Summit Systems, an STP solutions provider, has formed a strategic alliance with the investment management firm. CoVision Capital Group to create a full featured investment platform specifically geared to hedge funds. The platform, which aims to offer hedge funds integrated
Northern Trust Global Investments (Europe) Ltd. (NTGIE ) has made two new appointments to its sales and marketing team. Keith White joins as Director of European Sales with a remit to build relationships with pension funds in continental Europe and
With the admission of TOKYO KAIKAN CO., LTD. to JASDEC from August 1, the number of Japanese equities which cannot be settled through the Tokyo CSD falls to just eight, says Bank of Tokyo Mitsubishi Global Securities Services Division. The
HelioGraph, the Straight Through Processing and financial messaging specialist, announced today that Fox Pitt, Kelton Limited (FPK), a leading investment bank specialising in the financial services industry, has gone live with an ISO 15022 messaging solution created in house using
The UK Charity Commission has authorised the establishment of a new Common Investment Fund for charities to be managed by Cazenove Investment Fund Management Limited under advice from Fauchier Partners. This CIF will invest in a diversified portfolio of around
FXall, the foreign exchange trading platform, today announced the launch of a web based tool tailored for the Swiss food and beverage group Nestl SA, connecting over 200 users in 100 locations around the world. Now members of Nestl's group
Swiss American Securities Inc., the New York brokerage, clearing and custody arm of the Credit Suisse Group, has struck a deal with Visual Trader Systems, the technology subsidiary of the Madrid Stock Exchange, to implement an open messaging gateway between
Investment Company Institute President Matthew P. Fink today welcomed the House and Senate conferees agreement on comprehensive corporate reform measures. "Congressional conferees took a meaningful step today to improve the accuracy of the financial reporting system that is essential to
ABN AMRO and Mellon have convened a press conference in London this afternoon at which they are expected to announce the reinforcement of their longstanding custody joint venture through the formation of a 50 50 joint venture company, to be
JPMorgan Investor Services announced today that it had devised a solution to the reference data problem which accounts for so many failed trades, and low rtaes of STP. It has built a global repository of reference data which JP Morgan