Brown Brothers Harriman has launched a trio of new and improved information services that use data drawn from its sub custodian network. QuickIntelliViews aims to provide answers to the most frequently asked market intelligence questions in a concise, user friendly
The three main insurers in South Korea's $55 billion insurance market are facing growing from local firms acquired by foreign buyers such as ING Group, Prudential and MetLife, according to a Reuters report. The foreign players claim a 32.1 per
GL TRADE, the Paris based supplier of trading technology, says its first half turnover of EUR72.8 million was up 16.5% on last year. This includes the activities of Misys Securities Trading Systems (MSTS) and GLESIA, acquired towards the end of
ABN AMRO has become a General Clearing Member of the Italian Derivatives Market (IDEM). The IDEM membership means that ABN AMRO will now be able to provide direct clearing capability coupled with execution services ranging from electronic self execution to
Global Payments Inc. says its Prague based, majority owned subsidiary MUZO, has signed an agreement with Home Credit & Finance Bank (HCFB) Russia, to provide payment card processing and issuing services for the Bank's new, revolving consumer credit program. HCFB
Taxware, the provider of tax calculation and compliance solutions owned by First Data Corporation, has developed a transaction tax application that accommodates the Value Added Tax (VAT) rules and regulations of Bulgaria, Romania and Turkey, the next three countries seeking
Following an externally audited portfolio return of over 50% on his closed ended US equity long short fund in 2003, Clint Dove will be launching the Saffron US Equity Fund in August. This directional fund will use the same combination
DST International (DSTi) says it is creating Global Compliance Office, a compliance library that will be available through DSTi's HiCompliance application. A team of DSTi consultants will continuously monitor and update DSTi's set of rule definitions, leveraging the company's global
Zurich Financial Services has outsourced IT servicing to Computer Sciences Corporation (CSC). The deal, worth $1.3 billion, is for seven years. CSC will provide a range of applications, development and maintenance services in the United States, Britain, Switzerland and Germany.
Swapstream, an electronic trading platform for medium and long term interest rate swaps, is increasing its quote size to EUR800M on bid and offer, and without widening spreads. The firm claims the improved liquidity confirms a market shift towards e