Latest Wholesale banking News: Finextra Research

Thomson Financial ships investment reporting module

Thomson Financial has launched Dataworks Plus, a Web-based module that allows market data users and systems administrators at investment firms to create and download custom data files.

12 December 2002

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Lombard integrates fund accounting systems with Tibco BusinessWorks

Lombard International Assurance has contracted with Reuters to integrate applications and databases at its Luxembourg headquarters using Tibco Software's BusinessWorks solution.

12 December 2002

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EDS shares rise on Bank of Bermuda outsourcing talks

EDS says it is in exclusive contract negotiations with the Bank of Bermuda for a 12-year $375 million IT outsourcing deal.

12 December 2002

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Pronet Analytics in the shop window

Pronet Analytics.com, a UK-based company providing screen-based investment support and analytical services to FX, money market and equity trading institutions, is looking for a prospective buyer. Options include an exclusive tie-up with a larger organisation, or the sale of individual business units.

11 December 2002

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Misys to integrate Focus' goal:technology with mi-solution

Misys IFA Services is to integrate Focus Solutions sales automation software, goal: technology, with its IFA point-of-sale desktop product, mi-solution.

11 December 2002

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Merrill Lynch selects IMlogic to manage instant messaging

Merrill Lynch is to implement Boston-based IMlogic's IM Manager software to manage and archive instant messaging traffic across the enterprise

11 December 2002

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UBS Warburg pulls plug on energy trading

UBS Warburg has pulled the plug on the online energy trading platform it acquired from Enron and begun laying off employees.

11 December 2002

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Report calls for regulatory reform to cut transatlantic trading costs

Transatlantic securities trading costs could be cut by up to 60% if protectionist regulatory barriers to exchange access are removed. This is the conclusion of a new expert report published by the International Securities Market Association (Isma) in cooperation with the independent New York-based research centre, the Council on Foreign Relations.

10 December 2002

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Global reference data authority established

Securities industry participants are backing the creation of a new Reference Data Coalition (Redac), an international forum for the co-ordination of issues associated with the information requirements for straight-through processing.

10 December 2002

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RadianzNet FIXes it for Townsend Analytics

Townsend Analytics has signed up to financial extranet RadianzNet in a bid to open a new domestic and international sales channel, especially for FIX order routing.

10 December 2002

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Brief: Information Builders and Knowco offer AML compliance package

Information Builders, in partnership with risk management consultancy Knowco, has launched a best practice anti-money laundering (AML) compliance solution for the financial services market.

10 December 2002

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Barclays Capital rolls out NEC-Mitsubishi flat panel monitors to its US traders

Barclays Capital is to outfit its new North American headquarters, which has the largest open trading floor in Manhattan, with 3000 flat panel LCD monitors from NEC-Mitsubishi Electronics.

10 December 2002

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