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| New Product Releases |
| Company |
Product |
Contact |
| Algorithmics and Standard & Poor's |
RiskDirect, a web-based risk management service bureau, including software, on-line training and technical support. |
Victor Goodman, Algorithmics 416-217-1500 |
| Front Capital Systems |
Arena, an integration of its product line that combines the Intas fixed-income and trading system with the Optas equity trading and Omni order-routing systems. |
44-171-505-5200 |
| IXnet |
Liquidity, an integrated global intranet, combining market data with electronic trading links. |
www.ixnet.com |
| Lynx Financial |
Passage, an investment-processing data model for reducing operational risk. |
www.lynx-fs.com |
| Midas-Kapiti |
New functionality for Midas, a banking operations system, including an e-business layer that covers banking, reporting and counterparty trading. |
Patrick Gale 44-181-879-1188 |
| NeoVision Hypersystems |
Heatmaps 2.1, a Java-based visualization intelligence system that allows traders, analysts, and risk and portfolio managers to monitor financial instruments against customized sets of analyses. |
Eric Gelman 212-378-8412 |
| NetRisk |
RiskOps 2.1, an operational risk measurement and management system that offers modeling and database management capabilities |
www.netrisk.com |
| RiskMetrics Group |
CreditManager 2.5, a credit risk management system that allows risk managers to quantify, analyze and measure overall portfolio credit risk. |
Purvi Tailor 212-981-7417 |
| Xenomorph |
Instrument Risk System, a system that reduces risk caused by time lags in pricing data. |
www.xenomorph.com |
| Product Sales |
| Company |
Sale |
Product |
Contact |
| Asset Control International |
Hypovereinsbank |
Asset Control's database and cleansing system for managing live market data. |
www.asset -control.com |
| ATSM |
Dresdner Bank, Consors Discount Broker |
UBIX, a back-office software package for exchange-traded futures and options. |
Myriam Dianine 33-1-41-27-95-00 |
| BARRA |
Northern Trust |
BARRA TotalRisk for Asset Management, a risk reporting, benchmarking and risk management system |
www.barra.com |
| DART |
CIBC, IBJ |
Dart+ Pricing, a pricing analysis application. |
www.darkuk.com |
| Dvega |
Banque Cantonale Vaudoise |
Dvega models, including barrier option pricing. |
David Clarke 44-467-497-202 |
| Fenics |
Banque Cantonale Vaudoise |
SDK, a module of the Fenics system that enables third-party model libraries to be imported. |
212-208-0800 |
| Financial Objects |
Banca Monte Dei Paschi Di Siena, Banca Popolare di Milanoa, Banca Popolare di Novara, CAER |
ActiveBank D2, a treasury system offering specialist support for international front-office trading, and ActiveBank S2, a front-to-back-office system. |
Leonie Alsop 44-171-836-3010 |
| NeoVision Hypersystems |
FlexTrader.com |
Heatmaps, a data visualization package. |
Eric Gelman 212-378-8412 |
| NetRisk |
CDC Investment Management Co. |
CrystalBox, an Internet-based reporting and analysis tool. |
Peg Esgate esgate@netrisk.com |
| NumeriX |
Natexis Banques Populaires |
ToolsXpress, TreeXpress+, SimXpress, ClibXpress and LinkXpress, a group of NumeriX Time Library modules. |
Robert Lopez 212-302-2220 |
| RiskCare |
Westdeutsche Landesbank |
High Profile Counterparty Risk Engine Project, a counterparty risk tool based on Monte Carlo simulation. |
Sally Clarke 44-171-562-3400 |
| Alliances, Mergers and Acquisitions |
| Companies |
Description |
| DART Ltd. and Finisco Management Consultants |
DART, a pricing and risk management software provider, purchased the remaining 49 percent of Finisco, an international management consultancy, bringing its shareholding to 100 percent. |
| Infinity and Synamic |
Infinity acquired One Stop Margin, a global collateral management system that automates compliance across jurisdictions. |
| IQ Financial Systems and Logica Inc. |
IQ Financial, a provider of commercial lending, global trading and risk management systems, acquired the commercial lending division of Logica, a computer consultancy, systems integrator and software provider. |
| OM Technology and ABN Amro Software |
OM Technology, a provider of securities transaction management products, acquired ABN Amro's software company, which develops trading and risk management systems for equities and derivatives. |
| Trading Technologies and Garban LLC |
Trading Technologies agreed to offer Garban, a unit of Garban-Intercapital, exclusive side-by-side electronic access to global markets with the Trading Technologies market interface. |
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