Equinix will invest over $40 million to build the third phase of its second data center (HK2) in Hong Kong.

It will also build the ninth phase of its first data center (HK1) – to meet demand from cloud and content and digital media (CDM) companies for data center and interconnection services in Hong Kong.

The credit performance of Russian consumers reached a seven-year low last month, according to data from FICO, the predictive analytics and decision management software company, and the National Bureau of Credit Histories (NBKI), Russia's leading credit bureau. Continuing a three-year slide, the FICO^® Credit Health Index fell in April to 94 points, two points lower than January 2015 and 21 points lower than the peak of 115 in January 2012. The index is the lowest since the index began in October 2008.

 Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers. In Saudi Arabia, the vast majority of transactions are performed with cash. Approximately 70 percent of all banking transactions are performed inside the bank branch, which leads to long teller queues.

JLT Employee Benefits – one of the UK’s leading providers of employee benefits services – has adopted RiskFirst’s real-time analytics and reporting platform, PFaroe, enabling another 400+ UK pension schemes to benefit from PFaroe’s analytics. JLT Employee Benefits will use it as a tool to add value to its advisory services, allowing it to provide defined benefit (DB) pension scheme clients with up-to-date funding valuations and real-time scenario testing and risk management advice.

Mercer, one of Australia’s largest providers of outsourced superannuation administration services, and a Bravura Solutions Pty Limited (Bravura) client for more than 20 years, has chosen Sonata, Bravura’s unified wealth management platform, to underpin a major transformation program in its benefits administration division.

As service management organisations face greater demands to improve customer service, increase first-time fix rates and cut costs, many are evaluating evolving machine-to-machine (M2M) technologies to help them meet these challenges.

Path Solutions, the global Islamic banking software group announced that Kenya-based National Bank successfully went live on April 27th 2015 with iMAL Islamic core banking system for its Islamic window named National Amanah. 

 ICICI Bank, India’s largest private sector bank, announced the launch of voice recognition service which authenticates customers based on their speech patterns and allows them to execute banking transactions through the Bank’s call centre in a quick, secure and convenient manner.

Financial advisers are regarded as having a key role to play in stopping people making costly errors when it comes to decisions about their pensions, according to a new survey by Intelliflo.