Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Function-as-a-Service (FaaS) leader in The Forrester Wave™: Function-As-A-Service Platforms, Q1 2021 report. According to the report, FaaS platforms give developers a quick way to build cloud-native microservices by abstracting away the complexities of managing and scaling clusters of containers or virtual machines. 

With Paris-aligned investing becoming the actual state amongst conscious investors, Europe’s largest asset manager, Amundi, licensed the Solactive iCPR Climate Credit PAB Index for the latest expansion of its Paris-aligned ETF solutions. The release of the Amundi iCPR Euro Corp Climate Paris Aligned PAB – UCITS ETF DR rounds out its formerly equity-based line-up with a fixed income variant, giving investors an effective tool to both diversify and decarbonize their portfolio. The ETF was listed on Xetra on April 27^th, 2021.

Analysis from global consultancy partnership Kearney has found that the performance of retail banks is likely to return to pre-pandemic levels within three to five years, although profitability will remain under pressure in the next two years.

illimity Bank S.p.A. (“illimity” or the “Bank”) presents its first Voluntary  Consolidated Non-Financial Statement (NFS) pursuant to the Italian Legislative Decree no. 254/2016  and announces that it already achieved carbon neutrality at a Group level in 2020. 

Brand new partnership will enable financial services to be embedded into Talenom’s emerging SME solution ‘Accounting Alex’ to modernise banking for SMEs

 PPS, formerly PrePay Solutions and an Edenred company, today announces new partnership with leading Finnish accounting company, Talenom.

Linedata, a global provider of credit and asset management technology, data and services, today announced First Bank unlocked new efficiencies in its business lending division by fully adopting Linedata’s cloud-based capabilities and streamlined business procedures through Linedata Capitalstream.

Equifax UK, the business and consumer insights expert, is partnering with Canopy, a fintech platform focused on the financial wellbeing of tenants, to include rental payment data in its credit assessments.

Finastra has announced BANK OF AFRICA, a pan-African financial group, has selected Conpend’s TRADE AI app from its open innovation platform, FusionFabric.cloud. The app extends the functionality of Finastra’s Fusion Trade Innovation technology and enables users to reduce document and compliance checking time.

Global technology provider Arrow Electronics has expanded its extensive portfolio of business solutions for the data centre by entering into a distribution agreement with NVIDIA, which enables Arrow to offer its customers NVIDIA networking solutions.

The agreement means that Arrow will be one of the key distributors in the UK with access to the entire NVIDIA solutions portfolio.

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, today announced the acquisition of ITDN Ltd, an IT trading infrastructure specialist, headquartered in Sao Paulo, Brazil.

The acquisition supports Avelacom’s expansion in Brazil, and further into the Mexican and South American markets, as a part of its strategy to develop a comprehensive and market leading low latency portfolio across emerging markets.