Capital One announces the five finalists awarded a place on its accelerator programme, Growth Labs. The programme, launched in partnership with corporate accelerator and investment firm L Marks, aims to enable early stage start-ups to develop new technologies for the financial sector.

Banks’ IT systems are under a lot of pressure to enable the transition to digital financial services. However, their heavy infrastructures were designed in the 1970s and have evolved into increasingly complex systems. Legacy bank IT systems are difficult (some say impossible) to modernize. Rebuilding a complex legacy system from scratch can take years to decades to complete. Worse, it often results in failure.

Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy & sell-side firms, today announced that Tower Trading Group (TTG), a global trading firm delivering bespoke commercial and technical solutions for professional traders, has selected Ancoa’s market surveillance platform to monitor its multi-asset trading activities across all exchanges and Independent Services Providers (ISVs).

The second Markets in Financial Instruments Directive (MiFID II) is one of the most far-reaching changes to financial market regulation yet.

SWIFT Scope has been named by Deutsche Bank Global Transaction Banking (GTB), a global services provider to other financial institutions, as the preferred solution for intraday liquidity reporting requirements.

SWIFT Scope is a flexible, automated, end-to-end business intelligence solution that is easily tailored to collect and consolidate data, and provide the analysis required to effectively monitor and report intraday liquidity flows.

 INFINIDAT, a leading provider of enterprise data storage solutions, today announced that Brightsolid, a leading UK cloud provider, has implemented the InfiniBox™ enterprise-proven storage array to improve storage performance and reliability in its VMware cloud environment.

Spectra Logic, the deep storage experts, today announced enhancements to the Spectra® BlackPearl™ Deep Storage Gateway that now allow direct archive to Amazon’s public cloud offering.

Accenture has acquired MOBGEN, an end-to-end digital services company that combines mobility strategy, creativity and technology to deliver solutions that drive engagement for global brands with their customers, employees and partners.