Latest Wholesale banking News: Finextra Research

Deutsche Bundesbank completes Trema implementation

Deutsche Bundesbank has gone live with Trema's central banking solution to automate its foreign currency reserve management.

10 December 2002

/wholesale

Deutsche Bank GFS goes live on Omgeo CTM

Deutsche Bank Global Fund Services (DB GFS) has become the first Asian fund administrator to centrally match cross-border trades live on Omgeo Central Trade Manager (CTM) on behalf of a leading investment manager in the region.

10 December 2002

/wholesale

Risk association and AFS to offer benchmark credit risk data

The Risk Management Association, the US-based professional association, has partnered with Automated Financial Systems (AFS) to provide independent, external benchmarking for commercial lending risk exposure.

10 December 2002

/wholesale

Euronext.Liffe completes Amsterdam migration

Euronext.Liffe has successfully transferred all Amsterdam futures and options from open outcry trading to screen trading, completing its migration project three months ahead of schedule.

10 December 2002

/wholesale

Integral offers AVT/Reuters merger alternative

California-based capital markets technology firm Integral is offering a competitive upgrade to banks forced to switch from Reuters Automated Dealing to AVT Echo FX as a result of the recently announced merger.

10 December 2002

/wholesale

Edward Jones upgrades Tarot

Retail stockbroker Edward Jones has upgraded to version 3 of Wilco’s Tarot retail broking and private client investment system for its UK operations.

09 December 2002

/wholesale

Merrill Lynch to use Fenics FX as options pricing standard

Merrill Lynch has begun the global roll-out of Fenics FX, the foreign exchange option pricing and analysis tool from GFI Group.

09 December 2002

/wholesale

Villeneuve to step down as Instinet chairman

Andre Villeneuve (58) is to retire as executive chairman of Instinet at the end of the year. Ian Strachan, current chairman of the electronic broker's audit and compensation committee and a Reuters' board director since May 2000, is appointed to succeed him as non-executive chairman.

09 December 2002

/wholesale

KAS Bank contracts for Reuters' Kondor+ and RTP

KAS Bank has signed an agreement to use Reuters' Kondor+ and RTP (Reuters Trade Processing) as an integrated solution for deal capture, position keeping and risk management across a wide range of products including foreign exchange, money market and derivatives.

09 December 2002

/wholesale

Unisys wins $26 million Maybank cheque outsourcing deal

Unisys has won a business process outsourcing contract for cheque clearing services with Malaysia's largest financial services institution, Malayan Banking Berhad (Maybank), worth an estimated $26 million over the next seven years.

09 December 2002

/wholesale

London Stock Exchange and OM in OTC derivatives venture

The London Stock Exchange is teaming with Swedish technology firm and stockmarket operator OM to develop a new international equity derivatives business, EDX London.

09 December 2002

/wholesale

First National provides direct systems interface for intermediaries

UK finance house First National, a division of the Abbey National banking group, has launched an online application service for intermediaries using its Web site.

09 December 2002

Latest news