A comprehensive study published by Omgeo, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the global standard for institutional post-trade efficiency, reveals that 80% of respondents believe T+2 will become the global standard for settlement cycles within 10 years.
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At the PayForum event, Sopra Banking Software, a global leader in software and services for banks and financial institutions, has won a PayForum Award 2015 for the multi-service HeliPay platform it jointly developed with Axway.
The overwhelming majority of banks, retailers and billing organisations worldwide are currently investing or planning to invest within the next two years into new payment technologies and infrastructure, a global survey by payments provider ACI and Ovum has revealed. Investment is driven by changing consumer behaviour as well as new market entrants threatening to disintermediate the existing payments supply chain. However, concerns over security as well as increasing choice and complexity are major hurdles when it comes to making investment choices, the research has found.
Xignite, the leading provider of market data cloud solutions for financial services, announced today that it has been named to the AlwaysOn OnFinance Top 100 list of private companies who are defining the future of fintech through their innovative solutions and technologies.
With its aim of increasing transparency around execution quality, under the current draft technical standards MiFID II will require investment firms to provide an annual execution quality report that states, for the top five execution venues, the share of passive and aggressive orders executed by the broker.
Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things will announce results for the first quarter ended March 31, 2015, on Monday, May 11, 2015, after market close. The Company will hold a conference call for investors and analysts on May 11, 2015, at 4:30 p.m. Eastern Time.
ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple phone systems and unified communications (UC) solutions, today announced that ShoreTel Mobility is among the first UC applications available for the Apple WatchTM.
Violin Memory®, Inc., (NYSE:VMEM), a global pioneer of award-winning flash storage platform solutions for primary storage and active workloads, today announced Amy Love as the company’s new Chief Marketing Officer, reporting directly to Kevin DeNuccio, president and chief executive officer.
Calypso Technology, Inc., the leader in financial markets software solutions, is launching a new Center of Excellence for Integration and Consolidation in response to
growing demand from potential and existing clients to consolidate their technology footprint. The firm will enhance its pre-implementation, testing and post-implementation support services – with a focus on the needs of consolidation projects - in order to reduce associated time, costs and risks.
smartTrade Technologies announces today that smart-FI™, its end-to-end trading solution designed for Fixed Income and OTC derivatives businesses, was awarded the best sell-side OTC Trading Initiative at the Sell-Side Technology Awards held by Waters Technology. This award recognizes the new and innovative ways of tackling the increasingly electronic derivatives trading landscape, with demonstrable benefits to sell-side firms.