Mellon European Fund Services, the fund administration arm of Mellon in Europe, has bought from fund accounting software firm Global Investment Services (GIS) its MSHARE application. This will be the platform for its offshore transfer agency business. MSHARE will provide
Sterling Commerce says credit insurer Euler Hermes has bought its business process integration platform, Sterling Integrator. Sterling Integrator will initially be deployed to link Euler Hermes' IT systems with those of its third party information providers, which include Experian and
Eagle Investment Systems Corp. said that McDonnell Investment Management has gone live with its Eagle STAR(r), a Web based, global investment accounting solution. With more than $7 billion in assets under management, McDonnell has fully deployed Eagle STAR as its
Charles River Development, the supplier of order management systems, has formed a partnership with JPMorgan's Electronic Execution Services (EES) to give its clients the ability to use organ's algorithmic stock trading tools in conjunction with the Charles River Investment Management
City Networks says ING Bank Slaski SA in Poland has selected both CityNet Reconciliation and CityNet Investigation for implementation at its Warsaw and Katowice locations. ING Bank Slaski SA, part of ING Group, will use the tools to settle its
FXall, the global portal for electronic foreign exchange trading, has been named the number one multibank portal in the Euromoney forex poll for the third year in a row. For the first time the poll measured portals by volumes as
International Financial Data Services (IFDS), a State Street Corp and DST joint venture, said it has successfully completed the conversion of the Merrill Lynch UK retail business onto its FAST platform. Financial Data Services (FDS), Merrill Lynch's Jacksonville, FL based
Linedata Services, the Paris based IT company that acquired the ICON funds platform from Thomson and sells the LongView order management system, has formed a so called Liquidity Alliance Program to link LongView users to execution platforms such as TradeWeb,
Lehman Brothers has agreed a mainframe outsourcing and business continuity planning deal with AIG Technologies, a subsidiary of giant insurer AIG. AIGT will provide utility based, complete OS 390 mainframe processing services, complementary network support and co location server hosting
ADP Securities Industry Software (ADP SIS), a division of Automatic Data Processing, Inc.'s Brokerage Services Group, said that H. C. Denison Co. and CNBS LLC both have recently outsourced their securities transaction processing to ADP SIS. Both of the firms