Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, today announced record accomplishments in 2019, as the company reached new heights in its number of clients and revenues, which were each up nearly 50%. Abacus’s acquisition of Proactive Technologies in February represented a significant expansion of the firm’s technology and service offerings and contributed to the record growth of the business.

Highlights from the year include:

Acquisition of Proactive Technologies

Customers of App Postepay, among the preferred payment Apps in Italy, can now access Western Union’s cross-border and cross-currency platform to send money globally, following an agreement between Postepay, one of the largest Electronic Money Institution (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications and Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement and payments.

Sage (FTSE: SGE), the leader in cloud business management solutions, today announced a new Sage Marketplace where a curated selection of Independent Software Vendors (ISVs) can showcase popular Apps that link to Sage Business Cloud solutions. This means that customers can enhance their Sage Business Cloud solutions with bespoke industry and vertical applications.

Last night, leading payments provider Klarna held its first “Smoooth Sessions” event of the year, with a panel of retail experts coming together to consider the future of retail. 

Financial IT an exclusive interview with Neville Roberts, CEO of Fintech organisation Planixs. 

Financial IT: Could you please tell us briefly about your background and career path that brought you to launching Planxis?

New NLG Platform offers large financial and pharmaceutical firms a radically new approach to fast-track complex report automation and deliver significant ROI

Yseop, the world-leading AI software company and pioneer in Natural Language Generation (NLG), today announced the launch of Augmented Analyst, a new enterprise-wide NLG automated report generation platform. Augmented Analyst is designed to help financial and pharmaceutical companies accelerate their digital transformation.

genesis, the international capital markets software firm, has partnered with XP Investments to design, build and implement products to automate workflows, which will in turn support business growth.

XP Investments provides an array of equities, fixed income and derivatives products and services to both institutions and individuals. Previously relying on manual, complex and time-consuming processes (for example, legacy databases, Excel, voice, instant messenger and email communications), the firm was looking for a smarter, digital approach.