Technology

Algorithmics Expands Algo Credit Solution Team

Algorithmics Incorporated, a world leader in credit risk management solutions, announced today it has expanded its world class Algo Credit solutions team with the appointment of Mark van den Akker as Solution Sales Specialist responsible for Algo Credit risk sales

Christodolou Takes the Helm at City Networks

City Networks, a supplier to the treasury, securities and derivatives markets, today announced the appointment of Costa Christodoulou as Chief Executive Officer. Christodolou will be taking full responsibility for all global operating units and will report to the main board.

Wilco Offers ISO 15022 Solution on GLOSS

Wilco International, the ADP subsidiary which supplies the GLOSS custody platform, says it has successfully added an ISO 15022 solution to GLOSS. Wilco's ISO 15022 solution is being delivered on an outsourcing basis through Wilco's Gloss service bureau, and also

Reuters Signs Distribution Deal with Prediction Dynamics

Reuters and Prediction Dynamics, a 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 Crucible will be jointly marketed and sold. The agreement

Reuters/TIBCO Build STP Solution for BNP Paribas

Reuters and its TIBCO Software subsidiary announced today that they had signed a strategic agreement with BNP Paribas Securities Services to deploy TIBCO ActiveEnterprise to assist the bank achieve Straight Through Processing (STP). BNPPS chose TIBCO ActiveEnterprise as the architecture

Discovery Capital Management Chooses Trema

Trema, the software house, announced today that Discovery Capital Management, a hedge fund based in South Norwalk, Connecticut, has selected Trema Finance KIT. Discovery will be the first hedge fund in the US to benefit from Trema Finance KIT's straight

Trema Selected by Discovery Capital Management

At today's Fund Forum Conference in Rome, Trema announced that Discovery Capital Management, a hedge fund based in South Norwalk, Connecticut, has selected Trema Finance KIT. Discovery will be the first hedge fund in the US to benefit from Trema

BNY Like Microsoft.NET for Fund Administration, Says Microsoft

The retail and wholesale banking sector is the leading adopter of secure XML Web Services, according to a survey of European developers released today at Tech.Ed 2002, an industry developer conference in Barcelona. Developing cost effective and reliable solutions that