Technology

Derivatech Takes The SunGard Dollar

Front Capital Systems, part of SunGard, has bought Chicago based Derivatech Risk Solutions, a provider of foreign exchange derivatives pricing, analytics and risk management systems. The price was not disclosed. Founded in 1996, Derivatech was privately held and has offices

Agricultural Bank In Thailand Buys TEMENOS Technology

TEMENOS Group says the Bank for Agriculture and Agricultural Cooperatives (BAAC) in Thailand has signed a deal with it, IBM and Thai Equipment Research (TER) for 1.2 billion Thai baht (US $30 million). BAAC is looking to upgrade all its

Datamonitor Praises SmartStream Reconciliations Solution

Datamonitor, the IT analysts, have published a report that describes SmartStream as market leader in Enterprise Reconciliations and Exceptions Management. The report "Enterprise reconciliation a 'sexy' business'" says SmartStream is ahead of the competition in terms of customer numbers and

Microsoft Launches BizTalk Accelerator for SWIFT Messaging

Microsoft has announced the "full availability" of its BizTalk Accelerator for SWIFT. It is a software application that supports SWIFT messaging. The Accelerator was first unveiled at SIBOS 2003 in Singapore October, and is already being used by clients that