Insight Investment Management, the UK based fund management arm of the HBOSD banking group, has chosen the FMCSylvan software application manufactured by Financial Models Company (FMC) to manage its performance measurement and attribution needs. Insight has over 60 billion of
Computer Sciences Corporation has been awarded a seven year, $12 million software and information technology (IT) services contract with American Community Mutual nsurance Co., a provider of group and individual health and life insurance. Under the agreement, American Community will
Netik, the securities data management and reporting software firm. says it has released an upgrade d version of its Data Portal product. The company says the upgrade to the Data Portal now in Netik InterView release 7 was driven by
Linux continues to gain popularity in the US securities industry, with large brokerage firms leading the adoption charge, says TowerGroup. Tower says the language is currently deployed as the operating system on 9 per cent of all servers in the
City Networks, a UK based provider of software and services to the treasury, securities and derivatives markets, says it increased both revenue and operating profits in 2003. For the fiscal year ending June 2003, City Networks delivered a positive financial
CMS WebView plc (CMS), a provider of software systems for real time financial data distribution and management, says the market data feed it built for the Chicago Board of Trade (CBOT) has gone live. The new market data feed provides
Alecta has selected front office analytics software from Stockholm based Algorithmica Research for its asset management operations. Quantlab Software will be integrated into the production environment in order to support the fixed income group. "This shows that the Quantlab family
ADP Brokerage Services Group (ADP), a division of Automatic Data Processing, Inc., has announced that WestLB New York and Düsseldorf have gone live with ADP OMR's TradeThru ASP solution for foreign exchange and money market processing. TradeThru was rolled out
Premier Chocolate Products, a UK based manufacturer and supplier of chocolate and cocoa based ingredients and David Cater Ltd, a UK based physical commodity broker, are two of the five new corporate clients to subscribe to ProphetX in December 2003.
Misys, the UK based software company whose new management is refocusing its business through a series of disposals and acquisitions, has acquired IQ Financial Systems (IQFS) from Deutsche Bank for $40 million in cash. Misys says the acquisition extends its