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Home ▶ News ▶ News Archive ▶ August 2007

News archive for August 2007

31 August 2007
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BERKERY NOYES REPRESENTS BNP MEDIA IN ACQUISITION OF ASCEND MEDIA’S PROFESSIONAL SERVICES DIVISION
Basis Capital's hedge fund collapses
Asian market is still growing
Bush prepared to help borrowers
Continued growth expected for Chinese firms
Barclays borrows emergency $3.2 billion
Habib Bank chooses TPS for providing internet banking solution for its world-wide customer base
4MAT and Public Jobs Direct form Joint Venture
SuperDerivatives Recognized Third Consecutive Year in Institutional Investor’s ‘Online Finance 40’
CHINA’S NATIONAL PAYMENTS CLEARING SYSTEM WILL FUEL INTRA-REGIONAL TRADE BY DOMESTIC AND FOREIGN COMPANIES
InfoComp UK recruits Head of Strategy & Business Development
Are you a born investment banker?
Netviewer Placed in Visionaries Quadrant in Gartner Magic Quadrant for Web Conferencing 2007
30 August 2007
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Barclays deny $400 million losses
Global credit crisis hits RBS
BNY Mellon Asset Servicing appointed by Banca Popolare di Milano as global custodian
Goldman Sachs sells 30 per cent of TV company
Home Depot sells up its wholesale distribution centre
Headstrong Positioned in the Niche Players Quadrant for Magic Quadrant North American Offshore Application Services, 2007
DRC introduces DecisionMaker Assistant for Automated Underwriting
‘How Mortgage Companies Can Achieve 95% Automation Levels’ White Paper Released
AmbironTrustWave Acquires One-SEC Ltd
Charles River Development Launches Japan's First International Investment Management Systems User Group
Trading Technologies Expands Connectivity Options in Asia with TOCOM and SGX
CA TO RESELL ASENTINEL TELECOM EXPENSE MANAGEMENT SOFTWARE
29 August 2007
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Problems in US housing market to last
Rhyme launches Arrow-SP Bureau Service
Voltrex Selects Rolfe & Nolan’s Full Service ASP Solution for F&O Processing
GL TRADE posts results in line with the targets set at the beginning of the year
Peach launch new Corporate Risk & Quality Certification
Bravura Solutions increases revenue by 234 per cent & EBITDA by 216 per cent
ROME Corporation Named No. 93 on the Inc. 500 List of Nations Fastest-Growing Private Companies
28 August 2007
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MaPS Credit Union Outsources to Fidelity National Information Services to Grow Credit Card Portfolio
Eurex Repo creates the first pan-European market for collateralized money market transactions
Mellon Financial Products Support Cooperates with Visa Europe
Polish postal bank Pocztowy signs agreement for Market Risk and Asset Liability Management with IRIS integrated risk management ag.
METAVANTE SIGNS TWO NEW CANADIAN UTILITY CLIENTS FOR DOCUMENT COMPOSITION SOLUTION
Centrica Energy Signs with Rolfe & Nolan for Powerful Margin Calculation Engine, ‘Margin Direct’
Citigroup combines divisons
Deutsche Bank sells Australia private-equity unit
Dutch court rejects bid to block Mittal-Arcelor merger UPDATE
Credit Suisse hire new man to take on Asian market
Nord Pool launches Translator to Trayport’s GlobalVision Trading Gateway
Complinet Bolsters Middle East Presence and Connects Rules, News and Analysis with Dynamic Compliance Solutions for Region’s Regulatory Community
Feri Rating & Research awards A Rating to Long-Term Investment Fund (SIA) - Classic
Finantix establishes Australian presence to support continued global expansion
Version 10.75 of StockTrack Shareholder Accounting for Transfer Agents and Self Issuers includes
TRANSCOM ACQUIRES LEADING NORTH AMERICAN CRM COMPANY
KESDEE launches a comprehensive e-learning course library on “Governance, Risk and Compliance”
Progress Software Sets up Australian Finance Sector Team
Satyam launches solutions for Banking and Oil & Gas segments
LINEDATA OFFERS INDUSTRY'S FIRST INTEGRATED FUND ADMINISTRATION PLATFORM FOR COMPLEX FUND STRUCTURES
Advent and Ashland Partners Team Up to Offer Compliance Consulting to Advent Clients
SaveDaily Debuts Upgraded 403(b) Record-keeping Platform
GL TRADE passed conformance tests on Tokyo Grain Exchange and signed with FIMAT
FX Solutions Named to “Inc. 500” for Third Year in a Row as One of America’s Fastest Growing Private Companies
SCIVANTAGE RANKS NO. 225 ON THE 2007 INC. 500 WITH THREE-YEAR REVENUE GROWTH OF 1,010.4%
CDC Software’s Vertical CRM Solutions Gain Momentum in Financial Services Industries
Dr. Sunil Kumar joins IRIS integrated risk management ag
Austrian IT Service Provider ARZ migrates from RPMS to Odyssey Financial Technologies' new components solution
26 August 2007
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The FX Trade Is Skyrocketing
24 August 2007
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Forbis announces a new development FORPOST for international use
Third quarter profit surge for TD Bank
UAE banks slash loan provisions
BoA barred from converting Countrywide shares to common stock
China overtakes UK for venture capital investments
Hexaware Technologies positioned in the Niche Players Quadrant for North American Offshore Applications Services 2007 Magic Quadrant
OTC Val Launches Complex Derivative Valuation Service
DSTi announces acquisition of Mosiki Development
Fiserv Appoints Doyle Simons to its Board of Directors
WEALTH MANAGEMENT SYSTEMS INC.
Document Sciences Announces Availability of New Forms Tool for Property & Casualty Market
Speed to market is key challenge over next 12-18 months for Life & Pensions providers, warns Exaxe®
AmbironTrustWave Joins the Financial Institution Shared Assessments Program
Version One is Finalist in Business Software Satisfaction Awards
DealHub FX Trade Aggregation
23 August 2007
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Profits up 130% at Ithmaar Bank
US investment banks borrow $2bn from Fed
Bank of America takes stake in Countrywide Financial
Lehman Brothers closes sub-prime unit
Ashmore Chooses SimCorp Dimension
Orc Software sells minority holding
Barclays borrowed $730m from Bank of England, say sources
Charles River Development Expands Regional Presence in Japan
optionsXpress Announces Executive Management Team Changes
BNP Paribas to re-open funds this week
Barclays borrowed $730m from Bank of England, say sources
22 August 2007
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Duck Creek’s EXAMPLE Platform® Enables SUA to Bring New Partner Program Live in Under 60 Days
BNP Paribas to re-open funds this week
Buyout firms will 'restructure to avoid higher taxes'
India approves $263m of overseas investment deals
South African bank consolidates reconciliations and exception management operations on SmartStream’s TLM
METAVANTE RENEWS LONG-TERM AGREEMENT WITH CHEMICAL BANK
CECILREP RELEASES MEMBER REPORTING SERVICE
INTERACTIVE DATA NAMES J.R. RIEGER VICE PRESIDENT OF EVALUATED SERVICES
CONSUMER LENDERS CITE MARKET VOLATILITY AND AGGRESSIVE REGULATORY ENVIRONMENT AS TOP CHALLENGES; CROSS-SELL AND NEW PRODUCTS AS TOP BUSINESS STRATEGIES
Cognos and IBM Performance solution helps banks integrate risk management and profitability planning across core systems
Simon Swales joins London Sales Team at Rolfe & Nolan
TietoEnator and RSA partner for electronic banking security solutions
BNY Mellon Asset Servicing awarded global custody mandate by Ireland's largest building society
ICC Plan Solutions Completes Major Enrollment Kit Application Upgrade
Banca Esperia selects Algorithmics’ portfolio construction and risk management service
Insurance Technologies wins UNIFI Companies as a New Client
THOMSON FINANCIAL SIGNS AGREEMENT WITH SCIVANTAGE
New Matrox Graphics 1.4.5 Linux Drivers Provide Enhanced Features for Thin Client Users
FIA AND MARKIT ANNOUNCE OPERATIONAL EFFICIENCY MILESTONES
Peach launch new Corporate Project Management Certification
21 August 2007
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Paladyne Systems Opens Client Services Operations Center in Fort Lee, NJ, to Support Expanding Client Base
Lightstone Helps GHL Enhance Systems
BERKERY NOYES REPRESENTED BG MEDIA INVESTORS ON THE SALE OF HMP COMMUNICATIONS TO ALTA COMMUNICATIONS, MACKLER AND FISHER
Sterling Commerce extends leadership position for technology standards in market-leading B2B solution
FlexDigital Reports Positive Results Using Exstream’s Dialogue Software
Kershner Trading Selects NYSE TransactTools TCM6
Callidus Software and The ReThink Group Announce Service Alliance
DELTA COMMUNITY AND WALLICH ENERGY SIGN AGREEMENT FOR IMPLEMENTATION OF THE DELTA DEALING SYSTEM
Hedge fund chief arrested in Greece
AQR quant fund recovery
Solent suffers from 'credit crunch'
Gloomy prediction for UK economy
BUSINESS OBJECTS AND THOMSON FINANCIAL INK DEAL TO DELIVER FINANCIAL INFORMATION ON DEMAND
Industry Veteran Michael Bodson Added to Omgeo’s Board of Managers
GFT RECRUITS CONSULTING CHIEF FROM RIVALS CITY PRACTITIONERS
3i Infotech to Launch Niche IT Solutions for Islamic Financial Institutions at GITEX 2007
PORTWARE OPENS HONG KONG OFFICE TO SUPPORT GROWTH IN ASIA-PACIFIC REGION
Multi-Asset Portfolio Systems: The Buy-Side's New Pied Piper
Chemoil announces open offer for additional equity stake in Calsoft
SAS, money laundering pioneer deliver trade-based solution
20 August 2007
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Zeus Technology and Abtech Systems sign partnership agreement
Dundas & Wilson choose ePartners for major Microsoft CRM legal sector project
FIDESSA TAKES TOP HONORS IN KIMSEY CONSULTING TRADING TECHNOLOGY STUDY
Rolfe & Nolan Partners with U.S. Futures Exchange To Implement New Client Processing Functionalities
Standard Chartered Bank chooses BT for high performance resilient network services
PSCU selects Sterling Commerce B2B transaction solution for centralised credit and bill payment services
AXES Joins Tradeware’s GlobalX™ Network Signals Greater Efficiency in Global Order Flow
Daniel E. Retzer Named to the Board of Directors of the Alabama Information Technology Association
Royal London Asset Management have completed the archive of their fourth legacy database to LIBRIS Archive
METAVANTE TO PROVIDE WEB-BASED FINANCING SOLUTION FOR AFC FIRST FINANCIAL
ACI Worldwide Introduces Fraud Risk Calculator for Banks
Apollo heads on $1bn Norwegian Cruise
PE Texas and Apax target Indian IT
Virgin to act as private equity in sell-off
Odyssey Financial Technologies develops its Asset Management range with CAfIT
RAMSAC WINS COVENT GARDEN MARKET AUTHORITY
LEHMAN BROTHERS GOES LIVE WITH YOLUS FOR PRIME STRUCTURED DERIVATIVES
FINANCIAL OBJECTS CONTINUES GROWTH IN ASIA WITH THREE NEW IBIS DEPLOYMENTS AT LEADING BANKS
Cordys Builds Better Access and Management to WebEx’s Worldwide Business Processes
Kamakura Reports 18% Rise in Global Troubled Companies in First Half of August
INFODYNE INTEGRATES TPS+PLUS WITH INTERACTIVE DATA’S PLUSFEED
17 August 2007
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Erste Bank Group Chooses SimCorp Dimension
BNP Paribas to be probed over sub-prime communique
Citigroup to buy second pension scheme?
Moody's issues funds warning
Bear Stearns to axe 240 sub-prime jobs
Join Former Alcatel-Lucent Treasury Manager for Webinar on Effective Foreign Exchange Risk Management
SCIVANTAGE RANKED NUMBER SIX IN DELOITTE'S TECHNOLOGY FAST 50 PROGRAM FOR NEW JERSEY
16 August 2007
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StreamBase Names Chris Risley As New Chief Executive Officer
Solution for Monitoring Federal Desktop Core Configuration Now Available on Government Wide Acquisition Contract (GWAC)
KKR struck by mortgage losses
Kaupthing Buys Netherlands' NIBC
Merkel clamps down on private equity firms
FIGARO achieves B.I.S.S. MiFID Accreditation
UK organisations leave critical data open to hacker attack
SPA ETF EUROPE AWARDS THE BANK OF NEW YORK MELLON COMPREHENSIVE EXCHANGE TRADED FUND SERVICES MANDATE OF EUROPEAN OPERATIONS
Kalypto Risk Technologies to implement complete suite of Basel II solution at Invest Bank - UAE
XSP Offers Withholding Tax Reclaim Automation through Partnership with Web Services Integration
Peach launch new Corporate Multi-Compliance Certification
15 August 2007
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Findax Blue portfolio management system launches for Stockbrokers and Wealth Managers
Wolters Kluwer Financial Services’ GainsKeeper Offered to Microsoft Money Plus Customers
NorthStar Accepted into the IBM SOA Specialty
BNY ConvergEx Group Joins AFA Sponsored Broker Program
SuperDerivatives Accelerates Asia Pacific Growth with New Offices in Australia and Hong Kong
Goldman Sachs’ REDIPlus, JPMorgan’s Neovest, and Morgan Stanley’s Passport Connect to BIDS Trading
Loss widens at Fortress Investment
Merrill Lynch sells life insurance units
EFG-Hermes' profits double in second quarter
Lampert boosts stake in Citigroup
Record sales figures mark first anniversary of Syscap MBO
Clearstream Chooses ITESOFT to Capture Client Transaction Orders Electronically
UK ORGANISATIONS MORE SATISFIED WITH OUTSOURCED MANAGED NETWORK-SERVICES SINCE CONVERGENCE
Largest Philippines bank, Metropolitan Bank and Trust Company, (Metrobank) upgrades Misys core treasury system to grow trading capacity and STP
SUBSTANTIAL ORDER FOR RADICA CAPS
FORMER ALCATEL-LUCENT TREASURY MANAGER JOINS FIREAPPS AS SENIOR RISK ANALYST
XSP Offers Withholding Tax Reclaim Automation through Partnership with Web Services Integration
ACN Names David Fetter Chairman and Joseph Sturdivant to Board of Directors
Lewtan Names VP of Professional Services, Expands Role of SVP of Sales and Services
TRACK DATA REPORTS SECOND QUARTER RESULTS
Forbis Announces a New FORPOST DataWarehouse Release
14 August 2007
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ICAP & RADAR LOGIC PARTNER TO LAUNCH OTC TRADING OF RPX BASED RESIDENTIAL PROPERTY DERIVATIVES
AmbironTrustWave Adds Two Senior Executives To Management Team
WILSHIRE ANALYTICS LAUNCHES NEW GENERATION OF THE WILSHIRE AXIOMSM
RFA Defender Solution Provides Hedge Funds and Investment Firms with Real Time Security Intelligence to Manage Operational Risk
Eagle Expands Sales and Professional Services Groups with New Senior Level Appointments
CMA adds ABX to QuoteVision for Home Equity/subprime evaluation
Malayia lifts Islamic banking restrictions
Profits treble at Blackstone Group
METAVANTE BECOMES ONLINE BILL PAYMENT PROVIDER TO CORPORATE NETWORK eCOM
Microgen scoops Oscar
Profits up 79% at UBS
Royal Bank of Scotland builds up 3% stake in ABN Amro
Prudential storms ahead with Thunderhead
Landsbanki banks on SCL Analytics
Patsystems plc opens Hong Kong office changes announced to Asian teams
FinArch signs Bank of India for Financial Studio compliance
IRA, World'Vest Base, Expand Business Ties
New Research: Portfolio Margining, Risk and Liquidity
INTEGRASOFT OPEN SOURCES DATA GRID ABSTRACTION LAYER
Health Super re-signs with Bravura Solutions for a further three years
PRMIA Chapters in London and New York Register 10,000th Members
CUSIP Service Bureau to Provide Data to QED Financial Systems
SWIFT to exhibit on the Transduco Pavilion ™ at European Banking and Insurance Fair
KALAHARI NAMES MARTIN STEVENS DIRECTOR OF PROFESSIONAL SERVICES & SUPPORT
RISKADVISORY SOFTWARE RANKS HIGH IN ANNUAL ENERGY RISK READERS' RANKING
13 August 2007
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Zeus Technology Announces New Director of Systems Engineering
PRINCIPAL BANK PARTNERS WITH CASHEDGE TO DELIVER ONLINE MONEY TRANSFER FUNCTIONALITY
E.ON SALES & TRADING IMPLEMENTS ENTERPRISE-WIDE CREDIT RISK MANAGEMENT SOLUTION ENERGYCREDIT FROM FINANCIAL OBJECTS
AXES Selects BNP Paribas to provide global post-execution services
National Australia Bank Selects IPC to Engineer New VoIP-Powered Trading Floor
Zeus Technology Announces New Vice President Corporate Development
Thomson Learning Selects SunGard’s AvantGard for Receivables Management
METAVANTE NAMES REFINSKI CHIEF INFORMATION OFFICER
MARKIT ENHANCES ABX CALCULATOR TO AID VALUATION OF INDEX TRADES
MFT - MiFID ready
Royal Bank of Scotland shareholders approve ABN Amro deal
Deutsche Bank hires Greenspan as advisor
Qatar Islamic Bank plans real estate funds
BNP Paribas, Deutsche Bank among HomeBanc creditors
Nostradamus announces partnership with Strategy Runner to distribute SPOTRADAR algorithmic trading model signals
Hedge fund margining – what are banks offering and what do hedge funds prefer?
BANCO POPOLARE GO LIVE ON TLM® CORONA
Complinet ‘shaping the future of finance’ says Financial News
Morgan Stanley partners with Fidessa LatentZero to provide execution capabilities to the buy-side
FXMARKETSPACE OPENS HONG KONG OFFICE
icubic AG and Fimas GmbH enter sales and marketing co-operation
NUMBER OF TRADES ON SETS EXCEEDS 1 MILLION
Highland Energy Selects Triple Point for Power and Gas Trading, Risk Management and Power Scheduling
QSG Expands its Specialty Model Suite by Releasing its Insurance Stock Selection Model
10 August 2007
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Barclays Bank appoints US credit card unit head
Man Group to delay fund IPO?
Citigroup to sell Puerto Rican retail business
Accuity Enhances Compliance Suite
Capgemini Enhances Depth of Expertise for Energy Clients by Expanding Utilities Team
PVS Release 3.5 now supports Oracle Coherence
9 August 2007
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GFT Group achieves record result in the first half of 2007
CalAmp Announces Definitive Agreement to Sell the TelAlert Software Business Unit to MIR3, Inc.
Mizuho Securities USA Inc. Goes Live on Broadridge's MBS Expert Service Bureau Solution
Greenhill SAVP Completes Investment in YellowJacket
Datamatics becomes the First Indian IT/ITES Services company to win International Asia Pacific Quality Award
Profits up 17% at Fortis
Blackstone Group sets buyout fundraising record
BNP Paribas suspends three funds
Fidessa and LatentZero Combine Execution Management Platforms
Mizuho Trust & Banking (Luxembourg) S.A. (MHTBL) chooses FERNBACH’s FlexFinance® solutions for IFRS, Basel II and CSSF compliance
KBC Group, a major European bank insurer, selects riskpro™ for group wide Asset Liability Management.
ACE Software announces strategic partnership with BankServ
Trading Technologies Statement Regarding Brinks Hofer Gilson & Lione News Release
Bottomline Technologies Exceeds Revenue and Earnings Expectations
Vertafore Appoints Susanna Morgan as Top Company Strategist
Fundtech Reports Financial Results for the Second Quarter of 2007
British American Tobacco Plc Selects Reval for IFRS 7 and Hedge Accounting
HOMESERVE IN PRODUCTION WITH GUIDEWIRE CLAIMCENTER
8 August 2007
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QSG Expands its Specialty Model Suite by Releasing its Insurance Stock Selection Model
FPL Leadership Meet To Set Future Strategy
SAFEGUARDING PERSONAL INFORMATION CALLS FOR A MORE COMPREHENSIVE APPROACH BY FINANCIAL SERVICES INSTITUTIONS
INTERACTIVE DATA PROVIDES MIFID DATA TO WIENER BÖRSE
Citigroup predicts doubling of M&A deals in 2007
Morgan Stanley appoints Brian Magnus to head buyout fund
SuperDerivatives Appoints MQSeries Innovator Sam Somech to Head R&D
Eurex to launch trading in Austrian equity options
Kabira and Torry Harris team to deliver new provisioning, charging, and mobile payment systems
Fidelity National Information Services’ Profile Core Banking System Available on HP Integrity Servers
CEP Vendor Landscape: Profiles of Top Event Processing Vendors in the Capital Markets
Profits up 65% at Oversea-Chinese Banking Corp
ING profits up 27 per cent in second quarter
London Stock Exchange Group PLC (“London Stock Exchange”) merger with Borsa Italiana S.p.A. (“Borsa Italiana”)
SunGard Continues Investment in Benelux Region with Creation of New AvantGard Operations Centre
Absolutely Training achieves FSSC Accreditation
TAIFEX SELECTS BT TO DELIVER MARKET DATA GLOBALLY
JULY SETS TRADES UP 96 PER CENT ON PREVIOUS YEAR
ORTEC restructures to accelerate growth
Hedge Funds Hold Their Ground; Barclay Hedge Fund Index Gains 0.62% in July
Pearl Insurance Goes Live with Duck Creek
LINEDATA INTRODUCES INNOVATIVE OMS-EMS TECHNOLOGY IN PARTNERSHIP WITH GOLDMAN SACHS
7 August 2007
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Financial Software Systems Licenses Margintrac to Raiffeisen Zentralbank Österreich Ag
Supporting Diverse and Changing Reporting Requirements is Key Factor in Retaining Investors, According to Financial Executives at Industry Event
Zeus Technology and Yebotv Partner for Real-Time Entertainment Content
Mark Kahn Joins Principia as EVP Sales to Lead Global Business Development
RTS Provides Single Trading Screen Access to all SGX Markets with New Gateway to SGX Equity Markets
Members United Gains Efficiencies with VSoft’s Remote Capture Solutions
ONStor clustered NAS appliance chosen by ebackup as the storage system to support growth of their enterprise-level business customer base
Macquarie opts for joint venture with Renaissance
Goldman Sachs fund nosedives nearly 8% in July
UBS appoints Latin America chief to global role
Fortis shareholders back rights issue
INTERACTIVE DATA DELIVERS EXCHANGE TRADED COMMODITY DATA TO ETF SECURITIES
Office Depot selects SAS for global customer intelligence
SWIFT AWARDS 2007 SWIFTReady GOLD LABEL TO VOLANTE TECHNOLOGIES
FINEOS Extends Relationship in Claims Management with IBM
Aegis Software Opens UK Office to Support Growing International Market for its Advanced Trading Solutions
TCS sets its sights on becoming a world leader for business applications in BFSI
Kansas Energy Selects NewEnergy for its ETRM Business
4th Story Automated Trading Adds Direct Access to Hotspot FXi
Audit Integrity Ratings Now on Forbes.com
Private Asset Management Selects INDATA IMS for Front to Back Office
6 August 2007
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LINEDATA SERVICES APPOINTS DAVID BILBÉ AS MD OF NORTHERN EUROPE
SCIVANTAGE APPOINTS INDUSTRY VETERAN AS CHIEF FINANCIAL OFFICER AND SENIOR VICE PRESIDENT
Life Care Centres of America Selects ImageNow for Accounts Payable
Olympia Capital (Ireland) Limited chooses M·A·T·share to help fund of hedge funds clients meet new operational challenges
Postilion Solutions for Financial Institutions Receive Visa Payment Application Security Validation
Zeus Technology and Waytek partnership announced
INSTEC RELEASES REPORTS MANAGER FOR REAL TIME AD HOC REPORTING
Cordys solution achieves “Powered by SAP NetWeaver®” status Solution optimises interoperability with SAP® solutions
Citigroup Asia financer joins CVC Capital as adviser
Credit Suisse hires new asset management managing director
Fortis to finance ABN Amro deal in other ways?
President of Bear Stearns resigns
Altaira LLC releases the first comprehensive Cross-Asset .NET Portfolio system where the Source Code is included in the purchase.
Rhyme Systems Announces Launch of Arrow-SP for Connectivity to the Euroclear Single Platform
InfoComp and GBST join forces
Codefarm incorporates Moody’s CDOROM™ model into online CDO spread enhancer
Switzerland’s AIG Private Bank Selects Charles River Development to Automate Compliance of Asset Management Operations
Morris moves from ACI to Dovetail
AEGON-CNOOC Selects DSTi’s HiPortfolio/3
THE MASTER TRUST BANK OF JAPAN GOES LIVE WITH CALYPSO FOR DERIVATIVES PROCESSING
Beta Systems announces new integration products to provide large enterprises with more agility in their IT and business processes
GridwiseTech Releases Demo application for the Financial Sector
PENSON FINANCIAL SERVICES LTD. PLANS FOR GROWTH WITH THREE NEW HIRES
Chi-X Extends Trading Services to FTSE 100 Stocks
Small-Business Strategies of the 30 Largest U.S. Banks: Closing the Gap Between Bank Offerings and Customer Needs
B2N RELEASES HIGH-PERFORMANCE TICK HISTORY LOGGER
Document Sciences Announces Record Quarterly Revenue
3 August 2007
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7GLOBAL AWARDED PCI DSS ACCREDITATION
Taiwan approves new branches for UBS and Mizuho
Sub-prime losses for Euro banks are "manageable", says Moody's
Profits up 11% at Royal Bank of Scotland
58% of providers believe changing regulation is lowering consumer confidence
New Zealand clients go live with Bravura Solutions KiwiSaver-enabled product
Accuity's IBAN File Now Available With Daily Updates
TowerGroup Experts Offer Insight on Fiserv Acquisition of CheckFree
PRMIA, in Partnership with Henry Stewart Publications, Announces Introduction of Journal of Risk Management in Financial Institutions
Trustmark Insurance Delivers Real-Time Communications with Document Sciences' xPression
2 August 2007
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NeoNet – Interim report January-June 2007
Milestone Group expands into North America
ITG® GROWS EUROPEAN REVENUES TO RECORD LEVELS
Fiserv to Acquire CheckFree
Demica, Hitachi Information Systems and Risk Monster announce strategic partnership
Advanced credit derivatives solution for banks, asset managers and insurance firms in new version of Misys Summit FT
Pension Obligations Still Risky For Western European Banks Despite Lower Deficits, Report Says
Barclays remains confident over ABN Amro bid
Bear Stearns funds file for bankruptcy
Societie Generale profits up 33%
Profits up 17% at Credit Suisse
Path Solutions completes successful implementation of iMAL at Bank of London and the Middle East
GBST acquires InfoComp for $56 million
ICAP, LinkBrokers and TFS Use SwapsWire for North American Equity Derivatives
Eurex trading volumes rose by 52 percent to 162 million contracts in July
EPAM wins International Stevie® Award as the Best MIS & IT Company
1 August 2007
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AIB International Financial Services Limited locates Business Development Executive in New York
AIBIFS' General Manager AIB Hungary Kft., to focus on Growing the Business in Luxembourg
Strategic acquisition in software asset management
Research Paper Forecasts Change in Future Prime Broker Business Model
TOWERGROUP EXPLORES IMPACT OF VERIZON WIRELESS AND OBOPAY DEAL ON EVOLUTION OF MOBILE PAYMENTS
Financial Services Agency of Japan starts Pilot of XBRL-based Reporting
NumeriX Releases Comprehensive Inflation Derivatives Module
NumeriX Adds Stochastic Libor Market Model to its World Class Fixed Income Analytics
Mellon Romania Awarded with a Gold at the 2nd Annual Contact Center World Awards
Zeus Technology Appoints New Vice President Technology Strategy
Private Equity Firm, Hamilton Lane, Selects ProTrak International for CRM Solution
CMA QuoteVision now available as an ASP solution
PLATINUM HOME MORTGAGE UPGRADES TO METAVANTE LENDING SOLUTIONS’ ONLINE MORTGAGE ORIGINATION SYSTEM
DPC DATA EXPANDS TO NEW LOCATION IN PHILIPPINES FOR SECURITIES-RELATED DATA OUTSOURCING
Xenos Announces Membership in PDF/A Competence Centre
Deutsche Bank profits up 20% in second quarter
Morgan Stanley to sell stake in MSCI unit
Highertaxes will damage economy, Senate told
Profits up 20% at BNP Paribas
PRIMETERMINAL OFFERS EXPANDED FUNCTIONALITY AND CONTENT
Thames River Capital Selects Charles River Investment Management System for Efficient and Automated Pre- and Post-Trade Compliance Management
International Compliance Association Establishes Asia Pacific Regional Office in Singapore in readiness for launch of new programmes
Fetter Logic Celebrates 10 Years of Turning Data into IntelligenceTM
Satuit Technologies Completes Successful 2007 Client Conference
Peach launch new Corporate Compliance Cost Reduction Certification
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Top contributing vendors

1
SunGard
2
bobsguide.com
3
Temenos
4
Standard & Poor's
5
Thomson Reuters
6
SWIFT
7
Nomura Research Institute (NRI)
8
SS&C Technologies Inc.
9
Numerix
10
BPC Banking Technologies
*Top contributing vendors are calculated from news postings within the last 7 days