Diary

KPMGC GPMGs KPMG

Anyone with an ironic turn of mind will be amused by the disclaimer KPMG Consulting attached to the announcement of its upcoming quarterly results on 7 August "KPMG Consulting, Inc. is an independent consulting company, no longer affiliated with KPMG

Euroclear Becomes Second Famous Belgian

Euroclear is working hard to dispel its cruel but efficient image, so there will be much rejoicing among the spin doctors at Boulevard du Roi Albert II that the Brussels based ICSD is the inaugural "Brussels Company of the Year."

BNY's Perna At Centre of London Death Threat Case

Tom Perna, the public face of the custody business at Bank of New York, was among the executives to receive death threats from a London based animals rights fanatic, according to a report in The Times of London today. The

Who Will Buy Which Parts of Deutsche GSS?

The future of Deutsche Bank Global Securities Services (GSS) is now being plotted, apparently by an internal team rather than external advisers, who could probably take a more measured look at what is possible. The team, led by Juergen Fitschen,

Capco Says GSTPA is Not Dead But Undead

Red faces all round at post modern consultancy Capital Markets Company. Yesterday a company newsletter the portentously titled Institute Briefing on Operations and Technology Solutions let slip what everybody knows but nobody dares to say the GSTPA is no longer

Refreshed Alistair Reid Set For Return

How long can a securities services industry breathless with excitement about fund management in sourcing do without a man who toiled for twelve years at the operational end of a fund manager before switching to the custody business eight years

Financial Sector Adopts The London Triathlon

Employees from many financial companies are dominating the entrance in this year's London Triathlon on Sunday 11 August 2002, in London's Docklands. With 39% of last year's participants coming from the square mile and an even higher percentage looking like

Revelations Rides Again, in Belgium

Politicians are often attacked for opportunism. But it is their beliefs which are more worrying. The news that two senators in Belgium the socialist Jean Corneil and the Green Jacky Morael have urged the highest chamber of the Belgian parliament

No Sign of STP When It Comes to Expenses Claims

According to research by BACS, the automated payments clearing house owned by the major banks in the United Kingdom, corporate Britain is wasting 100 million a year paying over half the 170 million expenses claims it receives by cheque. If

Will SunGard Put Axion4 Out of Its Misery?

SunGard, the wannabe Third Force in Virtual Matching Utilities (VMUs), may have hit upon the perfect solution to its lack of technology buying axion 4, the joint venture company which built the Transaction Flow Monitor (TFM) for the Global Straight