Wholesale banking - Announcements, News, Articles & Research: Finextra

Mutual Fund Technologies appoints Paul Taylor as head, systems consultancy

Mutual Fund Technologies (MFT), the specialist system and service provider to the fund management industry, announced today a new senior appointee to head the systems team within its Consulting Group.

17 January 2005

/wholesale

Norman Technologies to distribute Swallow reconciliation software

Swallow Technology LTD, a leading international provider of matching and exception processing solutions, announces that they have signed a local distributor agreement with Norman Technologies, a provider of global trade settlement IT consulting services.

14 January 2005

/wholesale

Constellation selects SEI Investments for mutual fund operations

SEI Investments (NASDAQ:SEIC), the global provider of integrated operating solutions for investment management organizations, announced that Constellation Investment Management, sponsor of the Constellation Funds Group, a $2.3 billion fund family, has selected the company to provide mutual fund operating services, including accounting and sub-administration services for its 24 funds. SEI also provides Constellation with business and compliance intelligence.

14 January 2005

/wholesale

German Sparkassen Informatik extends contract with SimCorp

Sparkassen Informatik, IT provider of the German Savings Banks' finance group has exercised an option to extend its SimCorp Dimension licence agreement.

14 January 2005

/wholesale

FactSet signs WestLB

FactSet Research Systems Inc. has been appointed by WestLB AG to provide a global solution for integrated data and applications to support their global research process.

14 January 2005

/wholesale

Thomson TradeWeb reports record volumes for 2004

Thomson TradeWeb, a unit of The Thomson Corporation (NYSE: TOC; TSX: TOC), today announced that TradeWeb, the leading network of online fixed-income markets, achieved a record volume of over $26 trillion in 2004. This represents an increase of 42% over the previous year.

14 January 2005

/wholesale

Stephen Wilson resigns as Belzberg CFO

Belzberg Technologies Inc. (TSX:BLZ) announces today that J. Stephen Wilson has tendered his resignation as Chief Financial Officer of the Company as of February 7th, 2005, in order to pursue other business opportunities.

14 January 2005

/wholesale

Eze Castle Integration hires Don Dempster as managing director

Eze Castle Integration, Inc., a leading outsourced technology provider to the financial services industry, today announced the appointment of Don Dempster to the position of managing director.

14 January 2005

/wholesale

Ubitrade launches derivatives bureau

Ubitrade Limited, part of GL TRADE, has launched an online bureau service, offering a real-time clearing and settlement system for the derivatives markets. The new service, which went live today, offers customers the best of both worlds, says Ubitrade - access to the most advanced clearing and settlement system without the upfront capital outlay for systems and security.

13 January 2005

/wholesale

Nyse comments on SEC Reg NMS

The New York Stock Exchange today submitted its comment letter on the Securities and Exchange Commission’s proposed Regulation NMS, supporting the overall proposal and recommending removal of one specific alternative proposal as harmful to investors, markets and U.S. competitiveness.

13 January 2005

/wholesale

Searchspace releases Anti Money Laundering v4.1

Searchspace today announced the latest and most powerful version of its market leading AML solution. V4.1 delivers improved performance in the key areas of application and system integration, ease of use, enhanced management reporting, and improved detection capabilities.

13 January 2005

/wholesale

Siemens Business Services acquires Serbian IT service provider IBIS-SYS

Siemens Business Services has acquired 96.67 percent of the shares of Serbian company IBIS-SYS A.D., Belgrade, as part of a public offering. With this takeover, the Siemens subsidiary is investing in the further development of business in Serbia and taking another step toward its goal of becoming one of the leading providers of IT services in the Southeastern European market. During fiscal 2004, IBIS-SYS generated sales of more than 10 million euros with 91 employees.

12 January 2005

Company updates