First State Investments to Acquire Coriance

• 8 years 7 months ago
• M&A Deals

First State Investments and KKR have entered into an agreement by which Coriance, a French district heating company which is currently owned by KKR’s infrastructure funds and a co-investor, will be acquired by First State Investments managed infrastructure funds. The proposed transaction is subject to customary approvals. No financial terms were disclosed.

Wirecard to Provide Credit Card Acceptance for TeamViewer

• 8 years 7 months ago
• Payments, Infrastructure

Aschheim (Munich). Wirecard, the leading payment service provider, and TeamViewer, Germany’s largest software company for remote monitoring and online meetings, are cooperateing in the field of payments: Wirecard is to provide credit card acceptance in more than 30 different countries for TeamViewer, handling payment processing and international risk management in its role as an acquirer.

Integral Releases OCX RiskNet for Banks, Retail Brokers and Investment Managers

• 8 years 7 months ago
• Trading Systems

Integral, the only provider of end-to-end electronic FX trading platforms, today announced OCX RiskNet™, a mid-point matching engine by which Integral’s customers can offset their risk safely and anonymously with other customers. OCX RiskNet has been in use with select customers for several months and is now made available to the broad FX community for all major currency pairs. It is seamlessly integrated with FX Cloud™, Integral’s market-...

DHgate and SGS Establish Strategic Cooperation

• 8 years 7 months ago
• Security

DHgate and SGS announce a Strategic Cooperation Agreement. SGS has rich experience in the product verification industry and quality control of e-commerce products. DHgate will work with SGS on improving the quality of sellers' services and products, thereby building brand image and reputation.

Qumram Strenthens its Board of Directors with New Appointments

• 8 years 7 months ago
• People Moves

 Qumram, a leading global provider of digital compliance solutions for the financial services industry, has announced two game-changing appointments to the firm’s Board of Directors, following its Annual General Meeting on June 6, 2016.

X Open Hub and PFSOFT Partner to Deliver Unique Multi-Asset Solution

• 8 years 7 months ago
• Trading Systems, Commodity Trading Solutions

X Open Hub, a multi-asset liquidity provider partners with PFSOFT, a multi-asset technology provider, in order to integrate X Open Hub's liquidity and market data into PFSOFT's Protrader brokerage solution. The new integration will include market data and execution for over 1500 global instruments divided among FX, Indices, Commodities, Shares and ETFs.

Morningstar Report Shows that Investors Still Face Challenges in Using Mutual Funds

• 8 years 7 months ago
• Transaction Banking, Fund Management, Investment Management

Morningstar, Inc, a provider of independent investment research, published its annual study of investor returns, which measure how the average investor fared in a fund. Morningstar Investor Return is a dollar-weighted return that incorporates the effect of cash inflows and outflows from purchases and sales as well as the increase in a fund's assets.

Go with Apple Pay Innovate Payments in Auto Insurance

• 8 years 7 months ago
• Payments, Insurance

Crestone Benefits from Avaloq Banking Suite

• 8 years 7 months ago
• Banking, Infrastructure

Crestone, which was established by client advisers, senior management and employees of UBS Wealth Management Australia Ltd, has opened its doors this week with the newly implemented Avaloq Banking Suite.

Hoist Finance Acquires Its First Portfolio in Spain

• 8 years 7 months ago
• M&A Deals

Hoist Finance AB acquired a well-diversified portfolio of non-performing banking claims originated by four regional Spanish banks. The portfolio is made up of approximately 115,000 loans, of which 86,000 are consumer unsecured loans and 29,000 are loans to small and medium-sized enterprises (“SME loans”). The total investment amounts to just over EUR 22 million. The Estimated Remaining Collections ("ERC") amounts to approximately EUR 48 million...

Corvil Assits Exane BNP Paribas in Electronic Trading

• 8 years 7 months ago
• Trading Systems, Online Trading, Infrastructure

-  Corvil, the leading analytics company for financial markets, today announced that Exane BNP Paribas, a European broker dealer, is using the Corvil platform to assure the strength and performance of its electronic trading businesses and to support compliance wi

Profile Software Enhances FMS.next Core Banking Platform

• 8 years 7 months ago
• Core Banking, Infrastructure

Profile Software, an international financial solutions provider, announced today the release of its enhanced FMS.next Core Banking platform that incorporates a wealth of new functionality for Collections, Debt Management, Loan Origination and Management as well as Alternative finance for Digital Banks.

Misys Recognised in 2016 Celent Model Bank Program

• 8 years 7 months ago
• Banking, Infrastructure

Misys has been recognised for its work with Habib Bank Limited (HBL) in the cash management and trade finance category of the 2016 Celent Model Bank program. The accolade celebrates the bank’s technology transformation which has unified cash management, trade services and supply chain finance onto a single, integrated digital platform.

 BREXIT and its Impact on Non-EU Hedge Funds

• 8 years 7 months ago
• Fund Management

The implications of a potential BREXIT for non-EU hedge fund managers are hard to fathom. At present, public opinion polls appear to be neck and neck although fund managers seem confident BREXIT is unlikely to occur. A survey by Aviva Investors in February 2016 found 20% of equity fund managers and not a single bond fund manager thought BREXIT would happen. Whether this is misplaced optimism will be revealed on 23rd June but hedge funds globally...

KEYMILE Launches New Encryption Card SECU1

• 8 years 7 months ago
• Security, Infrastructure

KEYMILE security solution raises the bar in simultaneous delivery of ultimate data encryption and system security while guaranteeing strict critical communication high-availability and precise timing needs