KBC Group
Different degrees
Solvency II will require a massive upgrade in insurers’ technological capability. But as the deadline for implementation looms ever closer, not all in the industry have made the same level of progress.
Thinking hard about AML software
Five years after 9/11, banks are stepping back and taking a more studied approach to anti-money laundering. Dianne See Morrison reports
The great rating debate
A conference in Paris exposed some criticism of the way the rating agencies function. Issuers and investors feel the industry suffers from a lack of competition which has harmed service levels. Sarfraz Thind reports
JP Morgan goes live on T-Zero
JP Morgan went live on T-Zero’s post-trade processing platform for credit derivatives on Monday. It is the first dealer to join the platform since Goldman Sachs initially used the technology after its trade with KBC Alternative Investment Management on…
Front Capital wins $5 billion hedge fund client
KBC Alternative Investment Management (KBC AIM), a hedge fund subsidiary of Belgium's KBC Bank and Insurance Group that manages more than $5 billion in assets, plans to implement Front Capital's Arena trading, risk management and distribution system.
Top Singapore dealers sign up for SuperDerivatives’ SD-FX
Ten financial institutions in Singapore have signed up to SD-FX, the FX options pricing system of UK-based technology company SuperDerivatives.
Four more join iBoxx as CDS index market-makers in the US
Four more banks have become credit default swaps market-makers on iBoxx CDX, a tradable index of credit default swaps on 125 investment-grade US companies. This brings the total number of licensed market-makers to 15.
IIB Bank selects SAS for Basel II credit risk compliance
Ireland-based IIB Bank, a fully owned subsidiary of KBC Bank, has licensed risk management software from North Carolina-based data management software vendor SAS to meet Basel II credit risk compliance.
KBC selects SunGard for securities processing
KBC has selected intelliMATCH from SunGard eProcess Intelligence, an operating unit of US financial services IT provider SunGard, for matching and reconciliating trades.