News

Jackson Quits Citibank for SEI

Francis Jackson, Head of Investor Solutions at Citibank Global Securities Services, is leaving to join SEI Investments in London as director of business development. Rumours had circulated for some months that Jackson would leave the giant American bank, his position

BISYS Reports Record Results For the Year

BISYS continues to defy the gloom enveloping much of the securities industry, reporting record results for the year ended June 30. "We are extremely pleased with the strategic and financial results of our fourth quarter and fiscal year 2002, which

DST Installs Application for Private Bank Ansbacher

DST International (DSTi) has signed another user to its HiContact AWD workflow management solution. Ansbacher Investment Services (AIS), a division of Ansbacher and Co Limited, specialises in providing multi manager investment solutions to high net worth individuals around the world.

Will ABN Amro-Mellon Bid for Deutsche

Industry speculation on the real purpose behind the formalisation of the ABN Amro Mellon joint venture is focusing on the possibility that it is a prelude to a bid for what is left of Deutsche Bank Global Securities Services. If

Citibank Given Clearing Job by HKMA

The Hong Kong Monetary Authority (HKMA) announced today that the Central Moneymarkets Unit (CMU), a central custodian and clearing system for debt instruments operated by the HKMA, will introduce a new clearing, settlement and custodian service for US Treasuries. The

Wilco Says UBS Has Bought Its Corporate Actions Tool

Wilco International says UBS Warburg has signed an agreement to use Wilco's platform for global corporate actions processing. The agreement includes UBS Warburg's usage of Wilco's corporate actions processing engine across its international operations, supporting its three main processing hubs

Reuters And Prediction Dynamics Partner To Deliver Joint Solutions

Reuters, the global information, news and technology group and Prediction Dynamics, a leading systematic trading and risk management software company, have signed an agreement under which Reuters global historical market data feed service, DataScope and Prediction Dynamics' financial modeling platform

Computershare Plays Starring Role in Bank of China Float

The merger in May of the Hong Kong stock exchange and Computershare share registration businesses has enabled the Australian born global share registration business to handle the 400,000 applications for stock in Bank of China, Asia's biggest public offering this