State Street Corporation is due to announce this week that it has secured a coveted deal with the treasury software unit of Pennsylvania-based technology company SunGard.
Two former employees of defunct multi-bank FX tradingportal Atriax were last week hired by rival portal FXall. Keith Hill joins FXall in London as head of Europe, Middle East and Africa sales, while Michelle Bachmann-Love was made head of North America...
FXall is edging ahead in the battle for supremacy among multi-bank FX trading portals, according to a major survey of the market made public last week.
FX trading technology firm IFS has gone into receivership following an unproductive takeover of Dene International and a drop in sales of its flagship product, a spokesperson for the firm said.