Mellon European Fund Services (MEFS) today welcomed the issue on 30 July by the Financial Services Authority (FSA) of Consultation Paper (CP142) .It set s out draft guidance to firms on operational risk systems and controls, including the management of
Strone Macpherson, Executive Deputy Chairman of Misys plc, has announced his intention to step down from the Group. Strone, who is 54, will step down from the Board following the Annual General Meeting on 1 October, 2002 but is to
BISYS continues to defy the gloom enveloping much of the securities industry, reporting record results for the year ended June 30. "We are extremely pleased with the strategic and financial results of our fourth quarter and fiscal year 2002, which
DST International (DSTi) has signed another user to its HiContact AWD workflow management solution. Ansbacher Investment Services (AIS), a division of Ansbacher and Co Limited, specialises in providing multi manager investment solutions to high net worth individuals around the world.
Investment Company Institute President Matthew P. Fink today welcomed the House and Senate conferees agreement on comprehensive corporate reform measures. "Congressional conferees took a meaningful step today to improve the accuracy of the financial reporting system that is essential to
ReFlow Management Co., LLC, an investment service company founded by Gordon P. Getty, today launched an innovative way for mutual fund managers to address the daily liquidity needs that arise from net shareholder redemptions. ReFlow is a benevolent shareholder that
BISYS announced today that Enterprise Capital Management has appointed the firm to administer its new, private labeled individual(k) retirement plan, the pension alternative that became available for small business owners under the provisions of the Economic Growth and Tax Relief
Excellent comments on the inefficiency of the mutual fund industry in the UK. It reminds me of the situation that has existed in Information Technology, where the suppliers and professionals involved have a self interest to maintain the complexity in
Hemscott, the retail financial information provider, has developed and launched a new web site to help investors identify and track their current and potential investments for signs of US style accounting tricks in the financial reports of UK and Irish
INDEXCHANGE Investment AG, the HypoVereinsbank subsidiary which deals in Exchange Traded Funds (ETFs), will launch fourteen new Dow Jones STOXX 600 Europe sector ETFs on the Deutsche Borse on July 22. With the addition of these new ETFs Europe will