UBS

320 results about this entity

Period: 20 Sep 2004 - 08 Feb 2024

Disgruntled UBS IT worker accused of unleashing 'logic bomb'

A US court has heard how a former IT worker for UBS allegedly unleashed a 'logic bomb' computer virus on the bank's network because he was unhappy with his bonus payment.

UBS automates settlements with Aqua Global

UBS is implementing technology from UK-based Aqua Global Solutions to automate settlement processes within its Olympic banking platform, which is supplied by ERI.

Morgan Stanley cuts research jobs as rising e-trading volumes eat into commissions

Morgan Stanley is cutting around 50-60 equity research jobs as increased use of electronic and direct access trading services by buy-side clients puts the squeeze on commissions.

Banks partner to build swaps pricing system

A group of eleven banks have signed a letter of intent to form a joint venture to establish a new price data system for the interest rate derivatives market.

UBS buys out Prediction Company

Swiss banking group UBS has acquired the stake it didn't already own in Prediction Company, a New Mexico-based developer of automated trading systems and predictive technology, for an undisclosed sum.

Barclays Capital appoints Philip Freeborn CIO

Barclays Capital has appointed UBS's Philip Freeborn as managing director and chief information officer, responsible for its technology globally. He replaces Kevin O'Reilly who has joined consultancy Deloitte.

UBS signs for Reuters mobile market data system

Swiss banking group UBS has signed up to the Reuters Wireless Delivery System (RWDS) which it will use to provide 2500 employees with news and real-time market data over their BlackBerry devices.

UBS to distribute equity research via RSS

Swiss investment bank UBS is to use Really Simple Syndication (RSS) technology to distribute equity research to its institutional clients.

UBS Investment Bank signs for Townsend Analytics direct access platform

UBS Investment Bank has licensed Chicago-based Townsend Analytics' direct access trading platform, RealTick, which it will roll out across its electronic execution and prime services divisions.

UBS cuts 30 US equities trading jobs as electronic trading escalates

Swiss investment bank UBS has axed 30 equities traders at its operations in the US in response to increased client demand for electronic trading.

Morgan Stanley, Citigroup, UBS and CSFB acquire stakes in PHLX

The Philadelphia Stock Exchange (PHLX) has confirmed that Morgan Stanley, Citigroup, UBS and Credit Suisse First Boston are acquiring a combined 25% equity stake in its business for almost $19 million.

Dell inks UBS PC supply and support deal

Swiss investment banking group UBS has signed a four year contract, reportedly worth around $50 million, with Dell for the supply and ongoing maintenance of over 30,000 customised desktop and notebooks.

UBS to open Indian back office facility

Swiss investment bank UBS is planning to set up an offshore back office processing centre in Hyderabad, India.

PHLX woos potential investors

Citigroup, Morgan Stanley, Credit Suisse First Boston and UBS Securities are each considering buying a stake in struggling options mart Philadelphia Stock Exchange (PHLX), according to a report by the Wall Street Journal.

UBS, Barings and Citi resurrect SSIFresh

Barings Asset Management, Citigroup and UBS have agreed to lead pilot trials of SSIFresh, a long-standing Isitc-backed initiative to shift the responsibility for maintaining settlement instructions from investment managers to custodians in an effort to improve straight-through processing rates.

UBS loses customer records

Investment bank UBS is investigating the disappearance of a hard disk from its Tokyo office which contains confidential customer data.

UBS teams with Linedata to deliver ASP services for hedge funds

Swiss bank UBS is teaming with French financial IT vendor Linedata Services to deliver hosted order management and execution services to hedge funds.

UBS Global Asset Management links fund administration operations with SeeBeyond

UBS Global Asset Management has deployed the SeeBeyond platform to integrate its fund administration operations located in Basel and Luxembourg with its recently established New Fund Administration Platform (NFAP).

UBS automates reconciliations with SmartStream

UBS Investment Bank has implemented SmartStream Technologies' Transaction Lifecycle Management software to automate reconciliations and exceptions processes.

UBS brings IT back in house

Swiss bank UBS is bringing the IT services it has outsourced to Perot Systems since 1996, back in house, in a move that will cost the Texas-based vendor about $50 million a year.