Shell Australia Superannuation Fund has moved the custody of its $600 million superannuation fund to JPMorgan Investor Services following a detailed and highly competitive tender. The fund had previously been serviced by Commonwealth Custodian Services. Also, Host Super, the 90,000 member hospitality and tourism industry superannuation fund, has appointed JPMorgan Investor Services as the first custodian to its $340 million fund.
Random Walk Computing, Inc. announced the selection of Volante Designer from Volante Technologies, Inc., as the basis for its Swift MT103 migration solution that will help firms make the November 2003 deadline. The migration package supports all new Swift validations and error codes. The solution provides message recognition and deconstruction, internal routing, integration with back-end applications, and deployment on any infrastructure of the client's choice.
HelioGraph, a provider of financial messaging, was awarded the SwiftReady Gold Financial EAI label for its Helio Message Broker solution. HelioGraph has now received this endorsement for four consecutive years. MessageBroker, the companies messaging workflow system and solution that received the label, is now available on three operating systems: NT, AIX and Solaris.