James Baumgartner has been appointed president and CEO of Moneris Solutions Corporation; Sally Larson Sargent named senior VP of the Personal Trust Group for Harris Trust and Savings Bank; Ghislaine Austin becomes chief investment officer and managing director for a wealth management division of First Investment Advisors; Jim beams to head new Custom Research division of Meridien Research; Richard J. Bell leaves TowerGroup.
Deutsche Bank enters custody service alliance with Bank of China; Dresdner Kleinwort Wasserstein installs new server from Financial Fusion; ABN AMRO taps Bridge Information Services technology to provide real-time financial data at its branches; Overseas Union Bank pilots CCEWeb's GlobalTrade Secure Payment and Trade Management system.
J.P. Morgan Chase installs INEA enterprise analytic software; Bank of Montreal goes live with Oracle's online procurement service; Federal Home Bank of New York uses Principia Partners tools to meet FAS 133 derivatives standards; Crescent State Bank taps transaction-based finance management software from eRevenue; Fifth Third Bank selects a VASCO and Blockade Systems security package to control remote access.
When Pittsburgh-based Mellon Financial wanted to improve its project management techniques, it was only natural that it embrace the software
development framework of its crosstown neighbor, Carnegie-Mellon University (CMU).
David Golden and Julie Richardson to co-head J.P. Morgan Chase investment banking division; The Risk Management Association names Maurice Hartigan president and CEO; Natalie Taaffe appointed senior vice president at Bridge Bank of Silicon Valley; Colonial Bancgroup promotes Sally Hudson to director of information technology.
ABN AMRO selects CRM package from Data Distilleries; OVAG to install Summit Systems back office operations software; Royal Bank of Scotland to use Chordiant CRM platform; HPC Group taps RadianzNet extranet to distribute new trading platform to banks; Commercial Bank of Zimbabwe installs MKI eBanking solution.
Bank of New York partners to form Encompys, a company that will market an STP solution to asset managers; Mosaic Software helps E*Trade Bank move toward bank-brokerage funds at ATMs; Bank of America selects a global trade finance platform from S1; PNC Treasury management to add payment products from Politzer & HANEY; CIBC installs Financial Models' Windows 2000 server platform at its branches
NACHA announced new task force to explore the future of ACH payments; BITS released guidelines for consumers interested in aggregation services; The Risk Management Association announced speaker lineup for its upcoming conference on Capital Management.