Cyber insurance is a topic that typically flies under the radar when discussing the economics of cyber attacks. However, with the new year well under way, many believe that 2016 will see it take the spotlight. With high profile cyber attacks exponentially increasing over the past year, cyber insurance premiums have skyrocketed. Insurers are significantly increasing premiums for certain companies, leaving “high risk” organisations scrambling for cover.

Profile Software, an international financial solutions provider, today announced its sponsorship of the inaugural Middle East Wealth Management Forum organized by Hubbis, taking place on the 16^th of February at the Ritz Carlton, DIFC in Dubai, UAE. Profile’s executives will demonstrate the client centric and innovative platforms that address the Wealth Management industry requirements.

As Apple and the other handset giants turn their attention to financial services through the launch of their various ‘Pay’ solutions, will banks face a similar fate to that of the music industry, which Apple revolutionized with the iPod and iTunes? Are their business models under the same threat that labels and music distributors faced in years gone by?

OpenLink, the global leader in trading and risk management solutions to the energy, commodities, corporate and financial services industries, announced today that MET Group has chosen OpenLink to manage its cross-border, multi-commodity energy trading risk management and REMIT reporting.

Asia Pacific is swiftly becoming the ‘frontline for the Internet of Things (IoT)’[1] with 8.6 billion connected devices and a robust digitalinfrastructure. Most countries in the region are actively implementing digital initiatives so as to transform their nations into smart economies.While this presents innumerable opportunities for businesses to tap on, it is vital for companies to leverage technology and innovate faster, in order to keep up with the rapid adoption of all things digital.

INTIX today announced that industry veteran André Casterman has joined its management team. Casterman, the former global head of Corporate and Trade markets at SWIFT, joins as Chief Marketing Officer.

HSBC in Germany chooses SWIFT’s Value Added Network (VAN) solution to connect to Target2-Securities (T2S).  SWIFT's VAN Solution enables T2S participants to connect to the new pan-European securities settlement platform for the secure exchange of business information in ISO 20022, offering the highest resilience, with minimal risk and cost.

Bloomberg BNA today announced the release of its new BEPS Tracker, which enables international tax professionals to quickly and easily determine the status of a country's response to the OECD's Base Erosion and Profit Shifting (BEPS) action plan. The BEPS Tracker gives practitioners the latest information on countries' proposed and final changes to tax laws and regulation.

Nasdaq, Inc.  announced that it has entered into a definitive agreement to acquire Marketwired, a leading global provider of news distribution services and analytics for communications professionals. Marketwired services over 8,500 clients, including Forbes 2000 companies, private corporations and public relations agencies.