News

Mellon Global Investments Goes Live With Heliograph

HelioGraph, the Straight Through Processing (STP) and Financial Messaging specialist, today announced that Mellon Global Investments (MGI) had implemented its STP solution. This project delivers complete STP for MGI, as all back office transactions now automatically pass through HelioGraph's post

RBC Appoints Mark Young Director, Atlantic Region

RBC Global Services has appoint ed Mark Young Director, Atlantic Region. Young has extensive management and client relationship experience in Atlantic Canada, including senior positions with several high profile financial services providers. "Mark's appointment underscores RBC Global Services' continuing commitment

Wells Fargo Joins Electronic Payments Network

The Electronic Payments Network (EPN) announced today that Wells Fargo & Company, the third largest ACH (Automated Clearing House) originator in the US, has begun moving volume over to its private sector electronic payments system. The ongoing conversion by EPN

IBM Falls in Love With Linux

IBM announced today the opening of the first center in New York City to help the financial services industry deploy Linux solutions. The Linux center, which will be based in IBM's landmark building at 590 Madison Avenue, will include hardware,

Microsoft and Capco Join Forces on STP

Consultants CapCo chose the Securities Industry Association Technology Management Conference to announce its latest joint venture today. Following deals with Reuters and Crossbordex, the firm is now teaming up with Microsoft to offer an STP solution. Their offering is called

Market XT ECN Chooses Radianz as Network Supplier

MarketXTs has chosen Radianz's global financial extranet, RadianzNet, as its network supplier, giving it a single point of entry to all of parties. Similarly, for Radianz the addition of MarketXT as a customer means the company can offer institutions a

SunGard Launches STP Settlement Hub

At the SIA Technology Management Conference in New York today, SunGard Securities Processing announced that it was making the SunGard Transaction Network STN Settlements hub available. STN Settlements is a real time central interface management service that connects custodians, broker

Currenex Integrates Its Offering With DrKW

Currenex, the online currency exchange, today announced that it has integrated its FXtrades service with the automated pricing system of Dresdner Kleinwort Wasserstein (DrKW), enabling both parties to deliver sub second prices to their clients. The technology was supplied by