Avelacom Enters Into Strategic Partnership with Dubai Gold & Commodity Exchange
- 8 years 4 months ago
- Trading Systems
The partnership expands options for financial services industry to speed up their trading and identify new arbitrage trading opportunities across key financial and commodity derivatives markets. Avelacom will provide DGCX members with added connectivity choices and infrastructure solutions. The architecture of Avelecom will, include additional bandwidth with exceptionally low latency, high frequency trading hosting services and co-location in...
Earthport Partners with DBS Bank
- 8 years 4 months ago
- Payments, Infrastructure
Earthport, the leading payment network for cross-border transactions, is pleased to announce that it has partnered with DBS, a leading Asian bank, to provide cross-border payment capabilities across select markets. Serving more than six million customers, DBS is a major Singaporean financial services group that has a strong presence in South East Asia, Greater China and South Asia, making it well positioned to capture opportunities across the...
Elixium the New All-to-all Electronic Collateral and Secured Deposit Marketplace Goes Live
- 8 years 4 months ago
- Trading Systems
Elixium, a regulated Multilateral Trading Facility (MTF) for collateral and secured deposits, announces the execution of its first collateral financing transaction between buy-side collateral and liquidity providers. Citibank, as cash management agent, executed on behalf of CME Clearing Europe, while Insight Investment executed on behalf of a UK Pension Fund. The trade took place on Thursday 6 October.
Apex Clearing Unveils Prime Brokerage Platform
- 8 years 4 months ago
- Trading Systems
Apex Clearing Corporation, an independent, full-service clearing firm that has become the custodian of choice for digital advisors, announced today that it has launched its Apex Prime brokerage offering for hedge funds with up to $200 million in assets under
Atos Secures Contract with Aegon to Deliver its Protection Business Processes
- 8 years 4 months ago
- Security
Industry leading digital services company, Atos UK&I, today announced it has secured a thirteen year contract with life and pensions provider Aegon to deliver its protection business processes. The company also unveiled plans to significantly grow its Business Process Services (BPS) financial services sector business line in the UK&I.
Apriva Completes EMV Certification of Ingenico Group Terminals to TSYS
- 8 years 4 months ago
- Transaction Banking, Payments
Apriva, the leading provider of secure end-to-end wireless transaction processing solutions, today announced it has completed EMV certification with TSYS® Acquiring Solutions for Ingenico Group’s Telium2 smart terminals connecting through the Apriva Gateway.
LB Group Deploys Sapiens' General Insurance Software Suite
- 8 years 4 months ago
- Insurance
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that LB Group, a member-owned insurance company based in Denmark with approximately 950,000 policies and more than 375,000 members, has selected the Sapiens IDIT Insurance Suite as the company's new core insurance system for its general lines of business. The...
Exegy Expands Sales Team With FX Veteran
- 8 years 4 months ago
- People Moves
Exegy, a leading provider of managed services and technology for low-latency market data, announced today the addition of Scott Wilson to its team of senior account managers. Mr.
Mahindra Comviva and Aite Group Predict Digital Wallets to Rule Mobile Commerce
- 8 years 4 months ago
- Infrastructure
Mahindra Comviva, the global leader in providing mobility solutions, in collaboration with Aite Group, has released a whitepaper tracing the growth and uptake of digital wallet services across mobile and e-commerce sector. The whitepaper encapsulates the contribution of digital wallets in growth of commerce and elaborates on the evolution of mobile wallets.
TBC Bank Deploys FICO® Originations Manager
- 8 years 4 months ago
- Management, Infrastructure
TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down from a day to 15 minutes.
Gresham Completes Acquisition of C24 Technologies
- 8 years 4 months ago
- M&A Deals
Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity software, has announced that it has completed the acquisition of C24 Technologies, a specialist in standards-based financial messaging and integration solutions.
MiFID II Forcing Buyside Firms to Work Harder to Protect their End-investors
- 8 years 4 months ago
- Trading Systems, Compliance
A new report from GreySpark Partners, a leading global capital markets consulting firm, emphasises the importance of investment firms making changes to comply with MiFID II as soon as possible.
Just Eat Invests £3.5M in Flypay
- 8 years 4 months ago
- Investment
Flypay, the market leader in innovative, state-of-the-art technology for the hospitality industry has secured a £3.5M investment from Just Eat, the leading marketplace for online food delivery. This latest investment follows the £7M Series A funding the business secured from Time Out in July 2015. Just Eat also joins Flypay as the latest partner on its new Flyt platform. The investment and strategic partnership with Flypay will enable the...
FXecosystem Expands in Asia with Regional Headquarters in Singapore
- 8 years 4 months ago
- Infrastructure
FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, announces expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix SG1 Singapore data centre.
Graycliff Partners Invests in Dedoes Industries
- 8 years 4 months ago
- Investment
Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, today announced it has provided subordinated debt and equity financing to Dedoes Industries, a global leader in equipment for the automotive refinish market. Graycliff’s investment supported the acquisition of the business by Ashland Capital Partners, a Chicago based private investment firm.
