Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), announced that Marcus by Goldman Sachs has implemented the Finacle Core Banking Solution for its consumer lending operations. Marcus, a brand of GS Bank, has deployed the Finacle solution to manage the complete consumer loan-servicing life cycle. The fully cloud-based model, hosted by Goldman Sachs, allows Marcus to achieve the necessary scale as well as provide enhanced functionality, business confidence and security to its consumers.

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GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions for the securities and investment management industry, has integrated with ICE Data Services’ APEX delivery platform. This builds on GoldenSource’s 10-year history of allowing mutual clients to gain access to Intercontinental Exchange’s ICE Data Services, which now includes Interactive Data’s content.

 Eseye, a leading global cellular internet connectivity provider for IoT devices, announced today that it is among the first to achieve Amazon Web Services (AWS) IoT Competency status. The designation recognises Eseye for delivering effective solutions and providing deep expertise in IoT. 

Branch banking is the fulcrum of banking activity. But with the growth of alternate banking channels and steep overheads banks are severely challenged to maintain branches. They are constantly exploring ways to optimize branch costs while rethinking their customer engagement strategy. In the highly competitive financial services market, it is now imperative for banks to provide superior, consistent and effortless customer experience at the physical branch level touch points.

Sopra Steria, a European leader in digital transformation, announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognises Sopra Steria for delivery of effective solutions and providing deep expertise to help organisations manage critical issues pertaining to the industry, such as digital transformation, core systems implementation, migration, data management, navigating compliance requirements and risk management.

Mambu, the SaaS banking platform provider, today announced they have achieved the Amazon Web Services (AWS) Financial Services Competency. Mambu will be one of the first companies to benefit from the new program that launched at re:Invent in Las Vegas. The majority of Mambu clients are already running on AWS and becoming a part of this program will ensure they receive the maximum benefits.

Global harmonisation of financial regulation is high on the wish list of many trading firms and, in one sense at least, the regulators in Europe and the US are pretty well harmonised. Both have a tendency to publish long-awaited documents right before major holidays. Last week we saw another example of the regulation ‘holiday effect’ with the CFTC publishing its consultation on RegAT (aka SNPRM) in the Federal Register just ahead of Thanksgiving, thereby kicking off the 60-day consultation period.

The SWIFT Institute announces the launch of the 2017 Student Challenge, open to students of recognised universities and colleges across Canada. The competition asks participants to examine new methods of protection for banking channels to combat the increasing sophistication of cyber threats.

AxiomSL, an award winning global provider of regulatory reporting and risk management solutions, announced today that it will further strengthen its client service in the Middle East with the opening of an office in the Dubai International Financial Centre.

The new office has been created in response to the evolving regulatory environment across the Middle East and Africa with the introduction of IFRS 9, FATCA/CRS and ongoing pressure from regulatory and financial reporting regimes, such as CBUAE/DFSA, SAMA, QCB, FSB (SA) and many more.