Bond trading restarts on Xetra electronic trading platform

Bond trading restarted on Deutsche Börse’s Xetra electronic trading platform yesterday after the Higher Regional Court of Frankfurt lifted an interim injunction that had been imposed at the start of the year. Deutsche Börse introduced the specialist model trading around 700 bonds on Xetra on 1 December 2009, seeking to combine the advantages of fully […]

Appointments Roundup: Level Four, DST, SunGard, Celoxica, Capco, SocGen

Level Four, a provider of automated ATM software testing solutions, is adding three new people to its international team as it seeks to expand. The most senior hire is Wendy Rusk, who joins as president of the Americas, after leading the implementation of the cash automation division at Unisys Payment Systems. She has also held […]

RBS’s SEPA compliant and validated payments

RBS is introducing a range of global payment validation and data conversion services to the bank’s corporate customers, which will enable Single Euro Payments Area and other cross-border international payments anywhere in the world, to be made more quickly and accurately. Based upon Experian’s Bank Wizard software the new offering means RBS corporate customers can […]

Retail bank customers at Santander UK offered free security tool

Santander’s UK retail banking operation is offering all its customers Trusteer’s Rapport web browser security device free of charge in order to protect them against online fraud. The tool, which can be downloaded from Santander’s website, was originally rolled out to Alliance+Leicester’s online banking customers, but is now being extended to customers of what was […]

Liquidnet and Instinet announce global liquidity sourcing agreement

Liquidnet and Instinet have entered a global liquidity sourcing agreement. From now on Liquidnet’s members can access the buy side-only network through Instinet’s Newport 3 execution management system, broadening access to the trading platform. Globally, Liquidnet already provides access to 36 equities markets around the world, plus London and Luxembourg listed Global Depository Receipts. It […]

Borsa Italiana extends agreement for Cinnober’s market data solution

Borsa Italiana, part of the London Stock Exchange Group, is extending the licensing and support agreement it has with Cinnober for the real-time market data system DDM Plus for another year. The system will eventually be replaced by the new comprehensive LSEG IT platform currently under development by MillenniumIT, but until the migration to this […]

Open application development and operating platform launched by Ixaris

The Ixaris Opn (pronounced ‘open’) application development and operating platform offers smaller financial institutions the means to offer payment services, such as niche P2P or trade finance solutions, via a publicly-accessible online platform. The vendor says Ixaris Opn can manage all facets of the payments lifecycle, including fraud and compliance oversight. The development community can […]

Payments Council reference guidelines unveiled

The Payments Council has published best practice guidelines for billers, payment processors, vendors, banks and building societies to try to improve the efficiency of UK electronic bill payments, whether initiated online or over the phone. The aim of the recommendations is to get users to always include accurate payment reference information to reduce processing difficulties […]

Monitise and DeviceFidelity link up to spread mobile payments

Monitise is partnering with DeviceFidelity, combining its Mobile Money Manager user interface, which is used by Lloyds Banking Group, RBS and other retail banks, with the latter’s In2Pay technology, to enable contactless mobile payments to be made on Visa’s payWave terminals. DeviceFidelity’s In2Pay microSD removable flash memory chip can be installed in the memory card […]

Close Asset Management joins EMX funds messaging platform

The EMX Message System, operated by Euroclear UK & Ireland, has signed up Close Asset Management as the latest fund manager to join its automated funds dealing system. The electronic messaging solution automates the purchase, sale, valuation, reconciliation, registration and settlement of unitised funds, and last year handled over 30 million messages. It now has […]