SunGard says that intelliMATCH EP (a matching, reconciliation and exception processing solution) has acquired a SWIFT Ready Gold label for a fifth consecutive year. It was accredited for reconciliation of both securities and cash. "We were pleased to award the
Integrated Decision Systems, a US based supplier of portfolio management and compliance systems to fund managers, prime brokers, and wealth managers, has relocated its headquarters from Los Angeles to New York. "IDS has begun an expansion in sales, product and
Integrated Decision Systems (IDS)has appointed Barrett Foster as Vice President of Sales. "We are very excited to be adding Barrett to our team," says Don Totter, CEO of IDS. "Barrett has extensive experience leading international sales teams. His success is
Citigroup has appointed a new head of its prime brokerage unit as part of a broader campaign to compete in the lucrative business of servicing hedge funds, according to an internal memo. Ali Hackett, formerly Citigroup's head of global futures,
BearingPoint says Mark Gembicki has joined the company's homeland security practice as national managing director for critical infrastructure protection. At BearingPoint, Gembicki will lead the Critical Infrastructure Protection practice providing executive level management and security solutions to help corporate and
HFR Asset Management says its hedge fund assets under management have surpassed $2 billion. HFR says its funds growth in the past year was due to strong global demand for transparent hedge fund products linked to HFR fund of funds
UK Chancellor Gordon Brown is to press ahead with his plans to reform the taxation of pensions in the United Kingdom, despite growing controversy over his claim that "only" 5,000 people will be affected by a proposed cap of 1.4
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 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
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