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Asset Management

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* BPC announces the appointment of Swedish consultancy and services group Proventek as the exclusive distributor for BPC products in the Nordic region. * DrKW selects CameronFIX for trading on the Euronext exchange. * PFPC Inc. extends its 12-year relationship with Seligman Data Corp.

BITA Plus Consultants (BPC), a provider of risk-management and portfolio-optimization software, announced the appointment of Swedish consultancy and services group Proventek as the exclusive distributor for BPC products in the Nordic region. Proventek will assume responsibility for sales and marketing for the full range of BPC products and provide implementation, training and local support. BPC's family of products currently serves clients in Europe and the U.S., including pension-fund managers, quant analysts, portfolio traders and hedge-fund managers.

Cameron Systems announced investment bank Dresdner Kleinwort Wasserstein (DrKW) has selected CameronFIX for trading on the Euronext exchange. Cameron Systems' flagship product and FIX engine, CameronFIX, is currently in production at DrKW. Euronext, the pan-European exchange, utilizes a 'non-pure' implementation of the FIX protocol and therefore requires an adapter that sits between the FIX engine and Euronext, to facilitate STP.

PFPC Inc., the nation's largest full-service mutual-fund-transfer agent and second largest provider of mutual-fund accounting and administrative services, announced that it has extended its 12-year relationship with Seligman Data Corp., the shareholder services agent for the Seligman Group of Funds, one of the oldest fund families in the United States.

Financial Models Company Inc., a provider of technology solutions and services to the investment world, has announced that the U.K. fund-management arm of Lombard Odier, a leading Swiss private bank and asset manager, has elected to implement the beta release of FMC's fixed-income-attribution (FIA) system. The FIA system is the newest module for FMC's widely used FMCSylvana performance and attribution system.

Sanchez Computer Associates Inc., a provider of banking and financial-technology software and services solutions announced it has completed the acquisition of Spectra Securities Software Inc., of Toronto, Canada, a provider of comprehensive wealth-management solutions. According to terms, Sanchez paid approximately $24.4 million in cash, and approximately 585,000 shares of common stock to acquire all shares of Spectra.

EquiLend Reaches Milestone
The global securities lending platform EquiLend LLC announced on July 8 it processed 3,600 transactions worth $2.2 billion and has exceeded the $11 billion mark since it launched two weeks ago. Further numbers indicate that daily postings of securities available to borrow exceed $1 trillion. EquiLend LLC is comprised of ten financial institutions that joined together last year to provide a single source securities electronic platform for end-to-end processing. Borrowers and lenders can use this hub to ensure secure transactions through the platform's XML standard Securities Lending Markup Language. This standard will be publicly released on the company's website based on the site's regulatory approval.

Placemark Investments Names Mazzarella to Board of Directors
Placemark Investments, an investment management solutions company, recently appointed Robert P. Mazzarella, a 30-year veteran of the securities industry, to their board of directors. Prior to joining Placemark, Mazzarella worked at Fidelity Investments for 18 years and was president of Fidelity Brokerage Services LLC since 1999. He has previously served on the boards of several stock exchanges including the Cincinnati and Boston Stock Exchanges, as was also a member of the New York Stock Exchange. He also has held the position of president of National Financial Correspondent Services before moving to Fidelity Investments.

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