DnB Takes ACT's Unity, Quasar For Straight Through Processing
PORTFOLIO MANAGEMENT
Den norske Bank (DnB) is installing ACT Financial Systems' Unity Front Office portfolio management and Quasar investment accounting packages at a number of its investment management groups, with some £3.5 billion ($5.8 billion) in assets under management. The £1.9 million ($3.1 million) deal represents the first in Scandinavia for ACT's Unity and Quasar systems.
The 70-user system will be implemented at DnB Asset Management Division, DnB Investor (Funds Management) and Vital Forsikring, DnB's
Waters Wavelength
Episode 125: Bitcoin, Ether Aren't Securities (Maybe); Privacy Issues and the Law
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.
Subscribe to Weekly Wrap emails
Back to Top