Motorola Solutions today announced that it has completed its acquisition of Spillman Technologies, a leading provider of comprehensive law enforcement and public safety software solutions for computer-aided dispatch (CAD) and records management systems (RMS).
 

It doesn’t matter what industry you look at; everybody, everywhere wants to be an innovator. Innovation, transcends time and place and is far more than a throwaway buzzword.

Before we go forward and explore how to be innovative, it’s crucial we define the word itself. Innovation for me is the application of disruptive technology, methods and cultural changes in order to empower problem solving and create opportunities where previously there were none. Many businesses will find it suitable to define innovation, simply, as: opportunity.

Senjō Group, a privately held investment firm headquartered in Singapore, announced today its support and co-sponsorship of the Next Money FinTech Finals 2017 (FF17) as an Organising Partner alongside InvestHK and Startmeup.HK.

Next Money is a global fintech community that fosters the reinvention of finance through design, innovation and entrepreneurship. FF17 returns for its second year and is part of the StartmeupHK Festival which will take place throughout that week in various locations around Hong Kong.

Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the closing of its acquisition of New England Bancorp, Inc., parent of Bank of Cape Cod.

“This acquisition strengthens Rockland Trust’s Cape Cod presence,” said Christopher Oddleifson, the Chief Executive Officer of Independent and Rockland Trust. “We look forward to introducing Bank of Cape Cod customers to all that Rockland Trust has to offer.”

Citi announced the launch of a new global API Developer Portal (developer.citi.com) to rapidly connect with developers and enable them to build innovative client solutions faster than ever before. The global developer platform is one of the most comprehensive to date in the financial services industry.

Abel Noser announced today it has finalized the previously announced management-led buyout of the firm along with private equity fund Estancia Capital Partners, L.P. The transition of the business to the second generation of senior management after the retirement of its founding partners will empower Abel Noser to continue to grow its existing businesses, including trade analytics services, transaction compliance, and agency-only brokerage inclusive of transition management (TM) services.

 IHS Markit, a world leader in critical information, analytics and solutions, today announced that LumRisk S.A., a pioneering risk aggregating service provider, and member of the Gottex Group, has gone live on Markit EDM managed services as part of a significant investment in its core technology platform.

We are proud to announce that Omega Point, a leading data analytics provider, has selected Databricks for its ability to apply advanced analytics to synthesize insights from disparate large-scale datasets.

Inferring insights from a multitude of large-scale data to inform business-critical decisions is an increasingly common practice across industries. Omega Point is yet another example of this trend in financial services, where a sliver of timely information could have millions of dollars of impact.

“Without data you’re just another person with an opinion” W Edwards Deming, Data Scientist

This is a very true statement, however it can equally said that too much data with too few opinions is equally ineffectual. Therefore the balance between too much and too little data is a key one in ensuring the good governance of firms. The area of non financial risk is one presents some of the most challeneges where this problem is concerned.