Formicary Launches World’s First Mobile Client for Microsoft Office Communications Server 2007 R2 Group Chat
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...
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Allegro Receives Top Rankings in 2010 Energy Risk Software Survey
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. ...
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Court tax ruling may prevent banker exodus from the UK, broker claims
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 UKâs Times newspaper that the company had offered its workforce...
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Bankers must act “as if they have something to lose”, Lord Myners claims
Bankers and finance industry professionals must start behaving âas if they have something to loseâ 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...
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London to become most expensive financial hub for bankers, report shows
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...
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UBS to launch new electronic trading facility in Europe
Financial services provider UBS is to launch a âdark poolâ 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...
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UK data back up solutions are ineffective, report claims
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...
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Goldman Sachs to be sued for ‘overcompensation’ of staff by pension fund
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...
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Brady announces 33% growth in sales
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...
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Premium Technology Appoints ebpSource As Master International Distributor
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...
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PRCM Advisers, LLC goes live with ePAM® from Princeton Financial® Systems
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...
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Greece asks Obama to impose tougher rules on hedge funds
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...
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UBS Admits 69 ETCS to London Stock Exchange
- 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,...
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Bursa Malaysia Derivatives Selects Patsystems to provide OMS for derivatives trading
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...
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National Bonds Outsources SWIFT Connectivity to EastNets
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...
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Turkish Economy Bank Confirms New System Capacity with FASTress from Paragon Application Systems
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...
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MediBank Zug Deploys SunGard’s Ambit Apsys Private Banking and Ambit CRM Solutions
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...
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Thomson Reuters Investment Management Outsourcing Solution Achieves SAS 70 Type II Certification
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...
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New Research Finds Variable Annuity and Life Policy Holders Eager to Adopt Electronic Delivery of Prospectuses and Related Compliance Documents
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)...
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FRSGlobal ranked highly in Chartis RiskTech100 report
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...
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Tim O'Reilly's Twitters
- timoreilly: Apple vs HTC: Great artists steal. History from @openjonathan of patent conversations he had with Apple, MS: http://bit.ly/c91IIe via @bfeld
- timoreilly: @n2vip No, I don't. But a lot of the people arguing against renewables seem to think that happy days of cheap oil will return.
- timoreilly: @AndreaDiMaio It helps if you can actually explain why you disagree.
- timoreilly: @AndreaDiMaio Are you by any chance a student of Andrew Keen's? You seem to have a similar sense that you can gain points by being contrary
- timoreilly: 2 NYT stories confirming @nelderini's post: Mexico's Oil Politics http://nyti.ms/dkfAgs Oil prices rising again http://nyti.ms/9zEEHX
Red Ferret
- Dr Who Dalek Talking Alarm Clock – wake up to the sound of an angry alien
- LightForm – world’s first flexible LED lighting film has awesome potential
- Wireless Doorbell Monitor & Camera – check on your callers when you’re out
- Biknd Helium – Ultimate bicycle protection
- BakadoPlayer – free media player gives ultimate control over subtitles

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