SINA Corporation, a leading Chinese online media company and value added information service provider, announced today it had completed its purchase of Crillion Corp for an initial payment of about US$8.7 million in cash and 195,593 newly issued SINA shares,
Union Bank of California said today it would offer an online proxy voting tool for its institutional clients. The web based service is called Votex and will be offered through Institutional Shareholder Services (ISS). Union Bank's institutional custody clients will
CLSA Ltd, an investment bank and private equity group based in Hong Kong that is also a unit of Credit Agricole Credit Lyonnais, said today it would use Radianz' shared market infrastructure for Financial Information exchange (FIX) enabled connectivity to
Lynx Wealth Management Systems says that Turnstone Trusts & Securities Ltd has selected 4Series Trust Administrator software to meet the growing requirements of its corporate and trust management operation in Mauritius. Lynx recently announced the appointment of Harel Mallac as
PeopleSoft has launched PeopleSoft Enterprise Wealth Management, a new application that the company says will enable financial institutions to increase customer retention and revenue through proactive client management. The new PeopleSoft Enterprise CRM solution includes four modules PeopleSoft Client Manager,
ADP Brokerage Services Group (ADP) is offering an Intraday Margin System (IDM) to perform margin calculations for accounts using real time account activity for trades, bookkeeping journals, dividends, checks and fund wires. Positions, balances and margin requirements are updated in
Caplin Systems says electronic agency broker Instinet is using its technology to distribute real time streaming prices from Reuters and various other data feeds. Instinet aims to have over 1,000 institutional brokerage users connected via Caplin's technology by the end
Charles River Development says it has released Version 7.2 of its Investment Management System (Charles River IMS), an application for portfolio management (Charles River Manager), order management and trading (Charles River Trader), and compliance (Charles River Compliance). The new version
Financial Technologies International (FTI), the leading provider of Financial Enterprise Software (FES) to the global banking and securities industry, today announced the launch of "StreetConsolidator", a Strategic Information Management (SIM) solution. StreetConsolidator offers a consolidated real time view of critical
Lynx Wealth Management Systems said today that Turnstone Trusts & Securities Ltd will use 4Series Trust Administrator software to meet the growing requirements of its corporate and trust management operation in Mauritius. "This agreement is the first step in developing