Latest news

Linedata Global Hedge Portfolio Manager Integrates with Electra Reconciliation

8 years 7 months ago
Asset Management, Fund Management, Investment Management

Linedata, the global solutions provider dedicated to the investment management and credit industries and Electra Information Systems (Electra), the leading provider of state-of-the-art reconciliation solutions for the asset management industry, today announced the integration of Electra Reconciliation and Linedata Global Hedge Portfolio Manager.

S&T Bank Strengthens its Team with New Appointment

8 years 7 months ago
People Moves

S&T Bank, a full-service financial institution with assets of $6.5 billion, and locations in Pennsylvania, Ohio, and New York announced the appointment of Gregory S. Lefever as executive vice president, managing director of S&T Wealth Management, effective today. In his new role, he will be responsible for overseeing S&T Wealth Management, including trust, financial services, and Stewart Capital Advisors.

Kevin LoPrimo has Joined Cowen Prime as Managing Director – Head of International Prime Brokerage

8 years 7 months ago
People Moves

Cowen Group, Inc. reported that Kevin LoPrimo has joined Cowen Prime Services (“Cowen Prime”), the prime services division of Cowen, as Managing Director – Head of International Prime Brokerage.

Shopify Brings Apple Pay to 275,000 Merchants on the Web

8 years 7 months ago
Payments

At the Apple Worldwide Developers Conference (WWDC), Apple announced that Apple Pay will come to the web this fall, and Shopify Inc.

MasterCard Boosts Local Businesses with Big Data, Digital Tools

8 years 7 months ago
Big Data, Infrastructure

MasterCard announced it is offering real-time, analytics-based market insights on revenue, market share, customer demographics and competitors to local merchants across Canada. Local Market Intelligence (LMI) offers insights on both a particular location and across multiple locations, regardless of the size of business.

Microsoft Reports Acquisition of LinkedIn for $26.2 Billion

8 years 7 months ago
M&A Deals

Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid...

NRI Unveils New ASP Multipurpose Management System for Financial Institutions

8 years 7 months ago
Infrastructure

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced the launch of VOLCS, an ASP (Application Service Provider) multipurpose management system for financial institutions. VOLCS provides two functions such as due day management for structured bonds and OTC derivatives as well as cash management, and the former is usually not available in an existing enterprise system. Each function...

SS&C Technologies Releases Global Gateway SaaS Platform at IASA Conference

8 years 7 months ago
SaaS, Infrastructure

SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, today announced SS&C Global Gateway™, its new state-of-the-art SaaS platform for web-based portfolio management, analysis and reporting. The announcement was made at the Insurance Accounting & Systems Association Annual Conference, June 13-15, San Antonio, Texas.

Infotecs Taps DPI Technology from Rohde & Schwarz

8 years 7 months ago
Security, Infrastructure

Infotecs a leading international security software and solutions provider announced today that it has selected Deep Packet Inspection (DPI) technology from Rohde & Schwarz to embed in the Infotecs Cyber Security Platform as part of its Next Generation Firewall.

dwpbank and TAS Group Cooperate to Reach Industry Leadership in Liquidity Management

8 years 7 months ago
Liquidity

Deutsche WertpapierService Bank AG, the leading securities settlement service provider for Germany’s financial market, has chosen Aquarius provided by TAS Group as its liquidity management system after a 12 months global selection procedure. dwpbank and TAS Group cooperate in order to reach three main objectives with this project:

Taiwan Business Bank Taps Wolters Kluwer’s OneSumX Regulatory Reporting Solution

8 years 7 months ago
Compliance, Infrastructure

Taiwan Business Bank’s Wuhan, China, branch has selected Wolters Kluwer’s OneSumX Regulatory Reporting solution for its increased regulatory reporting requirements. With the need for enhanced regulatory reporting to the China Banking Regulatory Commission (CBRC),Taiwan Business Bank decided to opt for a scalable solution that enables it to meet the new standards.

Equifax Encourages to Use a Second Layer of Authentication

8 years 7 months ago
Security, Authentication Technology, M&A Deals

Following the news that millions of Twitter passwords have been leaked on the dark web, John Marsden, Head of ID and Fraud at Equifax, explains the dangers the population face as technology continues to evolve at an alarming rate:

HighQ Welcomes Gregory P. Taylor as President and Chief Operating Officer

8 years 7 months ago
People Moves

HighQ, a global leader in Software as a Service collaboration and content management solutions for the security-minded enterprise, announced today that HighQ’s Board of Directors has appointed Gregory P. Taylor as President and Chief Operating Officer effective immediately.

Symantec to Acquire Blue Coat for $4.651 Billion in Cash

8 years 7 months ago
M&A Deals

Symantec and Blue Coat, Inc. report that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately $4.651 billion in cash. The transaction has been approved by the Boards of Directors of both companies and is expected to close in the third calendar quarter of 2016. Greg Clark, Chief Executive Officer of Blue Coat, will be appointed Chief Executive Officer of Symantec and join the Symantec Board...