Financial Technology News

• Global Association of Risk Professionals hosts Dubai Chapter Meeting• Forum hosted By GARP and FRSGlobal • Back to basics is the call as a response to the current crisis in UAE Regional experts from the global financial risk management industry have cited that the first response to the crisis should be back to basics. At the chapter meeting titled “Recent Lessons in Risk Management,” held in Dubai on March 17, 2010, the discussion ranged from why, what, how of the current crisis to... more

Steve Moreton to head up CJC’s Asia operationsCJC, the leading independent market data consultancy, today announced its expansion into Asia Pacific with the opening of its first office in the region, in Hong Kong’s Central business area. CJC has experienced mounting interest for its consultancy service and a huge demand for market data hosting services from buy- and sell-side institutions throughout Asia and Australasia. The new office will allow CJC to deliver support to both new and... more

DBFS, whose flagship Fund of Hedge Fund product is Asset+, further expands its consultancy offering within the scope of Investment Operations.Paul Savage, lead consultant says ‘Our consultants can review and advise on the whole operational process from policy and process design to optimisation and implementation. We also conduct operational risk reviews highlighting key risk areas, mitigations and future internal risk measures’ ‘DBFS offers an end to end business operational process... more

Examines emerging market hazards, critical new requirements, and integration best practices for top-tier enterprise risk management platformsTriple Point Technology®, the leading provider of multi-market commodity and enterprise risk management software solutions, announced today that Douglas Daugherty, the company’s vice president of gas technical services, will moderate a roundtable discussion of senior risk executives at Energy Risk Priorities 2010 in The Woodlands, Texas, March 23-24.... more

Sean Walker has been named partner at the national financial services recruiting firm The Bowdoin Group. In his new role, Walker will continue to direct the company’s industry-leading financial and information services divisions, and be tasked with expanding its firm-wide retained business. “Sean is a fantastic leader and recruiter, and a great person,” says David Melville, CEO and Founder of The Bowdoin Group. “We’re excited about this next phase in his immensely successful career at... more

Newest Tactico Company Provides Broker-Centric Data & Account Management Solutions for Trading in Multiple MarketsVerticlear Inc, has opened its doors in North America to provide superior solutions for broker-dealers who are struggling with restrictive and costly data and account management products. The company’s initial products will include cross-market trade compression, accounts online management and a level one trading platform.“Small and mid-sized brokerage firms don’t get enough... more

Pricing Partners, the independent valuation expert and a world leader in mathematical models for valuations of derivatives and structured products, announced today that Auris Gestion Privée has selected the Price-it ® Online platform for the independent valuation of its structured products.Marc de Saint Denis, Chairman of Auris Gestion Privée commented: "Our company had been looking for a reliable and recognized solution for some time now. After carefully evaluating several tentative... more

Distribution Technology (DT), the UK's leading provider of financial planning and sales technology, launches the UK's first investment risk profiling application for the iPhone, Dynamic Planner® Risk Profiling.The launch was announced by Ben Goss, DT's CEO speaking at the Deloitte Technology Predictions seminar. DT is currently ranked number 1 in the Deloitte Fast 50 table of the fastest growing technology companies.The app provides advisers with a simple and intuitive way of educating their... more

Trayport® Exchange Systems today announced the addition of new oil contracts for Rack Fix, Float and Swap to the J-Oil Exchange (JOX). Trayport supplies JOX with its GlobalVision Exchange Trading SystemSM and the contracts added have extended the number traded on JOX to 609.JOX was established in 2001 as a market place in which traders could buy and sell physical spot (“dated”) and forward oil products and paper swaps. Based out of Singapore, it was set up as a new venture with... more

New partnerships add new vertical domain expertise for Panopticon visual monitoring and analysis implementations Panopticon Software, the leading provider of Treemap and Heatmap data visualization software for monitoring and fast analysis of operational data, today announced that it has expanded its partner network in order to provide a greater range of technical implementation options for different industrial sectors around the world. The new partners are: • Data Technology has over 22... more

New version for www.alphavalue.com : demonstration in free accessBy giving users the possibility of navigating live through the 450 companies it covers, AlphaValue is looking to capitalise fully on renewed interest in equity research.Users are offered unrestricted access to company profiles and can navigate through AlphaValue’s research universe and check its investment ideas in chart format. The launch of the new website is part of AlphaValue’s desire to enhance its reputation among... more

Sterling soared this morning after Public Sector Finance Data came in much better than expected. Borrowing rose to a fresh new high of £12.4 billion last month, although was well below the £14.75 billion expected by the markets. Mark Bolsom, Head of the UK Trading Desk at Travelex, the world’s largest non-bank FX Payments Specialist, said, “Sterling is rising as the markets latch onto the fact that the data is better than forecast. Other than that, there seems to be little economic... more

Rule Financial, the leading independent business and IT consultancy, announces the arrival today of DR CHRIS POTTS as its new Chief Executive Officer. Chris Potts joins Rule from his previous position as President and Chief Executive of 3i Infotech’s Western Europe operation. Rule Financial has experienced unprecedented rates of growth over the past three years, featuring in the Sunday Times Microsoft Tech Track 100 for two consecutive years and expanding globally into Europe and the USA. ... more

 

60% of financial services firms say they are failing to keep business process documentation up to dateToday at the European Banking Forum, Nimbus, a leading provider of Business Process Improvement Solutions revealed the results of its FSA ARROW Audit survey – “Benchmark your Controls Effectiveness”. The research conducted in February 2010 amongst heads of risk, operations and compliance at UK based financial services organizations, asked participants how they document, control, measure... more

3i Infotech announces major enhancements to KASTLE™ Factoring solution 3i Infotech, a global provider of IT solutions, today completes the latest phase of its ongoing commitment to deliver functional enhancements, upgrades and wider market innovation to its European product suite. The milestone sees 3i Infotech realise a significant investment in its KASTLE™ Factoring solution for the receivables finance sector which has seen a real uptick in industry demand over the past twelve months,... more

Innovation, collaboration and service quality cited as reasons for long-running relationshipVirgin Trains has renewed its mainframe-to-desktop IT outsourcing contract with Capgemini UK plc in a multi-million pound contract for the three-year period to 2013. The contract is a further renewal of a relationship between the two companies that started in 1999, making it one of the longest-running IT outsourcing contracts in the UK.Capgemini will manage the entire IT infrastructure that supports core... more

ERI is pleased to announce that Andbanc has chosen to use OLYMPIC Banking System for managing the private banking activities of its branch in Panama. This additional installation confirms the wave of success of OLYMPIC Banking System in Central America and the Caribbean. With this choice, Andbanc reinforces its confidence in OLYMPIC Banking System and opts for synergy between its head and branch offices. The security and comfort of a modern integrated system in real time capable of managing the... more

Opus to assist rapid service deployment of Western Union MMT interfaces with partnering Mobile Network Operators and Technology VendorsOpus Software Solutions, a leading provider of software solutions to the payments industry, has been selected as a System Integrator for Western Union’s Mobile Money Transfer (MMT) service. Opus will integrate partnering Mobile Network Operators (MNO) systems and technology vendor platforms with Western Union’s MMT interfaces globally.The Western Union MMT... more

edge IPK, a provider of insurance solutions which enable a secure, browser-based, internationalized presentation layer to provide all distribution channels an ideal user experience, today announced that Verex, a specialist in providing motor insurance to the UK automotive market, has chosen edgeConnect as part of a solution, integrated by ORIAC, that enables Verex to offer a range of branded insurance products directly to motor manufacturers, dealers and their customers. The initial project,... more

Canadian credit union to replace in-house core banking system with state-of-the-art service bureau solution from FiservFiserv Solutions of Canada Inc., a subsidiary of Fiserv, Inc. (NASDAQ: FISV), announced today that V.P. Credit Union of Vancouver, British Columbia has chosen to implement its advanced Acumen™ account processing solution. V.P. Credit Union is the 14th organization in Canada to select Acumen since January 2008. Serving the employees of the Vancouver Police Board and other... more

OptionsCity™ is pleased to announce the release of OptionsCity Metro 2.1. This latest release adds to its 2.0 milestone release and includes performance improvements to Metro’s server based low latency Quoting Engine, as well as major enhancements to the user interface to improve GUI responsiveness and intuitiveness. In this release, OptionsCity also exposed additional API (Application Programming Interface) functionality for clients integrating their proprietary systems and... more

Through a unique combination of three business lines - research, consulting and benchmarking - Cutter Associates works closely with asset managers to improve investment processing and make them more competitive. CutterBenchmarking member firms from North America and Europe voted the following topics as their 2010 priorities for benchmarking analysis: - Enterprise Architecture- Market Data- Performance and Attribution- Pricing and Valuation Cutter Associates is also pleased to announce overall... more

New white paper focuses on where the industry has been – and where it’s going in 2010Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced the availability of its newest white paper, “Investment Services Perspective – Market Trends for 2010 and Beyond.” The paper reviews what Fiserv anticipated in market trends for 2009 and provides an industry outlook for 2010. Even in the unprecedented market environment of 2009, Fiserv... more

ComFin, the forefront provider of energy & commodity trading and risk management solutions, has been placed among the top 5 ranked companies in many key categories in the annual Energy Risk Magazine Software Survey conducted in 2010. Approximately 34 vendors were listed in the survey.ComFin came second in Best Customer Service and Preferred System. It ranked third in Ease of using the System and was also top in categories such as Market Risk Oil, Operational Risk, Portfolio Management and Risk... more

Multi-asset trading platform provider cuts software testing times in half using SilkTest and Agile development practicesMicro Focus® (LSE.MCRO.L), a leading provider of Enterprise Application Modernisation, Testing and Management solutions, today announced the successful deployment of its SilkTest automated functional testing software from Borland Software Corporation (a Micro Focus Company) by financial software provider Ariel Communications, a specialist in multi-asset trading platforms... more

Figures released today by the Office of National Statistics showed the number of Britons claiming unemployment benefits fell by 32,300, bringing the rate of unemployment down to 7.8%. This is the biggest monthly fall since 1997.Average earnings growth increased from 0.7% to 0.9% and long-term unemployment, which is based on those out of work for more than 1 year, rose by 11,000 to 134,000. Mark Bolsom, Head of the UK Trading Desk at Travelex, the world’s largest non-bank FX Specialist, said,... more

Migratory Data Systems today announced that its real-time web technology now guarantees delivery of messages for mission critical web applications.Migratory Push Server is a high performance real-time web technology that can handle a huge number of concurrent web clients. It offers extreme vertical scalability supporting 500,000 concurrent users on a single entry-level server machine (performance benchmarks are available on the Migratory Data Systems website). In addition, the system scales... more

SMA’s outsourced solutions to help deliver more efficient cash managementSMA Financial, SWIFT Regional partner for UK, Eire, Channel Islands and the Nordics today announced that National Grid plc (LSE: NG), an international gas and electricity company, has selected SMA’s Service Bureau for outsourced SWIFT connectivity, and SMA Alembic to optimise cash and liquidity management. Together the solutions will help National Grid to improve Treasury payment processing efficiency and reduce... more

TONBELLER, a leading provider of financial crime prevention solutions, has announced a successful implementation of its flagship product Siron(R)AML at The Bank of Tokyo Mitsubishi UFJ, Ltd. (BTMU) offices outside of Japan. Siron(R)AML forms the backbone of BTMU's strategy to fight anti-money laundering (AML), protect the organization from reputational damage and to comply with the increasing national and international regulations."We chose TONBELLER's Siron(R)AML for the proven track record it... more

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the appointment of Andreas Gϋnther as Head of Continental Europe for its international securities processing solutions business, which currently operates from its offices in Germany, Switzerland and the Czech Republic. He will continue to report to Tom Carey, President, Securities Processing Solutions, International, Broadridge.In his new role, Mr Gϋnther will be responsible for Broadridge’s Switzerland-based international... more

DBFS, whose flagship Fund of Hedge Fund product is Asset+, today announces that it has expanded its consultancy offering. It will provide a one stop shop for asset managers, particularly for Hedge Funds, Fund of Hedge Funds and wealth managers. As part of the offering DBFS leverages its experience and expertise to support clients who either do not have the necessary in house resources or don’t wish to incur ‘big 4’ costs to be able to comply as required.Paul Savage, lead consultant says,... more

Dan Pierce joins Clearwater to drive sales strategy and tacticsClearwater Analytics, a recognized leader in transparent, outsourced, web-based, investment portfolio reporting and analytics for both separately managed and commingled accounts, has hired Dan Pierce as its Sales Director. In this capacity, Pierce will be responsible for coordinating Clearwater’s direct and partner sales efforts across all vertical markets. Pierce brings more than 20 years of sales experience to the organization... more

Financial Architects (FinArch), the leading international provider of Finance Resource Planning (FRP) for the finance industry, today announced that AB Bank SNORAS has signed an agreement with FinArch to upgrade their existing FinArch Basel II implementation to include the complete Financial Studio. AB Bank SNORAS have chosen to upgrade the Financial Studio Basel II solution to the same Financial Studio Platform for IFRS Accounting and Regulatory Compliance Reporting, MIS and further Advanced... more

Global Market Data Visionary Bolsters Regional Workforce and Adds New Data Centre in Frankfurt ACTIV, a supplier of fully managed low-latency market data solutions, today announced continued expansion in the European market following its April 2009 launch in the region. To support this growth and meet ongoing customer and market requirements, ACTIV has also opened a new data centre in Frankfurt, added additional content from major exchanges in the region and made several key additions to its... more

$30B Fund Administrator Leverages Paladyne to Expand Middle-Office Services Paladyne Systems, a leading solutions provider to the global hedge fund industry, today announced that Maples Finance, an independent global fund services provider with $30 billion in assets under administration, has successfully implemented the PALADYNE® product suite as its middle- and back-office solution. Maples Finance licensed Paladyne’s ASP (“Application Service Provider”) platform, a comprehensive... more

Patni Computer Systems (NYSE: PTI , BSE: PATNI COMPUT, NSE: PATNI), a leading global IT and BPO services provider, today announced the establishment of a new North American hub for Business Process Outsourcing operations in El Paso, Texas. The move was triggered by a multiyear, multimillion-dollar BPO services contract with a leading healthcare technology and services provider. Adding the El Paso center follows through on the stated corporate strategy to invest in specific regions around the... more

Belgian insurance company Mercator is to take Barrie & Hibbert's Economic Scenario Generator (ESG). The main application of the ESG will be economic capital management and assistance in ALM decisions.Part of the Baloise Group, Mercator writes both life and non-life business. Speaking about Mercator's decision to switch from its previous provider, Mercator's Director of Risk Management, Wim Kinnet explained, "We chose Barrie & Hibbert's ESG because of its outstanding capabilities, particularly in... more

Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced enhanced investorcapabilities for its Loan Servicing Platform. The technology allows users of its Loan Servicing Platform to have real-time access to the cash position as it relates to their investor portfolios. San Francisco-based Bank of the West, with $60 billion in assets, is already using the new investor capability on the Fiserv Loan Servicing Platform. “The online,... more

Peers and Experts Join To Bring Professional Development in Derivative Risk Management and Hedge AccountingReval, a global provider of derivative risk management and hedge accounting solutions, launched today its Reval Education Series in major global cities throughout Europe, North America and the Asia Pacific (APAC) region. Corporate treasury and accounting professionals interested in learning how to best manage and account for derivative risk can gain new insights from industry peers, Big 4... more

Dutch national telecoms provider chooses Celona Evolve software and Logica as major network inventory migration goes into productionCelona, leaders in business-centric application data migration software together with Logica, a leading IT and business services company, today announced the ‘go-live’ of a major OSS network inventory application data migration. This latest customer deployment combines the Celona Evolve zero downtime application data migration software platform with Logica’s... more

Software-as-a-Service Web-Based, Automated Spend Analytics Platform Helps Enterprises Manage Supplier Risks, Compliance & Business PerformanceTHINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that Rosslyn Analytics has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's... more

DBFS, whose flagship Fund of Hedge Fund product is Asset+, today announces that it has expanded its consultancy offering. Within this division, DBFS offer support in the management of Third Party Service Relationship from selection through to management and reviews.Paul Savage, lead consultant says, ‘Our role would be to guide and assist clients by obtaining and organising the information required to progress the decision making process. Furthermore we can aid with structure, KPI’s, SLA’s... more

The Mercuria Energy Group Ltd is an international group of companies active over a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas, power, coal, biodiesel, vegetable oils and carbon emissions. The Group is one of the world's five largest independent energy traders. The Mercuria team had a requirement for a specialist tool to commodity markets globally in order to assist their trading decisions. It required a large amount of data aggregation... more

Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals and commodities, announces today its acquisition of the commodities business of Viveo Switzerland SA. Viveo Switzerland is a leading solutions provider, principally for soft commodities, oil, gas and metals. Its technology, client base and deep domain knowledge is seen as a strong addition to Brady’s portfolio of trading and risk technology. The acquisition will increase Brady’s asset class coverage... more

OpenLink ranked highest in terms of number of votes, gaining 11 first places in categories including Market Risk for Oil, Operational Risk, Portfolio Management and Risk - Top Three in Every CategoryOpen Link Financial, Inc., ("OpenLink"), a leading provider of cross-asset trading, risk management and operations processing software solutions, announced today that Energy Risk readers have voted OpenLink the 2010 Best Vendor winner, and best knowledge in market. "Our survey shows OpenLink... more

Tagetik, a global provider of Corporate Performance Management (CPM) and Financial Governance software solutions, today announced that Grupo Credito Agricola is implementing Tagetik 3.0 as their main Consolidation and Financial Reporting tool.After a thorough evaluation process, we selected Tagetik 3.0," says Joao Paulo Pedro, Director of CA Servicos. "The unified approach, technological robustness and superior quality of the consolidation and reporting tool were key factors for the choice of... more

GoldenSource Reveals Centralised Market and Reference Data on Single Platform Unified Market and Reference Data delivers end-to-end data transparencyThe ability of Risk Managers to adapt to changing regulatory environments and achieve more up to date and accessible views of immediate risk positions, has long been held back by the siloed treatment of market and reference data. Today at FIMA NY, GoldenSource announced the release of the GoldenSource Market Data Solution (GSMDS) allowing Chief Risk... more

Need for Real-time Performance and Investor Pressure for Robust Risk Management Cited as Deciding FactorsImagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced the selection of its award-winning, Internet-based Derivatives.com service by Sydney-based Instinct Capital. The newly launched hedge fund will employ Imagine to provide comprehensive portfolio and risk capabilities.Head investment manager Fred Eechaute characterizes the... more

Global IT solutions provider NIIT Technologies has formalised a strategic partnership with Singapore Airport Terminal Services (SATS) to globally market and implement "COSYS Intelligent Solutions (CIS)".NIIT Technologies Ltd, the global IT solutions provider headquartered in New Delhi, India announced a strategic partnership with Singapore Airport Terminal Services (SATS), to jointly market and implement its state of art COSYS Intelligent Solutions (COSYS IS) to help air cargo ground handling... more

Allegro, the leading provider of energy trading and risk management (ETRM) solutions, today announced connectivity though an application protocol interface (API) link to Trayport’s GlobalVision Trading Gateway, providing customers automated trade capture for European energy exchanges and major energy brokerages. With all trade details captured into the Allegro platform in real-time, customers will experience improved efficiency, a reduction in errors and enhanced visibility into their... more

FRSGlobal, the only global provider of risk and regulatory reporting solutions with coverage for over 40 countries on a unified platform, today announced its associate partnership with leading Korean financial technology solution provider, STI CS. Under the alliance partnership, STI CS will promote FRSGlobal’s unified risk and profitability analysis solution, RiskPro, and its regulatory reporting solution, RegPro, to Korean banks with overseas business units that face constant regulatory... more

SIX Telekurs enriches the news services available in its global display and market data feed products to include eleven financial news sources focusing on the Nordic countries.SIX Telekurs is a leading provider of international financial data, of which financial news is a fundamental part. The additional news services which have been integrated into SIX Telekurs’ display and market data products are SIX News Sweden, SIX News Norway, TDN Finans, Startel, Kauppalehti Online and RB Börsen. In... more

FusionIQ is a web based software platform developed by the partners of Fusion Analytics Research Partners LLC, a top independent research firm. FusionIQ "fuses" the two widely followed investment disciplines of technical and fundamental analysis into a cohesive, equity and group ranking system. Developed by investment professionals for traders and investors, FusionIQ refines the equity research and risk management process by assigning proprietary weightings to a variety of alpha producing... more

Sophis VALUE supports global hedge fund’s operations across US, UK and AsiaSophis, a leading provider of cross-asset, front-to-back portfolio and risk management solutions, today announced that Voras Capital Management, a recently launched global hedge fund, has licensed Sophis VALUE for front-to-back office portfolio and risk management for its global trading operations. The system will support its planned strategy of investing in a wide range of distressed assets and making macroeconomic... more

Latest release delivers a complete platform for predictive analytics to any business, technical, or scientific userTIBCO Software Inc. (NASDAQ: TIBX) today launched TIBCO Spotfire® 3.1, the latest version of its in-memory analytics platform making predictive analytics accessible within Spotfire’s visual user experience. Spotfire® 3.1 responds faster than BI and more flexibly than spreadsheets, equipping everyone in the enterprise – whether in business, technical, or scientific roles –... more

Fast implementation allows ABT to fully automate its deposit reclassification processes and generate additional investment incomeFiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Sherman, Texasbased American Bank of Texas (ABT), has implemented ReserveLink® from Fiserv to generate additional investment income by enhancing the management of reserve requirements and non-earning assets.ABT, with $1.1 billion in assets, was... more

A high percentage of financial institutions are neglecting to consider the area of brokerage fee and commission management as part of their cost control and operational risk strategies, despite the pressures of the financial downturn.According to a report from Datamonitor*, up to 48% of banks have no idea of their current commission levels, perform only simple checks or rely on a general feeling when consulting current commission levels. This situation has been allowed to develop for a number... more

Modern Banking Systems and Management Communication Services, Inc. enter partnership to offer full spectrum of payment solutions to banks, utilizing Financial Transmission Network, Inc. single payment platform.Companies offer a single payment platform that integrates with their core banking system Modern Banking Systems (MBS), a leading provider of in-house data processing solutions for community banks, and Management Communication Services, Inc. (MCSIT), authorized reseller of Financial... more

 

Unique Sectors and Full Lines of Emerging Markets and Asia Pacific Indices Now AvailableThomson Reuters today launched 7500 new equity sector-level indices covering a broad range of regions and sectors unique to Thomson Reuters. These include full lines of Emerging Market and Asia Pacific sector indices in addition to the first line of Iberian sector and NAFTA sector indices, as well as indices for new and relevant sectors such as Water, Renewables, and Diversified Media. The sector indices are... more

Nimbus and Quadrant to further support UK banks compliance efforts in line with FSA liquidity risk management requirementsNimbus, a global provider of business process management software, and Quadrant Risk Management, a specialist provider of business intelligence and risk and compliance solutions, have today announced a strategic partnership to help financial services organizations to quickly and successfully comply with new regulatory requirements. It is aimed at accelerating business process... more

China-based Ping An Asset Management Corporation (PAAMC), the leading fianancial service group in China, has successfully implemented DST Global Solutions Investment Management Solutions’ (IMS) HiPortfolio/3 investment accounting platform. PAAMC, under the Ping An Insurance (Group) Company of China, Ltd, deployed DST Global Solutions IMS’ leading solution following PAAMC’s analysis of future business growth potential both in China and overseas. HiPortfolio/3’s multi-layer architecture... more

Leading high-bandwidth connectivity provider offers one of the industry’s fastest end-to-end transatlantic connections for demanding low latency applications AboveNet, Inc. (NYSE: ABVT), a leading provider of high-bandwidth connectivity solutions, has launched one of the industry’s fastest, low latency end-to-end transatlantic connections between London and New York, reaching key financial locations in:London: Slough, The City and Docklands New York Metro: Manhattan and New Jersey,... more

The Board is very pleased to announce the appointment of Mr John Cameron, as a non‐executive Director of the company. Mr Cameron brings over 20 years experience in developing financial software and consulting, particularly in the area of electronic trading and FIX based connectivity. John was a member of the original team that wrote SEATS (the original automated trading system used by ASX Limited), which went live in 1987. Following this he designed and developed electronic trading and market... more

Satuit Technologies, Inc., the leading provider of customer relationship management (CRM) software for asset management professionals, today announced that it has acquired the assets of Lync.NET, a leading provider of Investor Communication preparation and distribution technology for wealth management and institutional asset management firms. The acquisition brings together Satuit’s on-demand CRM system with Lync.NET’s suite of Client Report Management tools which automates the process of... more

DBFS, whose flagship Fund of Hedge Fund product is Asset+, today announces that it has further expanded its consultancy offering for asset managers, particularly for Hedge Funds, Fund of Hedge Funds and wealth managers.By leveraging its experience and expertise DBFS supports clients who require regulatory consulting, optimisation of their operational practices and infrastructure, risk reviews and support in the management and optimisation of 3rd party relationships, however either do not have... more

BITA Risk and JHC partner to provide ‘measurement-against-mandate’ portfolio analytics to Charles StanleyBITA Risk Solutions, providers of investment portfolio risk analysis tools, today announced a commercial partner agreement with JHC LLP for the integration of its BITA Monitor product into JHC’s FIGARO platform for stockbrokers and wealth managers. Charles Stanley, one of the UK's leading independently owned, full service stockbroking, corporate finance and institutional advisory... more

Optial, the Operational Risk specialists, announced today that it has launched its new OpRisk on Demand service based on its SmartStart platform.The Optial SmartStart application is now available as an OpRisk on Demand service. This is the same as the SaaS option and includes all of the same benefits of cost savings, ease of deployment, fully managed service, security, etc. However Optial OpRisk on Demand offers the following additional benefits:• Fixed monthly cost (no surprises)• Pay as... more