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2203 Results from /wholesale, 2002

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ICE restructures management

IntercontinentalExchange (ICE) has created a new office of the chairman, staffed by Jeff Sprecher, CEO, Chuck Vice, COO, and newly-appointed CFO Richard Spencer.

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FT Interactive Data integrates with Asset Control

FT Interactive Data has teamed up with data integration systems supplier, Asset Control International, to deliver a new range of market data software solutions, beginning with corporate actions information services.

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Sun bags Bank of America and RBC contracts

Sun Microsystems, embroiled in a savage pricing war and facing loss of market share to IBM and Dell, is reporting four IT contract wins with leading North American companies including Bank of America and RBC Financial Group.

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Anvil launches multi-purpose prime broker desktop

London-based Anvil Software has introduced a front office trading system for prime brokerage which enables brokers to perform trading and client-facing activities from the same desktop.

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Bisys launches compliance management system; wins Man hedge funds

Bisys has introduced a new Web-based solution designed to track US state-specific licensing renewal and continuing education (CE) requirements for insurance products.

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Tallinn Stock Exchange delays launch of HEX trading

Tallinn Stock Exchange (TSE) is postponing implementation of the Helsinki exchange HEX trading system by a month until 25 February, 2002, in response to member calls for more time for technical testing.

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Safeonline insurance covers new technology failure risk

London-based digital risk insurer, Safeonline, has introduced a new insurance package to protect technology companies against lawsuits deriving from technical failure their products, and covering risks excluded by traditional policies.

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Northern Trust introduces Web-based corporate action tool

Northern Trust, a provider of treasury management and risk services, has launched a new Web-based corporate action delivery and decision response (CDR) tool for institutional clients and fund managers.

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CIBC World Markets research added to Workbench portal

CIBC Mellon, the joint venture custody business of Canadian Imperial Bank of Commerce and Pittsburgh-based Mellon Financial Corporation, has added CIBC World Markets economic research to its Workbench Internet portal.

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ICor Brokerage launches FX options e-broking service

ICor Brokerage Ltd, the joint venture between Reuters and ICor Brokerage, has gone live with electronic broking of plain vanilla FX options via the Reuters Dealing 3000 platform to market participants in Asia Pacific.

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OM expands global services business with Hostmark acquisition

Stockholm-based technology vendor OM has acquired the data centre operations and staff of Hostmark, the Swedish subsidiary of WorldPort Incorporated, as it steps up its campaign to become a major player in the facilities management market. Financial terms were not disclosed.

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Brief: Financial Technologies names Michael Meriton CEO

New Jersey-based Financial Technologies International, a provider of real-time business information platforms to the financial services industry, has appointed Michael Meriton as chief executive officer.