* SunGard Futures Systems finalizes all the system enhancements it had to make in order to process and clear single-stock futures.
* Investment Technology Group and Hoenig Group agree to merge.
* SGX expects to open a new global-electronic-trading center by October.
* Researchsummary.com releases its Word2RIXML software.
* Nasdaq redesigns its Nasdaq.com Web site with new personalized content and features.
* The Korea Teachers Pension Fund licenses Kamakura Risk Manager market-risk software.
* The Investment Company Institute calls for minimum standards for the business-continuity capabilities of the clearing banks.
Has Bloomberg Been Overcharging You?
Bloomberg customers, in as many as 40 states, reportedly have been overcharged on sales and use taxes for information services. Some customers have already received state refunds, could your firm be eligible?
* SunGard promotes Cristobal Conde to CEO.
* Clients can send orders to Instinet Global Crossing.
* Securities and Exchange Commission schedules a meeting to determine whether the Nasdaq Stock Market has satisfied conditions for launching SuperMontage.
* Safeco Mutual Funds will implement FT Interactive Data's new Fair Value Evaluation Service.
* HyperFeed appoints Paul Pluschkell as executive vice president of strategic business development.
* SunGard Market Data Services makes its SunGard PowerPartner market data terminal accessible through ordinary broadband Internet.
* Omniva Policy Systems releases its Omniva Policy Manager Enterprise Edition for secure e-mail.
* FaceTime Communications and KVS form a strategic partnership to deliver compliance solutions for instant message communication.
* SunGard plans to launch Collateral Reconciliation tool at Sibos this fall.
* Macgregor signs an alliance agreement with Access Data Corp.
* NYLIM Retirement Plan Services and Morningstar Associates, LLC, launch a new service called Portfolio Complete.
* uMonitor, Inc launches a new service called uMAdvisor.
* ADP Brokerage Services Group acquires Power Securities Systems.
* PFPC Inc. is selected by Smith Graham Company to provide comprehensive servicing to the SmithGraham Institutional Funds.
* The launch of SuperMontage remains on hold.
* SunGard Trading and Risk Systems acquires Monis Software.
* NeoNet goes live with an electronic interface to the Milan Stock Exchange.
* Iverson releases its new Amex ETF Monitor service.
* Eurex Bonds will offer users real-time trading data and indices.
* Hong Kong Exchanges and Clearing Limited posts Exchange News on its Web site.
* SunGard acquires Monis.
* Dr. Anil Vijayan joins Principia Partners.
* FCTM implements Summit Systems' front-to-back-office trading software.
* FSBA selects the MINT Knowledge Family of products to provide business integration and automation for its portfolio-management, investment-accounting and trading systems.
* UBS Global AM implements the LongView 2000 trade-order-management system.
* Symphonis selects the CameronFIX engine for FIX trading.
* State Street Corporation will provide investment services to an additional 62 of Columbia Management Group's funds.
* ADP Brokerage Services Group announces the appointment of Charles Marchesani as senior VP of product development for its BPS group.
DR: Has Any Real Progress Been Made?
The industry did its best to recover the most horrific terrorist attack ever - to continue with business - but did so accepting a unanimous pact to learn from the lessons of that fateful day.
Catucci Named CEO of Regulatory DataCorp; Dickey Named to VP Post at CBOT; Lynch, Jones and Ryan Executive Moves Up.
Automated Financial Systems launches Investpoint; Interface Software releases InterAction 5.0.
FleetBoston, Fidelity and Berkshire Group of Companies are being charged with developing a strong technology platform that will allow them to cross sell their products and services.
Gearing Up for CLS Bank
Continuous-Linked Settlement Bank is, once again, on the horizon. Find out how to get ready for this "revolution" in foreign-exchange settlement.
The Philadelphia Stock Exchange revamps its data architecture with TimesTen database technology.
Tapping the Mass Affluent
Third parties jumping on the separate-accounts bandwagon are helping independent financial advisers serve the mass affluent with Web-based platforms.
With the anniversary of Sept. 11 fast approaching, disaster recovery is once again taking center stage in the minds of industry observers.
The Beat on the Street
Financial firms in North America spend more on IT than any other industry; While global economies suffered this past year, HNWIs were able to persevere.
* ICAP plc signs a letter of intent to acquire the majority of BrokerTec Global's trading operations.
* The Bank of Ireland selects a platform from Integral to manage all of its internal and branch network- foreign-exchange pricing.
* The Bloomberg Tradebook ECN decides to participate in the NASD's Alternative Display.
* OneChicago selects the CBOE to disseminate its market data through the CBOE Financial Network infrastructure.
* Kiodex signs a data- distribution agreement with Logical Information Machines.
* Dow Jones Newswires calculates its first two electricity indexes with hourly market data.
* Six banks face a fine of up to $10 million for not keeping e-mail messages.
* Barclays Bank selects SunGard Trading and Risk Systems' BancWare solution.
* Misys Asset Management Systems appoints Peter Miller and Peter McKenna as directors of sales and marketing.
* SimCorp launches version 3.2 of its TMS2000 investment-management system.
* Wachovia Corporation signs a long-term partnership agreement to use investment-processing technology from SEI Investments.
* Royal London Asset Management becomes the first investment-management firm to centrally match cross-border-live trades.
* Zurcher Kantonalbank selects the SeeBeyond Business Integration Suite to facilitate data transfer between the bank's internal and external systems and to streamline the processing of Swift transactions.
SIAC Launches Initiative to Address 9/11 Telecom Issues
Seeking to equip their member firms with redundant connectivity to their data centers, the NYSE and Amex have begun the rollout of a major telecom initiative. The project, dubbed SFTI, is being spearheaded by SIAC, the IT firm co-owned by the exchanges.