We’re excited to announce the launch of our new Best Execution solution, designed to help investment managers worldwide address regulatory requirements while reducing cost of ownership. The solution streamlines and automates the process for gathering quantitative and qualitative data needed to support clients’ best execution analysis and reporting.

Cordada, a private debt platform that caters to lenders and fintechs serving small and medium-sized enterprises (SMEs) in Latin America, has announced its partnership with Thought Machine. Cordada will use Thought Machine's cloud-native core banking platform, Vault Core, to develop highly personalised financial products for SME lenders and fintechs across Latin America. Cordada will use Vault Core as SaaS hosted on the Google Cloud Platform (GCP).

In an exciting collaboration, STARZPLAY, one of the region's top three subscription video-on-demand (SVOD) services, has announced a strategic partnership with TPAY, the leading payments provider in the Middle East, Turkey, and Africa (META). With this partnership, customers will be able to make their subscription payments using their mobile phone numbers, to access STARZPLAY’s premium sports and entertainment content. 

The adoption rate of financial technology in the Philippines among the population aged 15 years old and over through mobile apps may increase to 72.2% or 59.3 million users by the end of 2023, according to a new report from consumer credit service Digido.

The maximum growth of this indicator is expected to come from the Payments & Transfers segment (+17.6%), followed by E-Wallets (+4.9%), Digital Banking (+4.3%), Digital Investments (+3.7%) and Digital Lending (+0.9%).

Homegrown humanitarian organisation, Singapore Red Cross, has included cryptocurrency as a newly-accepted form of donation, partnering with Triple-A, the first crypto payment gateway licensed by the Monetary Authority of Singapore (MAS), ahead of Singapore’s National Day. 

Appian Connected Servicing provides complete visibility into servicing clients, allowing both internal constituents and their clients to view, identify, request and monitor the state of request. This solution addresses account management challenges and more, orchestrating and automating tasks throughout the request lifecycle, integrating systems and data, and providing a complete view of account history and changes. 

Connected KYC is a pre-built solution to automate Know Your Customer (KYC) investigations, improve accuracy, and minimize regulatory risk. Connected KYC creates a unified visible experience and provides continuous monitoring, frictionless servicing, and clear task management in reducing risk of regulatory fines through a robust rules engine, task management, flexible risk assessment, and automated data integrations.

Connected Onboarding unifies people, processes and data to reduce the risk of onboarding, accelerate the time to revenue, improve the user experience and empower business users with complete control of the onboarding journey. The solution provides complete visibility, automation and management of a guided onboarding experience, allowing both internal stakeholders of the financial services organization and its clients to understand the state of onboarding and outstanding tasks.

Numerix, a global leader in capital markets risk management technology, is pleased to announce the acquisition of PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions.