SSISearch, the reference data service provider, is adding authenticated money market and commercial payments reference data to its armoury. The new service will be unveiled at Sibos in Atlanta, Georgia, in October. The extensions of the SSISearch Global Directory product
CSK Software has joined forces with IDS Scheer to create what the Japanese owned software company describes as "an integrated solution for the finance industry." In essence, business processes created and visualised with the IDS Scheer modelling tool (ARIS) will
Systems problems mean Nordea Denmark cannot send instructions for settlement in the Swedish market. According to the VPC in Stockholm, trades for value today and tomorrow with Nordea Denmark as counterpart will be matched manually during the day.
HEX Integrated Markets and the Finnish Central Securities Depository both are now owned by OMHEX are being sued by 22 banks and brokerage firms in Finland. The claim, amounting to about Euros 5 million plus interest, is related to value
DST International (DSTi) says that Daiwa SB Investments (HK) Ltd (Daiwa) the Hong Kong subsidiary of the Japanese fund management firm has bought HiPortfolio 3, HiCompliance and HiOrders for its investment management operations. Daiwa is a DSTi client of longstanding.
Dresdner Kleinwort Wasserstein and Fortis Bank claimed today to have executed the first ever trade of European Union Emission Allowances (EUAs) using a contract based on the International Swaps and Derivatives Association (ISDA) Master Agreement. London based environmental and energy
The former chief executive of Putnam Investments, who was ousted after the market timing scandal erupted at the Marsh & Mclennan owned mutual fund manager, will receive $78 million in compensation. Lawrence Lasser and Putnam entered into arbitration in January
Cable & Wireless claims to have signed up a number of banks to its Real Time Nostro (RTN) service during the first half of this year, as users or providers of data. Royal Bank of Scotland and Santander Central Hispano
Foreign insurance companies are relative small players in China's insurance market, but they are cherry picking the country's wealthiest clients at the expense of China Life and smaller state run foe Ping An Insurance, which still control a combined 76
The Canadian Capital Markets Association (CCMA) has published its response to the US Securities and Exchange Commission's (SEC) concept release on securities transactions settlement.