At the end of 2016, the government in Dubai, announced an ambitious strategy that seeks to convert all of the Emeritus’ municipal documents to a platform based on blockchain technology by 2020. According to a statement from Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Dubai government estimates its blockchain strategy has the potential to generate 25.1 million hours of economic productivity each year in savings, while reducing CO2emissions.

TAS Group, a leading industry supplier with more than 30 years experience in implementing solutions for e-money, payments, financial markets and ERP, has been awarded the Cloud Platform Partner of the Year during the Oracle Partner Days event held on February 13th in Milan.

PNC Institutional Advisory Solutions, part of the asset management arm of The PNC Financial Services Group, Inc., has adopted RiskFirst’s PFaroe to help structure better solutions, improve reporting efficiency and deepen engagement with its defined benefit (DB) pension plan clients. This will help support its Asset Liability Management offering, which has witnessed strong growth in assets under management since 2015.

TiENPAY Limited announced their new subsidiary by means of a Joint Venture: TiENPAY Korea Co., Limited. TiENPAY Korea will serve as TiENPAY's first foray and springboard into the South Korea marketplace for mobile banking, e-wallet and cryptocurrency-related services. 

L^zLabs today announced Edmond de Rothschild (Suisse) S.A., the investment house, as its latest customer. Using LzLabs technology, Edmond de Rothschild (Suisse) S.A. has completed a project to move its legacy core mainframe system to a Linux-based alternative, running on x86 servers.

The project has seen the introduction of a wide range of innovative features, whilst significantly reducing IT costs. 

B-Hive, the collaborative innovation fintech platform that brings together banks, insurers and market infrastructure players to work on common innovation challenges and build bridges to the startup and scale-up community, along with the Luxembourg House of Financial Technology (LHoFT Foundation), a public-private sector initiative that drives technology innovation for Luxembourg’s financial services industry, came together today in the PwC Luxembourg Experience Center for its first hub roads

Excelian, Luxoft Financial Services – the financial services IT consultancy division of Luxoft (NYSE:LXFT), a global IT service provider – today announced it successfully delivered an Order Management System (OMS) for a global trading house ahead of the MiFID II deadline on January 3.