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AllianceBernstein Holding LP upgraded its virtual (robot) assistant, known as Abbie, enabling her to suggest the best bonds to buy and sell based on pricing, ease-of-trading and risk. Abbie 2.0 can scan millions of data points to filter the universe of outstanding bonds in seconds and identify potential trades to portfolio managers, Bloomberg reports. View page
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Cyber Security: If You Are Not Compliant, You Are Not Secure
If there is one phrase dreaded by all types of businesses in the US, it has to be “government regulation.” So it was surprising to hear nearly all the speakers at the 2018 Global Cyber Security Initiative meeting last Friday agree that what their industry really needs is more regulation. That almost unbelievable claim does come with a number of caveats, however. The afternoon session began with Dr. Sujeet Shenoi, F.P. Walter Professor of Computer Science at the University of Tulsa, who scared the crowd with stories of just how vulnerable our cyber-infrastructure is. This point has been made...Read more
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