Computer Sciences Corporation has signed a five year, $17.6 million contract with China Pacific Property Insurance Company (CPPIC), the second largest property and casualty insurer in China with 26,000 employees and 1,700 offices throughout the country. Under the contract, CPPIC
Fitzrovia International's latest research reveals that the number of funds serviced in Guernsey has grown by 15.5% during the last year, with the total rising from 981 to 1,133 funds and sub funds over the year to 30 June 2004.
National Australia Bank (NAB) has sold two Irish banks to Danske Bank has for 10.4 billion Danish crowns ($1.86 billion), according to Reuters. In its first venture out of the Nordic region, Danske purchased Northern Bank and National Irish Bank.
The Korea Futures Exchange (KOFEX) has signed an extended five year agreement with OM for the support and maintenance of the CLICK exchange trading system and the SECUR clearing system. "We are delighted that the KOFEX, one of the world's
Proxy voting in Taiwan took a step backwards today with news that sub custodian banks will have to attend company AGMs in person to vote proxies on behalf of their foreign clients. The Securities and Futures Commission (SFC) has amended
Julius Baer Brokerage Europe has acquired an order management system from GL Trade for its trading rooms in Amsterdam, Frankfurt, Madrid, Milan, Paris and Zurich. GL Trade says its GL STREAM Front to Back solution enables management of an order
Troubled UK insurer Royal & Sun Alliance is considering selling its life assurance business, according to reports earlier this week. Royal & Sun has already received bids for the business, but the reports suggest the company may opt instead to
AFA Systems plc, the AIM listed global provider of advanced software solutions for the Banking and Asset Management industries, has announced the signing of an agreement with a Scottish investment management group to provide it with its knowledge management product,