Deutsche Borse says SWIFT, the Brussels based messaging utility, has praised its Clearstream settlement arm for its high rates of STP. SWIFT has recently completed a review of the STP capabilities of Clearstream's operations as part its programme of helping
The Extraordinary General Meeting in DnB Holding ASA has approved the merger between DnB and Gjensidige NOR by a large majority. Shareholders accounting for 99.91 per cent of the shares represented at the General Meeting voted in favour of the
SunGard Securities Processing says it has managed to link Phase3 securities processing solution with Trustar Retirement Services , thereby eliminat ing some manual processes in the reporting of IRA information from Phase3, which manages the firm's account and position books
BISYS has been selected to support the private labeled Individual(k) retirement savings program launched by Equity Trust Company (ETC), an affiliate of Mid Ohio Securities which provides self directed individual retirement accounts and small business retirement plans. BISYS' Individual(k) administration
The Indiana State Teachers' Retirement Fund has hired Northern Trust for global custody, securities lending, daily valuation, compliance and "event analyst" services. The assets have already been moved to Norhern Trust. We chose Northern Trust because of their outstanding technology
DST International has signed an agreement in Taipei with Manulife Financial to install HiContact its document management solution in the insurer's Taiwanese operations. Although Manulife uses DST elsewhere, thi is the first time HiContact(AWD) has been installed for a client
City Networks as joined forces with Trema to offer what the two firms are calling CityNet Confirmation Matching (TRAM). The City Networks Confirmation Matching module, which is already being used by banks, is being linked to Finance KIT, Trema's treasury,
BILLER WIZARD validates the details of customer bill payments and, when embedded into online systems, meets the validation requirements of online banks, ASPs and call centres offering telephone or internet bill payment facilities. Unique in the UK market, the solution