Thursday, September 8, 2011

ICE Announces Investment in Cetip S.A., Brazil's Leading Clearing House

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http://insurancenewsnet.com/article.aspx?id=268981&type=newswires

ATLANTA, July 14, 2011 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that it will acquire 12.4% of the shares in Cetip, S.A. (BOVESPA: CTIP3). Cetip is a publicly traded company and is Brazil's largest clearing house, as well as the leading operator of registration and custodial services for securities, fixed-income bonds and OTC derivatives.

IBM acquires Algorithmics for $387m

IBM is to acquire Algorithmics, a financial services risk management specialist, for $387m.
http://www.computerweekly.com/Articles/2011/09/01/247766/IBM-acquires-Algorithmics-for-387m-to-prepare-banks-for-tighter-risk.htm