Britannic Asset Management has announced its investment in a new technology system developed by global technology provider AFA systems in order to support a robust multi asset administration infrastructure for its range of institutional pooled funds. The fully automated administration
Linedata Services, a provider of software and services to the global financial services marketplace, has announced that Norwich Union Life, part of the Aviva Group, has commissioned the company to provide front line support services to its Icon Retail system
Reval, a provider of financial risk management technology solutions and services, has announced the release of Version 4.0 of its flagship product, HedgeRx", a Web hosted application that delivers comprehensive front to back office capabilities for managing interest rate, foreign
Surecomp, a provider of trade finance solutions for the wholesale banking industry, has announced that Paris based Natexis Banques Populaires, the country's 8th largest banking group, has licensed Surecomp's comprehensive front to back trade finance solution. Natexis Banques Populaires has
Trema, the premier provider of strategic software solutions for the financial industry, has announced that it has launched NAV Monitor, the industry's first solution for the real time calculation and reporting of Net Asset Value (NAV). NAV Monitor includes an
SolutionForge, provider of financial Straight Through Processing solutions, has announced that RenCap Securities, Inc. (RenCap), the New York based broker dealer, has gone live with its FIX.NET Server product. The successful completion of this project makes RenCap the first Russia
Thomson Financial says it is investing heavily to improve Datastream, its historical financial numerical database. The company says it has installed an IBM Z990 mainframe to host the data, improving capacity by 35%, and accelerating query response times. "We are
Telekurs Financial and CSK Software have developed a solution to enable banks, fund managers and broker dealers to integrate the Valordata Feed (VDF) reference data feed into their internal processing machinery. VDF is one of the most popular sources of
Treasury systems vendor Trema has acquired the assets, including all copyrights and intellectual property, of Alterna Technologies Group. Alterna's liquidity management platform will be integrated into Trema's treasury, risk, cash and asset management product suite. "A resourceful corporate treasury has
Gibraltar based Helvetic Fund Administration has bought the ICON fund accounting platform from Linedata Services. Established in Gibraltar in 1998, Helvetic Fund provides third party mutual fund administration and accounting services to 45 offshore funds with a total asset value