Latest Portfolio management News: Finextra Research

StatPro slips on profit shortfall

Shares in AIM-listed StatPro have slumped in morning trading after the vendor said full year profit had fallen 31% after restrucuring charges ate into earnings.

12 March 2007

News/Portfolio management

Hansabank signs for Financial Objects wealth management products

UK banking systems vendor Financial Objects has signed Baltic banking group Hansabank to its activebank wealth management technology.

19 February 2007

News/Portfolio management

Thomson Financial buys eXimius unit from Business Architects

Thomson Financial has acquired eXimius, an investment and wealth management platform developed by Belgium-based Business Architects. Financial terms of the deal were not disclosed.

16 February 2007

News/Portfolio management

Lloyds TSB implements Odyssey technology for investment management platform

UK-based Lloyds TSB is implementing portfolio rebalancing and order management technology from Odyssey Financial Technologies to underpin a new Web-based investment management platform.

15 January 2007

News/Portfolio management

RBC Capital Markets acquires New York broker dealer Carlin

RBC Capital Markets, the corporate and investment banking arm of RBC Financial Group, has completed the acqusition of Carlin Financial Group, a New-York-based broker dealer that provides proprietary services and technology to hedge funds, professional traders and financial institutions.

05 January 2007

News/Portfolio management

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.

22 November 2006

News/Portfolio management

StatPro to buy Canada's FRI Corporation

StatPro, an AIM-listed supplier of portfolio analytics software for fund managers, has signed a contract to acquire FRI Corporation, a Canadian provider of portfolio management technology, for a total consideration of £25 million.

27 September 2006

News/Portfolio management

Northern Trust to create 300 new back office jobs in Ireland

Northern Trust is to establish a second fund administration operation in Ireland, creating up to 300 jobs.

07 September 2006