Diasoft, a leading provider of software solutions for the global financial industry, offers an opportunity for online testing of its Legacy Renovation technology through real-time conversion of COBOL source code to Java EE at http://cobol2java.com/.

Diasoft, a global provider of cutting-edge core banking solutions, continues the complex project of FLEXTERA BI implementation in Interprombank.

The attitude towards High Frequency Trading (HFT) has changed for the worse. Its nature is often regarded as inherently irresponsible and potentially disruptive.

I believe that its demonization and the fear of possible dangers of HFT to the markets has been blown way out of proportion. The reason, in my view, lies in the perception of risk management.

ElectraCard Services (ECS), provider of software solutions for electronic payment systems, successfully helped launch the Western Union® ICICI Bank Prepaid Card in India recently, as Western Union’s preferred technology and processing service partner.

BCS Prime Brokerage (‘BCS’), the international arm of the largest trader of equities and derivatives on the Russian exchange, has announced a strategic partnership with ARQA Technologies to implement ARQA’s automated back-office software – backQORT. 

The multipurpose back office system, which provides record-keeping, trade settlement, regulatory reporting and partial management accounting, will provide BCS clients with access to new markets and a more efficient transaction clearing model.

ARQA Technologies (ARQA), the independent financial markets software provider, has announced it will provide clients with a consolidated financial data feed provided by S&P Capital IQ Real-Time Solutions. The global provider of next generation trading products will address the growing demand from ARQA clients for differentiated low-latency data at different speeds.