Fundtech, the electronic payments applications group, announced today that twelve of its PAYplus for CLS customers have gone live with the solution, enabling them to interact with CLS Bank, which also went live on September 9. "We have committed significant
Fundtech Ltd, the Nasdaq lisdted supplier of CLS solutions, announced today Skandinaviska Enskilda Banken (SEB) has selected its PAYplus for CLSTM solution. SEB becomes the 18th CLS Settlement Member bank to select Fundtech's PAYplus for CLS software. Fundtech's CLS solution
Asset Control, a provider of investment data integration solutions to the financial industry, today announced that BBVA has chosen Asset Control as the integration infrastructure for management of investment pricing and reference data. The system provides a central data repository
SmartStream Technologies, the leading transaction management STP solutions provider, will launch its new solution for automating the complete trade lifecycle at Sibos, Geneva at the end of this month. The new product TLM Transaction Lifecycle Management is the result of
Wilco International, the ADP subsidiary, has added a range of netting features to its GLOSS trade processing and settlement system for central counterparty (CCP) processing within Europe. GLOSS now supports central counterparty netting through the CRESTCo, London Stock Exchange and
Wilco International, the ADP subsidiary with manufactures the GLOSS securities management and control application, has announced a new module for Japanese margin trading. The module further extends the global market coverage of Wilco's Gloss trade processing and settlement system, and
Misys has acquired Eagleye Solutions, a supplier of compliance software for the asset management industry. The company will pay a total consideration of up to 15m over a three year period for the acquisition. The acquisition expands the presence of
Wilco has developed a two way interface between its retail and private client stockbroking system, Tarot, and its institutional trade processing and settlement system, Gloss. The company says the new interface will benefit brokers using Tarot for international trades, by
Matt Mandalinci has been appointed president of SunGard eProcess Intelligence , the SunGard ePI divisioin which is responsible for straight through and exception processing at the IT giant. "It is very exciting to be running a business that not only
Macgregor(TM), the trade order management systems supplier, and Boston based Olmstead Associates, a securities industry consulting and training firm, have formed an alliance. Olmstead Associates consultants have completed the Macgregor Certification Program, allowing them to work alongside existing Macgregor staff