China Construction Bank and Euroclear sign MoU to foster offshore RMB growth
- 9 years 6 months ago
- Trade Finance, Banking
Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market. CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman, and Euroclear Chief Technology and Services Officer Lieve Mostrey attended the signing ceremony, joined by the Prime Minister of the...
French Fintech Startups Bended Together
- 9 years 6 months ago
- Retail Banking
Thirty six fintech startups in France have banded together in a bid to foster a national ecosystem for innovation in financial services.
Reval Survey Shows Corporate Treasuries Pushing Centralization to its Limits
- 9 years 6 months ago
- Risk Management, Corporate, Treasury
Although 73 percent of respondents to a recent Reval survey of more than 200 finance professionals report that they have already centralized control in payments management, 70 percent indicate they will centralize further in 2015.
Lloyds Banking Group Recognised UK’s Digital Leader
- 9 years 6 months ago
- Banking
The 2015 Digital Leaders 100 list honours the highest digital achievements from across the UK’s public, private and non-profit sectors, celebrating individuals and organisations which are leveraging digital to transform the UK’s public services and its social and economic opportunities.
Wells Fargo To Launch a Fusion of Voice and Face Biometrics To Authenticate Mobile Users of Its Commercial Electronics Office
- 9 years 6 months ago
- Authentication Technology, Infrastructure
The new biometric identification feature is being rolled-out to CEO Mobile iPhone app users in 2016. The bank says that identifying a combination of customers’ faces, voices, and mobile devices will make it extremely difficult for bad actors to spoof the true user. “Biometric technology is emerging and accelerating change in financial services,” says Danny Peltz, executive vice president and head of treasury management at Wells Fargo. “We...
Large UK Investment House Chooses SimCorp Dimension
- 9 years 6 months ago
- Wealth Management, Infrastructure
SimCorp announces that it has signed a license agreement with one of the UK’s largest and longest established investment houses. The investment manager has selected SimCorp’s Investment Book of Record (IBOR) to provide position information across all asset classes, including cash, to be available as needed by the front office and other stakeholders. The IBOR functionality will be based on SimCorp’s investment management solution, SimCorp...
Thomson Reuters Announced a Distribution Agreement with FinWire
- 9 years 6 months ago
- Trade Finance
Through this agreement FinWire has widen its distribution by entering into a global redistribution agreement with Thomson Reuters. The agreement enables all FinWire news consisting of FinWire Small Cap and FinWire Social Media to become globally available in Thomson Reuters Eikon and Thomson Reuters Feed Solutions.
Over 1,000 Banks Across The World Use RMB For Payments With China And Hong Kong
- 9 years 6 months ago
- Payments
Recent SWIFT data shows that the growth in RMB payments is supported by an increasing number of banks. In May 2015, 1,081 financial institutions used the RMB for payments with China and Hong Kong, representing 35% of all institutions exchanging payments with the latter across all currencies. This is a 22% increase in the number of institutions using the RMB and a 6% increase in adoption, up from 29% two years ago.
Achmea Deploys BNY Mellon’s Eagle Data Management to Help Support Solvency II and IFRS Requirements
- 9 years 6 months ago
- Cloud, Data Management
Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced that Achmea, the largest insurance provider in the Netherlands, is live using Eagle’s data management solution, deployed over its secure private cloud, Eagle ACCESS(SM).
Deloitte Partners with Recommind to Launch New Data Analysis Tool for OTC Contracts
- 9 years 6 months ago
Deloitte, the business advisory firm, today announced an alliance with Recommind, a leader in information intelligence, to deliver a managed service to investment banks, transforming the way Over-the-Counter International Swaps and Derivatives Association (ISDA) agreements are managed.
Newest UK Bank Atom Chooses Global Tech Giant FIS To Offer Digital Banking
- 9 years 6 months ago
- Banking
Atom, the designed for digital challenger to the UK banking market, is partnering with FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, to serve banking customers on the go.
North East to become IT stronghold with the opening of new Service Management Centre
- 9 years 6 months ago
- Infrastructure
North East-based IT infrastructure & Support specialists Onyx Group have announced the opening of a new Service Management Centre at their Newcastle-based Data Centre facility. The Service Centre will host a team of 30 highly qualified IT experts to provide businesses throughout the North East with 24x7 cutting-edge IT Support in the fields of Data Hosting, Cloud Hosting & Backup, e-security and connectivity.
Major Swiss Bank Extends Strategic AxiomSL Deployment To Include Irish Reporting
- 9 years 6 months ago
- Risk Management
AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that a major global Swiss bank has decided to expand its use of AxiomSL’s platform to support reporting to the Central Bank of Ireland, including new monetary and interest rate disclosures mandated by the European Central Bank (ECB).
Development Bank of the Philippines Chooses Polaris and Kaisa To Transform Its Core Banking Operations
- 9 years 6 months ago
- Retail Banking
Polaris Kaisa, a joint initiative between Polaris Consulting & Services Ltd, a leader in digital transformation solutions & services and Kaisa Consulting, today announced that the Development Bank of the Philippines (DBP), one of the largest Government Financial Institutions (GFI) in the Philippines has chosen to implement Intellect Digital Core (Core Banking Solution) to transform its core banking operations.
Bovespa Market Data Now Available in Redline Trading Solutions’ Ultra-low Latency Platforms
- 9 years 6 months ago
- Infrastructure
Redline Trading Solutions, the premier provider of market data and order execution systems for automated trading, today announced that BM&F Bovespa market data is now supported in its InRush™ 3 accelerated ticker plant software and is available via its fully managed RedlineFeed™.
