2203 Results from /wholesale, 2002
/wholesale
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20 December 2002
Allianz Dresdner Asset Management Deutschland is to implement SimCorp's investment management software TMS2000 as its unified back office system.
French online broker Fimatex says it has entered exclusive talks with Germany's DAB Bank to buy its French broking arm SelfTrade. Financial details have not been disclosed.
Carreker Corporation, a US-based supplier of cheque processing and fraud detection systems to the banking industry, has delayed its third quarter earnings statement while it awaits the outcome of a probe into the timing of the company's revenue recognition.
Credit Suisse is to cut 300 back office and IT jobs at Credit Suisse First Boston in Zurich under plans to consolidate securities and treasury transaction processing operations.
Royal Bank of Canada has contracted with American Management Systems to implement the TradeLine system as its North American trade finance platform.
SWX Swiss Exchange has made an offer to take full control of the virt-x, the AIM-listed screen-based exchange in which it already holds a 39% stake.
TradingScreen has announced the launch of an automated Exchange-Traded Funds (ETF) trading system.
19 December 2002
Pershing, a Credit Suisse First Boston company, has contracted with Intuit to provide TaxCenter, a comprehensive tax planning and support service for broker-dealers customers and their clients.
Swift has announced that AT&T will join Colt, Equant and Infonet to manage its secure IP-VPN (virtual private network).
Spanish depository Grupo Mercados Financieros has entered an agreement to use the ISO 15022 standards and interbank Swift network for its new central counterparty clearing service for fixed income repo transactions.
Market data vendor Moneyline Telerate has released version 2.2 of it browser-based system WebStation.
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