SEB Merchant Banking has chosen the Quantlab application developed by Stockholm based Algorithmica Resaerch as a decision support tool for its fixed income group. "We are very pleased that SEB has selected Algorithmica Research's Front Office Product Suite for their
Charles River Development and TradeWeb announced today that they have joined forces to deliver to fund managers what they describe as "the first fixed income straight through processing solution that spans the front, middle and back office." Their new order
SmartStream Technologies, the London based STP solutions provider, has been selected by the International Bank of Taipei (IBT) to automate the bank's Nostro reconciliation process. IBT, founded in 1948, has been listed on the Taiwan Stock Exchange since 1983 and
Pegasystems, the provider of rules driven CRM systems that has had success in the securities industry with Clearstream and other clients, announced today that British United Provident Association (BUPA), a UK based private healthcare organization, has gone live with its
Misys subsidiary Summit Systems announced today that the African Development Bank (ADB)has gone live with a system to support bond, FX, money market, FRA, futures, swaptions and caps floors activities in its treasury and derivatives operations. The bank also licensed
Macgregor(TM), the provider of trade order management systems (OMS) and FIX network services, today announced that Chicago based Ariel Capital Management has selected the Macgregor Financial Trading Platform to automate its equity trading. Ariel Capital Management chose the Portfolio Management,
Eiger Systems, a UK based provider of bank validation applications and data, announced today the launch of BANK WIZARD International, a European version of the same company's UK domestic BANK WIZARD product, which enables users to validate bank details. Consisting
IPC Information Systems, Inc., a provider of trading floor technology, announced today that it has installed 280 IQMX trading desktops at the Barclays Capital North American headquarters. The 260,000 square foot office space can accommodate up to 600 traders. IPC
Treasury systems provider Selkirk Financial Technologies says a lot of major US companies are using its treasury technology to connect to the online foreign exchange trading portal, FXall. Selkirk clients using FXall's portal are now able to import FX deals
SunGard announced today it has established a link between its Investar ONE mutual fund recordkeeping system and AdvisorCentral, an Internet portal for financial advisors. The new link to AdvisorCentral allows users to access client account information for more than 200