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Technology

J.P. Morgan strengthens local derivatives hub

MICHAEL HOBBS  |  WEDNESDAY, 26 MAY 2010
J.P. Morgan Treasury & Securities Services (TSS) is set to grow its local arm by at least 100 new staff this year and improve its derivatives-related services in Australia.

BTIM names software provider for platform

COMPANY RELEASE  |  WEDNESDAY, 26 MAY 2010
BT Investment Management (BTIM) has selected data management software firm, Cadis, to build a centralise data management platform.

SAP buys Sybase

COMPANY RELEASE  |  FRIDAY, 21 MAY 2010
Sybase directors have backed a deal for SAP to buy the technology firm for a cash offer worth more than $7 billion in common stock.

DST upgrades transaction service

PRESS RELEASE  |  WEDNESDAY, 19 MAY 2010
DST Global Solutions has launched a more streamlined version of the AWD application that provides more features for managing transaction processes.

Westpac upgrades online trading platform

COMPANY RELEASE  |  TUESDAY, 18 MAY 2010
From $600 worth of free brokerage to mobile trading, Westpac Securities has improved its online investing platform to give customers access to better investment and equity trading opportunities.

SunGard lends IT muscle to super funds

MICHELLE BALTAZAR  |  WEDNESDAY, 12 MAY 2010
SunGard has combined its consulting and technology services teams to create a new global services firm with around 4,500 staff, focused solely on the global financial services and energy industries.

Cuscal opens FX payment platform

PRESS RELEASE  |  WEDNESDAY, 12 MAY 2010
Cuscal has teamed up with J.P. Morgan to provide its retail financial institution clients with a platform to assist with the payment and receipt of foreign currency.

ME Bank inks Telstra deal

MICHELLE BALTAZAR  |  TUESDAY, 11 MAY 2010
Telstra scooped a three-year, $4.5 million contract to provide telecommunications products and services to ME Bank, an agreement signed as the bank, which was founded to serve industry fund members, embarks on a major expansion program.

Yellow Brick Road selects OneVue managed accounts

MICHELLE BALTAZAR  |  MONDAY, 10 MAY 2010
Wealth management firm Yellow Brick Road, headed by Wizard Home Loans founder Mark Bouris, plans to make a big mark in the self managed super funds (SMSFs) market by providing "advice on tap", signing a deal with managed account provider OneVue to help ...

UniSuper extends Bravura mandate

COMPANY RELEASE  |  FRIDAY, 7 MAY 2010
Tech firm Bravura Solutions has extended its existing contract with UniSuper to licence Bravura's ePASS solution to employers.