Radianz announced it has signed a three year multimillion dollar contract to provide Internet Protocol (IP) extranet services to Cognotec. Cognotec, a provider of foreign exchange and money market trading solutions, will use Radianz's global financial extranet, RadianzNet, to connect
European and U.S. financial institutions hoping to unlock the potential for U.S. style revolving credit cards in Western Europe will continue to face significant cultural, legislative and technological challenges. New research from TowerGroup's Consumer Credit service finds that though Western
The New York Clearing House announced a major initiative that will provide the first Internet enabled global payments infrastructure needed to support true B2B e commerce. The new functionality will enhance the capabilities of the Clearing House's two core payment
The Bank of New York announced that Matthew W. McKean has joined the Bank as a vice president of private client services in New Jersey. Mr. McKean brings to the Bank over fifteen years of financial services experience. His primary
Computershare Ltd., the world's largest and only global transfer agent, and a leading service and technology provider for the global securities industry, announced that it has signed a strategic service agreement with Citibank Agency and Trust and is providing services
RBC Global Services, Institutional & Investor Services (IIS) announced the appointment of Simon Coleman as Director of Operations in London, U.K. In his new role, Simon will oversee all aspects of global custody processing in more than 80 worldwide markets.
The Liberty Ermitage Group has appointed Mark Hucker as the Group Executive Director Infrastructure responsible for all aspects of operations, finance and compliance, reporting to Ron Mitchell, Chief Executive Officer. He joins from Perpetual where he was Finance Director and
The Bank of New York announced that it has signed a definitive agreement to acquire the Core International ADR and Domestic Equity Index institutional investment management businesses of Axe Houghton Associates, Inc., a wholly owned subsidiary of Hoenig Group Inc.
Citibank Worldwide Securities Service (WWSS) Thailand was recently awarded Securities Borrowing and Lending (SBL) Agent license from the Thailand Ministry of Finance (MOF). In Thailand, there is a mandatory stock borrowing and lending program that is operated by the Thailand
The Benchmark(tm) Investment Analytics group (BIA) of RBC Global Services, Institutional & Investor Services (IIS), announced the release of a new and expanded suite of portfolio universes the Benchmark Universes which will enable institutional investors to better evaluate the performance