2203 Results from /wholesale, 2002
/wholesale
IBM has clinched a 10 year US$230 million contract to manage Bangkok-based Thai Farmers Bank's (TFB) IT network and services.
29 November 2002
Responding to industry criticisms, the Federal Reserve has established a private-sector working group to recommend steps to mitigate risks in the clearance and settlement of US government securities.
Norwegian systems house EDB Business Partners is to shed 185 staff as it forecasts no upturn in market conditions over 2003.
28 November 2002
Hong Kong hedge fund PMA is to implement London-based Beauchamp Financial Technology's portfolio management software FundManager.
CCLA Investment Management (CCLA), a UK manager of charitable funds, is to deploy Financial Models Company's performance measurement, attribution and risk analysis solution FMCSylvan.
The global IT industry suffered its largest decline ever in 2002, with a growth rate of -2.3 per cent, according to research by market intelligence agency IDC.
US brokerage Refco has released Refco ProTrader, the front-end dealing system devloped under its joint venture with exchange trading outfit EasyScreen.
JPMorgan Chase is to implement Mighter Gissing's multiple contribution software, ConteX MCS, across its London operation.
Visual Trader Systems, the technology company subsidiary of Bolsa de Madrid and Bolsa de Valencia, has signed a European distribution agreement for its front office Multimarket Terminal trading system with Italian software house TAS.
UK-based Tiger Projects Investment Management has launched a software development division to provide data consultancy services to asset management firms.
27 November 2002
Euronext Amsterdam is to convert its defunct futures and options trading floor into a news centre for the financial industry.
Connecticut-based securities firm RBS Greenwich Capital has selected FNX's Sierra ASP system to support its foreign exchange accounting business.
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