Latest International Financial Systems (IFS) Ltd. News: Finextra Research

Integral acquires International Financial Systems

Capital markets software company Integral has acquired International Financial Systems, the Dublin-based provider of the MarginMan collateral trading software, currently in use at 20 of the world's top financial institutions, including ABN Amro, Citigroup Private Bank, Deutsche Bank and UBS.

05 February 2002

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Industrial Bank of Japan chooses IFS for collateralised trading

Dublin-based International Financial Systems (IFS) has begun the global implementation of its collateralised trading system, MarginMan, at the Industrial Bank of Japan (IBJ).

03 July 2001

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Currenex adds option pricing and collateralised trading gateway

International Financial Systems is to provide collateralised trading services to the multi-bank foreign exchange portal Currenex.

27 March 2001

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Brief: Ukranian bank looks to chip card future

Ukranian banking company, Vseukrainsky Aktsionerny Bank (Vabank) has licensed card processing software from IFS. The contract is the first to be signed under the "e-chip" marketing programme implemented by IFS in conjunction with Visa International

03 November 2000

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IFS acquires Internet trading system developer Dene

Dublin's International Financial Systems (IFS), has acquired UK Internet trading solutions developer Dene International in a deal worth $21 million.

01 November 2000

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Brief: SEB signs up for Margin Man

Sweden's Skandinaviska Enskilda Banken (SEB), is to use Margin Man from International Financial Systems (IFS) for its global collateralised trading operations in London. The bank also plans to install the product at its New York, Stockholm and Singapore offices.

25 September 2000

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Standard Bank acquires IFS stake

Standard Bank London has acquired a five per cent stake in Irish software developer International Financial Systems (IFS). The bank exercised warrants issued last year as part of a joint development agreement. In June 1999, Intel and Deutsche Bank acquired a joint strategic stake of 14% in IFS.

14 September 2000

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Russian savings bank prepares for surge in card payments

The Savings Bank of The Russian Federation (SBRF), the largest Russian banking corporation, has contracted with International Financial Systems to license its TPII product for two of its primary regions. The licenses will manage the SBRF's network of automated teller machines (ATM) and point of sale (POS) terminals in St Petersburg and Moscow and is being viewed as a pilot for a national roll-out throughout the Russian Federation.

07 July 2000

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IFS upgrades collateral trading system

Dublin's International Financial Systems has released the latest version of its MarginMan collateral trading and risk management system. The upgrade offers enhanced security, capacity to deal with multiple funds, trade books for prime brokerage and tiered margining of currency groups.

22 June 2000

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