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SunGard apologises for BNY Mellon NAV glitch


01 September 2015 New York
Reporter: Stephanie Palmer

SunGard president and CEO Russ Fradin has apologised for the technical failure of its hosted InvestOne fund accounting platform, which left BNY Mellon’s net asset value calculation and processing disrupted...
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Fund accounting headache for BNY Mellon


28 August 2015 New York
Reporter: Stephanie Palmer

BNY Mellon is still experiencing problems with producing system-generated NAVs for its US fund accounting clients after the system failed on Wednesday 26 August...
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Genpact takes over Citibank OpenWealth in the UK


24 August 2015 Glasgow
Reporter: Stephanie Palmer

Genpact has completed its acquisition of Citibank’s UK OpenWealth platform, expanding its own OpenWealth capabilities in to the UK financial services market...
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SunGard sells for $9.1 billion


12 August 2015 Jacksonville, Florida
Reporter: Stephanie Palmer

Banking and payment technology provider FIS has signed an agreement to acquire SunGard for a value of $9.1 billion...
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INDATA iPM Cloud grows client base


12 August 2015 Greenwich, Connecticut
Reporter: Stephanie Palmer

Emerald Advisors has implemented INDATA’s iPM Cloud technology for its newly acquired boutique firm Elessar Investment Management...
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Calastone goes live with distribution service


11 August 2015 Sydney
Reporter: Stephanie Palmer

Calastone has launched its automated distribution service for standardising the flow of information for tax and income statements...
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Lanware wins 4-year tech contract


30 July 2015 London
Reporter: Stephanie Palmer

Financial services technology provider Lanware has been appointed as the sole provider of outsourced technology services for the UK and Ireland business of Mitsui Sumitomo Insurance at Lloyd’s...
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MX.3 for Limit Control gets an upgrade


27 July 2015 Paris
Reporter: Stephanie Palmer

Murex has introduced a new version of its MX.3 for Limit Control – its exposure and limit management framework spanning whole trading and banking systems within firms...
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SS&C acquires Advent Software


09 July 2015 Windsor, CT
Reporter: Stephanie Palmer

SS&C has completed its acquisition of investment management software provider Advent Software...
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ICAP expands partnership with AcadiaSoft


08 July 2015 London
Reporter: Stephanie Palmer

ICAP has increased its investment in AcadiaSoft, an electronic margining provider of over-the-counter derivatives...