Latest Banking News
Al Ansari Exchange Joins SWIFT Community
Al Ansari Exchange, a provider of worldwide remittance and foreign exchange services, has recently acquired membership to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a cooperative organisation that provides standardised and secure financial messaging services to financial institutions worldwide.
Published: 10-Mar-2010
Idaho Bancorp Enters Into Agreement With State, Federal Reserve
Idaho Bancorp, the parent company of Idaho Banking, has entered into a written agreement with the Federal Reserve Bank of San Francisco and the Idaho Department of Finance to establish joint procedures and actions to address credit risk management and capital needs for the bank
Published: 10-Mar-2010
Union Bank Selects OpenPages Risk Management Software
Union Bank, a subsidiary of San Francisco-based UnionBanCal, has selected OpenPages Operational Risk Management (ORM) software from OpenPages, a global provider of integrated risk management solutions, to build an enterprise-wide operational risk management framework.
Published: 09-Mar-2010
Deutsche Borse Selects Red Hat For Improved Risk Management Functionalities
Red Hat, a provider of open source solutions, said that Deutsche Borse Systems, the IT division of Deutsche Borse, is implementing its Enterprise MRG with the open Advanced Message Queuing Protocol (AMQP) standard and Enterprise Linux, to enable realtime transaction risk management for its financial services clients.
Published: 04-Mar-2010
DST Global Solutions Launches New Risk Consulting Services
DST Global Solutions’ Investment Management Solutions (IMS) business has launched a new range of risk consulting services to address various aspects of companies’ risk management challenges.
Published: 04-Mar-2010
EBRD Deploys Counterparty Credit Risk Solution From QuIC Financial
European Bank for Reconstruction and Development (EBRD) has deployed Counterparty Credit Risk Solution from QuIC Financial Technologies, a provider of risk management, pricing and financial analytics, to measure its credit exposure across banking and treasury products.
Published: 02-Mar-2010
Radian Appoints New EVP, COO Of Radian Guaranty
Radian Group has appointed Robert Griffith as new executive vice president (EVP) and chief operating officer (COO) for Radian Guaranty, its principal mortgage insurance subsidiary, to lead the operations, loss management and information technology functions.
Published: 02-Mar-2010
MSCI To Acquire RiskMetrics
MSCI, a global provider of investment decision support tools and RiskMetrics Group, a provider of risk management and corporate governance products and services to the global financial community, have entered into a definitive merger agreement whereby MSCI will acquire RiskMetrics in a cash transaction valued at approximately $1.55bn.
Published: 01-Mar-2010
Numerix To Provide Risk Management Service For Hana Daetoo Securities
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has signed Hana Daetoo Securities, the investment banking arm of the South Korea-based Hana Financial Group, as its direct Korean customer.
Published: 01-Mar-2010
Mitsubishi Selects Brady's Trading, Risk Technology
Mitsubishi Corp has agreed to extend the use of Brady's trading and risk technology to now include all of the corporation's global trading of both physical and derivative precious metals.
Published: 26-Feb-2010
