Latest Wholesale banking News: Finextra Research

Brief: SunGard veteran Philip Dowd retires

SunGard Data System's senior vice president Philip Dowd has retired after a 32-year long career with SunGard and its predecessor.

07 February 2002

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Capco and SeeBeyond introduce Swift migration tool

Capco and SeeBeyond are putting on a united front for a series of upcoming international seminars presenting their rapid migration solution to Swift ISO 15022 securities messaging formats.

07 February 2002

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Mixed results for London Bridge

London Bridge Software has reported a mixed bag of results for 2001, with revenues up 31 per cent (eight per cent organic) to £74.1 million, but earnings per share falling 6.5 per cent to £0.17. The year was marked by a drop off in new license sales, offset by growth in service revenues.

07 February 2002

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Swissrisk wins EUR5 million investment

Web-based risk solutions vendor Swissrisk has completed its first round of financing totalling EUR5 million.

07 February 2002

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Two more Asian firms join Bolero

Japanese firms Toray International, a chemical and textiles company and Mitsui Soko, a warehousing company, have signed up to the Bolero Internet trade finance platform.

07 February 2002

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Akkermans takes chair as Data4s secures funding

Data4s, the risk management software spin-off of Belgium's K.U.Leuven University, has secured EUR1.75 million in a second financing round.

07 February 2002

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Fimat USA selects Egar for derivatives trading

Fimat USA has licensed Egar Technology's Focus system for its energy and commodity derivatives trading and risk management operations.

07 February 2002

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TD Bank and BondDesk establish ATS joint venture

TD Bank and BondDesk have formed a joint venture to provide a Web-based alternative trading system (ATS) for retail investors in Canada.

07 February 2002

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ExoSonic and SavaJe team up for mobile e-finance

ExoSonic and SavaJe Technologies have jointly developed a wireless application, Galileo, which provides mobile access to quotes, fundamentals, charts, news and instrument search from the Reuters Investor Service.

07 February 2002

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Pershing moves to the Web with Unisys Clearpath

The London arm of Credit Suisse trading and clearing subsidiary Pershing is to offer UK brokerages Web-based access to its electronic stock trading system via Unisys ClearPath and ES700 servers.

06 February 2002

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