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Solactive Appoints Head of Product Development and Announces Further Evolution of Management
Solactive

Solactive is pleased to announce the addition of a new senior position to its organization. Peter Diel joined the firm as Head of Product Development on November 1st, 2019, running Solactive’s index development departments. The appointment runs alongside further alignments of responsibilities, while the company keeps evolving its business and organization.

 

Monday, November 4, 2019 - 10:55
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Financial IT
Late Payments: Buyers Leave SME Suppliers Last
Previse

Businesses pay their smallest suppliers 30 days later than their bigger suppliers. Data released today by Previse, the fintech that uses AI to get suppliers paid instantly, shows the extent to which the problem of slow payments is concentrated among small suppliers, a fact which public payments reporting fails to highlight.

 

Monday, November 4, 2019 - 10:51
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Financial IT
Applied Risk Awarded CREST Accreditation for its Operational Technology Penetration Testing Services
Applied Risk

Applied Risk, specialist in industrial cyber security for critical infrastructure, has been accredited by internationally-recognised professional certification board CREST for its Operational Technology (OT) Penetration Testing services.

 
CREST supports the technical information security industry, providing accreditation for technical security services and professional-level certifications for individuals that provide penetration testing, cyber incident response, threat intelligence and security operations centre services.

Monday, November 4, 2019 - 10:48
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Financial IT
World's Fastest Exchange Trading Technology Launched by Moonx
MoonX

MoonX today announced the launch of its new trading technology in the UK, offering a full suite of financial software and hardware systems for exchanges, brokerages, hedge funds, financial institutions and traders.

Monday, November 4, 2019 - 10:46
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/news/trading-systems/worlds-fastest-exchange-trading-technology-launched-moonx
Financial IT
Finastra launches Fusion Treasury Essential – helping banks automate treasury in just 90 days

Finastra today unveiled Fusion Treasury Essential – a packaged solution designed for smaller banks that don’t already have a dedicated treasury system, but are looking to automate and modernize the treasury function.

Monday, November 4, 2019 - 09:29
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British Businesses Focusing More on China
JGOO

New research  from JGOO, the next generation mobile payments platform, reveals that of those companies currently marketing goods and services in China, 67% say sales in this market have grown over the past 12 months.  Furthermore, for those that don’t trade with the world’s second largest economy, one in five companies (20%) are now considering doing this.

Over the next five years, the findings reveal that 40% of British businesses think that the Chinese market will become important for the companies they work for.

Monday, November 4, 2019 - 08:43
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/news/payments/british-businesses-focusing-more-china
Financial IT
78% of Investors Start Investing Before the Age of 35, According to Robo.cash survey
Robo.cash
According to a survey conducted by the P2P platform Robo.cash, 78% of P2P investors in Europe made their first investment before the age of 35. One of the reasons to begin investing early is connected with the long-term goals of investors who aim to save money for retirement or to support their children.
 
Monday, November 4, 2019 - 08:39
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Financial IT
ICS Financial Systems Adopts the Latest Oracle Technologies for Production Use-Cases in the Banking Sector at Oracle OpenWorld 2019

ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the Oracle PartnerNetwork (OPN),  announced the adoption of the latest Oracle technologies for production use-cases in the banking sector.

Monday, November 4, 2019 - 06:43
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/news/banking/ics-financial-systems-adopts-latest-oracle-technologies-production-use-cases-banking
Financial IT
GLEIF: The Power of LEIs to Transform Client Lifecycle Management in Banking

The Global Legal Entity Identifier Foundation (GLEIF) is a not-for-profit organization created by the Financial Stability Board (FSB) in 2014 to support the implementation and use of the Legal Entity Identifier (LEI). The LEI is a unique code that can be used universally to enable the clear and unique identification of legal entities. With its primary use to identify participants in financial transactions, the LEI has global relevance for businesses across sectors.

Monday, November 4, 2019 - 06:10
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Financial IT
Freetrade Closes on $15Million Funding in 2019
Freetrade

Commission-free stockbroking app Freetrade has closed a $15m fundraising round, comprising a $7.5m Series A investment from Draper Esprit and an equity crowdfunding rise of $7.5 million completed earlier this year.

Targeting the millennial market, Freetrade claims to have picked up 50,000 customers in the year since launch.

The UK-based company is currently working on the development of a new investment platform that will give users the option to purchase fractional shares in UK and European stocks, ahead of a wider push into the EU market.

Monday, November 4, 2019 - 06:04
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/news/trading-systems/freetrade-closes-15million-funding-2019
Financial IT

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