Sun Microsystems today introduced Capacity on Demand 2.0, a dramatically enhanced "pay as you go" computing option that lowers system acquisition costs while increasing scalability and flexibility in the data centre. Customers can now purchase Sun Fire tm Midframe and
FundTech, the payments system provider, has held an International User Forum designed to bring Fundtech's global customers and industry leaders together to gain new insights into market issues, including consolidation strategies, cost and risk reduction, and delivering customer service. Over
ADP Brokerage Services Group has signed a deal with the Depository Trust & Clearing Corporation (DTCC) to distribute the depository's Domestic Tax Reporting Service (DTax) to ADP clients. DTax provides vital year end tax reclassification information to financial institutions, significantly
Gestitres, the Paris based in sourcer that manages back office operations for French and international marketable securities, has started live operations with Trace Datawise Financial Ltd (Trace Datawise) EasyISO15022. Gestitres is now steadily building converted counterparties. Within the first week,
ADP Brokerage Services Group announced today its acquisition of the business of Vantra Group, Inc. a leading provider of Internet based brokerage solutions. Vantra enables brokerage firms to outsource the hosting and maintenance of their Internet based investor websites. The
NeoNet, a Stockholm based agency broker that provides electronic equity execution services to institutional investors and broker dealers, today announced that it will provide Macgregor, the order management systems (OMS) and FIX network services provider, with access to NeoNet's global
Mutual Fund Technologies (MFT), the transfer agency system provider owned by Fidelity, has launched a new Straight Through Processing (STP) product for the mutual fund market called GFAS Message Exchange. The product went live in early November with Fidelity Investments,
Beauchamp Financial Technology (BFT), a provider of order management and portfolio management solutions to traditional and alternative asset managers, announced that it had launched OrderManager. OrderManager enables fund managers and traders to electronically manage the order process, from inception through
Citisoft, the specialized investment management consulting firm, has today announced the appointment of Kevin Romiza as Senior Consultant. Kevin will be responsible for the implementation of front office technology and process solutions to Citisoft clients. Prior to joining Citisoft, Kevin
Fundtech, the electronic payments, settlement and cash management solutions provider, today announced that NIB Capital Bank (NIB) of The Netherlands is taking its payment process global with Fundtech's electronic payment solution, PAYplus . NIB Capital Bank in the Hague has