SunGard Says intelliTRAN is SWIFTNet Compliant

SunGard eProcess Intelligence announced today that its new Customer Service solution is among the first vendor solutions to be awarded the latest certification from SWIFT for SWIFTNet Ready. intelliTRAN Customer Service provides global correspondent banks, clearing firms, treasury operations, and

Celent Predicts $12 Billion Market For Basle II Solutions By 2005

Celent Communications predicts that global expenditure on operational risk management initiatives could hit $12 billion by 2005. The prediction appears in "Basle II A False Sense of Security?" a new report from Celent which reckons operational risk weightings are by

Wall Street Systems To Unveil CLS and Basle II Solutions

Wall Street Systems, a provider of treasury and capital markets software, will present the latest enhancements to its treasury engine at Sibos this week. The new functionality has been designed to help financial institutions take advantage of new regulatory requirements

FundTech CLS Clients Go Live

Fundtech, the electronic payments applications group, announced today that twelve of its PAYplus for CLS customers have gone live with the solution, enabling them to interact with CLS Bank, which also went live on September 9. "We have committed significant

SEB Chooses Fundtech For CLS Connectivity

Fundtech Ltd, the Nasdaq lisdted supplier of CLS solutions, announced today Skandinaviska Enskilda Banken (SEB) has selected its PAYplus for CLSTM solution. SEB becomes the 18th CLS Settlement Member bank to select Fundtech's PAYplus for CLS software. Fundtech's CLS solution

BBVA Chooses Asset Control For Reference Data

Asset Control, a provider of investment data integration solutions to the financial industry, today announced that BBVA has chosen Asset Control as the integration infrastructure for management of investment pricing and reference data. The system provides a central data repository

SmartStream launches Transaction Lifecycle Management

SmartStream Technologies, the leading transaction management STP solutions provider, will launch its new solution for automating the complete trade lifecycle at Sibos, Geneva at the end of this month. The new product TLM Transaction Lifecycle Management is the result of

Wilco Adds CCP Netting Functionality to GLOSS

Wilco International, the ADP subsidiary, has added a range of netting features to its GLOSS trade processing and settlement system for central counterparty (CCP) processing within Europe. GLOSS now supports central counterparty netting through the CRESTCo, London Stock Exchange and