Microsoft, BEA Systems and TIBCO Software have published a new Web services specification called WS Eventing. The aim is to offer a common way of communicating events within and between Web services. Events are defined as "occurrences in the real
Swisscom IT Services (Swisscom), a provider of ASP services to Swiss banks, has bought SunGard's Mint Knowledge Broker to handle its interbank messaging requirements Before the end of 2004, Switzerland's banking industry has to migrate all of its x.25 SWIFT
Caplin Systems Ltd, providers of real time web technology, says UBS is providing real time indicative option prices to its clients using Caplin's wide area messaging (WAM) technology. UBS originally adopted Caplin technology to disseminate real time prices to its
Summit Systems says that Bank of China has bought its treasury and capital markets platform for its interest rate derivatives trading desk. The system, which went live in December 2003, was implemented in Beijing and other sites to provide the
SunGard Trading and Risk Systems, an operating group of SunGard, has acquired the WhiteLight Basel II solution, including WhiteLight's SymphonyRPM development team. WhiteLight's Basel II solution a calculation, analysis and reporting solution that uses the SymphonyRPM Analytic Platform is being
UBS is revamping its IT infrastructure and management by creating a central group of 3,000 specialists, according to press reports in Zurich. The goal of the centralisation, which will take effect in the second quarter, is to trim costs by
Wall Street Systems says Cincinnati based Fifth Third Bancorp has bought its treasury engine to facilitate the provision of forex services to corporate customers. Over 30 users will be based at the bank's headquarters in Cincinnati, as well as remote
ADP Claims Services Group, part of Automatic Data Processing, is buying ABZ Group BV, a privately held company in the Netherlands. ABZ, located in Zeist, has revenues of Euros 40 million. It is a business service provider, offering web based
Eiger Systems, a provider of payment systems, says it that it has been ranked eighteenth in the 2003 Deloitte European Technology Fast 500, and is the third highest placed UK company. The 2003 Deloitte European Technology Fast 500 is a
The performance analytics market is being driven by regulatory and legislative standards, competition and client demands, and fund managers' solutions are creaking under the requirements. Which means that fund managers are putting performance analytics technology at the top of their