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3201 Results from 2003

/wholesale

T. Rowe Price outsources infrastructure management to Sybase

The investment division of T. Rowe Price is to outsource the management of its operational software infrastructure to Sybase in a five-year deal.

/retail

First Data to divest Nyce stake in return for Concord merger approval

First Data has agreed to divest its 64% ownership stake in the Nyce debit card network in return for regulatory approval of its proposed purchase of rival credit card processor Concord EFS.

/regulation

PKO Bank Polski selects Algorithmics for market and credit risk management

Poland's PKO Bank Polski is implementing Toronto-based Algorithmics' Algo Market and Algo Credit applications as the basis for its new enterprise-wide risk measurement system.

/regulation

STB scores with Williams de Broë and Bank Sepah

ING subsidiary Williams de Broë (WDB) has signed with STB Systems for implementation of its regulatory reporting and anti-money laundering software.

/payments

Mellon Treasury offers moneymarket funds online

Mellon Treasury Services has introduced Liquidity Management Service (LMS), a Web-based investment tool that enables clients to purchase money market funds and securities online.

/wholesale

Brief: Wall Street Systems appoints Murray as Emea sales manager

Treasury trading systems vendor Wall Street Systems has appointed John Murray as sales manager for Southern Europe, Middle East and Africa.

/wholesale

Capco completes $15 million funding round

Financial services consultancy Capco has concluded a $15 million financing round with existing investors, led by Thomas Weisel Capital Partners with a $10 million investment.

/retail

Accenture takes stake in mortgage BPO joint venture

Accenture is to take a small equity stake in Financial ServiceSolutions, the mortgage outsourcing venture founded earlier this year by Bank of America and Fidelity National Financial.

/retail

CIBC introduces Verified by Visa

CIBC has become the first major Canadian bank to introduce online authentication for cardholders shopping over the Internet.

/retail

KBC integrates applications with SeeBeyond

Belgium's KBC has deployed middleware technology from SeeBeyond to integrate front and back office systems across the group and provide a direct connection to external partners and Euronext.

/wholesale

IBSN releases Saxess translation toolkit

US financial software house IBSN has developed an XTP protocol translator for firms executing trades via the OM-developed Saxess exchange trading system.

/wholesale

HyperFeed and Savvis launch market data delivery utility

HyperFeed Technologies has partnered with financial IP network Savvis to launch the global 'Data Delivery Utility', a real-time market data and financial applications distribution service.