Technology

GE Asset Management Buys The Full Enchilada From Latent Zero

LatentZero, the London based provider of front office systems for buy side trade order management and compliance, has sold GE Asset Management its Tesseract, Minerva and Sentinel products to support its fixed income portfolio management, trading and compliance functions. GE

HVB Group Chooses City Networks Reconciliation Solution (Again)

City Networks says Bayerische Hypo und Vereinsbank AG (HVB Group) London Branch, a user of City Networks solutions for over ten years in London, has selected the latest version of CityNet Reconciliation and Investigation after a comprehensive market re evaluation.

Wachovia Capital Markets Buys ADP Wilco GLOSS Bureau Service

ADP Brokerage Services Group says that Wachovia Capital Markets has signed a multi year agreement to use ADP Wilco's Gloss system for its international securities trade processing. ADP Wilco's international system solution, the Gloss Bureau, will handle Wachovia's trade lifecycle

Banco Popular Español Buys Global PAYplus From FundTech

Fundtech says Banco Popular Espaol, the third largest banking group in Spain, has chosen Fundtech's Global PAYplus to replace its existing payment systems. FundTech says BPE is seeking to improve its operating efficiency by increasing its process automation and by