Path Solutions, a global provider of Sharia-compliant financial software and services, today announced that Siraj Finance PJSC, a leading Islamic finance company based in Abu Dhabi, UAE has signed a new agreement for the implementation of iMAL that includes comprehensive Sharia-compliant financial applications.

Credits, a blockchain infrastructure provider is partnering with Skyscape Cloud Services Limited, to deliver Blockchain-as-a-Service to UK public sector organisations.

National Settlement Depository, Russia’s central securities depository, has successfully finished developing and testing an e-proxy voting system running on a distributed ledger (blockchain technology). The prototype is based on the NXT distributed cryptographic platform, and uses ISO 20022 international standard for messaging. NSD has been working on the project together with DSX Technologies. The project's open-source code is available on GitHub.

 According to SWIFT’s latest RMB tracker, the United Kingdom’s RMB payments value increased by 21% between March 2014 and March 2016, positioning the United Kingdom as the first offshore RMB clearing centre after Hong Kong. Singapore overtook the United Kingdom in February 2014, but the trend started to reverse as of January 2016. Hong Kong still remains the world’s largest offshore RMB centre, processing 72.5% of all RMB payments, followed by United Kingdom with a share of 6.3% and Singapore with 4.6%.

Wick Hill has won the strongly contested ‘Distributor of the Year’ title at the IT Europa European IT and Software Excellence Awards 2016. These are the only pan-European awards that recognise best practices and service excellence in the IT community. Wick Hill won in the supplier section which recognises the distributor who best supported its channel partners to deliver excellence.

 Azul Systems  the award-winning leader in Java runtime solutions, and Pontus Networks, a specialist in improving the performance of software in financial institutions, have launched an Azul Zing®-based edition of PontusVision Thread Manager (PVTM), Pontus’s flagship product which reduces capital and operational IT infrastructure expenditures by improving the wa

Portolani, an independent family office based in Belgium, has selected the InvestCloud digital document portal to enhance client communication capabilities and improve their overall digital client experience.  The launch of the portal is also a growth celebration of Portolani’s 10-year anniversary and a major enhancement to the overall Portolani platform. 

UCL (University College London) has agreed a £280 million loan with the European Investment Bank to develop its Bloomsbury and UCL East campuses, the largest sum ever lent by the bank to a university.

The 30-year loan will provide funding for UCL’s Bloomsbury campus in central London which is undergoing an ambitious programme to upgrade and expand its historic buildings as well as finance for the building of UCL East, the university’s new site at the Queen ElizabethOlympic Park in east London.