The growing importance of operational risk for banks is promoting a step change in the way it is managed. Long gone is the siloed backward looking approach and instead banks are moving towards a culture in which operational risk is managed in a proactive and strategic way on an organization wide basis.

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of financial crime, risk and compliance software for the financial services industry, announces the launch of its next-generation Actimize Cross-Asset Cloud Markets Surveillance solution, featuring Foreign Exchange (FX) and Case Management capabilities. The solution targets foreign exchange, equities, fixed income, futures and options asset classes in a single hybrid cloud environment, and meets the unique compliance needs and regulatory requirements of both buy-side and sell-side firms.

 As Atom Bank sets out to re-invent retail banking, it will introduce machine learning technology from WDS, A Xerox Company, to deliver a near human customer care experience via its mobile banking app.

Award-winning payment specialist ONPEX implements OVH Dedicated Cloud service for their White-label Payment Platform.

The new solution, provided by the European market leader OVH to ONPEX since late last year, is PCI-DSS compliant and meets the highest safety requirements (such as ISO 27001, SOC, etc.). This enables ONPEX to operate their Platform as a Service (PaaS) as a cloud-based solution, located in secure European data centers. In addition, ONPEX was convinced by the proposed service level agreement as well as the usability of the solution.

Misys, the leading financial software company, has received the 2016 Excellence Award for Transformational Client Engagement at the Global Summit on Customer Engagement. The award, organised by the Center for Customer Engagement, recognises industry excellence in the field of client advocacy, engagement and experience.

BPC Banking Technologies, a world leading provider of payment solutions, reports on the completion of a set of tests on HPE Integrity Superdome X server. These benchmark tests were designed to verify the performance and availability as well as compatibility of SmartVista suite and HPE mission-critical x86 servers as part of the Global Alliance strategy between BPC and Hewlett Packard Enterprise.

Fidessa group plc (LSE: FDSA) today announced the latest version of its Minerva buy-side order management system (OMS). Minerva sits within Fidessa's Investment Management Solutions suite which provides asset managers with comprehensive, end-to-end workflow for investment decision, compliance, orders & trading and post-trade across all asset classes.

Milestone Group, the global provider of optimised fund processing solutions, today announced that Henderson Global Investors (HGI) has gone live with pControl Fund Oversight across its extensive range of mutual funds and investment trusts. The Fund Oversight solution has enabled HGI to automate the collection of fund valuation data and the subsequent execution of their independent, daily NAV price validations and controls.

FinTech Studios, a leading NYC-based FinTech software company, announced today the acquisition of iUbble Inc., a FinTech software startup created 2 years ago by students and faculty at the Stevens Institute of Technology, a premier, private research university in Hoboken, N.J.

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, is pleased to announce that the latest release of Linedata Capitalstream, the Best-in-Class Lending & Leasing solution, is now available.