Latest news

/regulation

Finextra celebrates first anniversary

Finextra Research is celebrating its first year of operation with a new look and the promise of more enhancements to come for our growing community of financial technology professionals worldwide.

10 January 2002

/wholesale

Mighter and Gissing in market data merger

UK-based market data solutions vendor Mighter Ltd. has entered a merger agreement with Gissing Consulting, to form a new company, Mighter Gissing Software (MGS).

10 January 2002

/wholesale

OneChicago names Roger Walsh MD of operations

OneChicago, the joint venture created to trade single stock futures by Chicago Mercantile Exchange (CME), Chicago Board Options Exchange (CBOE), and Chicago Board of Trade (CBOT), has appointed the CBOE's Robert Walsh as managing director of operations.

10 January 2002

/retail

EDS wins $250 million IT outsourcing deal with Malaysian bank

Malaysia's Bumiputra-Commerce Bank (BCB) has signed a ten-year multi-million dollar contract with EDS to outsource the management and operation of the technology infrastructure for its new financial IT and back office processing subsidiary, Epic-I.

10 January 2002

Colonial UK implements Phoenix customer contact management system

Life insurance firm Colonial UK, has implemented a customer contact management and workflow solution from Dublin-based Phoenix Technology Group, in a EUR2.5 million deal.

10 January 2002

/payments

OKO Bank implements Misys treasury solution

OKO Bank, the central bank for Finland’s co-operative banks, has gone live with Misys International Banking Systems’ Opics solution to support its head office treasury operations in Helsinki.

10 January 2002

/wholesale

Brief: Rolfe & Nolan wins Hargreave Hale CFD contract

UK stockbroker Hargreave Hale has gone live with Rolfe & Nolan's contracts for difference (CFD) processing system.

10 January 2002

/retail

DST revamps IFA portal

DST Systems has revamped its financial advisor Web portal, Vision, to grant users instant access to client portfolios.

10 January 2002

/regulation

Bank of America returns to Manhattan

Bank of America has signed a ten-year lease with Argent Ventures for the provision of 180,000 square feet of office space in Manhattan.

09 January 2002

/retail

CIBC and American Express in smart card alliance

Canadian Imperial Bank of Commerce (CIBC) has entered an agreement to issue American Express-branded chip-based credit cards throughout Canada.

09 January 2002

/payments

Bottomline Technologies wins $22.3 million investment

New Hampshire-based Bottomline Technologies has secured $22.3 million financing from private equity investment firm General Atlantic Partners.

09 January 2002

/retail

Emergent offers non-bank EFT to central American consumers

Emergent Financial Group, an electronic transaction data processing company for non-bank consumer financial services, has conducted its first live wire fund transfer to Latin America.

09 January 2002