Several of the leading names in order management systems for find managers Charles River Development, Eze Castle Software, Linedata, Macgregor, SunGard and Thomson Financial have agreed to add functionality to their systems to make it easier for fund managers to
SunGard Securities Processing announced today that Credit Lyonnais Securities (USA) Inc. has implemented SunGard's STN Settlements system to manage trade messaging between the Phase3 securities processing system and SWIFT Euroclear for both U.S. and foreign securities. STN Settlements is an
B&CE, a provider of stakeholder pensions, has chosen Aqera's iPensions software for its annual pension statements. The statements, known as Statutory Money Purchase Illustrations (SMPI), are required of all pensions providers from April 2003 by the Department for Work and
HelioGraph announced today that Commerzbank Securities has gone live with eVent, its corporate actions automation solution. The bank went live the week before last week, following six weeks of User Acceptance Testing. Commerzbank Securities now uses eVent to automate its
The Banking and Securities division of Misys, the UK based technology group now in the throes of reinventing itself, was the only one of its three business divisions not to increase revenues in the first half of the year. Total
Luxembourg based Lombard International Assurance has hired Reuters and its subsidiary, TIBCO, to improve its STP performance by providing the company with SWIFT connectivity and linking its fund accounting systems and in house policy management systems. Lombard, which is enjoying
SunGard warns today that the transition to SWIFTNet, the new network created by the Brussels based payments network SWIFT, is more complex than some banks realise. And it has to be accomplished no later than the end of 2004. The
Trema, a provider of software, today announced that Deutsche Bundesbank's foreign currency reserve management group has gone live with its central banking solution. "Trema's solution delivers STP across front, middle and back office for the bank, which is now fully
OM says it has reached a technology co operation and facilities management agreement with Nordic Electricity Clearing House ASA (NECH), a subsidiary of Nord Pool, the Scandinavian electricity exchange. Nord Pool offers trading in standardized physical and financial energy contracts
Wilco says Edward Jones Limited has upgraded to version 3 of Wilco's Tarot retail broking and private client investment system for its UK operations. This further extends the relationship between Wilco's parent, ADP, and Edward Jones. Edward Jones has maintained