Kuwait-based Path Solutions has joined CIBAFI, the General Council for Islamic Banks and Financial Institutions as a member. CIBAFI is an international organization established in 2001 and headquartered in the Kingdom of Bahrain. It is affiliated with the Organization of Islamic Cooperation (OIC).

CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating cooperation among its members and with other institutions with similar interests and objectives.

Fiserv announced that during a two-week period in the fourth quarter of 2015, three credit unions successfully implemented DNA®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv. The credit unions include: Neighbors Federal Credit Union ($724 million in assets), based in Baton Rouge, Louisiana; Texas Dow Employees Credit Union ($2.7 billion in assets), based in Lake Jackson, Texas; Thrivent Federal Credit Union ($467 million in assets), based in Appleton, Wisconsin.

 IPC Systems, Inc. is proud to announce that one of the company’s thought leaders, Robert Powell, IPC’s Global Head of Compliance, will be participating in a panel discussion at the 15^th Annual TradeTech Europe scheduled to be held on April 12-13, 2016 at the Palais des Congres de Paris, in Paris, France.

 A leading European investment management company based in the UK has renewed its long-standing contract with Lombard Risk for COLLINE, a real-time cross product collateral solution, as well as its front office trading tool OBERON. These solutions will continue to provide Lombard Risk’s client with the calculation of exposure and end-to-end margin processing and reporting.

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.