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Asset Management

10:53 AM
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* SWIFT purchases its FIX Simulator for testing the SWIFTNet-FIX-pilot service. * HedgeWorld Markets USA, Inc. announce the availability of its HedgeWorld Markets hedge-fund marketplace. * netDecide Corporation announces the latest release of its software.

Apt Computer Systems Limited, a provider of FIX (Financial Information eXchange) engines and connectivity-software tools for the financial world, announces that SWIFT has purchased its FIX Simulator for testing the SWIFTNet-FIX-pilot service. For the past three months SWIFT has been running its SWIFTNet-FIX pilot using Apt's FIX Simulator as part of the testing for its hub. The agreement to use Apt for the pilot was negotiated and signed earlier this summer.

HedgeWorld Markets USA, Inc. announced the availability of its HedgeWorld Markets hedge-fund marketplace https://markets.hedgeworld.com to U.S.-based accredited investors, qualified institutions and advisers. HedgeWorld Markets is a global, no-transaction-fee marketplace that enables approved members to research, invest in, and monitor, single and multi-manager hedge funds through a secure password-protected Web-enabled marketplace assisted by an offline-investor-services team of hedge-fund professionals and registered representatives.

netDecide Corporation, a developer of Web-based wealth-management systems for the financial-services industry, announced the latest release of its software. Unveiled at the Wall Street & Technology Wealth Management Technology Conference in New York, the netDecide Wealth Management System v 2.0 now includes tools that provide banks, brokerage firms and insurance companies with a high level of customization and control over report presentation and system administration, ROI tracking and data-mining capabilities, and enhanced investment analytics.

Eagle Investment Systems Corp., a provider of Web-based and global-investment-management solutions, announced it would host its first annual International Symposium for informing its European clients about new technology developments and current industry initiatives. The event is scheduled to take place on Thursday, Sept. 26, 2002, and will be held at the Sun Microsystems Conference Centre in London.

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