SS&C TECHNOLOGIES, INC. recently released SS&C Debt & Derivatives 2000, version 7.2, its modularized application that processes and analyzes all activities pertaining to debt and derivative portfolios. This latest version offers several new features to its clients. In particular, it contains Financial Accounting Standard Number 133 (FAS 133), which establishes accounting and reporting standards for derivative instruments. As FAS 133 must be fully incorporated by year-end, version 7.2's timely release will give customers time to test and integrate the system to ensure full compliance with the standard.
TRADEWORX'S LO-Price technology has already been implemented on several financial Web sites. This technology helps investors to submit limit orders at better-than-market prices, while ensuring that orders have desirable odds of being executed. The LO-Price technology recently went live at AB Whately's Web site, and today CNBC will go live with the technology on its Web site.
AIIM INTERNATIONAL will present full-day seminars around the U.S. in September designed to help companies learn to better-manage data and services in the world of e-commerce. Each seminar will allow end users and resellers to talk with industry experts, learn market trends and view demonstrations of helpful products for their businesses. AIIM will present in Minneapolis on Sept. 5, Detroit on Sept. 7, New York on Sept. 12, Atlanta on Sept. 14, Ft. Lauderdale on Sept. 18, Houston on Sept. 21, San Diego on Sept. 26 and Sacramento on Sept. 28. Space is limited and those interested should register online at www.aiim.org/ebusiness.
DATALINK.NET and THE GLOBAL MARKETS DIVISION OF THE CHASE MANHATTAN BANK announced a partnership that will facilitate wireless market-data distribution to Chase's Global Markets trading professionals. Datalink.net, a wireless ASP, will provide Chase with Global Market Pro, a wireless application designed for traders and financial professionals in the global capital, derivative and foreign exchange markets. Datalink.net and Chase cooperated in the development of Global Market Pro.