State Street has named Tony Phillips as head of its London based Consultant Management Team. Phillips will report to Martha Whitman, vice president of State Street's investor services business in the United Kingdom. Phillips has more than 30 years of
City Compass says over twenty vendors offering EAI and Web Services solutions to the financial services sector were approached to participate in an industry benchmarking study conducted in partnership with the EAI (Enterprise Application Integration) Industry Consortium. Of those invited,
SAS says that Brown Brothers Harriman (BBH) has used its software to develop an online investment asset allocation service capable of accommodating complex investment demands, and so yielding an increase in assets under management and a higher return on investment.
SunGard Investment Management Systems has appointed Doug Morgan president and John MacIlwaine chief technology officer. Morgan joins SunGard Investment Management Systems with nearly fifteen years of senior management experience in the financial information and technology industry. In his new role
Leading financial service groups in the Cayman Islands have joined together to create the Cayman Islands Financial Services Association (CIFSA) to add additional weight to other efforts in the Cayman Islands to maintain its reputation as a first class international
Dresdner Kleinwort Wasserstein (DrKw) says it has expanded the range of services its prime brokerage group supplies to hedge funds. DrKW says it can now support funds' trading activities in fixed income, foreign exchange and listed derivative products (including options,
Abbey National, the UK banking group, was yesterday fined a record 2.3 million by the Financial Services Authority (FSA) for "serious" failures to comply with anti money laundering procedures. Abbey National was fined 2 million for breaches of the FSA's
Singapore Technologies Telemedia (ST Telemedia) and Global Crossing said yesterday that they had finalised a deal by which ST Telemedia will invest $250 million in Global Crossing for a 61.5 percent equity share of the company. This allows Global Crossing
Following HSBCs announcement on 2 August 2003 of the acquisition of 82.19 per cent of Asset Management Technology Korea Co., Ltd. (AM TeK), the Group has now increased its stake to 92.96 per cent in the fund administration company. HSBCs
Mercer Human Resource Consulting has been appointed to provide actuarial and investment consulting services for the pension arrangements of Linde Material Handling part of the German owned Linde Group, which provides fork lift truck services, industrial gases and refrigeration services