BNP Paribas Securities Services has implemented CheckFree's TradeFlow TPM solution, a technology that automates the Foreign Exchange (FX) deal matching and settlement service offered to clients. TradeFlow TPM was implemented at the end of 2003 and processes FX trades from
AXA Investment Managers (AXA IM) and State Street Corporation (State Street) says they have entered into exclusive discussions to transfer the fund administration and investment operations support for AXA IM in the UK, France and Germany to State Street. AXA
The Depository Trust & Clearing Corporation (DTCC) has appointed Steven H. Carey as vice president of Security. In this new position, Carey will be responsible for overseeing internal security at DTCC's multiple locations, as well as establishing key relationships with
Wachovia Corporate and Institutional Trust has been appointed stock transfer agent and employee stock purchase plan provider for the John H. Harland Company. Headquartered in Atlanta, Georgia, Harland is a provider of software and printed products to the financial institutions
Financial Technologies International (FTI) says it has launched StreetConsolidator, a tool for consolidating and presenting information. It integrates FTI's reference and financial data management solutions, to enable firms to centralize and consolidate data across business units. "A holistic view of
Metrics Partners, a provider of third party messaging support for investment technology companies and The McHenry Group, a provider of risk management software, have formed a partnership. The aim is to serve the needs of asset manufacturers, retirement service providers,
The Bank of Japan has decided to invest in improvements to the BOJ Net funds transfer system used by banks to settle Yen trades and JGBs. A task force will solicit opinion from the private sector. Over 400 financial institutions
Consider a scenario in which the stock market drops 30% in one year, not unlike the asset erosion that occurred between 2000 and 2002 in the U.S. How does an investment advisor counsel a client who is now shell shocked
The aftermath of the terrorist attacks in the U.S. on September 11, 2001 spurred obvious concerns over security, especially for diplomats whose safety is often deemed in jeopardy not only in third world capitals but also in high profile targets
The Stockholmsbrsen and Helsinki Exchanges will "harmonize" their trading hours for stocks and derivatives in line with the creation of one integrated Nordic and Baltic home market. The new trading hours will be 09 00 17 30 CET, they said.