Latest Detica News: Finextra Research

Turquoise hires former LSE compliance manager Werner

Bank-backed equities trading venue Turquoise has added Ian Werner - a former compliance and investigations manager at the London Stock Exchange (LSE) - to its senior management team.

19 February 2008

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Turquoise enters testing phase

Bank-backed equities trading venture Turquoise has recruited US-based AppLabs to provide testing and quality assurance for its pan-European platform and surveillance system, which is set to launch in September.

14 February 2008

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Turquoise recruits Detica and Progress to build market surveillance system

Turquoise, the bank-backed equities trading platform that is being set up to compete with the domestic stock exchanges in Europe, is teaming with Nasdaq-listed Progress Software and London-based consultancy Detica to offer a real-time trading surveillance system.

28 January 2008

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Detica reports 'sharp decline' in business from banks

Shares in UK business and technology group Detica slumped after it reported a "sharp decline" in business from investment banks towards the end of its first half following the global credit crunch.

19 November 2007

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Detica wins FSA market abuse contract

UK business and technology group Detica has signed a letter of intent with the Financial Services Authority to build a new market abuse intelligence system.

15 December 2006

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Detica to acquire capital markets consultancy MA International

Technology consultancy Detica is acquiring MA International Limited (ma partners), a privately-owned consulting group specialising in the capital markets sector, for a total consideration of £32.3 million.

08 August 2006

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Detica to buy Evolution Consulting

Technology consultancy Detica is acquiring London-based Evolution Consulting, a specialist firm focusing on the wholesale financial services sector, for approximately £8.5 million in cash.

28 November 2005

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UK banks lagging in Basel preparedness

UK banks are in a poor state of readiness to meet the forthcoming Basel Accord, with data management issues and operational risk measurement the critical stumbling blocks, according to research conducted on behalf of technology consultancy Detica.

11 April 2003

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