SimCorp signed a large additional license agreement with Nomura Bank (Luxembourg) S.A.

Nomura Bank (Luxembourg) S.A. will be utilizing SimCorp’s investment management solution, SimCorp Dimension to support its core business operations covering custody and trade processing as well as fund accounting functions.

With about 370 employees, Nomura Bank (Luxembourg) S.A. provides a broad scope of fund administration services to investment vehicles domiciled in different locations.

 Teradata the big data analytics and marketing applications company, continues to radically improve the way customer behaviours are understood and managed to produce more meaningful and profitable outcomes.

BME via its Visual Trader subsidiary, achieved an agreement with BSO Network Solutions (BSO) that will improve latencies and make it possible for those firms already connected to BSO to trade in the markets operated by BME. This will be made possible by reducing execution times thanks to the DMA multimember platform, which allows clients to choose any of the receiving members in Spain for the purpose of trading and enjoying high-speed connectivity.

Fiserv announced that Intracoastal Bank, a $266 million financial institution with offices in Palm Coast and Daytona Beach, Florida, has enhanced its small business banking services with the addition of Mobiliti Business™, a mobile banking solution designed for the unique needs of businesses.

Intracoastal Bank has successfully differentiated itself in a crowded and competitive market by offering technologically advanced solutions combined with exceptional service, which has resulted in substantial growth since the institution opened in 2008.

C3 Financial is a web-based cash management software with an integrated framework for cash and ATM branch operations.      

 IPC Systems, Inc., a leading global financial markets technology and service provider, announced its collaboration with Algomi, the network company providing information-matching solutions for the optimization of fixed income liquidity, to partner on the delivery of Algomi’s DealCall, an application which leverages IPC’s Financial Markets Cloud.

Tokenization is here to stay.

As a technology, it’s been around for a while and its use to secure payment card data has surged in recent years as mobile contactless payments have rolled out worldwide and online payments have cried out for additional security.

TOKENIZATION USE CASES

We’re not just talking about trials and pilots. EMVCo tokenization is already a de facto requirement for a number of card payment environments:

 ACI Worldwide  won a 2016 PayFORUM Award for Excellence for UP Immediate Payments. The award was announced at last month’s PayFORUM 2016 conference in Paris. The awards recognize the most innovative products and solutions in the banking and payments industry in France and abroad.

Pegasystems Inc. (NASDAQ: PEGA), the software company empowering the world’s leading enterprises with strategic business applications, today announced the acquisition of Atlanta, GA-based OpenSpan, Inc., a privately held software provider of robotic process automation (RPA)  and workforce analytics software.

The explosion of data, whether social media, transaction data, mobile or other types of unstructured data, through numerous digital and print channels, is making financial information management really challenging.