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2203 Results from /wholesale, 2002

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Brief: Raft appoints Derek Hall to the board

UK-based financial software components company Raft International has appointed Derek Hall as a non-executive director, effective immediately.

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IntesaBCI rolls out Domino intranet

IntesaBCI, the newly-created Italian bank from the merger between Banca Commerciale Italiana and Intesa, has implemented a new intranet system across its London operations using technology from Domino Systems.

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Singapore Exchange IT head resigns post

Singapore Exchange Limited (SGX) is reporting the resignation of Roy Simpson as senior vice president and head of the IT Solutions division.

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Mining industry set for live trading on Bolero

Internet-based trade finance platform bolero.net has signed up five Korean bulk carriers to take part in a trading chain with steel company Posco, and metals and mining giants BHP Billiton and Rio Tinto.

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Financial Objects hit by bad debt

An £850,000 provision against potential bad debts will drag down final year results at banking software provider Financial Objects, the vendor has warned in a trading statement.

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Crédit Agricole goes live with Madge DeskStream switches

Crédit Agricole Centre France has upgraded its IT Token Ring network using technology from UK-based Madge Networks.

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Temenos wins three new Globus clients

Banking systems vendor Temenos is reporting three new Globus contract wins at US-based Mellon Financial Corporation, Trust and Investment Bank (TIB) of Russia, and Vietnam-based Techcom Bank.

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IT industry on track for recovery, says IDC

Market intelligence agency IDC says the information technology industry is set to rebound by mid-2002, recovering from the devastating impact of the 11 September terrorist attacks on America.

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Westpac names former NAB exec Michael Coomer as head of e-business

Australia's Westpac Banking Corporation has appointed Michael Coomer as group executive, e-IT & operations.

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Oslo Børs and Copenhagen exchange forge closer IT links

Oslo Børs and the Copenhagen Stock Exchange have extended a co-operation agreement for the development and operation of joint IT systems to support the Saxess trading platform.

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CRM spending curbs imminent, says Meridien

Financial services firms will curb their spending on customer relationship management technology over the next five years, according to a new report from Meridien Research.

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Nasdaq Tools interfaces with Primex Auction System

Nasdaq is to provide customers of its software subsidiary, Nasdaq Tools, with direct access to the Primex Auction System.