News

Financial Tradeware Expands With 4 New Appointments

Financial Tradeware Plc, provider of STP Portfolio Management and Brokerage software for Investment Managers and Hedge Funds, has announced the expansion of its European operations with 4 new appointments 2 in the UK and 2 in Italy. Financial Tradeware has

CHIPS And SWIFT Working Together For Improved Efficiency

CHIPS (Clearing House Interbank Payment System) has announced that it will begin to accept large value payment transactions via SWIFTNet in addition to accepting them over its private TCP IP Network. CHIPS customers will benefit from communications flexibility and efficiency,

Netik Hires New Director Of Ops For EMEA Region

Netik, a securities data management and reporting company, has announced the hire of Roy Lee as its new Director of Operations for the EMEA region. Lee will report to Keith Hale, Managing Director in London. In this new role, Lee

MasterCard Advisors Buys TowerGroup From Reuters

MasterCard Advisors, a subsidiary of the MasterCard credit card group, has acquired the financial services industry research and advisory firm TowerGroup from Reuters. MasterCard Advisors is a consulting, research, outsourcing and information products and services provider, and it believes Tower

Citigroup Close To Closing Koram Bank Purchase in Korea

Citigroup is reported to be close to finalizing a deal to buy a controlling stake valued at $1bn in South Korea's Koram Bank from a US consortium led by the private equity fund Carlyle Group. Carlyle has been in talks