2203 Results from /wholesale, 2002
/wholesale
New York-based Paradata Systems has launched a new professional services group to provide custom solutions for financial organisations and other companies specialising in electronic payments.
11 January 2002
Advent Europe has entered an alliance with the London division of Pershing, a provider of multicurrency execution and clearing services, to co-promote their products to the UK securities marketplace.
Brazillian exchange and clearing operator Cetip, has gone live with a new electronic marketplace for mortgage-backed securities (MBS), powered by ePit Systems.
JPMorgan Chase has expressed its displeasure at the proposed takeover of Clearstream by Deutsche Borse by publicising plans to shift all of its European custody business to arch-rival Euroclear.
A new survey by RBC Capital Markets and the Computing Technology Industry Association (CompTia) reveals that the protection of data through the use of system area networks (SANs) has become a key priority for US corporations in the wake of the 11 September terrorist attacks on America.
Nasdaq Japan has elected Yoshiro Katsuya as president and member of the board, and CEO Tatsuyuki Saeki as chairman.
Sun Microsystems is to offer Bowstreet Web services software over the Sun ONE platform.
Mike Bloomberg, the billionaire media mogul and Mayor of New York, has been ordered by a judge to give evidence in a court case between his company and a former associate, according to a report in The Telegraph.
10 January 2002
UK book entry depository Crest is reporting a 29% increase in turnover to £63.2 trillion for 2001 against a 26% rise in settlement volumes from the previous year.
The US Office of the Comptroller of the Currency (OCC) has issued a handbook to help guide financial institutions and examiners in managing the risks involved in the custody business.
Swiss logistics group, Kuehne & Nagel, has signed up to the Bolero Internet-based trade finance platform.
The Financial Times is reporting that Société Générale's Internet broker Fimatex is closing its UK and Spanish operations, in a bid to break even later this year.
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