News

Record Month at Deutsche Borse

Based on the aggregate turnover statistics, a total volume of 327,8 billion euros was traded on the German stock exchanges in July about 4 percent more than in the previous month (June 2002 315 billion euros). The July total comprises

Radianz supports International Securities Exchange

Radianz today announced that financial professionals in the United States can use its global financial extranet, RadianzNet, to access the International Securities Exchange (ISE). ISE is available via RadianzNet because many of Radianz's customers expressed interest in using their existing

Deputy Chairman of Misys to Step Down at AGM

Strone Macpherson, Executive Deputy Chairman of Misys plc, has announced his intention to step down from the Group. Strone, who is 54, will step down from the Board following the Annual General Meeting on 1 October, 2002 but is to

E-Crossnet Has Best Ever Month in July

E Crossnet, the croissing network for institutional investors, today announced that it has just completed its best ever month. July saw the highest amount of matched trades on the crossing network since E Crossnet was founded two years ago, as

BNY Looks to Have Deutsche GSS in the Bag

The sale of Deutsche Bank's US master trust, securities lending, and indexing business is entering its final stages, according to informed sources. The shift has not been sudden ever since the German bank starkly announced in its 2001 annual report

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