News

Fixed Income Markets Booming In Europe, Says Greenwich

The total volume of institutional fixed income trading in Europe and the Middle East has jumped nearly 25% in 2002, to over $11 trillion. The proportion of institutions trading government bonds online is up to just over 30%. These are

Dick Feehan Joins JP Morgan

JPMorgan Investor Services today announced that Dick Feehan had joined the bank as New Business Development Executive for EMEA. Feehan, a legendary figure in the securities services industry, was most recently at Lehman but he made his reputation at Bankers

Sun Microsystems Offers Servers On The Never Never

Sun Microsystems today announced a new financing scheme for UK customers to buy mid range servers immediately but pay for them later. The scheme, called 'Simply Deferred', gives new and existing customers the choice of adding much needed computer capacity

BCEE Goes Live With Vermeg Corporate Actions Solution

Vermeg, the securities processing software supplier, announced today that its corporate actions automated solution, Megacor, has been installed and gone live at Banque et Caisse d'Epargne de l'Etat (BCEE) in Luxembourg. Being both a global custodian for institutional and private

Soc Gen Chooses Asset Control For Data Management

Asset Control, the provider of investment data integration and cleansing solutions, announced today that Socit Gnrale Investment Banking has purchased an Asset Control system for management of instrument reference and market data supporting capital markets operations. "We are pleased to

City Networks Announce Upgrade Of Reconciliation Solution

City Networks, a provider of software and services to the treasury, securities and derivatives markets, today announced that the company has upgraded its CityNet Enterprise Reconciliation Module (Insight) to include a number of significant new features. The system aims to

Algorithmics Says Customers Now Have Easy Access To Bloomberg Data

Algorithmics has reached an agreement with Bloomberg to make Algo Data Loaders for Bloomberg Data available to Algo Suite customers. Algorithmics says that Algo Data Loader users can populate Algo Suite with market and securities data available through Bloomberg's Data

Algorithmics and Sun Microsystems Are Still In Love

Algorithmics and Sun Microsystems confirmed today that they would continue to work together. Currently, Sun Microsystems is participating as a Gold Sponsor at the third annual Algo Credit Conference Working Toward BIS II in Vienna, Austria. "Strong relationships with key

Seligman Expands Its Relationship With BISYS

BISYS announced today that it has been selected to support Seligman's retirement plan offering for owner only businesses. BISYS will support Seligman's One(k) offering with its administration and recordkeeping solution for Individual(k) retirement plans a retirement savings alternative that is