News

Franklin Templeton Buys FTI Reference Data Application

Financial Technologies International (FTI) says that Franklin Templeton Investments an existing FTI customer has bought its StreetReference reference data management application. StreetReference, along with the previously installed accounting engine StreetBooks, will form the foundation of a global information data store

State Street Buys The Rest Of TCM Firm Elkins McSherry

State Street has bought the remaining minority interest in Elkins McSherry LLC, the transaction cost management business in which it has held a majority stake since 1999. Terms of the agreement were not disclosed. Elkins McSherry, founded in New York

BNY Selected As Depositary By Linktone Ltd

The Bank of New York has announced it has been selected by Linktone Ltd. as depositary for its American depositary receipt (ADR) program. Each ADR represents ten ordinary shares of the company and trades on the NASDAQ under the symbol

Britannic Invests In New Technology

Britannic Asset Management has announced its investment in a new technology system developed by global technology provider AFA systems in order to support a robust multi asset administration infrastructure for its range of institutional pooled funds. The fully automated administration