BISYS announced yesterday that it had obtained a consent and waiver from the lenders under its Senior Unsecured Credit Facility. The consent and waiver relates to the default under the Credit Facility that occurred when the Company was unable to
Invest Northern Ireland, the inward investment agency for Northern Ireland, has opened an office in New York to help persuade US financial services firms to set up software development, data management and call centre operations in Northern Ireland. To celebrate
The NASD on Wednesday last week fined 15 retail brokerage firms a total of $34 million for giving certain mutual funds special treatment in exchange for getting brokerage business from the funds. Such arrangements known as "directed brokerage" and "shelf
EL SEGUNDO, Calif. Computer Sciences Corporation today announced the results of a service performance benchmark of its life and annuity business process outsourcing services. In the benchmark, CSC found its service levels ranked higher in all categories than the industry
William Blair Funds announced the newest addition to its mutual fund family, the William Blair Emerging Markets Growth Fund. This fund is designed as an open end mutual fund that aims to invest at least 80% of its assets in
Assets in multimanager products a segment that includes both funds of funds and manager of managers vehicles expanded by 30% during 2004 to exceed US$960 billion, according to the most recent Cerulli Quantitative Update, Global Multimanager Products 2005. Expansion in
JPMorgan is celebrating two milestones in the asset management arena. The first sees the firm reaching its two year anniversary after acquiring full ownership of JPMorgan Retirement Plan Services, and, for the second, the organization has announced that it has