TIBCO Software says UK travel agency Thomas Cook is to use its Enterprise Application Integration (EAI) and Business Process Management in overhauling its internal business systems. The solutions will enable Thomas Cook to implement a Shared Service Centre in a
Sophis has launched a new version of VALUE, its risk management software application for fund managers. VALUE v2.0 has extended instrument coverage to include fixed income and interest rate derivatives, includes the automation of reconciliation with administrators and prime brokers
Equity market will drift for the next three to five years. Or so says a survey of 90 large pension and other institutional funds, together with a number of global fund managers, by Mercer Investment Consulting. The consultancy, which recently
MSCI has announced performance figures for early reporting funds in the MSCI Hedge Fund Composite and Process Group Indices. For the month of March the early reporting funds in the MSCI Hedge Fund Composite Index, an equal weighted index, are
The average daily number of UK and international trades on the London Stock Exchange in March 2003 was 227,907 compared with 207,476 in March 2002 (a 10 per cent increase). The total value of UK and international trades in March
The Corporation of London today gave the London Stock Exchange planning permission for the redevelopment of the Exchange's offices at Old Broad Street above the trading floor that was closed in the 1980s. The Exchange intends to sell the site
Fortis Bank is now a General Clearing Member on Euronext Paris. The bank was already a General Clearing Member for Euronext Amsterdam and expects to become General Clearing Member for Euronext Brussels by June 2003.
Deutsche Borse says it does not understanding Porsche's announcement that it plans to sue the Frankfurt Stock Exchange for requiring it to file quarterly reports. "With this lawsuit Porsche is resisting international standards designed for the protection of investors," says