TSX Datalinx has signed an agreement with Thomson Financial to distribute CanDeal's real time market data to traders and investors in Canada and around the world. Thomson will provide CanDeal pricing to Thomson ONE Yield users globally, and to Thomson
Vermeg, the Paris based securities services and fund management software firm, has formed a partnership with data vendor Telekurs Financial to integrate financial information from Telekurs Valordata Feed (VDF) into Megacor, its automated corporate actions processing platform. Vermeg says VDF
CorrectNet, a supplier of web reporting and data management services to the fund management industry, is investing over US $3 million to expand its collection of six global data centers, especially in Europe, and launch new products (including a fund
DST International (DSTi) says that Dutch fund manager Brenca B.V. will be migrating to its HiPortfolio 3 mutual funds processing platform during the course of this year. Brenca is an asset management company based in Amsterdam and was one of
ADP Securities Industry Software (ADP SIS), a division of ADP Brokerage Services, has launched something called Auto Cage. The company says it uses real time MQ messaging technologies to automate manual cage activities, and so provides brokerage firms with "accelerated
For the first time in two years, IT spending in the US securities industry will increase in 2004. According to a new report from consultants Celent Communications, total outlay will reach US$26.1 billion by the end of 200 7. Merrill
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
Sun Microsystems says that the United India Insurance Company (UIIC), one of the largest insurers in India, is ordering 10,000 seats of Sun's StarOffice office productivity software. StarOffice software is a key component of the Sun's Java Desktop System. Sun
IT spending on specialist performance attribution solutions will reach US$287 million by 2007 in the US and European markets, predicts Celent Communications in a new report on vendors in the sector. The report analyzes performance attribution in the financial services
Macgregor, a provider of buy side trade order management systems and FIX engines to the buy side, has formed a "strategic relationship" with Pipeline Trading Systems, a New York based provider of high performance trading technology. Macgregor says its buy