According to an IDC survey carried out in December 2003 on Western European banks, investment will focus on risk management, accounting, and reporting as a consequence of the major changes in accounting standards and the expected adoption of the new
Trading Technologies International, Inc. (TT) and Eurex today announced that TT, in conjunction with Eurex, will offer a free 90 day trial of TT's X_TRADER front end software to new TT customers in continental Europe. This offer will provide traders
Tiger Consultants, the specialist fund management consultants, have formed a partnership with Yash Technologies, an Illinois based software company with an Indian based subsidiary specilaising in eCommerce, database and networking. The partnership agreement makes Tiger's software services division exclusive agents
SunGard says that ING Group has bought its STeP (Straight Through Enterprise Processing) Platform for reconciliation and exception management, replacing 30 existing systems. The technology is already installed at ING Financial Markets. SunGard recently announced the integration of its intelliMATCH
SunGard Futures Systems says it is making its Octagon system for exchange traded derivatives and futures trade management, processing and accounting available on an ASP basis. Octagon IT Services will aim to provide a secure outsourcing service for futures commission
Charles River Development says that Standard Life Investments, which as over US$145 billion in assets under management, has selected the Charles River Investment Management System (Charles River IMS) for portfolio management (Charles River Manager), order management and trading (Charles River
Linedata Services, the Paris based IT company that acquired the ICON and ICON Retail mutual fund processing platforms from Thomson, has unveiled a 3 year strategic plan to invest in the twin systems. Linedata Services has committed itself to increased
The IBSnet Trade Finance solution has been awarded SWIFTReady Gold Label status for 2004. This is the sixth consecutive year that IBSnet has received it. SWIFTReady Gold certification is the highest level of achievement, and confirms that IBSnet is compliant
TradeWeb, online fixed income trading platform, says that UniCredit Banca Mobiliare (UBM) has become a dealer participant on its network. "The Italian market represents a significant and growing piece of the fixed income business in Europe," says Lee Olesky, President
ADP Wilco says it has extended business process outsourcing service. Its clients are currently able to outsource to ADP Wilco elements of operational processes such as trade capture, end of day reconciliation, instrument pricing and securities and corporate actions reference