TKS Teknosoft SA, the Swiss based partners of Indian software developers Tata Consultancy Services which created the TFM for the now bankrupt GSTPA, says sales rose 10 per cent last year to CHF 78 million. However, the year was overshadowed
Finextra Research, a financial technology news service, announced today that its Financial Technology Strategies 2003 report and survey had uncovered worrying signs of cutbacks in IT spending in the banking industry. According to the survey, which covered over 70 banks,
Ana Concejero, previously head of the Eurex and Deutsche Brse AG representative office in the City of London, where she spearheaded the introduction of the Exchange's trading systems, Eurex and Xetra, has been appointed Head of Marketing at Mako Financial
Misys, the UK based software company, announced today that pre tax profits were up by 16 per cent to GBP 56 million in the second half of 2002. Sales were also 8 per cent higher, at GBP 517 million. "Despite
Investia, the UK based provider of mutual fund processing solutions whose technology underpins the FundsHub distribution platform offered to mutual fund houses by JP Morgan, announced today that it had released an upgraded version of its Javelin technology. The company
Trema, a provider of software, announced today that it had launched Trema Finance KIT 6.0, which incorporates new functionality. The company's clients include hedge and pension funds, insurance companies, investment, corporate and central banks, as well as orthodox fund managers.
ADP Brokerage Services Group announced today an alliance with Advanced Trading Solutions (ATS) to offer ATS's risk management workflow and reporting tool, RiskMon to ADP's back office outsourcing clients on an application service provider (ASP) basis. RiskMon is an automated
B2BITS says it received the highest user satisfaction rating for a Sell Side FIX Engine Vendor in the FIX Protocol Committee commissioned report, "European FIX User Survey." Robert Woodmansey, Chief Executive B2BITS, said "Topping the survey of vendor satisfaction in
City Networks, the provider of software and services to the treasury, securities and derivatives markets, announced today that Raiffeisenbank a.s Prague has gone live with their CityNet Cash Reconciliation (CARS) module. Raiffeisenbank is a network bank of RZB, the central
One Ten, the London based provider of STP solutions to fund managers, announced today that it had appointed Phil Roberts as the company's new Chief Executive Officer. Roberts will report to Gene Moynihan, founder and previously CEO and Chairman of