Accounting

365 articles tagged with this keyword

/Accounting

Deutsche Bank acquires hedge fund administrator HedgeWorks

Deutsche Bank has acquired HegeWorks, a California-based provider of hedge fund administration services. Financial terms of the deal were not disclosed.

/Accounting

Germany's Helaba signs for SimCorp Dimension

Danish fintech vendor SimCorp has signed Germany's Landesbank Hessen-Thüringen Girozentrale (Helaba) to its investment management platform, Dimension.

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SunGard signs Beirut-based BankMed to BancWare

Beirut-based BankMed has selected SunGard's BancWare technology for profitability analysis, asset/liability management (ALM) and funds transfer pricing.

/Accounting

Cameron Stockbrokers live with Broadridge's Summit

Australia's Cameron Stockbrokers has implemented the Summit broker client accounting system from Broadridge Financial Solutions to automate its equities brokerage processing operations.

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Sage buys treasury management specialist XRT

UK accounting software firm Sage has acquired a 70% stake in XRT, a Paris-based provider of cash and treasury management software, for £30 million.

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DSTi buys Mosiki Development

Investment management vendor DST International (DSTi) has acquired Mosiki Development, a Boston-based consulting and software firm specialising in financial services technology. Financial terms of the deal were not disclosed.

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Erste Bank licenses SimCorp Dimension

Danish fintech vendor SimCorp has signed Austria's Erste Bank to its flagship investment management platform, Dimension.

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Bank of India licenses FinArch compliance software

Belgium's Financial Architects (FinArch) has signed Bank of India to its automated financial reporting and compliance software.

/Accounting

Rand Merchant Bank deploys Advent's Geneva software

South Africa's Rand Merchant Bank (RMB) is installing Advent Software's investment management and accounting platform, Geneva, to support its new prime brokerage operations.

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Bisys fined $25m for accounting and reporting violations

New York financial BPO outfit Bisys has agreed to pay around $25 million to settle claims of improper accounting practices and financial reporting violations.

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Argentina's Banco Patagonia signs IT services deal with IBM

Argentina's fifth largest bank, Banco Patagonia, has signed a $592k IT services deal with IBM for application and server migration.

/Accounting

Patni rolls out Oracle ERP platform at Bombay Stock Exchange

Mumbai-based Patni Computer Systems says it has completed implementation of an enterprise resource planning (ERP) system supplied by Oracle at the Bombay Stock Exchange (BSE) which will be used to automate accounting and human resource management processes.

/Accounting

SunGard buys Integrated Business Systems

SunGard has acquired Integrated Business Systems Incorporated (IBSI), a New York-based provider of software services to hedge funds. Financial terms of the deal were not disclosed.

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Fokus Bank launches integrated Web banking, payroll and accounting system for SMEs

Norway's Fokus Bank has teamed with CRM vendor 24SevenOffice to develop a Web banking system that includes CRM, payroll and accounting applications and can serve as the back-office administrative hub for businesses.

/Accounting

NAB offshores support jobs to India

National Australia Bank is offshoring a further 81 back office jobs from its finance and accounting unit to India under an outsourcing agreement with Accenture.

/Accounting

Merrill Lynch to acquire Equity Methods

Merrill Lynch is to acquire the business of Equity Methods, an Arizona-based supplier of equity award reporting, forecasting and valuation services. Financial terms of the deal were not disclosed.

/Accounting

Spain's Caixa Galicia signs for SunGard's BancWare

Spanish savings bank Caixa Galicia is implementing SunGard's BancWare technology to support its asset and liability management, financial planning and forecasting operations.

/Accounting

Lloyds TSB outsources finance and accounting functions to Xansa

British banking group Lloyds TSB is offshoring its finance and accounting (F&A) operations to India under a five year deal with UK IT services firm Xansa.

/Accounting

Misys signs Banco Portugues de Negocios to risk and compliance package

Lisbon-based Banco Portugues de Negocios (BPN) is implementing risk management technology from UK-based Misys Banking Systems to comply with the Basel II regulations and International Accounting Standards (IAS).

/Accounting

Sage acquires US payments processor Verus

UK accounting software firm Sage is buying US payment processing company Verus Financial for approximately £184 million in cash.