CORE DUMP
CORE DUMP
Correction: Chase Manhattan senior vice president of technical service Doug Williams does not report to chief information officer Craig Goldman. Both executives report to corporate head of operations and systems John Scicutella.
Hire! Hire! Hire! Former president of the EJV Partners L.P. Bruce Peterson surfaced in Wayne, Pa., last week as chief executive officer of SunGard Financial Systems Inc. Departing SunGard's CEO spot is David Wismer, who'll now focus on mergers and acquisitions for the vendor. Peterson left the EJV shortly after Liberty Brokerage Inc. signed on as the partnership's seventh and managing partner.... NeXT has hired Angela Spearman as director of professional services. She was previously director of engineering at Santa Cruz Operation.... Mabon Securities is adding to its equity derivatives department. Among others, the firm hired Douglas Olson away from Prudential Securities. His Mabon title is vice president of quantitative systems and sales.... IntuTechnics Financial Markets signed on former Market View staffer Betsey Burke to cover new business with major accounts. Burke will be based in Chicago....
Fire! Fire! Fire! Bank of Boston has dismissed its CIO Michael Simmons. The ouster was part of a general corporate blood-letting that was initiated at BOB late last month....
Meanwhile, according to the help-wanted ads, Merrill Lynch is looking for a business reengineering associate to work in its global operations and systems division -- a group that may no longer exist (see related story, this issue).... And ADP is looking for "principal members of the technical staff" to work in "the strategic architecture group." The principal members should have experience in C, C++, UNIX, client/server, TCP/IP. You get the picture.... And Smith Barney Shearson -- which may soon be known simply as Smith Barney -- placed a big ad in the Times: "Join the Leading Financial Services Firm for The 21st Century." SBS is looking for a wide range of technology people, including applications development, software support and communications services personnel.
A number of vendors have recently released or begun beta- testing products to support the distribution of real-time market data by firms over their own WANs. San Diego, Calif.- based Simpact Associates Inc. unveiled a gateway communications server for Reuters' Marketfeed 2000, while Teknekron Software Systems is developing a Hewlett-Packard router to let customers take data fed to a single location and redistribute it from there to multiple sites. Among the data consumers that are doing so are Deutsche Bank.
The Chicago Board of Trade has apparently reached a decision regarding the trading room data distribution system that will support at least 250 users on the CBOT floor and elsewhere in its headquarters building. But the Board of Trade is playing it close to the vest for now. An early request for proposal sought bids on a 1,000-position system (TST, June 1, 1992); that was later revised downward (TST, Jan. 25). The CBOT had winnowed a large field of contenders to FD Consulting Inc., Micrognosis Inc. and Reuters. The short list later reduced itself to an even shorter list when Micrognosis purchased FD's product line (TST, July 26).
Anybody want to buy a Public Relational Database Management System? Sybase has turned its attention to some image issues in recent months. According to press releases, the vendor has debuted a new (dare we say it?) magazine, called SYBASE. The mag will be "the first publication to address the enterprise-wide client/server computing issues faced by Sybase customers worldwide." As if that weren't enough, Sybase has also appended a new subtitle to its corporate name. Instead of just plain old Sybase Inc., Sybase now refers to itself as "Sybase Inc., The Enterprise Client/Server Company." The new appellation carries with it a little superscript "TM" -- so anybody thinking about stealing the catchy new slogan can just forget it.
Meanwhile, SunGard Capital Markets Inc. -- which appears content with the four words in its current corporate name -- has announced the release of a Structured Query Language implementation of The Devon Derivatives System incorporatiing Sybase's RDBMS.
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