Technology

ICE to buy Enron’s back-office architecture

Atlanta-based commodities market-place the IntercontinentalExchange (ICE) plans to acquire the assets of CommodityLogic, a collection of back-office software and hardware, from bankrupt energy trader Enron. The purchase and sale agreement is subject to…

CLS completes first live trials

Continuous Linked Settlement (CLS), a global system designed to substantially reduce foreign exchange transaction risk by settling trades in real time, moved a step closer to implementation today with the completion of its first live trials.

ING to use Credient for credit portfolio management

The Netherlands-based ING Group has selected SunGard Trading and Risk Systems’ Credient application to support its credit portfolio management business. The application service provider-run product will provide ING with a global, integrated, real-time…

Bita Plus plots Nordic expansion

London-based Bita Plus Consultants, a portfolio analytics and optimisation software provider, has forged an exclusive distribution deal with Swedish consultancy Proventek to push its products in the Nordic region.

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