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Deutsche Borse new network operator for CEESEG

Deutsche Börse AG and CEE Stock Exchange Group (CEESEG) have announced the conclusion of a major IT agreement.

Axioma signs BlueCrest Capital Management

Axioma, a leading provider of decision support, risk analysis, portfolio rebalancing and performance attribution tools, today announced that BlueCrest Capital Management LLP, a leading alternative asset manager with more than $32 billion in assets under m

FSA 'asks banks for IT contingency plans'

The Financial Services Authority wants the main high street banks to detail their efforts to prevent a software glitch like the one that hit Royal Bank of Scotland in June, the Financial Times claimed.

Ex-ABN AMRO CEO Slams Financial Institutions for Losing Touch With Customers

“It has been clear for some time that many banks and other financial institutions have done little but think of themselves, they have lost touch with their customers and they are no longer trusted. At the same time the drive toward ever more stringe

Ashmore Investment Management goes live with Calastone

Joining the network is simple and does not require additional costly technology. Single point of entry to the market via Calastone is seamless and industry developments, such as the movement away from ISO 15022 messaging to the ISO 20022 standard, are eas

Bravura Solutions sees more efficient online world for financial firms

Improvements in the internet experience will depend on shifting away from proprietary systems to standards based ones that ensure access to latest technologies.

FSA challenges bank chairmen over IT

The letter to the nine largest banks and building societies from two senior Financial Services Authority executives also demands the names of senior managers who could be held personally responsible if information technology systems go awry.

Banks’ regulatory spend spurs Rule Financial’s growth

Despite many economists doubting banks’ IT spend this year (e.g. Celent predicted growth of just 2.8% in 2012), Rule Financial is continuing to expand globally. Rule Financial has found that regulatory pressure is a key driver for projects that it i

SS&C Launches CAMRA I-Risk

SS&C Technologies today launched CAMRA I-Risk for Insurance companies to address emerging Solvency standards by combining CAMRA’s sophisticated financial reporting capabilities with a state-of-the-art position-based stochastic simulation model.

Standard Life launches on-line traing portal for institutional investors and advisers

Standard Life Investments today announced the launch of a portal of wide-ranging education tutorials to help institutional investors and advisers meet their professional development and training needs.

Independent expert to review RBS computer meltdown

FSA orders Royal Bank of Scotland to appoint independent expert to establish what went wrong and why in June IT failure

Ulster Bank to pay €35m over IT glitch

The bank, which is owned by Royal Bank of Scotland, also said that it would waive certain fees and interest charges for three months – and, from Monday, will start reimbursing “reasonable” out of pocket expenses incurred by customers as

Banks' regulatory spend spurs Rule Financial's growth

IT consultancy boosts revenues by 15%, with growth in the UK, US and Canadian investment banking markets, as well as in nearshore development centres in Poland and Spain.

Standard Life calls review of digital ad business

The search for an agency follows a recent restructure of Standard Life's global business, which included the departure of its UK marketing director, Bruce Kelsall, after nearly three years at the company.

Dutch customers unimpressed by Deutsche Bank service

A spokesman for Deutsche Bank accepted there are problems but said they were improving the situation 'by the hour'.

Advent Portfolio Exchange Receives Top Honors by CEB TowerGroup

Advent's Asset and Wealth Management Solution Sweeps All Four Categories for "Best-in-Class" Technology Solution

Dion Global plans to tap ‘pockets of expenditure’ for growth

Dion Global Solutions is a software solutions and information research services provider for financial institutions across Asia Pacific, Europe, India South Asia, Americas and West Asia and Africa. Mahindra Satyam acquired about 15 per cent in Dion, earli

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