Formicary Mobile Chat allows users to share and access information in a timely and efficient manner while on the moveFormicary, provider of premier Systems Integration and software solutions, today announces the launch of the world’s first secure real-time enterprise mobile client designed to...

Recognition in Key Categories Supports Allegro’s Market Leadership PositionAllegro, the leading provider of energy trading and risk management (ETRM) solutions, announced today that it has received top rankings in a number of key categories in the annual Energy Risk Magazine Software Survey. ...

The anticipated exodus of many bankers and finance professionals from the UK may be prevented by a tax ruling against a British entrepreneur, a broker has claimed. Terry Smith, chief executive officer (CEO) at Tullet Prebon, told the UK’s Times newspaper that the company had offered its workforce...

Bankers and finance industry professionals must start behaving “as if they have something to lose” if reform within the industry is to work, the financial services minister has claimed. Lord Myners made the comments while giving a speech at the Smith Institute in London. Market discipline must...

London is to become one of the most expensive global centres for bankers to work in after the forthcoming introduction of a revised income tax banding for high earners, new research has shown. Findings from a study by KPMG, reported by the Wall Street Journal, revealed that many British bankers...

Financial services provider UBS is to launch a “dark pool” Multilateral Trading Facility (MTF) to allow cross trading in Europe. According to the firm, UBS MTF will work alongside the existing UBS Price Improvement Network (UBS PIN) by offering a wider array of liquidity to its members. The MTF...

Many businesses in the UK are failing to back up IT and technology systems effectively, a new report has claimed. Findings from a study by Acronis revealed that nearly two-thirds of companies questioned said it can take them up to a day to recover following a system failure. Nearly a fifth of...

A group of shareholders has launched a law suit against Goldman Sachs accusing the investment bank of paying management and senior executives too much. Legal action has been filed at Delaware Chancery Court by pensions fund the International Brotherhood of Electric Workers, Reuters reported. The...

Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals and commodities, has announced another successful trading year. The newly released preliminary results for the year ending 31 December 2009 show significant growth, contributed to by six major new Trinity...

Brady PLC

New Partnership Brings State-of-the-art Financial Supply Chain Solutions to Network of Global Banks and International ResellersPremium Technology, Inc (Premium) a leading developer of Financial Supply Chain solutions to global banks, together with ebpSource Limited, the leading experts in the field...

ePAM® to provide investment accounting for residential mortgage backed securities and hedging strategiesPrinceton Financial® Systems (PFS), a leading provider of accounting, compliance, data management, performance measurement and reporting solutions for the global investment industry, is pleased to...

Princeton Financial Systems, Inc.

Greek prime minister George Papandreou has called on US president Barack Obama to introduce tougher regulation on currency traders and hedge funds.The European country is currently in the midst of a financial crisis which has seen three packages of cuts passed in the past three months by the...

- Issuer chooses London for main European ETC offering The London Stock Exchange today announces that UBS has become a new issuer of Exchange Traded Commodities (ETCs) on its markets. The bank has admitted 69 products in its first major issuance of ETCs in Europe outside Switzerland. Pietro Poletto,...

London Stock Exchange (LSE)

Patsystems, the trading solutions provider to the derivatives industry, is pleased to announce that it has been selected as technology provider for Bursa Malaysia Derivatives Berhad’s new front-end for derivatives trading, known as Order Management System (OMS).Bursa Malaysia Derivatives will offer...

Patsystems

National Bonds Corporation PJSC, the Shari’a-compliant saving scheme has outsourced its SWIFT connectivity to EastNets, providing customers an easier, faster and more convenient way to save their money, from anywhere in the world. EastNets, a global provider of compliance and payments solutions and...

EastNets

Turkish Economy Bank (TEB), a leading bank in Turkey, recently leased FASTress and professional services from Paragon Application Systems to stress test their new payment system. TEB required confirmation that their new transaction processing platform could reliably handle peak transaction volumes...

SunGard, a member of the Swiss Private Bankers Association providing investment advisory services and portfolio management to private clients, has implemented SunGard’s Ambit Apsys Private Banking solution and SunGard’s Ambit CRM to consolidate its core banking and CRM solutions. The Ambit solutions...

SunGard Corporate

Thomson Reuters today announced it has successfully completed a Statement on Auditing Standards No.70 (SAS 70) Type II examination of its leading full-service investment management business process outsourcing solution (BPO). The audit provides assurance that Thomson Reuters PORTIA employs uniform...

Thomson Reuters

Comprehensive Study Shows Overwhelming Consumer Interest; Yet Few Providers Articulate and Capitalize on Their E-Delivery Capabilities and OffersAccording to a new study commissioned by NewRiver, Inc. and conducted by Mathew Greenwald & Associates, there is strong appeal from variable annuity (VA)...

NewRiver Inc.

FRSGlobal cited as overall winner in the regulatory reporting categoryFRSGlobal, the only global provider of risk reporting and regulatory reporting compliance solutions on a unified platform with coverage for over 40 countries, today announced that it has placed eleventh in the annual Chartis...

FRSGlobal