Carr Futures has appointed Fortis Bank Information Banking as their settlement agent for the Euronext derivatives markets. With the launch of C21 Derivatives on Euronext in September 2003, Fortis Bank Information Banking has introduced a new service for derivatives clearers
Front Capital Systems, part of SunGard, says Bank Nederlandse Gemeenten (BNG) has bought its FRONT ARENA system to support its interest rate derivatives, money market and structured loan activities. The bank is replacing its legacy structured loan system. A customer
The Bank of New York has hired a top performing investment team to manage US large cap growth equities for institutional clients. The team, formerly of Weiss, Peck & Greer, is led by C. Lennis Koontz, who will serve as
UK finance minister Gordon Brown has gone ahead with his plan to simplify the taxation of pensions in the UK. In his annual Budget, presented to Parliament today, he replaced all eight pensions tax regimes with a single regime, to
Hedge fund investors HFR Asset Management L.L.C. (HFR) as appointed Wilson "Bill" Santos to the newly created position of Chief Marketing Officer. Santos will lead the global distribution efforts for HFR Asset Management. His responsibilities will include overseeing and developing
OM, the technology arm of OMHEX, is to provide a trading and clearing system to MIBEL, the pan Iberian electricity market OM and EDINFOR ACE, a leading Portuguese systems integrator, have signed an agreement for the delivery of a trading
BT Syntegra has developed in conjunction with Cisco Systems a device called ITS Hotlink. The company says it increases productivity and improves customer service to trading floors by facilitating and enriching communication between ITS Turrets and Cisco IP phones. It
NetEconomy says the Saffron Walden Herts & Essex Building Society has chosen its ERASE UK Compliance Manager (ERASE) to improve its ability to identify, investigate and report suspicious transactions that indicate potential fraudulent or money laundering activity. "As a mutual
Vitria, a provider of business process integration solutions, has launched a series of applications for European healthcare and health insurance organisations, which aim to increase the efficiency of medical management and claims management processes. Based on the Vitria BusinessWare(TM)business process
TradeWeb says WestLB AG has become a dealer participant on its trading network, for European Government Bonds and Pfandbriefe Covered Bonds. WestLB is the 26th dealer to join TradeWeb, following the recent addition of UniCredit Banca Mobiliare on 2 March