More Than 200 Clients Rely On Advent Portfolio Exchange

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced that more than 200 clients have licensed Advent Portfolio Exchange? (APX) since the product was launched in late 2005. APX is Advent’s next generation portfolio management solution offering a powerful platform that brings together mission-critical portfolio [...]

Mobile Venture Fund Makes Strategic Investment In Decarta

deCarta’s technology is ideal for the full continuum of mobile LBS solutions including off-board, server-based applications offered by mobile operators through to “connected navigation” — the ability to integrate personal navigation devices and smartphones through real-time two-way mobile connectivity to a variety of dynamic data sources and local search services.
In North America, location-based services have [...]

Selects Eagle Access Asp Solution

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon, today announced that Ark Asset Management Co., Inc. (Ark), a leading investment management firm in the institutional marketplace, will transition its installation of the Eagle investment management suite, which is currently managed in-house, to [...]

Deals Deal Makers 2008: Ken Lewis Tells Investment Bankers All Is Forgiven

Many people see the financial-services sector as somewhat monolithic. Not so Bank of America CEO Ken Lewis, who isn’t afraid to talk about Bank of America’s commercial-banking dominance and rub it in the face of investment banks.
In a discussion with The Wall Street Journal’s Money & Investing editor, Nik Deogun, at today’s Deals & Deal [...]

Hong Leong About To Have Investment Bank

Hong Leong Financial Group Bhd (HLFG) has obtained Finance Ministry and the Securities Commission (SC) approvals for its proposed acquisition of certain assets and liabilities of Southern Investment Bank Bhd and the entire equity interest in SBB Securities Sdn Bhd.
The development moves it closer to having an investment bank in its stable of companies, thus [...]

SunTrust Investment Services offers new retirement planning program

SunTrust Investment Services, a subsidiary of SunTrust Banks, has announced a new, coordinated multi-channel approach to retirement planning called Retirement GamePlan, which provides clients with the tools to plan for retirement.
SunTrust has developed Retirement GamePlan as a way for clients of all ages and income levels to more easily plan to reach their retirement goals [...]

For Some Speculators, Safaricoms 50 Percent Gain Was Not Good Enough

Even as Safaricom notched a stellar 50 per cent increase in its share price on the first day of trading, for some investors, it was not a good debut for the telecoms giant.
For thousands of investors, many of who had borrowed expensively for interest rates of up to 20 per cent, Safaricom represented a major [...]

Major Economic Indicators Perform Negatively In 2007-08

ISLAMABAD: All major economic indicators, Foreign Direct Investment (FDI), exports, Large Scale Manufacturing (LSM), saving and investment and tax collections witnessed negative growth in the outgoing fiscal year 2007-08.
Foreign Direct Investment: According to the State Bank of Pakistan data, the net foreign private investment during July-March 2007-08 has declined by 46.3 percent over the corresponding [...]

Coldwell Banker Commercial Trademark Properties Announces New Real Estate Advisor

Billie Redmond, CEO of Coldwell Banker Commercial TradeMark Properties has announced that Allison Mitwol has joined the firm as a real estate advisor. In this position, Mitwol will specialize in the brokerage and leasing of retail properties in the Triangle area. Mitwol completed three years of work in residential sales before transitioning to commercial leasing [...]

Commercial Property Bucks Gloomy Trend In Housing Market

The media are bombarding us with bad news stories about the residential property market.
For example, it was reported the Nationwide Building Society’s latest survey showed house prices recorded their largest monthly fall since 1991.
Prices dropped 2.5 per cent in May and are apparently now 4.4 per cent lower than a year ago, a fall of [...]