Latest Wholesale banking News: Finextra Research

Citibank standardises on Flexcube enterprise platform

Citibank has begun the deployment of India-based i-flex Solutions' Flexcube enterprise banking solution for its global corporate banking businesses in 100 countries worldwide.

22 January 2002

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Clearstream bids to avert UBS defection

The Financial Times is reporting that Clearstream is seeking to reassure UBS about the implications of its forthcoming merger with Deutsche Borse, amid speculation that the giant Swiss bank may be about to switch its clients' assets to a rival clearing house.

22 January 2002

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Bisys prepares for Individual uptake; bags ABN Amro and Bessemer contracts

Bisys has launched a new solution for plan record keeping and administration of Individual - the new US retirement plan product for small business owners.

22 January 2002

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Brief: Fincentric appoints Nick Mancini to the board

Wealth management software supplier Fincentric has appointed Nick Mancini, president and CEO of Assante Canada, to its board of directors.

22 January 2002

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First Union National Bank renews ISS securities contracts

First Union National Bank has extended its licence with Integrated Software Solution (ISS) for its Corporate Universe and ISSMoneyMarket products.

22 January 2002

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Brief: Xinhua Financial Network secures $15 million funding from GEM

Global Emerging Markets Group (GEM) has made a $15 million investment in Hong Kong-based financial data company Xinhua Financial Network (XFN).

21 January 2002

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Invesco Australia automates trade reporting with FMC

Invesco Australia has implemented Toronto-based Financial Models Company's FMCNet solution for trade communication to its custodians.

21 January 2002

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SunGard adds risk analysis to STN Treasury

SunGard Trading and Risk Systems has integrated its Panorama KnowledgeFactory risk reporting suite with its STN Treasury online FX trading platform.

21 January 2002

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Ljubljana Stock Exchange e-enables company announcements

Ljubljana Stock Exchange has launched a new system, SEOnet, for the electronic dissemination of company information.

21 January 2002

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Eurex enhances bond platform

The Eurex derivatives market has upgraded its electronic bond service, offering more products and introducing trader access via the Internet.

21 January 2002

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Cap Gemini Ernst & Young wins Nasdaq Europe IT contract

Nasdaq Europe has signed a five-year multi-million pound outsourcing contract with Cap Gemini Ernst & Young UK plc for the support and management of its IT systems.

21 January 2002

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HKEx merges cash and derivatives business units

Hong Kong Exchanges and Clearing Limited (HKEx) is to merge its cash and derivatives business units into an integrated entity, as part of an exchange-wide restructuring programme.

21 January 2002

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