2203 Results from /wholesale, 2002
/wholesale
Sweden's SEB Merchant Banking has signed an implementation and support deal with Nordic Financial Systems (NFS) to develop treasury software for its corporate clients worldwide.
12 November 2002
Reuters has pulled out of the bidding to supply a new retail brokerage system to Merrill Lynch after refusing to undercut its prices to match competing bids from Thomson Financial.
The Toronto Dominion Bank (TD) has licensed Speedwell Associates's Multi Product Feed (MPF) for dissemination of prices to Bloomberg.
The Hong Kong Stock Exchange and back office vendor Wilco International have jointly launched Wilco International Processing Services, a new service for the outsourcing of securities transaction processing for firms based in Asia Pacific.
11 November 2002
Belgian banking systems house FinancE Technology has appointed Olivier Meyer to spearhead the company's move into the UK market.
Spain's Bankinter and Caixa Banco de Investimento in Portugal, are both to implement Dart+ Pricing, part of the Dart product suite from AFA Systems.
Canadian financial services provider TD Bank Financial has licensed Sungard Investment Management Systems' browser-based portfolio attribution system Xamin.
American International Group has become a shareholder of CLS Group, the interbank foreign exchange settlement outfit.
UK life and pensions vendor Marlborough Stirling has won a £29 million contract extension with Sun Life Assurance Company of Canada, relating to the provision of additional administrative and outsourcing services.
Winterthur Life, the UK life & pensions arm of Credit Suisse, is to install security software from Germany-based Beta Systems across its entire computer network.
Canadian Imperial Bank of Commerce is to wind up bizSmart, its direct banking service for small business enterprises, as part of a wide-ranging restructuring programme announced last month.
08 November 2002
Merrill Lynch is to implement technology from Mantas to detect money laundering activity across its accounts.
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