Reuters has agreed to acquire Multex.com, the financial information provider, for $7.35 (4.56) per share in cash, or $195 million in total. Based in New York, Multex offers comprehensive financial information on over 25,000 active companies worldwide and earnings estimate
Wilco International, a subsidiary of Automatic Data Processing (ADP), has changed its name to ADP Wilco. The new name takes effect immediately, and will be used by all offices globally. "ADP is one of the largest providers of computerised business
EasyScreen has selected FIX Antenna the multi platform Financial Information eXchange ("FIX") Engine from B2BITS for incorporation into EasyRouter, EasyScreen's core Solutions middleware. The integration of FIX Antenna and EasyRouter will enable any FIX enabled client, Buy or Sell side,
Borrowers don't like it. But securities lenders are increasingly intolerant of a risk they run when lending stock missing dividend payments or other corporate actions with real value, such as takeover and redemption offers. Every agent lender, blamed by an
Wing Hang Bank of Hong Kong has signed an agreement with Reuters to provide a front office trade capture and risk management system as well as a back office trade processing system across its treasury business in Greater China. Wing
Trema, a provider of software, announced today that the Bank of Finland has chosen Trema Finance KIT to manage its foreign exchange reserves, monetary policy and customer payments. Trema Finance KIT integrates front and back offices. Bank of Finland is
Tiger Projects Investment Management, an IT consultancy focused on the UK fund management industry, announced today that it had recently completed an IT consultancy project for Edinburgh Fund Managers. "We were impressed by the breadth of skills and experience demonstrated
Dexia BIL, whose Fund Services group now administers US $120 billion in ten locations around the world, announced today that it is purchasing the Safran data consolidation solution for Dexia Fund Services from Cartesis, a European supplier of financial and
City Networks, provider of software and services to the treasury, securities and derivatives markets, today announced that Lloyds TSB Registrars has purchased their CityNet Cash Reconciliation (CARS) module for use in their UK offices. Every UK publicly listed company has
Reuters announced today that it has enhanced its equities market data offering through a rolling agreement with independent financial research company, Trading Central. The company says this agreement underscores Reuters aim to supply financial market professionals with the most accurate