08/20/2012
Bravura Solutions and BNY Mellon ink 10yr technology deal
The deal also includes ongoing professional services work and a managed hosted service agreement.
FinTech
08/19/2012
Cloud computing changes all rules in banking
The first model is the “analytical multi-channel” bank.
08/19/2012
Rule Financial expands domain group
Most recently with UBS, Potok held the position of executive director, global head of structured rates middle office.
08/19/2012
Legg Mason launches 'global bond markets' website
The website is designed to help investors evaluate the income opportunities in a broad range of fixed income sectors and users will be able to access weekly bond market updates, expert industry perspectives and recorded webcasts and videos with key portfo
08/16/2012
SS&C Launches New Brand
SS&C Technologies has announced the launch of its new corporate brand, including a new logo and corporate slogan.
08/15/2012
Sarasin & Partners launches first iPad App
It will provide trustees and professional investors with a comprehensive work of reference and guide to investment.
08/14/2012
Knight Capital's $440m trading loss 'caused by disused software'
On August 1, the dormant system started multiplying stock trades by 1,000, according to Bloomberg. Knight’s staff looked through eight sets of software before determining what happened, it is claimed.
08/14/2012
How has banking IT changed after the industry's Armageddon?
The news sent the City into meltdown and took thousands of IT jobs with it.
08/14/2012
Global wealth managers predicted to spend $35bn on IT by 2016
Apps are expected to be a key part of the development plans for groups.
08/14/2012
Pershing Launches Practice Management for UK Clients
Pershing has brought its successful practice management programme to the UK, enhancing the services offered to wealth management and financial planning clients and reinforcing its partnership approach to clients' business growth.
08/13/2012
Linklaters Selects LexisNexis InterAction as Global CRM Tool
InterAction aggregates and de-duplicates client data such as client profiles, financial information, notes and activities to provide a 360 degree view on clients. This insight helps firms to identify the complex connections among people, companies, relati
08/12/2012
UK Wealth Manager Selects Advent’s Platform for Asset Management
The wealth caters to high-net-worth individuals, and has £2 billion in assets under supervision.
08/12/2012
Parmenion pilots wealth management ‘toolkit’
New toolkit includes white label documents that can be branded with an advisers logo and includes portfolio-building guides.
08/12/2012
Pershing launches practice management programme for wealth managers
The service, which is established in the US, includes business ‘health checks’, presentations from Pershing executives and external speakers, group discussions and information on new Pershing services.
08/09/2012
SS&C Technologies up 31.6% year-on-year
Adjusted diluted earnings per share (a non-GAAP measure defined in note 4 to the attached Condensed Consolidated Financial Information) in the second quarter of 2012 was $0.33 per share compared to $0.26 per share in the second quarter of 2011, an increas
08/08/2012
Polish Broker Selects SunGard’s Valdi Solution
Alior Bank’s traders will use Valdi’s trading tools for managing their WSE order flow, including Valdi Selector for risk management and Valdi Program Trader for basket trading and index arbitrage capabilities.
08/07/2012
HSBC Private Banking Unit Renews Relationship for SEI Global Wealth Services
The contract extension means that GWS will continue to power HSBC's UK Private Banking offering for three additional years.
08/07/2012
Fidelity follows Aegon and Novia with GBST deal
GBST has tied up with Fidelity Worldwide Investment to provide administration and registration through its Composer platform.
08/07/2012
Claranet brings a wealth of benefits to Third Financial
A new breed of young, wealthy and technology-literate individuals now expect to do business on their mobile devices – including managing their money.
08/06/2012
Spain's stock market disrupted by trading glitch
Madrid's extended shutdown comes as global regulators pursue efforts to prevent even small technical problems disrupting broader markets following a succession of problems that have dented investor confidence.