This is a definitive and optimistic occasion, in which a major bank partners with a leading technological university to connect the world of economics with the digital domain," said Prof. Boaz Golany, Technion's Vice President for External Relations and Resource Development, at the inauguration of the Technion-Poalim Data Science center (TPADS).

Red Deer, a next-generation financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that its MiFID II research valuation solution has been selected by GAM, one of the world’s leading independent, pure-play asset managers. GAM will use the solution to consume and value research so that it can be paid for independently from trade execution, in compliance with the MiFID II regulations that come into effect on 3 January 2018.

After completing the EON blockchain testnet we will launch a bunch of products, united by the EON platform. One of them is the Channels wallet, decentralised, safe, fast and transparent, which is planned to be launched in Q1 2018. Within this wallet a user can have several accounts: in Bitcoin, Ethereum and other cryptocurrencies. These accounts will be operated with color coins, equivalent by value to the corresponding cryptocurrencies.

The Fixed Income Leaders Summit has published the report “On the precipice: Are you ready for MiFID II”, following a survey it conducted of 100 heads of European fixed income in Q3 2017. The report comes as the buy-side is in the midst of preparations for the legislation before the looming 3^rd January implementation deadline.

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Temenos (SIX: TEMN), the software specialist for banking and finance, have announced their intention to collaborate and strengthen the FinTech ecosystem in Abu Dhabi, following the unveiling of ADGM’s Innovation Centre at the FinTech Abu Dhabi Summit on 23 October. Temenos will support the ADGM FinTech Innovation Centre, a physical hub where FinTech communities can come together to foster collaboration and innovation in financial services.

93% of companies are worried about the storage of their data in the cloud after the General Data Protection Regulation (GDPR) and 91% are concerned about how the new rules will affect cloud services, according to new research from Calligo, a world-leading cloud solution provider.

The figures were in a survey of 500 IT decision-makers in companies with more than 100 employees and £15 million turnover, examining how businesses are preparing for the new regulation which comes into force next May.

Opus, the leading provider of global compliance and risk management solutions, today announced the launch of its new Third Party GDPR Compliance solution, developed specifically to identify and manage General Data Protection Regulation (GDPR) risk in third-party relationships.

Tying in with Money 2020 USA this week, Fidor, the innovative provider of digital banking solutions, today signed a partnership agreement with Eight Inc., the strategic design and innovation firm renowned for bringing transformative innovation to leading brands.

Zero, a new mobile banking experience that combines the best features of debit and credit cards and offers up to 3% cash back, announced today that it has raised $8.5 million in funding, led by ENIAC Ventures. 

Milestone Group, provider of managed technology solutions globally for the investment management industry, today announced that Artemis Investment Management LLP (Artemis) has gone live with pControl Oversight across its unit trusts, OEICs, investment trusts and venture capital trusts.

As Artemis’ product range has continued to evolve, the number and complexity of its fund structures has increased. Artemis has chosen Milestone’s technology to introduce a greater degree of automation of its oversight activities.