SEC Bans Arizona-Based Investment Adviser from Securities Industry for Fraudulent Actions in Mutual Fund Collapse

Washington, D.C., Dec. 21, 2012 — The Securities and Exchange Commission today barred an Arizona-based mutual fund manager from the securities industry for failing to follow the investment objectives of a stock mutual fund managed by his firm, leading to the fund’s collapse. An SEC investigation found that the prospectus of Z Seven Fund (ZSF) [...]

Court Appoints Liquidator to Lemma Insurance Europe Ltd

The Supreme Court in Gibraltar has appointed Provisional Liquidators of Lemma Europe Insurance Company Ltd. The Financial Services Compensation Scheme (FSCS) is currently in discussions with Grant Thornton who are the Provisional Liquidators and understands that the company’s payments to policyholders have been suspended whilst the Provisional Liquidators investigate the firm’s assets and liabilities. FSCS [...]

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New Software Solution Offers Integrated Case Management to Justice Departments

State, local and federal justice organizations must track the status and progress of each of their cases, but many are doing so with outdated technology. Existing systems often don’t provide the ability to share information among the involved parties, creating inefficiencies in case management and potential public safety issues. To help these organizations manage caseloads [...]

Capgemini Launches SWIFT CRM for Oracle Fusion Customer Relationship Management

Capgemini has announced the global launch of its Oracle Fusion CRM solution – SWIFT CRM (Structured Way of Implementing Fusion Led Transformation for Customer Relationship Management). Oracle Fusion CRM is part of Oracle’s next generation Fusion Applications. Oracle Fusion CRM can be deployed on premise or in the Oracle Cloud and helps improve alignment between [...]

Chaordix and KPMG Enter into Strategic Alliance to Provide Crowdsourced Market Intelligence

Chaordix Inc., the global standard in crowdsourced market intelligence, and KPMG in the UK, the professional services firm, have formed a strategic alliance to bring an innovative managed services offering to companies in the UK. The new service, to be known as Crowd Connection, is powered by the Chaordix Crowd Intelligence™ process and technology. Brought [...]

Mountjoy Chilton Medley Joins Forces with McCauley Nicolas

Mountjoy Chilton Medley, an independent member of Baker Tilly International, and McCauley Nicolas CPAs & Advisors are merging. The combined firm will retain the Mountjoy Chilton Medley (MCM) name. The merger, effective 1 October will expand resources for existing and future clients, increase opportunities for members of both firms and strengthen MCM’s position in the [...]

Toronto Stock Exchange and TSX Venture Exchange Launch Online Training on CoursePark

Toronto Stock Exchange and TSX Venture Exchange have launched a new online training portal for issuers and other stakeholders through CoursePark, a cloud-based learning management solution developed by Bluedrop. The CoursePark platform will provide online courses for issuers looking for a flexible learning option to supplement the Exchanges’ existing in-class workshops. The courses provide training [...]

Deloitte Launches Customized Social Business Innovation Workshops

Deloitte announced the availability of its customized Social Business Innovation Workshops, which harness the power of social and mobile cloud solutions from salesforce.com to analyze a client’s own data and utilize social media monitoring tools to identify specific opportunities for social business innovation. During the all-day workshops, Deloitte will leverage Salesforce technologies, including Service Cloud, [...]

KPMG and Frasers Ink Merger Deal

KPMG and Frasers Limited are merging forces in the professional services arena in Tauranga and the Bay of Plenty. KPMG’s office managing partner Glenn Keaney sees the merger is seen as a perfect fit. “We are very complementary in many areas; people, culture, clients, and our strategy for the future,” Keaney said. Frasers boasts of [...]

OFT Launches Online Tool to Reach Out to Remote Areas

The Office of Fair Trading has launched new online resources to help internet businesses comply with the law and provide a better service to residents living in remote areas of the UK. Around half a million people in the UK live in remote areas. A recent OFT report found that while the internet offers opportunities [...]

Clearstream Strengthens German Executive Board

The Supervisory Board of Clearstream Banking AG appointed Martina Gruber and Berthold Kracke to the Clearstream Banking AG Executive Board. Clearstream provides the post-trade infrastructure for the German securities industry, offering access to a growing number of European markets. Martina Gruber will head the German central securities depository’s Sales and Relationship Management, Customer Service and [...]

Five Critical Issues No Business Can Afford to Miss – From BearingPoint

Shape up by 2020 or ship out by 2030. These are the stark options laid down by the BearingPoint Institute to businesses. As game-changing global business trends gather speed, BearingPoint has analysed the most significant five and distilled them into an action plan for leaders. Spanning, business, IT, government and finance, the study provides analysis [...]

CBIZ Acquires Specialty Property Trinity Risk Advisors

CBIZ, Inc. (NYSE: CBZ) has acquired the assets of Trinity Risk Advisors, Inc. of Atlanta, Georgia, effective September 1, 2012. Founded in 2009 by Nelson Guzman, Trinity is a specialty property and casualty brokerage firm providing primarily medical malpractice insurance to the healthcare industry and specialized insurance to the transportation industry. Trinity is expected to [...]

NYSE Liffe U.S. Expands Mini MSCI Futures Portfolio

NYSE Liffe U.S., the U.S. futures exchange of NYSE Euronext, added three new futures contracts based on MSCI global indices. The addition of mini MSCI Canada, mini MSCI Emerging Markets Latin America and mini MSCI World index futures offers customers more flexibility and control in implementing their desired exposure to key global markets; and provides [...]

Jay Hyde Joins AICPA’s Washington Office As Director of Media Relations

The American Institute of Certified Public Accountants (AICPA) has announced the appointment of Jay Hyde as director of media relations. An experienced public affairs specialist, Hyde has focused on strategic media relations during a career that has seen him advance the public policy goals of several high-profile associations in Washington, D.C. Working out of the [...]

Redundancies Made at Norfolk Capacitors Limited

Joint administrators to Norfolk Capacitors Limited have confirmed over the weekend that redundancies have been made at the the Great Yarmouth-based business, which went into administration last week. Since their appointment, the joint administrators Chris Pole and Richard Philpott from KPMG Restructuring have been trying to secure the commitment of the company’s customers to support [...]

Capgemini Positioned in Leaders’ Quadrant for Help Desk Outsourcing

Capgemini has been positioned in the leaders quadrant by Gartner Inc, in the latest “Magic Quadrant for Help Desk Outsourcing, Europe 2012″ based on its “ability to execute” and “completeness of vision.” Steve Wanklin, Senior Vice President and Head of Global Operations for Infrastructure Services at Capgemini, said: “We are delighted to be positioned in [...]

Capgemini Announces Extension of Global Alliance with Salesforce.com

Consulting firm Capgemini is expanding its alliance with leading enterprise cloud computing company salesforce.com, through a joint fast growth initiative. While Capgemini has been implementing Salesforce solutions since 2007, this agreement signals a global approach with dedicated leadership and mutual investment in a joint go-to-market strategy to drive successful customer experiences in the cloud. The [...]

Deutsche Börse New Network Operator for CEESEG

Deutsche Börse AG and CEE Stock Exchange Group (CEESEG) have recently concluded a major IT agreement. From mid-September 2012, Deutsche Börse IT will act as network operator for the largest stock exchange group in Central and Eastern Europe and provide its ExServes CEESEG FIX Connectivity solution for connecting customers to the CEESEG FIX Gateway. “We [...]