News
Broker-Dealers Use Instant Messaging For IoIs And Trades, Says TowerGroup
Strong Financial Corporation to renew 15 year transfer agency contract with PFPC
Strong Financial Corporation says it has signed a multi year contract with PFPC that will extend a 15 year investment services relationship between the two firms that primarily covers transfer agency services. The final terms of the agreement are still
Pershing selects solutions eXimius and CGix to deliver enhanced services for financial services firms and investment professionals
Pershing, a member of BNY Securities Group and a subsidiary of The Bank of New York, announced that it has selected Business Architects International's eXimius investment management solution and Financial Software Limited's CGix capital gains tax (CGT) solution to provide
CSFB/Tremont Hedge Fund Index is up 0.08% in July
The CSFB Tremont Hedge Fund Index, comprised of 448 funds, is up 0.08% for July 2003, according to Oliver Schupp, President of Credit Suisse First Boston Tremont Index LLC. "Stock and bond markets proved a bit tricky to trade during
BISYS announces its takeover of the 401(k) plans previously serviced by The Benefit National Companies
BISYS has announced that it will service the 401(k) plans previously serviced by The Benefit National Companies (BNC), a Colorado based third party administrator of 401(k) retirement plans, and will subsequently assume the recordkeeping responsibilities for approximately 1,700 clients of
Van Global Hedge Fund Index gains 0.9% net in July
The Van Global Hedge Fund Index rose 0.9% net of fees last month, according to Van Hedge Fund Advisors International, Inc. (VAN), a leading hedge fund advisory firm. The Index has earned 9.0% net for the year to date. The
Norbain LIVE addresses CCTV and Access Control for the Financial Sector
Norbain LIVE, a new show format for CCTV and Access Control installers, will be launched this fall by Norbain SD Limited. The events will give installers and end users the opportunity to learn about the latest technology and products. Norbain
DrKW approved as new Oslo Bors equity member
Dresdner Kleinwort Wasserstein Securities Limited has been approved as a new equity member by Oslo Bors, further increasing DrKW's exposure to the Scandinavian region it already trades on the Stockholmsbrsen and the Copenhagen Stock Exchange. DrKW's membership increases the number
BTM takes part in the agreement to create the JGBCC
On August 14th, the creation of the Japan Government Bond Clearing Corporation (JGBCC) was agreed upon by 19 financial institutions. The JGBCC will be the central counterparty for JGB clearing after its inauguration in September, and it will work to