MarketAxess announces a new daily achievement in high-yield (HY) trading of about $1 billion on last Friday, December 11, 2015. Recent market volatility has also driven an increase in estimated market share for MarketAxess, with over 10% share of TRACE HY volumes on December 11th, compared to an estimated 5.9% share during the third quarter.

SimCorp announces that it has signed a license agreement with KBC Asset Management, the largest investment manager in Belgium. KBC Asset Management manages assets of approximately EUR 205bn in funds and unit-linked life insurance and has a fund market share in Belgium of more than 35%.

-Wells Fargo & Company (NYSE: WFC) has entered into an agreement with Zurich American Insurance Company (ZAIC), a subsidiary of Zurich Insurance Group, to sell its crop insurance business, Rural Community Insurance Services (RCIS), and its subsidiary Rural Community Insurance Company (RCIC). The transaction is expected to close by the end of Q1-2016.

New research published today sheds light on the patterns of trade and currency payments between the Europe, Americas and Asia-Pacific regions from 2012 to 2014 and examines the key drivers behind currency choices and regions of growth.

- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. The project will develop an enterprise grade, open source distributed ledger framework and free developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions.

 Intellect Design Arena Ltd, a specialist in applying true digital technologies across banking and insurance, announced that IDFC Bank, a subsidiary of India’s leading integrated infrastructure finance company, IDFC Ltd., has successfully implemented Intellect’s Global Transaction Banking (iGTB) solution suite. 

This combined digital solution by Intellect Design Arena will play a key role in IDFC Bank’s growth plans, as it seeks to introduce a differentiated form of banking. 

Hong Kong-based trading platform Fortune Coin will open on January 1, 2016, marking the first step in the company's globalization process.

Growing businesses in the UK lost nearly £18 billion to fraud, at an average of £3,450 per business last year. With every pound lost to fraud representing a tangible loss to businesses, it’s easy to see why companies are so eager to prevent e-commerce fraud at all costs. The best way to secure your business from fraud may not necessarily be the most obvious method.

TIBCO Software Inc., a global leader in integration, analytics, and event processing is to drive a new era at Skipton Building Society by enabling it to seize more opportunities in the digital space through the adoption of its middleware solutions.

Described as a major step for the 162-year-old mutual, the move will see TIBCO simplify and accelerate the integration of Skipton’s IT infrastructure. In doing so, it will help drive greater alignment and efficiency, and better meet the demands of a fast-evolving environment and a more digitally empowered customer base.

Profile Software, a leading financial solution provider, announced today the strategic selection of IMSplus, the award-winning investment management platform by Rasmala, a London-headquartered independent investment manager. The use of IMSplus will provide Rasmala with the operational efficiency, flexibility and competitive approach across their investment management transactions throughout their operations.