CFOWeb.com Capital Markets E-Commerce Portal High-Lighted At Managed Funds Association Forum in Chicago.Business & Technology Editors CHICAGO--(BUSINESS WIRE)--July 12, 2000 Harpal Sandhu, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Integral yesterday provided the first public demonstration of CFOWeb.com, the first neutral, B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. capital markets portal during the annual Managed Funds Association (MFA See multifactor authentication. ) conference here. CFOWeb.com is actively facilitating pricing for derivatives and other instruments online. More than 700 U.S. and overseas fund managers and traders at the MFA forum, representing alternative investments such as derivatives, hedge funds and futures, had their first look at CFOWeb.com in action this afternoon. Currently, CFOWeb.com brings together more than 4,000 corporate financial professionals and fund managers with the nine major financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. providers. Banks and other financial services firms participating in the portal are: ABN Amro ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) ; AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group International; Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. ; Bank of Tokyo-Mitsubishi; BNP/Paribas; Credit Agricole Indosuez; Dresdner Kleinwort Dresdner Kleinwort (DKIB) is the investment bank of Dresdner Bank AG, part of Allianz since July 2001. Headquartered in London and Frankfurt and with an international network including offices in the financial centres of New York and Tokyo, Dresdner Kleinwort provides a wide range Benson; ING Barings; and Standard Chartered. CFOWeb.com was introduced last year and initiated 'live' trading on June 27th at a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of briefing for the press and technology analysts. Mr. Sandhu's demonstration was featured during a panel discussion on "The New Generation of Internet-based Trading and Risk Management Systems," moderated by Joe Kolman, editor and founder of Derivatives Strategy, a financial monthly. Mr. Sandhu, who also appeared recently at the FTC's two-day workshop on competitive issues in e-commerce, said today: "From the buyside perspective, platforms such as CFOWeb.com, that offer instant connectivity and access to competitive pricing in a neutral, exchange-like environment represent a dramatic step forward. Additionally, banks and other providers recognize that CFOWeb.com presents a terrific opportunity to reduce costs and to augment and expand product distribution." The MFA conference, entitled Bigger Platforms, Better Products, Bolder Paradigms, features a series of presentations on "the hottest products for the future and today's most successful electronic trading platforms for the managed funds industry." Full information on the MFA forum is available at: www.mfainfo.org About CFOWeb.com Developed by Integral, with live trading initiated on June 27th, 2000, CFOWeb.com (www.cfoweb.com) is the first independent B2B e-commerce portal actively serving the capital markets needs of corporate treasury groups and fund managers with a free, direct and neutral source of information to model and price financial trades from multiple financial services providers. CFOWeb.com's 4,000 members can also create, manage and maintain portfolios that more closely match institutional financial management needs and conduct a wide range of capital markets trades online. The CFOWeb.com portal offers direct access to latest news, market data and educational services for corporate treasurers and fund managers. CFOWeb.com also gives banks and financial services providers an immediate online presence, dramatically increased deal flow, reduced costs and expanded geographic reach. About Integral Integral Development Corp. is a leading provider of B2B e-commerce solutions for capital markets, including CFOWeb.com (www.cfoweb.com), the first e-commerce portal for capital markets. Founded in 1993, Integral is privately held and has a history of developing capital markets trading and risk management software. Investors include Accel Partners, AIG (NYSE NYSE See: New York Stock Exchange : AIG), ABN Amro (NYSE: ABN), Bain Capital, Nassau Capital and Pivotal Asset Management. Headquarters are in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. , with additional offices in New York and London. For more information, visit the Integral web site at: www.integral.com CFOWeb.com is a registered service mark of Integral Development Corp. CFOWeb.com facilitates communication and transactions between institutions but is not a party to nor does it settle any trade. Trade completion remains solely between the institutions using the CFOWeb.com portal. |
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