SECCAS LLC is opening a secondary data operations center in Scranton, Pa., a decision that the provider of hosted compliance solutions for financial services companies said was made after reviewing multiple locations in New York, New Jersey and Maryland. SECCAS,
Jose Manuel Barroso, president of the European Commission, has asked the European Banking Federation to continue its cooperation with the commission at EBF's most recent board meeting. The CEOs of European banks and chairmen of national banking associations who make
RBS (Luxembourg) S.A., a member of the Royal Bank of Scotland group, has selected Aquin Components' compliance software MIG21. Aquin is a software provider to the international asset management and fund industry. The application distinguished itself through great flexibility and
Financial Express has become the first fund data provider in the UK to be awarded ISO Certification. BS EN ISO 9001 2000 has been awarded for quality management systems, while ISO IEC 27001 2005 ensures that Financial Express employs a
FERNBACH, a provider of applications for IFRS accounting and Enterprise wide Value & Risk Management, has won two new customers in Luxembourg, Germany's second largest bank and one of Europe's major banks. Erste Europische Pfandbrief und Kommunalkreditbank (EEPK) is a
FRS, a global provider of enterprise risk and regulatory compliance solutions to financial institutions throughout the world, appointed Serge Minne as chief financial officer (CFO). Minne's key role will be to provide strategic counsel on the growth of FRS into
MetLife, one of the 10 largest life insurance companies in the world, has signed an agreement with Kamakura to extend its enterprise wide Kamakura Risk Manager (KRM) software implementation to include calculation and reporting of Basel ll capital requirements. MetLife,
Alliance & Leicester plc has become the first UK bank to obtain unconditional approval from the FSA to operate under the new Basel II regime. A key component of its internal ratings based approach is the use of a FACT
Headstrong, a global consultancy, announced that it has signed a partnership agreement with Aleri Inc., developer of high performance event stream processing software, to co develop MiFID compliant applications for the European capital markets. The European Commission has put in
The Futures and Options Association (FOA) believes that the Capital Requirements Directive (CRD), designed for deposit taking and investment businesses, should not be imposed on commodity market participants unamended. The FOA's position is the result of consultation with its members