Month: September 2000

BNP Paribas Combination Sets Out Strategy

With its 24 May merger now well behind them, the senior management team at BNP Paribas are now settling into their new roles and focusing on the combined strengths of the organisation. Loic Meinnel has been named global head of foreign exchange, while Henri Foch is global head of FX trading, responsible for, spot majors, […]

Goldman Hires Amrolia for Sales & E-Commerce Role

Goldman Sachs International has made a high-profile appointment to its global FX division with the hire of Deutsche Bank’s Zar Amrolia. Amrolia, who takes up his London-based post in November, will be managing director and co-chief operating officer of the global FX business, overseeing global FX sales and FX e-commerce. Amrolia succeeds Jonathan Lopatin, who […]

Intesa Implements Online Retail E-Trading Service

Intesa, Italy’s largest banking group, has chosen Orbita middleware from OpenTrade as the backbone of its new Internet-based, retail e-trading service, IntesaTrade. The investment and securities trading service enables customers to trade in securities listed on major global stock markets, purchase mutual funds and gain instant access to information services, prices and other investor decision […]

SunGard Launches Web to Legacy Integration Services

SunGard Business Integration (formerly Mint), announced the launch of Mint Knowledge, which offers a range of business integration services covering areas such as Web to legacy integration. “This is not about new technology ‘ it’s about providing a solid foundation for systems already in production,” says managing director Urs Rutschmann. “SunGard Business Integration is about […]

Banca di Roma Takes New Risk Management System

Banca di Roma has taken Algorithmics’ Algo Suite for market and counterparty credit risk. The first phase of the project focuses on market risk management and is due for completion by year-end. The second phase of the project will cover counterparty credit risk.

Brokers Sign Up for Kalahari’s FX Arbitrage Pricing Service

Kalahari, the analytical software supplier, has recently made three software sales to financial institutions in Europe, which will be using Kalahari’s k.A.C.E (Kalahari Advanced Calculation Environment) and Trio Arbitrage software for foreign exchange arbitrage pricing. Davy Moneybrokers will be using k.A.C.E. and DePfa Europe Plc and Hypovereinsbank AG will be using Trio Arbitrage. Kalahari’s product […]

OUB Builds New Payment Centre

Singapore’s Overseas Union Bank (OUB) has selected SunGard Business Integration (formerly Mint), to provide the core components of its new, consolidated payment centre. The payment centre, which will handle both inbound and outbound transactions, is part of a two phase project at OUB that will enable the bank to improve business flow management, mitigate operational […]

Weston Capital Management Unveils New Web Site

Weston Capital Management and Weston Capital Investment Services have launched the first phase of the Weston Capital Web site, www.westoncapital.com. In its current form, the site offers a mix of information about the group’s products, practices and investment strategies. A second phase, due for release over the summer, is an interactive AV reporting system that […]

Fenics.com Reports Strong Uptake in First Two Weeks

In its first two weeks of trading, the fenics.com online FX options service experienced unprecedented new subscriber levels, with over 1,400 new users and more than 90,000 options priced over the service. The service is targeted at corporates, fund managers and middle tier banks, and so far has a geographic split of new subscribers that […]

Gain Capital Increases Market Services

Gain Capital, the online FX trading service, now has a link to its www.gaincapital.com Web site via Bloomberg, under the moniker FXGAIN. For clients that already have a Bloomberg terminal, the link streamlines the process for accessing Gain Capital’s dealing platform, explains Mark Galant, CEO. Separately, Gain has licensed Market News International’s Bullet Points product […]