The Lebanese Byblos Bank Group has selected Financial Architects' Finance Resource Planning application as the core platform to meet the bank's capital management requirements. Byblos implements the Basel II Accord in all entities of the group in Lebanon, Europe (Belgium,
Butterfield Bank Limited has chosen the International Private Banking Systems' IPBS Business Manager for regulatory and compliance responsibilities. Management of risk and best practice conformity with worldwide financial regulations led the bank to look at implementing a new system with
DataSynapse, a global provider of UniCredit, has developed its Bulldozer pricing application for use with DataSynapse's GridServer virtualisation software to optimise processing of its financial results both intra day and end of day. That has significantly reduced the minimum processing
ING Securities Services, Romania, has confirmed that a recent National Securities Commission decision will mean its clients using a local custodian on the Romanian market can appoint only local brokers that have a house account. Who those local brokers are
Korea Exchange Bank, the country's largest foreign exchange bank, has purchased the Mantas Anti Money Laundering application. Mantas was selected because of its reputation and expertise indesigning solutions to meet global regulatory demands, the bank said in a statement. "Korea
Standard & Poor's, a provider of reference data products, Advanced Portfolio Technologies, a provider of risk analytics, and Aquin Components, a provider of compliance software in Europe, have partnered to provide a new risk management service called RiskComply. Research by
A panel of experts convened by security experts Brookcourt Solutions has issued a warning that in their rush to comply with the Markets in Financial Instruments Directive (MiFID) by the November deadline, banks are overlooking the security risks, exposing them
The Securities Industry and Financial Markets Association (SIFMA) has commended the UK Financial Services Authority (FSA) for its recent paper "Principles Based Regulation Focusing On Outcomes That Matter." SIFMA has called for financial services regulators world wide to promote a
Equiduct has released the latest in its series of sponsored white papers written by industry experts to offer an independent perspective on MiFID and its likely impact on the equities market. The fourth white paper is titled "Pre trade information
Dexia Securities France and Atos Euronext Market Solutions (AEMS) have entered into a partnership to develop broker applications, which ensures they will meet their MiFID requirements. The modular platform will allow brokers to fulfil the "best execution" and reporting requirements