Technology

Maple Leaf Buys STP Solution From Sophis And TradingScreen

Sophis, a provider of portfolio and risk management systems, and TradingScreen, a provider of connectivity for fund managers announced today that Maple Leaf Capital went live with their Integrated Solution. Maple Leaf Capital, the London based manager of the Maple

BNY Says Home-Grown Software Development Arm Won Quality Award

The Bank of New York announced today that its Software Development Assurance Division recently received CMM Level II certification for its software engineering practices. The Bank of New York received certification on its first attempt and in just 12 months.

Deutsche Bank Makes Bond Trading Platform Available Via Reuters

Reuters announced today that it had reached an agreement with Deutsche Bank to make the autobahn fixed income trading platform accessible via Reuters products, including Reuters 3000 Xtra, Reuters premium information product. This agreement will provide authorized Reuters end users

Syntegra Says Its CREST Connectivity Solution Is ISO15022 Compliant

Syntegra announced today that SettleNET, its Internet Protocol (IP) network service for CREST connectivity, can secured accreditation to carry ISO 15022 standard messages. CREST is offering ISO 15022 messaging to complement its proprietary DEX messaging, with a view to ultimately

SSF Launches New Automated Recall Management Service

SunGard Securities Finance has been quick to respond to the Securities Industry Association's recommendation for new standards in automating the recall process in the securities lending industry. The SIA has called for software vendors to establish electronic recall management services,

INVESCO PERPETUAL Buys MFT GFAS Fund Administration System

Mutual Fund Technologies (MFT), the transfer agency system provider owned by Fidelity, announced today that INVESCO PERPETUAL had selected its Global Fund Administration System (GFAS) to manage their UK operations. The conversion is currently planned for September 2003 and will

OM Forms New Group To Focus On Banks And Broker-Dealers

OM is tightening its focus on the bank and brokerage markets by establishing a new business area called Banks & Brokers. The new business area is largely based on what was previously known as the Broker Services business area, including

On-Line Payments On Brink Of Chaos, Says Eiger Systems

Eiger Systems Limited, the Rugby based supplier of data validation software for the financial services industry, today claimed that the cost of maintaining in house biller systems is becoming unsustainable for the UK banking industry. "Growth in the popularity of