MTS has appointed Carlos San Basilio Pardo as Head of Participation and member of the Committee of the CEO of MTS S.p.A. and Chief Executive Officer of MTS Spain. "We are very pleased to welcome Carlos San Basilio Pardo as
Penson Worldwide, the Dallas based broker dealer and wealth management clearing company, has acquired California based Nexa Technologies, a provider of direct access retail brokerage services. Penson also announced the appointment of Eric Stoop, President, Nexa Technologies, as President, Integrated
Dutch insurer AEGON has bought a performance measurement and attribution tool from Financial Models Company called FMCSylvan. AEGON Nederland, with Euros 52 billion under management, joins AEGON's UK operation as a user of FMCSylvan. In addition to the software's core
BNP Paribas Securities Services has appointed Jennifer Bertie as Head of its New Zealand Branch, based in Wellington. She will start work on 1 October 2004, reporting to Gail Burke, Head of BNP Paribas Securities Services for Australia and New
Front Capital Systems, part of Sungard, has released a new version of its FRONT ARENA Treasury Trader for foreign exchange and money markets. It can process more than 70,000 trades per hour. The key feature in the new release is
ING BNY Securities Services, the commercial alliance between ING Group and The Bank of New York, has been chosen by Hamburg Mannheimer N.V., Belgium to provide global custody services for the German life insurer's Euro 900 million assets worldwide. Eric
The London Stock Exchange has unveiled an enhanced data offering, aimed at fund managers, wholesale brokers and private client brokers looking to upgrade from the Exchange's entry level data product. The so called Level 1 Plus service will provide market
Global Advisors, the specialist commodities alternative asset manager, has signed a deal with Transact, a portfolio wrap service operated by Integrated Financial Arrangements, to offer IFAs and their clients access to the Global Advisors energy and metals fund. IFAs can
SWIFT has started pilot traffic activity on SWIFTNet Funds. "The growing focus of the funds industry on standardizing and automating processing is demonstrated by the commitment of leading players to SWIFTNet Funds," says Francis Remacle, head of the Securities Industry
Radianz says that MTS S.p.A., the European electronic bond trading platform, has extended its relationship with Radianz for another three years. "MTS is established in the wholesale fixed income arena as the widely acknowledged European benchmark," says Gianluca Garbi, CEO