The financial services sector is an intensive data-driven industry that manages enormous volumes of confidential client and customer data. As they accumulate data at an incredible rate, it can give organisations a goldmine of analytics that contribute to growth and profitability.

Horizon Software, a leading provider of electronic trading solutions and algorithmic technology, today announces that the Bank of China International (BOCI) has chosen to go-live with Horizon Software’s Structured Products RFQ Solution to maximise efficiency and deliver top automated solutions to their clients.

As preparations get underway for the IDC Middle East CIO Summit 2022, International Data Corporation (IDC) is delighted to announce that Gulf Business Machines (GBM) has been appointed as the event's Strategic Partner.

Where there is data, there is regulation. Most financial institutions including banks and insurance companies deal with a complex web of external, local and global regulations, all requiring them to submit regular reports about their business to comply with KYC, AML, CFT, and other regulations..

However, due to obsolete IT infrastructure, data silos, and lack of data taxonomies, and manual processes, meeting these regulations proves to be a far more challenging task – and financial institutions are not prepared.

Banking Industry Veteran to Support Company’s Product Direction and Business Strategy as It Continues Expansion in U.S. Market

Mirato, provider of the first AI-enabled third-party risk management (TPRM) intelligence platform, today announced that Joseph Lau has joined the firm as director of TPRM. Lau brings more than 20 years of industry experience to his new position working with the Mirato team to support customers in the areas of product and business development.

Global study reveals sell-side firms have potential for transformational levels of efficiency as firms average of 9.1 post-trade processing solutions due to legacy fragmented infrastructure

Most sell-side firms have a huge opportunity to transform their post-trade technology and operations to a more streamlined processing model, according to a newly released white paper sponsored by global Fintech leader Broadridge Financial Solutions, Inc.. 

The annual award by The Software Report recognizes women that demonstrate admirable leadership across a variety of roles within the software industry

Juno offers billing, payments solutions and banking services for more than 35,000 small and medium-sized businesses in the country

At today’s Spending Review, the government has announced its plans for spending over the next three years, from 2022/23. This includes a number of measures to support smaller businesses, to be delivered by the British Business Bank.

Sovcombank has reduced its ownership stake in SPB Exchange from 12.9% to 9.99% by selling part of its stockholding. The Bank’s stake was purchased by shareholders, some of the Bank’s key partners, as well as the management company Sovcombank Asset Management. Each buyer purchased an insignificant share.

Sovcombank decided to reduce its equity stake in SPB Exchange in order to bring its share below 10% so as to treat this holding as an immaterial investment.

Sergey Khotimskiy, co-owner and First Deputy Chairman of the Board of Sovcombank, said: