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Sentinel Consortium on Track to Meet MiFID II Deadlines for Financial Services Industry

After the successful completion of assessments of technology providers in September 2016, a core group of banks have now committed, through Project Sentinel, to the implementation of the solution that has been designed over the last 9 months. Sentinel went through an accelerated cycle of requirement gathering, extensive RFI process to select the appropriate technology, material proof of concept of the key functionality, and in December the consortium moved into the implementation of the full solution.

Wednesday, March 29, 2017 - 08:35
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Provenir Launches Amazon Machine Learning Adapter

Provenir, provider of risk analytics and decisioning solutions, today unveiled the new Provenir Adapter for Amazon Machine Learning for financial institutions seeking to add machine learning to their toolkit without the time and resources typically associated with development. The latest in Provenir’s suite of adapters automatically feeds the predictive score returned by the Amazon Machine Learning model into the risk decisioning process. The Provenir Platform then automates that process, instantly executing a pass, fail or refer result from a risk score.

Wednesday, March 29, 2017 - 08:30
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Square Launched in the UK
Square

Square has launched in the UK, making it easier than ever for millions of small and medium-sized businesses across Britain to take card payments and run their business. The UK marks the fifth country where Square is available, joining existing markets Canada, Japan, Australia and the U.S.Square helps independent traders take card payments and offers competitive and transparent rates, no monthly contracts or hidden fees, and next-day settlement on most transactions.

Wednesday, March 29, 2017 - 08:27
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BCS Global Markets Makes Key Management Changes

BCS Global Markets, the Russian investment bank and largest securities broker on the Moscow exchange, has today announced the appointment of Bradley Duke and Tim Bevan as co-CEO’s of its UK entity, BCS Prime Brokerage Ltd (BCS UK).

BCS Global Markets recently adopted a matrix management structure to promote greater oversight and synergies across geographies and business lines. 

Wednesday, March 29, 2017 - 08:25
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Mahindra Comviva and Econet Wireless Win CashlessAfrica Awards 2017

Mahindra Comviva, the global leader in mobility solution and Econet Wireless, the largest mobile operator in Zimbabwe, have jointly won the CashlessAfrica Awards 2017 in the “Best Low Remittance Provider” Category. The award ceremony took place in Lagos, Nigeria, at the Cashless Africa Expo on March 23.

Wednesday, March 29, 2017 - 08:21
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Capgemini Chosen Star Performer of the Year for Overall IT and BFSI Services
Capgemini

Capgemini, a global leader in consulting, technology and outsourcing services, announced today that it was named Star Performer of the Year both for Overall IT Services as well as Banking, Financial Services and Insurance (BFSI) Services in Eve

Wednesday, March 29, 2017 - 08:07
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IPC Reveals Industry's First Compliance Policy Engine

In an industry first, IPC Systems, Inc., a leading global financial markets technology and service provider, today announced the launch of the IPC Compliance Policy Engine, a new comprehensive software innovation that automates proactive complia

Wednesday, March 29, 2017 - 08:06
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Accenture Completes Acquisition of First Annapolis

Accenture has completed its acquisition of First Annapolis, a privately held payments consulting and advisory firm that serves a wide range of clients globally, including leading financial institutions, retailers, travel and entertainment companies, communications/technology companies, and private-equity firms.

The acquisition expands Accenture’s consulting and digital capabilities in the payments sector. Terms of the transaction were not disclosed.

Wednesday, March 29, 2017 - 07:51
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Victory Capital Appoints Citi to Provide ETF Services for its Exchange Traded Funds Business
Citi

Citi has been appointed by Victory Capital to provide full ETF services including fund accounting and administration, custody, and transfer agency for its VictoryShares branded ETFs. Victory Capital is an integrated multi-boutique asset management firm, headquartered in Cleveland, OH. As of December 31, 2016, the firm had approximately $55 billion in assets under management and advisement.

Wednesday, March 29, 2017 - 07:51
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PyraMax Ban Taps Fiserv as Technology Partner

Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that PyraMax Bank, a mutual savings bank based in Greenfield, Wisconsin, has selected Fiserv as a technology partner to help the bank modernize its retail banking operations, create a frictionless customer experience and drive the growth of commercial loans and deposits.

Wednesday, March 29, 2017 - 07:48
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