FD, a leading provider of software and consulting services, announces that it has acquired the entire issued share capital of QuantumKDB (UK) Limited (“Quantum”) for total consideration of up to £2.2m. The acquisition provides the Group with complementary consultancy expertise to support the growth of its Kx business and is expected to be earnings enhancing in the first full year following acquisition*.    

Acquisition rationale  

SS&C Technologies, a global provider of financial services software and software-enabled services, today announced the latest release of HiPortfolio, its leading investment accounting and asset servicing software.

Fenergo, the leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks, has today announced a strategic relationship with Markit and kyc.com, a joint venture powered by Markit and Genpact.

Global technology consulting firm DataArt has appointed the seasoned financial services and capital markets executive Cliff Moyce to head up its rapidly expanding financial practice.  

TriOptima, an award-winning post trade infrastructure provider, announces the launch of its latest post trade service, triResolve Margin, a web-based, end-to-end margin processing solution delivered in collaboration with AcadiaSoft.

triResolve Margin assists market participants in meeting the challenges posed by the new regulatory requirements for margining uncleared OTC derivatives by automating the margin process in a comprehensive, scalable and cost-effective solution. 

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, known for its operation of a large global ACH infrastructure, today announces further expansion of its growing capabilities with the launch of its Distributed Ledger Hub (DLH). The DLH is a service accessed through Earthport’s Distributed Ledger Gateway, announced in August of 2015, that will provide full connectivity into the Ripple distributed ledger protocol, including private Ripple instances, Ripple market makers, and in time, other Distributed Ledgers.

Award-winning financial technology and marketing services provider Kasasa® by BancVue® announced today that it has formed a strategic investment partnership with global private equity firm, The Riverside Company.

As part of the partnership, Riverside will continue the growth of Kasasa’s already profitable and very stable business. Kasasa’s leadership team and employee base will remain in place and its management team will remain a significant owner in the company. Riverside brings a seasoned advisory team to serve as valued thought partners to further Kasasa’s growth.

Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced full year revenues for 2015 were on plan with a 38% increase over the previous year.

smartTrade Technologies, a global leader in multi asset, end-to-end trading solutions for Tier1, Tier2, regional Banks, Brokers and Asset Managers, has been selected by Bank of China (Hong Kong), a leading regional bank in Hong Kong, to deliver a cutting edge low latency e-FX platform.

There are a lot of Fintech forecasts out there but two of the best I spotted were by David Gyori and Pascal Bouvier, so I decided to take the areas I agree with most to provide a few headline Fintech predictions for 2016 of my own:

#1

PayPal will be a primary acquisition target in 2016.

#2