SS&C’s bid “represents a material premium to the TPG offer,” GlobeOp Chairman Ed Nicoll said in the statement. GlobeOp’s “independent directors intend to recommend unanimously that GlobeOp shareholders accept the offer.&
A long-standing SunGard customer, had previously deployed the solution in-house, prior to SunGard establishing a new ASP service in Switzerland last year.
CORTEX FX is a new and technologically-advanced platform, designed to provide clients with a single point of access to the full breadth of electronic foreign exchange products, tools and services.
The briefing was given by Paul Scott (Singapore-based Global Head of eFX Trading), Stefan Hamberger (Frankfurt-based Global Head of eFIC Sales) and Enrico Ferrante (London-based Global Head of FX Structuring).
Meanwhile, its Facebook friends can see highlights of the fundraising ball or send in pictures of themselves wearing wristbands, hats, T-shirts or temporary tattoos.
The awards recognize SunGard's Front Arena, a global capital markets solution that delivers electronic trading and position & risk management across multiple asset classes and business lines, and SunGard's FastVal, a solution for independent
The firm, based in Edinburgh with offices in London and New York, employs 700 and manages £58 billion in wealth on behalf of clients throughout the world.
John Wisbey, CEO of Lombard Risk, commented: "We are delighted to have won our first contract for COLLINE with this important German bank. We now have two of the very top German banks using the Clearing/CCP functionality of COLLINE."