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 Dimension.

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.

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.

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, 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.

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.

 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).

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™.

Standardization of banking supervision is driving change across the banking industry globally, especially standardization in financial reporting, measurement and management. These initiatives have been steadily expanding the regulatory burden on banks and increasing the cost of regulatory compliance. The Ardmore Banking Advisors and Fintellix alliance was created to address the need for a comprehensive solution that can help community banks more easily manage their regulatory compliance matters, and enable bank management to focus on business growth and profitability.