Technology

ABN Amro Buys Aleri For CLS Third Party Services

Aleri's CLS Server is enabling ABN AMRO to provide third party services for Continuous Linked Settlement (CLS) on foreign exchange transactions. Following the launch of the bank's proprietary trading in October, CLS Server is now live for third and fourth

Standard Bank Buys Algorithmics Collateral Management Tool

Algorithmics announced today that Standard Bank Group of South Africa had licensed Algo Collateral as the margining software for their global credit collateral requirements. Standard Bank is a longstanding client of Algorithmics, having licensed their Algo Market solution in 1996,

Harvard Management Buys SunGard ISO 15022 Solution

SunGard today announced that Harvard Management Company (HMC) has gone live on its SWIFT ASP solution in order to achieve ISO 15022 migration. "SunGard Business Integration's SWIFT ASP solution provides a cost effective alternative for financial institutions that seek to

T.Rowe Price Buys One Ten ISO 15022 Solution

One Ten, a provider of STP solutions to the investment industry, announced that T. Rowe Price International in London (TRPI) has gone live with One Ten 's Salerio e2e Middleware solution. The installation of this flexible middleware product from One

DrKW Securities Financing Unit Chooses Calypso

San Francisco based Calypso Technology announced today that investment bank Dresdner Kleinwort Wasserstein (DrKW) has chosen Calypso for its global securities processing, with the first component of the new system due to go live for Tri Party Repo on 4th

HVB Subsidiary Selects Smartstream As Its STP Platform

SmartStream Technologies, the transaction management STP vendor, has announced that Financial Markets Service Bank GmbH, a subsidiary of HVB Group, has implemented SmartStream's TLM(tm) (Transaction Lifecycle Management) solution. The bank has gone live with TLM for Treasury Confirmations. This forms

Razor Investment Management Chooses Beauchamp Financial

Beauchamp Financial Technology (BFT), a provider of order management and portfolio management solutions to traditional and alternative asset managers, announced today that it has been selected by Razor Investment Management to provide portfolio management software. Nick Gaze, Chief Financial Officer

Fundtech Introduces New Corporate Pay Tool

Fundtech announced today the introduction of Positive Pay functionality that enables bank's corporate customers to track their issued checks against checks presented daily for payment. Positive Pay is a feature of Recon ManagerTM, Fundtech's comprehensive reconciliation and transaction matching solution.

Fundtech Launches Data Mining Service For Banks

Fundtech announced today a partnership with Treasury Strategies, Inc. to offer a new Payments Data Mining Service. The solution enables banks to identify new business opportunities as a result of analyzing data patterns present in their existing payment transaction records.

Italian Bank Buys Summit-Misys STP Technology

Milan based FinanzAttiva Sim, part of the Banca Popolare di Bergamo Credito Varesino banking group, has bought more technology from Summit, the Misys subsidiary. It has added support for exotic equity swaps and complex structured bonds to its existing collection