptcy on Ulitzer While filing for bankruptcy one should be aware of the financial difficulties that he would be enduring in the long run. Once bankruptcy is filed it remains on the credit report for the next 10 years and that makes him well aware of the fact that he will loose the ability to receive any type of credit, a mortgage or a bank loan. Sincere help from family friends and colleagues: After filing bankruptcy what is required the most, is full love and support from family, friends and colleagues. Only those friends who can help in times of need and are dependable should be invited with the full assurance of mental support as well. Budget expenses accordingly: Be responsible enough to plan out the expenses accordingly. A budget should be created according to the requirement, and should be followed religiously. A lot of savings is to be done to ... (more)

Used Car for Sale on Eurodb

When do you plan to put your used car for sale ? Were you not, since long thinking of replacing it with a preferred brand car or a fuel efficient automobile? Didn’t the added costs to replace to be added to the likely realization from sell your car prevent you from making a decision to put your car on sale? How vary are you of making a deal and more worried about getting the right value you perceive for your used car? Putting a sedan or SUV on sale after having it bristle you for years is really a difficult choice. You value its services and upkeep. Your emotional attachment does not allow you to settle for less than what you value it. But markets seldom work on sentiments attached by the seller and are ruled by functional utility value of the car for the buyer. Buyer value consciousness bar is rising day by day. Marginal utility value of a used cars is seldom given d... (more)

Transforming Business in Sweden

Sweden, Europe's undisputed leader in the Internet, is with Finland the world leader in mobile telephony. It's estimated that 50% of all Swedes have a mobile phone and are connected to the Internet. However, Swedes have not been especially good at transforming Sweden's world-class IT competence into new and profitable businesses. Until now. A change is currently underway and the Internet boom, mirrored in the Swedish stock market, has caused many traditional investors to start looking closely into Internet - and especially wireless - technologies. Swedish venture capital (VC) companies were traditionally very cautious. They were unwilling to take large risks, preferring to invest in securities portfolios containing blue-chip companies, and yielding a return of 15-20% over two years, which was considered reasonable. Now, though, the market for venture capital in Inter... (more)

SySys Develops Website for Prestigious Mutual Fund Awards Competition

DENVER, June 13 /PRNewswire/ -- As part of their ongoing effort to support investor education efforts in the mutual fund industry, SySys has developed the website for the 10th Anniversary STAR Awards competition for mutual fund companies, sponsored by the Mutual Fund Education Alliance. The prestigious industry awards program, which honors excellence in investor communications, education and marketing, will hold its gala celebration to announce the 2006 winners on October 18 at the Adler Planetarium and Astronomy Museum in Chicago. Companies interested in entering the competition should visit the site which provides detailed information on the program including a list of award categories, previous winners and entry forms at http://starawards.mfea.com/ or contact the MFEA at 816.454.9422, ext. 110. Entries are due July 17, 2006. SySys, a long-time partner of the MFE... (more)

Investment Professionals Discuss 2007 Stock and Bond Markets and Economic and Regulatory Outlook at Winter 2007 Investment Press Briefing

NEW YORK, NY -- (MARKET WIRE) -- 03/30/07 -- At the Winter 2007 Investment Press Briefing held last month, investment professionals gave their projections for the stock and bond markets and the economy in 2007, and examined the regulatory issues that the investment management industry faces in the year ahead. The media conference was hosted by Millennium Media Consulting, an Arlington, Va.-based public relations and media consulting firm. A summary of the speaker presentations follows. Globetrotting for Real Estate Value "We think there are market inefficiencies outside of the U.S. where disclosure is not as frequent and less transparent," commented Robert Promisel, a principal with Adelante Capital Management LLC, an employee-owned investment firm headquartered in Oakland, Ca. which specializes in real estate securities and portfolios. "Investing in International p... (more)

SOA, RIA and the Human Factor

While delivering a talk on SOA I've asked the audience the following question, “What do you think is the driving force for implementing any technology or architecture in a decent size Enterprise?” The answers were typical – better code re-usability, accessibility… But I was looking for a different answer that has nothing to with technical merits of any technology.  Based on what I see in the real world enterprises, the main reason of implementing SOA (or any other IT initiative) are career goal of individuals working in this organization. People want to become more visible and move up the career ladder. Implementing SOA across organization can make enough noise to move them to the next level.   SOA Ground Up The SOA in your firm can evolve from the ground up. For example, an ambitious architect attends conferences, goes through training, reads... (more)

Israel Makes Strong TC50 Showing

Israel seems to have been the country with the single biggest foreign contingent at TC50 with no less than 6 of the 50 companies presenting on stage. Some more Israeli startups could be found in the demo pit, the exhibition space and just walking around the venue floor shopping for investors, customers and partners. Here is a round-up of the 6 Israeli companies that presented on stage: Registered Investment Advisors (RIA’s) typically provide advice to individuals with assets of $500K and above on average. The alternative to individuals with less assets are mutual funds which lack in transparencies (what your money is invested in) and individual attention (you get to talk to customer service reps, not the fund manager). Personalria wants to change all this by bringing the same high-end advice and investment transparency “rich folks” get to “ordinary folks” with much ... (more)

Five Reasons to Start a SOA Technology Company Now

I know, the economy is rough these days.  Myself, I'm unwilling to look at my mutual funds until we're through this.  However, when times are tough, markets normalize, and while the stock holders and venture capitalists out there are crying in their beers, now could be a great time to start something new for those innovative and resourceful few. The idea is that when it does not seem like a good time to start a company, typically that is the best time to start a company.  In this case you’re looking to bring in second generation technology, or technology created out of the lessons learned in the first.  Thus, you have a better understanding of the problems at hand, and how SOA technology can solve those problems.   There are huge opportunities here, as long as you make the right moves. So, here are five reasons why you should start a SOA technology company now: The c... (more)

XBRL Blog Magazine: Corporate Actions Conference, May 28, 2009, New York, to Feature Speakers from NIRI, SEC, NYSE Euronext, FDIC

NEW YORK, April 2 /PRNewswire/ — XBRL US and Securities Operations Forum jointly announced that top-name speakers will be presenting at a one-day conference, Corporate Actions 2009: Improving Issuer-Investor Communication by reducing risk and cost through technology standards, on May 28, 2009 in New York City at the Westin Times Square. This conference will explore how issuers can benefit from adopting information and technology standards for the creation, processing, distribution and analysis of corporate actions data. Speakers at the conference will include: -- Jeff Morgan, President and CEO, National Investor Relations Institute -- David Blaszkowsky, Director, Office of Interactive Disclosure, Securities and Exchange Commission -- William Lutz, Deputy Director of the Office of Interactive Disclosure, Securities and Exchange Commission -- Jack Reerinck, Global C... (more)

Were You Hit By the $23 Quadrillion Error?

Reports are flying around the Internet about people using their VISA debit cards and seeing errors on their billing statements for charges of $23,148,855,308,184,500.  That’s 23 QUADRILLION dollars.  For perspective, that’s: 68,690,965 Airbus A380s 3,858,142 Large Hadron Colliders 13,616,973 Space Shuttles 154,325 Space Shuttle Programs 1,622 times the United States 2008 GDP Of course, the additional $15 overdraft fee looks puny in comparison. That’s a pretty serious software bug and one that will cost VISA a lot of time and credibility to fix.  They’ve already indicated that the charges and the additional fees will be removed.  But in the meantime, some VISA holders are stuck with very empty bank accounts (these were debit cards, so they were directly tied to the card holder’s bank account). Back in October, I wrote about what to do when things go very wrong – when ... (more)