ADP Brokerage Services says WestLB AG has achieved significant cost and risk reductions by using its outsourcing platforms for international treasury and debt instrument processing. WestLB AG commenced live operations on ADP OMR's TradeThruTM solution for its treasury processing, and
Sun Microsystems will be technology provider for Euronext.Liffe, chosen recently by the Chicago Board of Trade to host their new trading platform. Sun will supply the infrastructure and managed services to support the platform. The CBOT, the world's oldest futures
The State Bank of India (SBI) has implemented a reconciliations tool supplied by SmartStream Technologies in its Foreign (or Forex) Department in Kolkata. Smartsream says SBI the largest bank in India, with more than 9,000 branches and over 200,000 employees
TIBCO says that Derbyshire Building Society, now one of the largest organisations in the shrunken UK building society sector, has bought its integration tools to improve operational efficiency in home loans, savings and investment products, insurance, purchasing, internal fiscal reconciliation
ADP Power Securities Systems (ADP PSS), a unit of A DP's Brokerage Services Group announced today the launch of the new ASP version of PowerClear, its securities transaction processing system. The ASP product is named webPowerClear and it includes new
The Patriot Act will oblige Wall Street investment banks to invest $700 million improving their anti money laundering technology over the next two years. Or so says the Tower Group, in a new report entitled The USA Patriot Act Brokers
Syntegra announced today that brokers Prebon Yamane went live in Sydney earlier this month with its ITS turrets, speakers and voice trading technology. The new technology replaces an older Syntegra system that the broker installed in 1992. "Following the decision
Terry Williams, the founder of Wilco, is now with a company which claims to have liberated corporate software buyers from the invidious choice between hugely expensive bespoke solutions and inflexible off the shelf packages. The liberator is a rules based
Today, IBM announced what it describes as an insurance industry first an agreement with Canada Life for insurance software applications that will be delivered on demand, and paid for according to the volume of insurance policies processed. IBM says Canada
ADP Wilco says Edward Jones Limited has gone live with new order placement functionality for principal processing on ADP Wilco's retail stockbroking platform, Tarot. This enables Edward Jones, an established user of Tarot, to offer its retail investors access to