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Coexis Brings in Former ADP Wilco President Staines for U.S. Operations

Coexis has hired Roy Staines as managing director of its U.S. Operations. Staines was previously at ADP Brokerage Service Group, where he was managing director, responsible for strategic accounts and before that was president of ADP-Wilco.

Cicada Hires Mahoney, Promotes Schachne, Moves Bennett

Carole Mahoney has joined the sales team of data management technology firm Cicada in London. Mahoney joins from Soliton, where she was director of UK sales. Prior to that, she was with Reuters for 12 years in various sales marketing and product management roles. At Cicada, Mahoney will become vice president of European Sales reporting…

Kirby to Leave SmartStream Technologies at Month-End

Anthony Kirby will be leaving SmartStream Technologies at the end of this month to pursue other opportunities. Kirby joined a year ago as director of market management at SmartStream, reporting to chief executive officer Martin Brown. Prior to that Kirby worked at Deutsche Borse, Reuters, Swift, the former GSTPA, and Merrill Lynch. Kirby is also…

Automatic instrument opening from Avaloq for Bank Sarasin & Co.

The data management platform of AIM Software, the GAIN DataDesktop, was the key for Swiss private bankers Bank Sarasin & Co. to enable the automation of opening instruments directly in their Avaloq banking application, writes AIM Software.Bank Sarasin & Co., a Basel-based private bank with a strong international focus, has been using the data management…

Vitria Upgrades BusinessWare Platform

California-based Vitria has upgraded its Vitria:BusinessWare 4.3 data management platform. The company has added new facilities in XML processing, trading partner integration, web services and business process management. The upgrade also features new modeling tools for handling exceptions and facilitating straight through processing.

… While Asset Control Adds CB.Net SSIs; S&P Ratings

Asset Control has added new content sets in deals with CB.Net and Standard & Poors. It follows Omicronn and ACE (Reference Data Review, November 2004) in integrating CB.Net’s BankSearchPlus international payments directory into its AC Plus data management system. Ken Payne, director of sales and marketing at Asset Control, says, “Our customers have expressed strong…

Citadel Investment Group Implements Asset Control’s AC Plus…

Asset Control’s data management solution AC Plus has been implemented at Citadel Investment Group. The Chicago-based alternative investments firm considered a range of vendors including Cicada, Factset, Mercator, SunGard Data Management Systems, and Soliton. The deployment includes significant new enhancements co-developed by the two firms. These include an extension and streamlining of the data model…

SunGard Hires Aloni to Head Data Management Technology

SunGard Data Management Solutions has named Ariel Aloni to lead design and direction of its technology strategy. Aloni was previously chief architect at Electronic Broking Services (EBS), an electronic interdealer broker in the foreign exchange marketplace. Before joining EBS, Aloni was director of data messaging at Merrill Lynch.

DTCC Aims to Automate Corporate Actions Liability Notifications

The U.S. Depository Trust & Clearing Corporation (DTCC) has launched a pilot programme with 20 broker/dealers and custodian banks for a new web-based system that automates the creation, delivery and tracking of corporate actions liability notices. The snappily titled Smart/Track for Corporate Actions Liability Notification Service will be in a pilot phase until the end…

Rivero Departs from London Stock Exchange

Roberto Rivero has left the London Stock Exchange where he was responsible for new initiatives, most noteworthy of which was the exchange’s acquisition of Proquote, the exchange’s stockbrokerage information systems unit. Rivero was previously at Royalblue and before that Primark.