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Nationwide Building Society Signs up to EDM Prism

Nationwide Building Society has become the first lender to sign up to EDM Mortgage Support Services’ PRISM solution, with other lenders expected to follow suit in the New Year.

PRISM – which stands for Portal for Risk Information Sharing in Mortgages – is an EDM Group hosted digital hub which brings the current manual process online, enabling lenders to access third-party data and make business decisions around the suitability of property in seconds as opposed to days, and promises to revolutionise the customer journey and experience.

Wednesday, November 30, 2016 - 09:41
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Saxo Bank Reveals Powerful Tool for Clients Using Multi-Legged Option Strategies

Saxo Bank, the online multi-asset trading and investment specialist, today announces that it is launching a combination order ticket for all clients trading contract options. 

The combination order ticket will enable clients to deploy multi-legged option strategies by simultaneously placing orders to buy and/or sell different options from the same order ticket. 

Georgio Stoev, Futures and Listed Options Product Manager, said: “Instead of trading options leg by leg using multiple trade tickets, the different legs can now be delivered as one order and executed as one.” 

Wednesday, November 30, 2016 - 09:36
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Eurobank is Second Broker in Greece Selects Horizon

Horizon Software (Horizon), the leading global technology provider for electronic trading and investment management, has announced today that Eurobank Equities, the brokerage arm of Eurobank, one of the four systemic banks in Greece, has gone live with Horizon Software. Eurobank Equities chose Horizon’s Platform for Automated Trading for click trading, market making and agency trading on the Athens Exchange. It is the second Greek broker to go live with Horizon as a replacement for its legacy system.

Wednesday, November 30, 2016 - 09:33
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TSYS Provides Debit Processing Services for Virgin Money Customers

TSYS announced that it has reached a long-term agreement to provide debit processing services for Virgin Money customers within the United Kingdom. Virgin Money previously selected TSYS’ market leading TS2® platform to support its UK cards portfolio.

Virgin Money is a UK-based retail bank, providing savings, mortgages, credit cards, current accounts, currency services, pensions, as well as investment and protection products to over three million customers across the UK. TSYS will provide a flexible and reliable card processing solution for Virgin Money.

Wednesday, November 30, 2016 - 09:29
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Global Networks Need Global Finance

I’ve recently been wowed by series such as House of Cards (Netflix) and The Man in the High Castle(Amazon), and am really blown away by The Crown (Netflix) and The Grand Tour (Amazon).   I’m blown away not because these are good internet shows, which they are, but by the budgets being spent on them.

Wednesday, November 30, 2016 - 09:23
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SBI Liquidity Market Complements smartTrade's LiquidityFX

Wednesday, November 30, 2016 - 09:15
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FICO Achieves AWS Financial Services Competency Status

 Silicon Valley analytics software firm FICO announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognises FICO for delivery of effective solutions to help organisations manage critical issues pertaining to the industry, such as risk management, data management, navigating compliance requirements and establishing governance models.

Wednesday, November 30, 2016 - 09:10
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Equinix Partners with Lloyd's to Transform Catastrophe Risk Modeling

 Equinix, Inc., the global interconnection and data center company, has collaborated with Lloyd's and the Lloyd's Market Association (LMA) to enhance a catastrophe risk modeling platform that could change the face of the insurance industry.

The Oasis Loss Modeling Framework is potentially one of the most radical shake-ups in the catastrophe modeling sector in years. Hosted in Equinix's interconnected insurance ecosystem, it gives insurers in the multi-billion dollar catastrophe insurance market access to a wider range of model providers from around the world.

Wednesday, November 30, 2016 - 09:09
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NSD’s Blockchain Project Is Nominated for Futures & Options World Award

NSD’s project of developing an e-proxy voting prototype based on blockchain technology has been nominated for the Futures & Options World (FOW) International Awards in the “Best New Technology Product” category. Other nominees in this category include projects from NASDAQ and FinTech companies Symbiont and SETL. The results will be announced 7 December at a London gala.

Wednesday, November 30, 2016 - 08:32
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Lexmark Completes Acquisition by Apex Technology and PAG Asia Capital

  Lexmark International, Inc. announced the successful completion of the acquisition by a consortium of investors (Consortium) led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). Under the terms of the merger agreement, which was announced on April 19, 2016, Lexmark shareholders will receive $40.50 per share in cash. Legend Capital Management Co. Ltd. (Legend Capital) is also a member of the Consortium.

Wednesday, November 30, 2016 - 06:57
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