Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Columbia Bank, based in Fair Lawn, New Jersey, has selected the DNA(TM) account processing platform and more than 20 additional Fiserv solutions to accelerate its growth. The $4.7 billion asset bank will use the Fiserv platform to increase efficiency and expand relationships with its retail and commercial customers.

Interactive Data, a leading provider of fixed-income evaluated pricing, announced that its continuous evaluated pricing is now available on the MarketAxess BondTicker™ data platform, and will soon also be available on MarketAxess’ award-winning electronic credit trading platform, in support of all-to-all Open Trading™.

ITG (NYSE:ITG), a leading execution broker and research provider, today announced the launch of the ITG Dark List Algorithm, a next-generation algorithm which brings ITG's unique dark trading capacity to portfolio traders. Using a proprietary optimization technique, the algorithm is able to efficiently trade a list in POSIT Marketplace^® and POSIT Alert^® without creating cash imbalances or over-trading liquid names.

MasterCard today announced that it has entered into an agreement to acquire Applied Predictive Technologies (APT) for $600 million, subject to customary purchase price adjustments.

Applied Predictive Technologies is a leading cloud-based analytics provider. APT’s Test & Learn® platform helps companies tailor investments and maximize bottom-line impact by harnessing analytics to design, measure and calibrate marketing, merchandising, operations and capital initiatives.

The next 20 years will see the world go from 20,000 “analog” banks to no more than several dozen “digital” institutions -Francisco González, BBVA Chairman

These days, “digital transformation” tops the list of mission-critical issues for banks. Most have been on this journey for years now, but are only halfway there and struggling. This is unsurprising given the breakneck pace of emerging trends such as Internet of Things, mobile ubiquity and wearables, combining to create a new and unfamiliar set of customer behaviors and expectations. 

To enable faster product development, greater process automation and higher-quality interactions with its North American insurance clients, Fidelity Life Association (fidelitylife.com) has selected Concentrix Corporation, a wholly owned subsidiary ofSYNNEX Corporation (NYSE: SNX), to process insurance claims and

Tunis International Bank (TIB), the first bank established in Tunisia under the non-resident banking regulations and a member of Burgan Banking Group, the regional banking arm of Kuwait Projects Co. (KIPCO), went live on ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.

Capgemini and IGATE today announced that they have entered into a definitive merger agreement under which Capgemini will acquire IGATE for a cash consideration of $48 per share. The transaction will amount to $4.0 billion and is expected to be immediately accretive to Capgemini’s normalised Earnings Per Share (EPS)[1].

Trayport today announced the results of its latest market participant survey. The survey was sent to over 50 companies including small and large trading firms and some of the industry's largest utilities.