Mitsubishi UFJ Trust & Banking Corp. has implemented SunGard’s global lending offering, Global One, and the vendor’s corporate actions processing system, XSP, in a managed services environment that “removes the burden for hosting and managing hardware, software and telecommunications infrastructure requirements,” say bank officials. “Running our operations using Global One and XSP within SunGard’s managed… Read More >>
SunGard XSP CTO Takes on Group Role
SunGard XSP’s chief technology officer (CTO) Daniel Retzer has been promoted to the post of CTO for North American Securities, an internal grouping of key SunGard Financial Services products, confirm SunGard officials. Retzer, who has been with the corporate actions processing vendor XSP for more than a decade, will retain his post there, he says…. Read More >>
Case Study: A Broker-Dealer’s Second Leap into the Leading Edge
Building upon its success with cloud-based corporate actions processing, broker-dealer Industrial and Commercial Bank of China Financial Services (ICBC) is taking another a leading-edge leap by joining the DTCC’s pilot project to transform corporate actions instruction via the ISO 20022 standard. In 2012, ICBC embraced automation by leapfrogging from manual systems to a cloud-based corporate… Read More >>
DTCC’s Bodson is Omgeo’s Chairman as Clearstream’s CIO/CTO Exits
DTCC’s Bodson to Serve as Omgeo’s Chairman Post-trade solutions provider Omgeo has a new chairman in Michael Bodson, president and CEO of the DTCC, which earlier this month completed its acquisition of Omgeo. Bodson, who joins Omgeo’s board of managers, will take on the role from Andrew Gray, managing director of Core Business Management at… Read More >>
SVP Takes Over at Fidelity ActionsXchange as Advent Sales Exec Joins DealVector
SVP Advances to Head of Fidelity ActionsXchange Will Dolan has moved from his post as senior vice president, brokerage products for Fidelity Institutional, to head Fidelity ActionsXchange, which offers solutions for global corporate actions and related market events, officials say. Fidelity Institutional is the clearing, custody and investment management products division of Fidelity Investments. Since… Read More >>
XSP Builds App for DTCC’s New Messages as CFTC Suffers Big Data Nightmare
XSP Readies App for DTCC’s Reengineered Services Corporate actions processing provider XSP is working on “another product purely focused on the capture and display of ISO 20022 messages from the DTCC,” says Daniel E. Retzer, chief technology officer (CTO), managing director for SunGard’s XSP.The product, likely to come later this year, is intended to help… Read More >>