Tech briefs

Wachovia takes AC Plus

US bank Wachovia is implementing vendor Asset Control’s data management technology, AC Plus, at its corporate investment banking division.

AC Plus will manage price data used to support risk management operations at the division. It will amass and manage snapshot, end-of-day and time-series pricing information for FX, interest rates, credit spreads, equities and commodities.

The system will go live in the first quarter of Q1 2005.

GFI announces pricing of its IPO

GFI

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