France's leading provider of life insurance, CNP Assurances has adopted Numerix’s Economic Scenario Generator as a fast and accurate solution for its derivatives and liabilities pricing. Built on the world’s most comprehensive capital market model library, Numerix CrossAsset, Numerix ESG is a sophisticated stochastic simulation framework for producing risk neutral and real world economic scenarios within a consistent modelling environment.

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the launch of its Russian Sanctions Tracking Service. In July 2014, the European Union (EU) and the Office of Foreign Assets Control (OFAC) issued a number of executive orders and sectoral sanctions against Russia in retaliation for the Russian government’s annexation of Crimea and its activities to destabilize Ukraine. The result of these sanctions has imposed an additional burden on investment and trade compliance as financial institutions and infrastructure providers m

Transfast, a leading provider of cross-border p2p payments solutions, today announced the expansion of its mobile and online funds transfer service into China. From the convenience of a mobile device or desktop, customers can easily transfer to recipients’ accounts at all major Chinese banks, delivered within 24 hours.

National Settlement Depository (NSD), Russia’s central securities depository, and Neoflex, a leading provider of software and professional services in the sphere of information technologies in the financial markets, have completed a next stage of a large scale project aimed at expansion of opportunities for the NSD information services users to receive, store and process corporate data based on the GoldenSource 360° EDM platform.

TXF is a financial management product designed for CFOs, VPs of finance, and controllers. It structures the data collection process, takes away manual processing, and encompasses budgeting, planning, and financial consolidation. In most cases, month-close processes can be shortened with TXF from weeks to days; sometimes even to less than one day.  Users can take advantage of these capabilities without the need for IT or tech support for implementation, support, or maintenance.

OptionMetrics, a leading provider of quality historical option price data, tools and analytics, is today announcing that VIX® and VSTOXX® indices, already included in its IvyDB US and IvyDB Europe products, have now also been added to its IvyDB Global Indices database.

ITRS Group marked the opening of its new R&D facility in Malaga's Andalusian Technology Park (PTA) yesterday. The event was attended by representatives of the PTA, Malaga University – both of which ITRS will look to collaborate with in future – and the Mayor of Malaga. The new centre is a key milestone in ITRS' strategy to grow the business, becoming the third R&D space for the company alongside centres in Manila and London.

AGRICA, the French social welfare group for agricultural sector workers, has selected OTCFin, a financial technology firm that specializes in Portfolio and Risk data management, to assist them with their Solvency 2 implementation as well as help AGRICA EPARGNE, their asset management arm, streamline their investment process.

TimeXtender, the world’s largest provider of data warehouse automation (DWA) software for the Microsoft® SQL Server®, today announced the availability of its new TX Financials (TXF) product.

You'd be hard pressed to find a product launch that generated as much buzz and excitement in the financial services industry as the announcement of Apple Pay™ last September. Heralded at the time by Apple^® CEO Tim Cook as the service that would replace the "fairly antiquated payment process" and "forever change the way all of us buy things," Apple set out to revolutionize the payments experience.