** HSBC Picks PGP
HSBC (London) selected the PGP (Palo Alto, Calif.) Universal 500 series e-mail gateway to secure its electronic messages with PGP encryption and digital signatures.
** JPMC Services Freddie JPMorgan Chase (New York) will provide Freddie Mac (McLean, Va.) with transaction processing and recordkeeping services for securities and short-term assets to help the agency reconcile transactions and close its books faster.
** Deutsche Wants SimCorp
Deutsche Bank AG Asia Pacific Head Office (Singapore) licensed New York-based SimCorp's asset management software to support Deutsche's fund administration and accounting business across Asia.
** Trust in Metavante
Memphis-based 1st Trust Bank for Savings signed a long-term agreement with Metavante Banking Solutions (Milwaukee) for fully outsourced banking technology services, including core account processing and card services.
Provident Chooses Trintech To support its compliance initiatives, Baltimore-based Provident Bank selected Trintech Group's (Dallas and Dublin) ReconNET for account verification and reconciliation, and AssureNET GL for automating GL reconciliation, review and certification processes.
** Northern Strikes Correspondent Deal
Northern Trust (Chicago) will provide correspondent services, including the Trust/Rite trust accounting system, to support the growing trust operations of First Bankers Trust Services (Quincy, Ill.) and Spinnaker Trust (Portland, Maine).
** BOK Selects NetDeposit
BOK Financial (Tulsa, Okla.) will deploy the remote deposit capture system from NetDeposit (Salt Lake City) at its six subsidiaries to expand the bank into new areas.
** Barclays Bets on Borland
Barclays Global Investors (San Francisco) selected the Borland (Cupertino, Calif.) Silk product line to manage and test business- critical brokerage applications across BGI's global enterprise .
** Banco Crédito Revamp
Banco Crédito Inversiones (Santiago, Chile) chose Trema's (London) TremaSuite to replace the bank's legacy systems and provide a single solution for all treasury and investment management across the organization.
** PNC/Ariba Relationship
PNC Financial Services (Pittsburgh) extended its relationship with Sunnyvale, Calif.-based Ariba, and will use Ariba's Sourcing solution to streamline the sourcing process, and help improve growth and operating efficiency.