Societ Interbancaria per l'Automazione (SIA) the Italian software and technology firm behind the MTS bond trading platforms and the EBA payments systems in Europe has formed a joint venture with GL TRADE, a provider of electronic trading and clearing solutions.
TIBCO Software, the provider of business integration software, has appointed Noel Ardis to the position of senior vice president for the Europe, Middle East and Africa (EMEA) region and Tony Harris as senior vice president for the Asia Pacific and
Consultants Celent have published a new research report comparing treasury systems. It predicts that European spending on treasury systems will surpass Euros 500 million by the end of 2004. In the report, "Treasury Management Systems at European Banks," Celent examines
Nicolas Galmiche will join JP Morgan on 23 February, as a managing director and European head of government bond trading. "Nicolas has the background and personality to partner effectively with our large derivatives business," says Ashley Bacon, co head of
TSX Datalinx has signed an agreement with Thomson Financial to distribute CanDeal's real time market data to traders and investors in Canada and around the world. Thomson will provide CanDeal pricing to Thomson ONE Yield users globally, and to Thomson
The Institutional Money Market Funds Association (IMMFA) says that Mellon Global Investments and Insight Investment Management have both joined the association, whose membership now rises to 30. "IMMFA is pleased to announce two new members to the Association," says Peter
UK actuaries Lane Clark & Peacock say the UK government's pension bill, which includes plans for a UK version of the American Pensions Benefits Guaranty Corporation (PBGC) lacks simplicity, security and choice. On the contrary, they warn, the Bill could
The Bank of New York has been selected as successor depositary for the Fomento Economico Mexicano, S.A de C.V. (FEMSA) American depositary receipt (ADR) facility. Each FEMSA ADR represents ten units. The units trade in Mexico on the Bolsa Mexicana
Mercer Consulting says the Pension Protection Fund (PPF) proposed in the UK government's long awaited Pensions Bill, published today, may not be affordable. "The introduction of the PPF is a bold move by Government, aimed at restoring member confidence in
The Bank of New York has been appointed by the Virgin Islands Public Finance Authority as trustee, registrar and paying agent for its $268,020,000 Gross Receipts Taxes Loan Note, Series 2003 Bonds. The Virgin Islands Public Finance Authority is an