ABBYY, a global provider of content intelligence services, today announced the launch of ABBYY Text Analytics for Contracts, a managed service that automatically discovers insights from contracts and leases to speed up risk mitigation, obligation analysis and content migration. With Text Analytics for Contracts, businesses can leverage the entire ABBYY technology portfolio to accelerate time-to-value and successfully implement their contract lifecycle management, robotic process automation and digital transformation strategies.

Recent reports manifests how “smart” technology, such as voice-enabled digital devices and virtual assistants, could be shockingly blind to security threats. As per reports, researchers discovered a flaw in 

xCelor, a leading provider of low-latency trading solutions, has agreed to sell its network device business line to Metamako, a provider of low-latency network devices headquartered in Sydney, Australia. The move comes as xCelor shifts focus to its applications division.

Talend, a global leader in cloud and 

Fitbit, Inc. (NYSE: FIT) the leading global wearables brand, today announced the availability of Santander on Fitbit Pay^TM for UK users.  The partnership opens-up contactless payment from the wrist on Fitbit smartwatches  to all personal and business Santander debit and credit card users, MasterCard and Visa (excluding ATM only cash cards, Visa Top-up Debit Card and Business Visa Electron).

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced its new brand identity – Simplifying Post-Trade Processing and offering a post-trade platform which is Fast, Flexible and Future-proof. This rebrand marks a significant step in the company’s evolution. Torstone is reinforcing who they are as an independent, agile company driving change and shaping the future of the post-trade industry.

British businesses are facing an existential crisis; business consulting firm, Virtusa, predicts that hundreds are at risk due to the explosive growth of innovative tech giants led by Baidu, Alibaba, and Tencent (BAT), and Amazon. Virtusa warns that UK firms that deliver services, such as banks and telcos, are lagging behind in the digital economy compared to firms, such as those in China, that capitalize on emerging trends in other markets where those companies, like BAT, have perfected a new, horizontal business model.

Traveller expectations are at an all-time high. In the age of on-demand, mobile services and the convenience of ‘tap-and-go’ technology, the public transport industry is under increasing pressure to deliver the same, high-quality interoperable experience with its ticketing solutions. 

Technological innovations are enabling institutions to merge their Finance, Risk and Regulatory Reporting (FRR) functions into a set of processes to help meet the twin demands of regulatory compliance and a competitive commercial landscape.

Capitolis, the pioneering technology provider for the capital markets, announces today it is live with its foreign exchange credit switching service, Capitolis Switch.

Capitolis’ mission is to address capital markets constraints in the financial system. With the launch of Capitolis Switch, a key credit issue is addressed, enabling the unbundling of execution, processing, capital and risk in foreign exchange prime broking.