Month: December 2000

Cognotec Expands with Two New Offices

Cognotec is opening two new sales operations in Mexico and Canada. These bring to nine the number of new offices the firm has opened over the past year. The Santa Fe office is to be run by Juan Carlos Escalera, who previously spent five years with Reuters where he implemented the first fully implemented broker […]

Alternative Investment Offers Differential

The Scorpio Partnership, a London-based think-tank, has completed a study that suggests that alternative investments are becoming an important point of differentiation among private banks in Europe. The group interviewed 60 wealth managers around Europe and discovered that almost all the private banks were planning to enhance or develop a diverse range of alternative investment […]

ATSM Signs Natexis; Enhances Tradix Platform

ATSM’s Tradix global trading and risk management system has been selected by France’s Natexis Banques Populaires. Tradix will be used to support and manage the bank’s capital markets activities on its various desks, including long and short term treasury, short term securities and FX forwards (activity which consists of trading and corporate swaps). Tradix provides […]

FMS to Provide ASP Service for New FX Platform

Financial Market Systems (Canada), formerly Kinvara Ventures, is opening its ASP to testing by Forex International (FXI), a new online currency trading firm. FXI will begin testing the retail version of its Universal Trading Platform, to potentially handle demand for its “high traffic FX platform”, according to officials. FXI will test the FMSC server, while […]

Tokyo-Mitsubishi Completes Global Roll-Out for Derivatives

The Bank of Tokyo-Mitsubishi (BTM) is in the process of installing the DerivaTech currency derivatives pricing, analysis and risk management solution to its New York office, a move that will complete the rollout of its global trading platform. “It is vital that our entire global team, has the same pricing tools,” says Motoshi Imura, chief […]

Bridge Telerate Offer Flagship Products Via Web

Bridge Information Systems and its subsidiary Telerate have launched their flagship workstation products over the Internet. Users will now be able to access BridgeStation and Telerate packages over their own high-speed Internet connections without the installation of additional hardware. Bridge says users can be up and running in as little as 24 hours. “The new […]

Currenex Receives Second Round of Financing

Currenex, the online FX platform, has received $27.6 million in funding in a second round of financing, with the addition of an investment from the Royal Dutch/Shell Group of companies. In joining the second half close of the round, Shell becomes the first of Currenex’s corporate strategic clients to take an equity stake. Shell has […]

SG Creates Debt Finance Platform

SG, the corporate and investment banking arm of Société Générale, is combining its Fixed Income & Treasury and Financing businesses to form a global Debt Finance platform. “In the context of a growing convergence between the banking and capital markets, SG aims by this strategic move to provide its clients, both issuers and investors, with […]

Wilkes Joins Kalahari

Kalahari, the analytical and price discovery software company, has hired Matthew Wilkes as front office development engineer. Wilkes spent the 11 years with Hambros Bank in London, where he dealt off balance sheet (OBS) products and was involved in the development ofvarious Excel spreadsheets used for pricing and valuing within the trading room. More recently, […]

Ramji Joins Calleo’s Board

Al-Noor Ramji, Dresdner Kleinwort Benson’s director of IT, has joined the board of IT services consultancy Calleo Group, as a non-executive director. Officials say his appointment will provide direction to the Calleo board in business innovation and technology enablement, based on his extensive experience in the global investment banking community.