BNY Mellon has successfully on-boarded Liontrust Asset Management Plc as the first end-to-end client on its new Investment Operations platform. The new open architecture platform will improve automation and integration capabilities, and offer enhanced data management and control capabilities to institutional asset managers. The Investment Operations business encompasses the capabilities previously aligned with Middle Office Solutions, along with an enhanced set of services to support the evolving needs of our institutional asset management client base.

Financial infrastructure plays a critical role in a country’s economic development and stability. It determines how efficiently financial services can be provided. A high-quality infrastructure lends itself, among other benefits, to lower transactional costs and more accurate risk evaluations, improving lending and access to capital.

Wirecard, the global innovation leader for digital financial technology, today announced that it is helping German financial services giant SIGNAL IDUNA extend its online and mobile services with new payment methods. Consumers will be able to take out and pay for insurance online. Wirecard processes the payments as well the payouts in the case of successful claims. The company – that provides insurance policies for health, travel, household and more – also famously sponsors the Borussia Dortmund football stadium, the largest in Germany. 

Online banking payments provider Trustly is pleased to announce a partnership with Norwegian Air, a listed company on the Oslo Stock Exchange and one of the world's largest low-cost airlines operating 500 routes. Through the partnership, Norwegian passengers will be able to pay for their tickets securely and directly from their online bank account.

EquiLend, the global technology company for the securities finance, collateral and swaps industries, today announced that its Collateral Trading service has gone live globally, following an intensive and highly successful pre-testing phase.

Clients from the Americas and Europe were active on the service as trading went live today, with users in Asia set to join in April. Many of these counterparties were involved in the EquiLend Collateral Trading Working Group, which was formed in July 2019.

FinecoBank today announced has introduced expanded exchange service hours. UK customers will now be able to exchange currencies 21 hours a day and including weekends.
 
The European-headquartered bank has also extended multi currency accounts to include new currencies, bringing the total to 21 global currencies. New worldwide currencies now include the Danish crown, Norwegian krone, Hong Kong dollar, Singapore dollar, Polish Zloty, New Zealand dollar, Czech crown and the Hungarian forint. 
 

Introduction

With Microsoft’s cutting-edge technologies, IT is now becoming more attractive to many individuals, also to the ones being new to the field. The data processing sphere is proving to be a prestigious area where many professionals are rushing to ensure a tasty piece of cake. If you’re a beginner and also wonder how to benefit from this lucrative field, it’s important you pay attention to this post.

TONIK Financial Pte Ltd (“TONIK”) announced today that it closed a $6M round of equity funding.  The round was led by regional VC investors Insignia Ventures Partners and Credence Partners, with a significant participation from regional family offices and angel investors.   TONIK will use the funding to launch its digital bank in the Philippines, targeting the start of commercial operations in Q3 2020.