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. 

Throughout the third quarter of 2013 ARQA Technologies carried out the implementation of front-end program complex QUIK at 5 investment companies and banks including Baikal Bank from Ulan-Ude and Bank Stroykredit from Moscow.

The next release of SLIB CRMS - SLIB’s innovative pan-European risk platform - features SLIB’s native implementation of Eurex Clearing Prisma.

OptionsCity Software, the provider of electronic trading solutions, today announced that the company has completed conformance testing with CME Europe, a new London-based derivatives exchange (subject to Financial Conduct Authority Approval) and wholly owned subsidiary of CME Group. Upon the September 29, 2013 launch date of the exchange, and pending regulatory approval, OptionsCity will provide its clients that are members of the exchange with direct access to CME Europe.