Latest Application service provider News: Finextra Research

Newedge to deploy GL Trade's hosted processing for listed derivatives

GL Trade has closed a deal with Newedge Group, the global multi-asset brokerage firm, to extend the use of GL Instant Brokerage globally from its UK business to also cover its brokerage operations in Paris, New-York and Hong Kong.

16 December 2008

News/Application service provider

HSBC to issue Visa contactless cards in the Middle East

British banking group HSBC is teaming with Visa to launch a contactless debit card in the Middle East.

30 October 2008

News/Application service provider

Wall Street Systems launches post-trade processing utility

Wall Street Systems has launched a "pay as you go" post-trade processing utility for FX cash, FX derivatives, money markets, vanilla interest rate derivatives, and listed futures and options.

15 October 2008

News/Application service provider

Fundtech acquires UK Swift services outfit Synergy

BBP, the Swiss subsidiary of fintech vendor Fundtech, has acquired Synergy Financial Systems, a UK Swift service bureau, in a deal worth up to £3.6 million.

08 October 2008

News/Application service provider

FfastFill buys Australia's Exchange Technology

UK derivatives trading vendor Ffastfill has bought Exchange Technology, an Australian provider of middle office and trading software, for A$2.5 million.

22 May 2008

News/Application service provider

First Data takes 50% stake in Eufiserv processing unit

US e-payments outfit First Data is acquiring a 50% equity stake in the interbank processing unit of Europe's Eufiserv as it looks to cash in on the opportunities provided by the single euro payment area (Sepa). Financial details of the deal were not disclosed.

21 May 2008

News/Application service provider

Payzone dives on profit warning

Shares in Irish e-payments outfit Payzone lost 60% of their value after the firm said it expects to make a pre-tax loss of EUR30 million for the year ending 30 September 2008.

20 May 2008

News/Application service provider

Outsourcing and offshoring take centre stage at Finexpo

Finexpo - Outsourcing Strategies, a new one-day conference and exhibition from Finextra on 5 June in London will feature keynote presentations from Deutsche Bank, IBM and Société Générale. It will also feature panel discussions covering best practice and the latest outsourcing trends on the sell-side and buy-side - from business processes such as trade execution, risk management and analysis through to back-office processing, infrastructure and application development.

09 May 2008

News/Application service provider

I-flex morphs into Oracle Financial Services

Indian fintech vendor i-flex says it plans to change its company name to Oracle Financial Services Limited.

04 April 2008

News/Application service provider

Portrait to buy Norwegian CRM outfit Million Handshakes

UK CRM vendor Portrait Software has agreed terms to acquire Million Handshakes, a Norway-based provider of outbound campaign management and marketing software.

20 March 2008

News/Application service provider

Credit Suisse licenses TT's X_Trader

Chicago-based Trading Technologies says Credit Suisse Prime Services has signed a global software licensing agreement for its order entry software, X_Trader.

12 March 2008

News/Application service provider

Netik completes buyout from BoNY Mellon; acquires Capco Reference Data Services

Financial markets software house Netik has bought back the stake in its business that Bank of New York Mellon acquired in 2004 and has simultaneously acquired the reference data arm of financial services consultancy Capco.

11 February 2008

News/Application service provider

Payzone execs secure injunction against ousting

Irish e-payments firm Payzone has suspended trading in its shares a day after its CEO John Nagle and CFO John Williamson successfully fought off efforts to oust them.

17 January 2008

News/Application service provider

SunGard buys Financial Technology Integrators

SunGard has acquired the assets of Philadelphia-based Financial Technology Integrators (FTI), which provides Web services applications to banks, trusts and investment firms. Financial terms of the deal were not disclosed.

07 January 2008

News/Application service provider

Morgan Stanley licenses TT's X_Trader

Morgan Stanley has signed a global software licensing agreement for Trading Technologies' order entry software, X_Trader, which will be rolled out to customers and internal trading desks at its client listed derivatives business.

27 November 2007