Latest Westdeutsche Landesbank (WestLB) News: Finextra Research

WestLB licenses Principia System for SIV business

German bank WestLB has licensed technology from New Jersey-based Principia Partners to manage its new structured investment vehicle (SIV), Harrier Finance Ltd.

02 March 2004

/Sibos

WestLB Asset Management extends DSTi implementation

WestLB Asset Management has extended its license for DST International’s (DSTi) OpenMessenger product to include its Dusseldorf office and additional capabilities in London.

29 October 2003

/payments

WestLB implements SmartStream's TLM for cash reconciliations

German bank WestLB has deployed SmartStream Technologies' Transaction Lifecycle Management (TLM) software to handle its cash reconciliations.

02 September 2003

/regulation

WestLB rolls out Summit platform

WestLB Global Financial Markets is rolling out New York-based Summit System's integrated trading platform to more than 600 users across its offices in London, Düsseldorf, Tokyo and New York.

29 August 2003

/wholesale

WestLB Asset Management signs with Princeton Financial for ePam ASP service

WestLB Asset Management US (WestAM), the Houston-based fixed-income investment management arm of German bank WestLB, has licensed ePam, the ASP version of Princeton Financial Systems' portfolio management and accounting package, Pam.

30 July 2003

/regulation

WestLB outsources trade processing and risk

ADP Brokerage has signed a multi-year outsourcing contract with German bank WestLB for several of its trade processing and risk solutions.

01 October 2002

/regulation

WestLB chooses SunGard Credient for credit risk management

German bank WestLB has selected Sungard's real-time risk management solution Credient to manage global credit limits and exposures across its international trading business.

19 September 2002

/Sibos

Citibank to act as CLS concentrator for WestLB

Westdeutsche Landesbank Girozentrale (WestLB) has subscribed to Citibank e-business unit's CLS Settlement Services for foreign exchange settlement.

11 July 2002

/wholesale

Researchsummary signs up Credit Lyonnais and WestLB

Credit Lyonnais and WestLB Panmure have signed up to offer their proprietary research over the researchsummary.com financial portal.

07 March 2002

/wholesale

WestLB goes live with OM for securities processing

WestLB Panmure has gone live with OM's end-to-end trade processing solution OneWorld Securities Finance throughout its London offices.

25 February 2002

/wholesale

WestLB Panmure builds business portal with Sybase

WestLB Panmure is to implement Sybase's Enterprise Portal as part of an initiative to provide a global Web interface for employees and clients.

12 December 2001

/regulation

Three banks sign for Americas' anti-money laundering package

Miamia-based Americas Software has signed contracts to implement its Assist//ck anti-money laundering package at Austria's Raiffeisen Banking Group (RZB), Westdeutsche Landesbank Girozentrale (WestLB), and Banco del Caribe, Venezuela's seventh-largest bank.

27 November 2001

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