DST International (DSTi) says Alberta Investment Management the investment operation of Alberta Revenue has bought its HiRisk application. The organisation will use HiRisk to model investment fund level and portfolio level risk for all asset classes, and to perform risk
Omgeo has published an account of an industry roundtable, which it says outlines why STP is a growing issue for both fund managers and trustees The report, entitled 'Should Fund Managers Care About STP?' looks at the results of a
The Investment Company Institute (ICI), the national association of the investment company industry, said that the combined assets of the exchange traded funds (ETFs) were $159.53 billion in February. That is up from $155.82 billion in January. Of that total,
Thomas Murray has given an overall public French domestic custody rating of AA to CDC IXIS, with a stable outlook. The ratings company said that CDC IXIS demonstrates a very strong French domestic custody offering and has been upgraded as
Trema, a provider of strategic software solutions for the financial industry, has named Rgis Castagn as General Manager, for Southern Europe, the Middle East and the Africa region. Mr Castagn brings over 15 years experience in the financial industry to
The Toronto Stock Exchange (TSX) had total market capitalization in February of $1.366 trillion, with year to date volume at 12.9 billion shares, RBC Global Services reported today. TSX Venture market capitalization was $24.3 billion. Year to date value on
LCH.Clearnet Ltd. has chosen ECOFIN's data models "Financial Instruments Data Model (FIDM(tm))" and "Middle Office Data Model" (MODM) as a core element of its next generation clearing applications. "FIDM(tm)" allows for the complete description of terms and conditions data of
Fimat USA, Inc., in a bit to become a significant player in the mortgage backed securities market, said today it had joined the Mortgage Backed Securities Clearing Corporation (MBSCC), a division of the Fixed Income Clearing Corporation. Fimat USA is
The Bond Market Association said today that U.S. Treasury Secretary John W. Snow will be its keynote speaker at its annual membership meeting in New York City on April 22 at the Waldorf Astoria Hotel. Also scheduled to speak are
SINA Corporation, a leading Chinese online media company and value added information service provider, announced today it had completed its purchase of Crillion Corp for an initial payment of about US$8.7 million in cash and 195,593 newly issued SINA shares,