After a successful launch of operations in the Netherlands, Nixu now starts operations in Sweden by acquiring local specialized IT security company Europoint Networking AB.

Nixu’s vision is to become a go-to-partner in cybersecurity services for companies headquartered in Northern Europe. This strategy includes opening of multiple front-end locations in Northern Europe near local clients, who can then be offered Nixu’s holistic portfolio of cybersecurity services.

Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced they have been selected by Principal Global Investors (PGI), the asset management arm of the Principal Financial Group, to provide a portfolio accounting solution hosted on Eagle ACCESS(SM), and to achieve an investment book of record (IBOR).

Allegro Development Corporation, a leading provider of commodity trading software, announced today the hiring of its new Chief Marketing Officer, Paul French, formerly Vice President of Marketing at Armor, Inc., a leader in cyber defense software.

Mr. French will oversee Allegro's marketing functions, including marketing strategy, lead generation, brand initiatives, product positioning, marketing measurement, campaigns, advertising, events and press and analyst relations.

Many have applauded the European Commission’s “Europe 2020” strategy, in particular its focus on removing contract-related barriers to cross-border insurance. However, while tackling “bottlenecks in the Internal Market” will remove obstacles to competition, as well as a heavy and inconsistent burden on the ability to expand services, it doesn’t guarantee success. A one-size-fits-all approach to customer experience is already unworkable on a regional or national scale; on a continental scale, it’s even more so.

BPC Banking Technologies launches another national payment system based on SmartVista. Afghanistan Payments Systems (APS) is a consortium of financial institutions funded by Da Afghanistan Bank (standing as the Central Bank) through the World Bank, and is aimed to help in developing the retail banking market in Afghanistan by providing innovative electronic and mobile payment services.

 Exaxe, the specialist solutions provider for the life and pensions industry, is delighted to announce that it has won a new contract with Aviva, the leading composite insurer for life, pensions, general and health insurance products.

I’ve talked about open sourcing banking and finance by converting everything to components (APIs) that can be plug and played into any front-end user experience (UX) through apps and devices, supported by data analytics, cloud and blockchain to reduce and automate the back office.