Sunrise Bank Raised Over $25 million in its Stock Offering
- 9 years 10 months ago
- Banking
Sunrise Bank raised over $25 million in its overwhelmingly successful stock offering. The Bank undertook the offering with the dual intentions of returning to sub-chapter S tax status and to increase capital to support its expansion into the Orlando market.
JHC Distinguished at Goodacre’s Annual Systems City Awards
- 9 years 10 months ago
- Wealth Management
JHC Systems Limited, a leading provider of innovative wealth management technology solutions, was recognised at Goodacre’s annual Systems in the City Awards Wednesday night in London, winning the Best Post Trade Processing Solution and the prestigious CEO of the Year for CEO John Blackman.
Prime Risk Partners Completes Acquisition of Old National Insurance
- 9 years 10 months ago
- M&A Deals
Prime Risk Partners completed its previously announced agreement dated April 30, 2016, to acquire Old National Insurance (“ONI”), one of the largest independent insurance agencies in the Midwest, as well as its subsidiaries JWF Specialty Co. and Employee Plans, LLC. ONI is now operating under the name ONI Risk Partners and will maintain its significant presence in its local markets throughout Indiana, Kentucky and Illinois. JWF Specialty Co. and...
Neptune Forms Neptune Networks Ltd, to Run the Utility
- 9 years 10 months ago
- Trading Systems
Neptune, the open standards network for pre-trade indications in bond markets, today announced the formation of a new company, Neptune Networks Ltd, to run the utility. The board will be comprised of members of the banks and asset managers involved in the collaboration for the past eighteen months. Neptune recognises the importance of joint buy-side and sell-side governance in order to best meet the challenges in the industry.
Unleashed Software Boosts its Entry into UK with a Fresh Capital
- 9 years 10 months ago
- Investment, Cloud, Infrastructure
Rapidly expanding New Zealand cloud based company Unleashed Software has boosted its entry into the UK market with a fresh capital injection of $3 million from both existing and new investors. Founded in 2009, the innovative Software as a Service (SaaS) startup already has international presence in major markets like United States and Australia, and has recently announced the opening of its UK office fresh off the back of its latest successful...
Stormshield and Gemalto to Provide Security for the Connection and Data Exchanges with Mobile Devices
- 9 years 10 months ago
- Security, Data
Stormshield, a subsidiary of Airbus Defence and Space and a key player in the cyber security market, and Gemalto ( are strengthening their technological relationship with the development of this technology capable of providing end-to-end security for the connection and data exchanges with mobile devices. This new development will allow users of tablets and smartphones to exchange email message securely and to protect their data on tablets on...
Avanza Appoints Johan Prom as its New CEO
- 9 years 10 months ago
- People Moves
Avanza has recruited its new CEO from the food industry. Johan Prom has a professional background at the Swedish food retailer ICA and as an advisor to a number of consumer companies, among other positions. “Now that Avanza is taking its next major step forward, Johan Prom is an obvious choice as CEO with his genuine experience with consumers, services and customer service,” says Sven Hagströmer, Chairman of the Board of Avanza. An exact date...
Hatstand and Sqreem to Provide Solutions Against Financial Crime
- 9 years 10 months ago
- Security
Global financial services consultancy and capital market specialist Hatstand, a Synechron company, announces it hasestablished a strategic partnership with Sqreem, a pattern detection and predictive analysis software firm, to jointly provide solutions for use with financial crime.
VirtusaPolaris Signs Global Reseller Agreement with SAP SE
- 9 years 10 months ago
- Trading Systems, Infrastructure
VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd. and a leading worldwide provider of information technology (IT) consulting and outsourcing services, today announced the signing of a global reseller agreement with SAP SE. As part of the agreement, SAP will resell VirtusaPolaris’ trade repository reporting solution EMIRIS as the SAP® Trade Repository Reporting application by Virtusa.
CLP Adopts Reval's Cloud Platform for Treasury and Risk Management
- 9 years 10 months ago
- Treasury, Cloud, Risk Management
Reval is pleased to announce that its Reval Cloud Platform for treasury and risk management has been adopted by CLP Holdings Limited (CLP), one of the largest investor-owned power businesses in Asia Pacific. The platform helps centralise control and reporting of cash, debt, risk and hedge accounting activities. “We couldn’t be happier to have our system in place at CLP,” says Tony Singleton, Reval’s Managing Director in the APAC region. “The...
Post-Quantum Closes £8 million Series a Funding Round
- 9 years 10 months ago
- Investment
British cyber-security firm Post-Quantum, which specialises in developing defence-grade cyber-security solutions that protect global investment banks and enterprises’ data and communications systems against sophisticated criminal and nation state attacks, has today closed an £8 million Series A funding round.
Wolters Kluwer Discusses the Impact of AML Regulations on APAC Banks
- 9 years 10 months ago
- Payments, Regulatory Standards, AML and KYC
Anti Money Laundering (AML) has arguably become the top regulatory priority for banks in Asia Pacific (APAC), according to a new white paper from Wolters Kluwer. And banks should now be digesting recent developments to prepare their IT functions for the consequent flurry of activity in AML regulation.
ameria Chooses Wincor Nixdorf to Support its Digital Shop Window Solution
- 9 years 10 months ago
- Infrastructure
The technology company ameria GmbH, which focuses on software and technology development, has commissioned Wincor Nixdorf to take over the services for Virtual Promoter, a digital shop window solution for brick-and-mortar retail businesses. Wincor Nixdorf will be responsible for setup, startup and maintenance of the systems that are installed at ameria's retail and industry customers around the world.
Alfa-Bank and Misys Basel Compliance Project Recognized by Celent Awards
- 9 years 10 months ago
- Compliance
Misys has been recognised for the second time in this year’s Celent Model Bank Awards, for its work with Alfa-Bank, Russia’s largest private commercial bank. Both are awarded in the security, fraud and risk management category.
Ixaris and Amadeus to Deliver a Global Prepaid Virtual Payments Offering
- 9 years 10 months ago
- Payments
Ixaris, the payments technology expert, today announced it has partnered with Amadeus to deliver a global prepaid virtual payments offering, specifically for the travel industry. The agreement underpins the launch, earlier this year, of Amadeus global prepaid virtual card offering, the MasterCard branded Amadeus B2B Wallet Prepaid.
