Technology

BFI’s MEGARA Awarded SWIFTReady Gold Label

BFI announced today that its securities processing solution for custodian banks, MEGARA, has been accredited with the SWIFTReady Gold Label for 2002 by SWIFT. The SWIFTReady Gold Label is the highest form of accreditation provided by SWIFT to vendors of

TIBCO Launches Global STP/T +1 Tool

TIBCO Software Inc today announced TIBCOTMT Real Time Trade Management for Financial Services, an end to end integration and Business Process Management (BPM) solution for the financial services industry. The new solution, designed to support the Global Straight Through Processing

Smart Software To Help Prevent Money Laundering

> Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations

TAIPEIBANK Chooses FirstOrder For eTrading Solution

FNX Limited (FNX), a leader in delivering financial technology solutions to the global capital markets, today announced that TAIPEIBANK Co. Ltd has chosen FirstOrder to provide a Web based eTrading solution. The Bank, headquartered in Taipei (Taiwan R.O.C), will be

Rabobank Selects Corona For Cash and Liquidity Management

SmartStream Technologies has announced that Rabobank, the largest Dutch bank, has selected Corona to enable real time reconciliations and processing of cash transactions. Rabobank went live with Corona at the end of 2001. A total of 60 users across five

HelioGraph and CMG Prepare Bundesbank for ISO15022

HelioGraph, the global Straight Through Processing (STP) solutions provider, today announced that CMG, the international IT services group, has chosen to use HelioGraph's ISOConverter product to provide ISO15022 migration solutions to its German clients. The first client to benefit from

SunGard Releases Global Margin Server for T+0 Margining

SunGard Futures Systems, an operating unit of SunGard, announced today the availability of the new real time version of its Global Margin Server (GMS), a central processing system for calculating initial and on demand variation margin requirements for exchanged traded

Asset Control Unveils ACDEX

Asset Control unveiled ACDEX, a new outsourced service that manages the quality, integrity and distribution of securities related data. For financial institutions and corporations that use securities data in trading operations, risk management, and portfolio management, ACDEX operates as a

GTT To Enhance Trade Processing Hub

US based Global Trade Technologies (GTT), a provider of trade order management software, is planning to release an upgrade to Bizbonds.net, providing a new FIX protocol processing hub for fixed income securities. "Web services allows us to create a single

India's Financial Technologies Eyes US Market

Financial Technologies (India) Ltd, an e trading and financial software solutions provider, is eying the US market as part of its global expansion plans. The company is currently studying the market and exploring possibilities of establishing a physical presence in