Sterling Commerce says Societe Generale and Euroclear have bought its Connect Express Unix solution for their migration to the IP based SWIFTNet from its traditional FIN X.25 based network. These two new partnership announcements follow the decision last year by
Sophis says Volteq Capital, an Amsterdam based long short volatility arbitrage hedge fund manager, has gone live with Sophis VALUE for front office, middle office and risk management purposes. Volteq Capital launched the GED Arbitrage Fund Limited, a long short
City Networks has opened an office in Johannesburg. The company says there is strong demand for its products in South Africa, where clients include Anglo American, Barclays, Citigroup, Credit Agricole Indosuez, The Mauritius Commercial Bank Limited, Commerzbank, Deutsche Bank, Highveld
Linedata Services has launched a compliance monitoring and risk management system. The system aims to complement Linedata Services' existing suite of Front to Back office products, including, LongView Trading, Icon and Chorus. "In developing Linedata Compliance, we approached compliance checking
FXall, the foreign exchange trading platform, and Linedata Services have signed a partnership agreement. The alliance aims to create a direct interface between FXall and Linedata's LongView Trading application, allowing trades to flow between the two platforms. LongView Trading offers
Cainsoft, a Florida based software development focused on wealth and fund managers, says seven investment management firms have chosen its MARS application for client reporting and proposal creation. "We are pleased that the market has responded so favorably to our
Equalt Achieves Fast, Independent Valuations using SunGards Reech SunGard says Equalt Alternative Asset Management, a subsidiary of French banking group Credit Agricole Indosuez, has bought its Reech Automatic Derivatives Pricer (ADEP) and Reech Analytics Library (REAL) to price its complex
Thomson Financial says Evolution Beeson Gregory, the investment banking business of Evolution Group, has agreed to become a Retail Service Provider (RSP) on Thomson GlobalTOPIC. RSPs provide price quotation and trading services to private client brokers. Evolution Beeson Gregory joins
Germany's sixth largest bank, Landesbank Baden Wurttemberg (LBBW), is extending its use of the Cognotec award winning connectivity solution, AutoDeal, to become the first German bank to transact its EuroFX deals using a fully automated electronic dealing channel. In addition,
NADP Brokerage Services Group, a division of Automatic Data Processing, Inc. said the Product Development Group of its fixed income processing division achieved CMMi Level 2 certification for its continued efforts in managing business process improvements. The Software Engineering Institute