Financial Models Company (FMC), the Tornto based provider of technology to the fund management and securities services businesses, says KAS Bank the Dutch custodian with more than Ђ220 billion in assets under custody has selected FMCSylvan for performance measurement and
Beauchamp Financial Technology has appointed Damian Powell as Director and Head of International Sales, and Nick Moutrie as Development Director. Powell joins BFT from Thomson Financial, where he served most recently as Head of Sales for the Portfolio Solutions Group
The Japan Government Bond Clearing Corporation(JGB CCP) is set to release further details of how it will operate in January 2005. System specifications will be released the following March, and the JGB CCP will actually open for business in May
Eurex US was told on Friday that the Board of Directors of the National Futures Association (NFA) had approved by a vote of 16 2 an agreement to provide market surveillance and trade practice surveillance services for Eurex US. "We
The Bank of New York says it is adding transition management, commission recapture, independent equity research and commission management services to the services BNY Securities offers to European institutional investors. Through its global agency brokerage businesses G Port and G
Consolidation in the corporate trust business took a further step forward today with news that the Bank of New York has signed a definitive agreement to acquire Ohio based Fifth Third Bank's business. The transaction involves the acquisition of approximately
The WM Company has apointed Michael Walsh as its new Managing Director. Walsh replaces Peter Adams, who has assumed a role at State Street Corporation as head of its pension fund servicing team. A qualified accountant, Walsh joins The WM
The Securities and Exchange Commission yesterday announced the filing of a civil injunctive action in the United States District Court for the Eastern District of Pennsylvania against Gary L. Pilgrim, of Malvern, Pa., Harold J. Baxter, of Berwyn, Pa., and
BISYS has launched LinkinSight, a Web based tool designed to providesconvenient online access to its retirement related products, for both plan sponsors and third party administrators (TPAs) and financial advisors. It enables plan sponsors to access relevant plan and participant
The Malaysian Securities Commission (SC) has given companies which have yet to meet the minimum paid capital requirements of the Kuala Lumpur Stock Exchange (KLSE) another six months to comply. They will now have until end June 2004. Companies which