Aviva Funds, the Luxembourg domiciled fund range of the Aviva group, has obtained authorisation from the Czech Securities Commission to distribute 24 of its sub funds to private investors in the Czech Republic. Aviva Funds has appointed Ceska sporitelna as
The European repo committee has urged all firms actrive in the European repo markets to confirmation of second leg of buy sell back transactions. At its most recent meeting, the committee noted that some firms currently only confirm the first
Thomson Financial says Evolution Beeson Gregory, the investment banking business of Evolution Group, has agreed to become a Retail Service Provider (RSP) on Thomson GlobalTOPIC. RSPs provide price quotation and trading services to private client brokers. Evolution Beeson Gregory joins
Germany's sixth largest bank, Landesbank Baden Wurttemberg (LBBW), is extending its use of the Cognotec award winning connectivity solution, AutoDeal, to become the first German bank to transact its EuroFX deals using a fully automated electronic dealing channel. In addition,
Aviva Funds, the Luxembourg domiciled fund range of the Aviva group, has obtained authorization from the Czech Securities Commission to distribute 24 of its sub funds to private investors in the Czech Republic. Aviva Funds has appointed Ceska sporitelna as
NADP Brokerage Services Group, a division of Automatic Data Processing, Inc. said the Product Development Group of its fixed income processing division achieved CMMi Level 2 certification for its continued efforts in managing business process improvements. The Software Engineering Institute
Lithuania's investment climate might be about to worsen, just as the eastern European country expected to enjoy greater global market inclusivity and capitalization after it joins the EU on May 1. This view was put forth this week in an
ISMA says that many repo transactions remain mismatched for long periods of time, which is common practice in speculative repo trading in the more highly developed US market. Currently some firms confirm only the first leg of buy sell back
Norwich Union, the UK's largest insurer, has agreed to sell the Norwich Union Mortgage Club (NUMC) to Bankhall, one of the UK's leading suppliers of intermediary services. The sale is expected to be completed by the end of the first
Sonic Software, a leader in distributed, standards based integration, and TeliaSonera Finland said they have successfully deployed an international corporate payments processing service. Its eCenter Messaging Service reduces corporate processing costs and improves cash management, the companies said. Built on