Custody bank BNY Mellon has taken a major step forward in the complex process of moving toward a new corporate actions infrastructure by going live with a standard-based messaging solution from the Depository Trust and Clearing Corp. (DTCC). BNY Mellon went live with the new standards-based offering on July 30, marking the start of… Read More >>
OpenLink Hires Ex-President of SunGard Global Services
OpenLink Hires Ex-President of SunGard Global Services OpenLink Financial, a trading and risk management software vendor, has appointed the former president of SunGard Global Services for the Americas Doug Wendler to be executive vice president (EVP), America’s Energy, effective as of July 30, officials say. Wendler left the SunGard post last year and was a… Read More >>
Fannie Mae EVP Joins BNY Mellon as COO
Fannie Mae EVP Joins BNY Mellon as COO Investment management and services provider BNY Mellon has a new chief operations officer (COO) in Edward Watson, who was Fannie Mae’s executive vice president (EVP) for operations, technology and general services.Watson, who will be joining BNY Mellon on July 9, says in a statement his top goals… Read More >>
Is There Hope for Financial IT Spending?
Are there reasons to be mildly optimistic about spending in the financial technology sector? A recent Bloomberg-sponsored survey of IT executives at major financial services firms found that more than three quarters of them, 76%, fully intend to increase IT spending over the next 12 months. Only 17 percent said they will cut spending and… Read More >>
