Milestone Group, the global provider of investment management fund processing technology, is pleased to announce that NEPC, LLC (NEPC) has selected pControl to be its core platform to perform end-to-end account processing for its growing discretionary business. The platform gives Outsourced Chief Investment Officer (OCIO) providers like NEPC a single platform to manage all their portfolio’s activities including analytics, trading, cash management and valuations.

The financial crisis exposed a number of weaknesses in the financial industry’s ability to assess, realise and mitigate risk on a very public scale. The knock-on effect of this exposure has been, and continues to be, vast with financial institutions being subject to heavy scrutiny from regulators. The expectation on banks to demonstrate increased transparency and the ability to effectively manage their risk has intensified substantially.

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that BIL Manage Invest (BMI), the management company of Banque Internationale à Luxembourg (BIL), has selected Linedata Front Office Platform to manage their complete front-to-back asset management workflow across their full suite of investment funds.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of the Ozarks, headquartered in Little Rock, Arkansas, successfully converted to the Premier(R) bank platform. In addition, the bank is implementing a host of additional Fiserv solutions to enhance capabilities and optimize processes for the institution.

Instinet Europe Limited (IEL) today announced its number five ranking, by customer market share, among cash equities brokers in Europe, according to a research report published by Markit.
 
Instinet was the only firm in the top ten to climb the rankings in 2014, increasing market share from 6% to 10%, doubling its traded client volumes in Europe last year and seeing volumes worth €990bn compared to €486bn in 2013.  Instinet saw growth in large, mid and small cap equity securities.
 

Misys, the leading financial software company, has signed an agreement with ECB, a Zimbabwe-based application software and services provider, to join the Misys InFusion partner programme.  Working with banks and government institutions in Zimbabwe, Malawi, Angola, Botswana, Zambia and other African countries, ECB provides expertise in application development, managed services, strategic sourcing, training and consulting, designed to bring efficiency and automation to client companies.

In a similar vein to the BIS’ recent progress report on BCBS 239, Markit commissioned its own survey. 29 global banks responded. So what difference did it make to the results when it’s not a regulatory body asking the questions? Are the answers perhaps less guarded and more honest? Or do the answers stack up?