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

HVB group deploys Sophis Risque for cross-asset derivatives trading

Today, Sophis announced it has recently extended its agreement with HVB group, Germany’s second largest private-sector bank. Under this agreement, the newly-formed, cross-asset focused, Structured Derivatives Division at Corporate&Markets of HVB Group will use RISQUE as its main platform for sales, trading, structuring, risk control and operations in front, middle and back offices. This transformational deal completes the four-year collaboration with the bank’s equity-linked products business, and is one of the cornerstones of HVB cross-asset strategy. RISQUE will be rolled out with hundreds of workstations and will replace several in-house and third party systems in all relevant asset classes.

11 January 2005

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Swapstream adds WestLB, ING and Santander to IRS platform

Swapstream, the only multilateral electronic trading platform for medium and long term interest rate swaps (IRS), announced today the addition of Banco Santander Central Hispano, WestLB, and ING Bank as new users next to the existing banks and brokers on the platform.

11 January 2005

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Cameron Systems signs US reseller deal with Greenline; Patterson Capital first to market

Leading global FIX trading solutions provider, Cameron Systems, today announced a partnership with leading Chicago-based FIX Test-Certification service provider, Greenline Financial Technologies. The partnership provides for a Chicago-based, end-to-end FIX connectivity service for the financial trading community, of which leading derivatives trading firm, Patterson Capital Markets has already taken advantage.

11 January 2005

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Dexia, KBC Join BondVision as volumes hit fresh record

BondVision, the B2C (Business-to-Consumer) arm of the MTS Group, is pleased to announce that Dexia Bank and KBC Bank, both leading financial institutions in Europe and particularly in Belgium, have joined its consortium of dealer participants effective today.

11 January 2005

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DrKW upgrade Yolus package for risk reporting

Dresdner Kleinwort Wasserstein has upgraded to the latest version of Yolus' Y-X static data management software.

11 January 2005

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Lloyds TSB runs the business of IT with Business Engine

Business Engine, a leader in application software solutions for running the business of IT, has announced that Lloyds TSB is successfully using its flagship product, the Business Engine Network (BEN) to align IT with strategic business objectives, increase project transparency and deliver value to internal business sponsors.

11 January 2005

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Rabobank, Mitsubishi Trust, and Banco do Brasil select eGifts

GIFTS Software, a leading provider of funds transfer, e-banking and anti-money laundering solutions, announced today the selection of its second generation funds-transfer product, "eGIFTS", by Mitsubishi Trust & Banking Corporation, Rabobank International and Banco do Brasil.

11 January 2005

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eSignal 7.8 enhancements presage European sales expansion

eSignal, a division of Interactive Data Corporation (NYSE: IDC) and a leading provider of streaming, real-time financial market data, news, analytics and decision support tools to professional and individual traders, today announced the immediate availability of eSignal® 7.8. As part of eSignal's plan to broaden its business in Europe, eSignal 7.8 now includes London Stock Exchange (LSE) Level 2 data, Euronext Equities Level 2 data, OFEX data and Bern Stock Exchange data. In addition, eSignal has completed an agreement with AFX News Limited - a leading European provider of international economic news coverage to professional and private investors - that will expand eSignal's set of current AFX offerings to include services such as dpa-AFX, German language news, and AFX-CNF. AFX-CNF is a real-time aggregation of the headlines and full text bodies delivered by all of the Primary Information Providers (PIPS), including the London Stock Exchange Regulatory News Service (RNS).

11 January 2005

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Liquidnet average daily volume climbs to 23 million shares

Liquidnet, the #1 electronic marketplace for block trading, announced its end-of-year and fourth quarter 2004 results today. Liquidnet's average daily volume climbed to 23 million shares for the fourth quarter, nearly an 11 percent increase over the last quarter and a 77 percent increase from the fourth quarter a year ago. For the year, Liquidnet's average daily volume was 20.2 million shares, more than doubling the firm's average daily volume in 2003.

11 January 2005

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Metavante signs Regions Financial Corporation

Metavante Corporation today announced that it has entered into a long-term investment technology agreement with the trust and asset management division of Regions Financial Corporation (NYSE:RF). Metavante is the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE:MI).

10 January 2005

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RiT Technologies wins investment bank contract

RiT Technologies (Nasdaq: RITT), the pioneer and world-leading provider of intelligent physical layer solutions, today announced that one of the world's largest diversified financial services companies, has chosen RiT's Intelligent Physical Layer Management Solution (IPLMS) to help it maximize the performance and reduce the cost-of-ownership of its mission-critical networks.

10 January 2005

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FactSet Research Systems acquires TrueCourse

FactSet Research Systems Inc., (NYSE: FDS) a major supplier of computer-based financial and economic data to the investment community, today announced its acquisition of TrueCourse, Inc. on January 4, 2005.

10 January 2005

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