New contributors

I have opened up this blog for several new contributors, most of them I know personally and for quite a long time. Welcome everybody! Hope to see some posts and comments from you soon!

Bank Julius Baer implements internet trading solution from Wall Street Systems

Big deal for Wall Street Systems: Julius Bär has chosen them as their new trading solution.

Fund Accounting Systems on ZoomInfo

While researching and discussing the different systems I have found an interesting link with a nice listing of fund accounting systems. Seems that Zoominfo is much more than just finding business contacts...

IGEFI GROUP Sàrl announces senior appointments to support its continuing international growth

Finally IGEFI Germany has its new CEO: Stefan Schulz is the successor to Jürgen Scharfenorth.

Overview of Systems at Forex Blog

This is an interesting blog I just found that contains several posts on various product categories: Investment Portfolio Management Software, Financial Asset Management Software, and Investment Software. I have also added the blog feed here.

Dauerhafte Dynamik im Markt für Frontend-Software

In diesem Artikel des Magazins "Portfolio Aktuell" (um ihn vollständig zu lesen muss man sich einloggen) wird auf die Anforderungen an die Software-Lösungen für Order-Management, Compliance, Risiko-Management und Meldewesen eingegangen; dabei werden Produkte von SAP, Charles River, SimCorp, LatentZero und Aquin kurz beschrieben. Allerdings springt der Artikel sehr und hat keinen klaren Fokus - und wirklich neues bietet er nicht.

Sleeping on the MIFID watch

This is another alarming report, predominantly from the french point of view, here focussing on custodians: "There’s been some talking but I’m not really sure they’re doing anything about it". The word is spread on the situation everywhere, but why isn't (almost) anything happening ?

CitiGroup: Selecting a Transfer Agency Provider

This article focusses on the available options when selecting a transfer agency provider from CitiGroups point of view. It focusses on "multi" capabilities (multi-lingual, multi-currency, etc.).

Link Lists for Investment Systems from Front- to Back-Office

I have compiled lists for fund accounting systems (see the surveys on the resepective topic, here from Barrington), transfer agency (see also the Barrington survey), compliance and order / portfolio management systems and added them as link lists on this blog (displayed on the right side). They will constantly be updated.

You may find other overviews on WallStreetAndTech (in English) and BankersPlus (in German, you might have to register first). Also interesting is the survey from Investment Advisor Association or the general surveys from Celent, or on specific issues on requirements for those systems at SourceMedia.

GCEY and KPMG also do surveys, but the the last publicly available survey on fund accounting systems I found is from 2004.

Bank Lounge: MiFID Online-Studie

Die Bank Lounge weisst auf eine interessante Untersuchung hin: Berater e.V. (die studentische Unternehmensberatung an der Universität Mainz) untersucht hier den aktuellen Stand der MiFID-Umsetzung in Deutschland. Die Ergebnisse können dann im Juni auf der Seite www.mifid-studie.de bestellt werden.

Andere Länder sind hier schon längst in der Umsetzung, wir analysieren noch...

Technorati Blog Claim

I am herewith adding my blog to technorati. This is obviously a very fast way to get public attention - yes, I am very interested in comments!

MiFID White Paper

Given away by GoldenGate Software, Inc.

ZKA fordert Verzicht auf geplante Beschränkung der Verlustverrechnung bei Abgeltungsteuer

Die deutsche Politik lässt sich wiederum auf Überlegungen ein, die die ohnehin eher skeptischen Anleger in Deutschland weiter irritieren - natürlich befürchten die deutschen Finanzinstitute daher eine weitere Schwächung ihrer Position.

COMIT acquired International Financial Business Solutions

The headline is: COMIT, a Swisscom Company, has acquired International Financial Business Solutions (IFBS AG), a leading Securities Finance and Collateral Management software application provider. This is one of several steps to come that Comit will do in order to follow their defined strategy: moving more into the corporate banking world. With the power of their stakeholder, the Swiss telco giant Swisscom, this should be rather easy. Just have to wait and see how this all fits together...

Banks get miffed at new regulation

MiFID Cheat Sheet: a very brief introduction into the topic

MiFID - Consequences for Data Management

Very interesting article on MiFID and what consequences it will have on Data Management. This is a must for every application vendor and IT manager in the banking industry, especially for investment companies and custodians.

Financial Services at Bank of New York Mellon Corporation

This pdf gives an overview of the global financial services of The Bank of New York Mellon Corporation

CESR publishes first Guidelines re. MiFID

CESR (The Committee of European Securities Regulators) publishes its first set of CESR Level 3 Guidelines and Recommendations on the smooth application of MiFID.

SunGard Acquires Finetix

SunGard continues to acquire smaller software vendors...

Dexia Securities France and Atos Euronext Market Solutions announce their partnership approach to offer brokers a MiFID solution

Find the Article here

BNP Paribas Asset Management chooses Information Builders' business intelligence solution

Find the article here

SunGard Consulting Services Launches New Offering to Address MiFID Compliance

Seems that Sungard has understood the importance of the issues.

Skandal bei der WestLB

Bei der WestLB weitet sich der Skandal aus - jetzt ermittelt auch noch die Staatsanwaltschaft.

IT-Landschaftsgärtner pflegen Schnittstellen

Die Portfolio Institutionell gibt in Ihrem Interview mit den Verantwortlichen diverser KAGen einen Überblick über die neuen Anforderungen, und wie die KAGen damit umgehen.

Two in three European banks set to miss MiFID deadline - survey

This is a very alarming report, showing that Europe is everything but prepared for MiFID.