Institutional Banks Struggle with Cross-Jurisdictional Regulatory Compliance and Entity Data Management
- 9 years 3 months ago
- Compliance, Data Management
Fenergo, the leading provider of Client Lifecycle Management solutions for institutional banks, has today published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions.
ICO orders Welsh council to improve on data protection
- 9 years 3 months ago
- Data Protection
The ICO has ordered Anglesey County Council to improve its data protection practices after it repeatedly failed to address security and privacy issues. Two separate security incidents as far back as 2011 led to the council signing undertakings to make changes and improve practices. But despite committing to the improvements, audit visits in July 2013 and October 2014 still found unresolved problems with the security of personal data. Anne Jones...
Tuxedo Strengthens Team with New Appointment
- 9 years 3 months ago
- People Moves
Leading payment technology and prepaid card provider, Tuxedo Money Solutions, has appointed Leanne Meech as Client Relationship Manager for its clients in the consumer payments sector. Leanne joins the company with nine years’ experience working within the payments sector. She previously worked for leading financial provider MBNA as a relationship manager where she worked closely with American Airlines, Etihad and United Airlines, developing...
Spanish Post Office ‘Correos’ Partners with Prepaid Financial Services to Launch “CORREOS Prepago” Prepaid Card
- 9 years 3 months ago
- Payments
Correos, the postal industry leader in Spain, has partnered with Prepaid Financial Services (PFS), a leading European issuer and programme manager of physical and virtual prepaid card products, to launch the contactless Correos Prepago MasterCard® card in Spain. As part of the partnership, PFS provides the complete prepaid solution including BIN sponsorship, programme management, end-to-end technology solution and customer service support.
Sequel partners with everis to further international growth
- 9 years 3 months ago
- Infrastructure
Sequel Business Solutions, the leading insurance and reinsurance software specialist, today announced that it has entered into a partnership with everis, the multinational consulting firm, to help extend its global reach. As part of the agreement, everis will provide Sequel with local client support, as well as configuration and implementation services, internationally.
Levante Capital selects Orc to support growth in energy markets
- 9 years 3 months ago
Orc, a global leader in trading technology, today announced that Levante Capital has selected Orc for connectivity to Nasdaq Futures, Inc. (NFX), a derivatives exchange for energy and power contracts. Levante Capital is a proprietary trading group active in energy derivatives, including crude oil and natural gas. Leveraging Orc’s Trading Bricks solution for market making, Levante is expanding their Orc connectivity to realize new...
Intertek wins third party technical inspection contract from South Oil Company (SOC) to increase quality across their value chain
- 9 years 3 months ago
- Infrastructure
Intertek, a leading quality solutions provider to industries worldwide, has won a third party inspection procurement contract for the South Oil Company in Iraq, a national Iraqi company responsible for all the oil and gas projects in southern Iraq. The multi-year agreement was recently signed. It is the first time SOC has appointed a third party inspection company to help ensure the quality and safety of all their projects, which are contracted...
Novatel Wireless Completes Acquisition of DigiCore
- 9 years 3 months ago
- M&A Deals
Novatel Wireless (NASDAQ:MIFI) (the "Company"), a leading provider of solutions for the Internet of Things (IoT) and inventor of MiFi® technology, today announced that it has completed the acquisition of DigiCore Holdings Limited, a leading provider of advanced machine-to-machine communication and telematics solutions marketed globally under the Ctrack® brand, based inSouth Africa. Details of the acquisition were first announced on June 18,...
Linedata reinforces portfolio management tools to prepare clients for growth
- 9 years 3 months ago
- Infrastructure
Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, announced today the latest version of Linedata Longview for Asset Managers, which offers an integrated approach to portfolio management, trading and compliance. This release provides substantial enhancements to streamline the workflows for portfolio managers and improve their operational efficiencies.
Goldman Sachs, JPMorgan Chase, Morgan Stanley Join with SmartStream to Create New Reference Data Utility
- 9 years 3 months ago
- Infrastructure
Goldman Sachs, JPMorgan Chase and Morgan Stanley today announced they have joined with SmartStream to create a newReference Data Utility. The SmartStream Reference Data Utility, informally known as Securities Product Reference Data (SPReD), will provide services for instrument reference data normalization and validation across all asset classes. The founding banks will also become clients of the utility.
Ripple Adds Santander InnoVentures Fund as Series A Investor
- 9 years 3 months ago
- Investment
Ripple, provider of global financial settlement technology (formerly known as Ripple Labs), today announced that Santander InnoVentures – Santander Group’s $100 million fintech venture capital fund - has joined its
Bonitasoft Named InfoWorld’s Bossie Award Winner for Best Open Source Application for Fourth Consecutive Year
- 9 years 3 months ago
- BPM
Bonitasoft, the fastest-growing provider of business process management (BPM) solutions, today announced that it has been named amongst
Maybank to focus on transaction banking, corporate lending and treasury services in Myanmar
- 9 years 3 months ago
- Transaction Banking
Malayan Banking Bhd’s (Maybank) Myanmar operations, which were launched today, aimed to focus on transaction banking, corporate lending and treasury services as part of its objective to establish itself as a leading cross-border bank in Myanmar. In a statement today, the bank said its Yangon branch, which has a registered capital of US$75 million (US$1 = RM4.40), was officiated by Central Bank Myanmar Deputy Governor U Set Aung and Bank Negara...
Rival Systems Signs Cardinal Capital Management for Rival Trader
- 9 years 3 months ago
Chicago-based Rival Systems (Rival), a trading software company established earlier this year, announced today that Cardinal Capital Management (Cardinal) has deployed the new Rival Trader front-end derivatives trading and risk management platform. Cardinal’s agricultural market making group is using the low latency platform for all of its trading activities.
Trans-Pacific Free Trade Deal Is Reached
- 9 years 3 months ago
- Trade Finance
The United States, Japan and 10 other Pacific Rim nations on Monday reached final agreement on the largest regional trade accord in history, teeing up what could be the toughest fight President Obama will face in his final year in office: securing approval from Congress.
