Housing and Development Bank (HDB), a major Egyptian bank that is approximately 60% state owned, has selected Wolters Kluwer Financial Services to provide its risk, regulatory reporting and operational risk software solutions. 

Wolters Kluwer Financial Services won the Enterprise Risk Management tender issued by HDB, along with its local Egyptian partner, Winter Partners Egypt (WPE). The implementation of the OneSumX solution covering all three areas will be undertaken by both partners.

Fidessa’s Minerva consists of several components that altogether cover the entire trading cycle. Minerva OMS, EMS and Connectivity offer comprehensive, end-to-end workflow covering all asset classes with integrated compliance and connectivity to a global community of brokers and venues. 

Verizon’s Infrastructure, Managed Hosting and Application Management Services deliver great connectivity across global networks and data centers allowing customers to effectively provide enterprise applications around the world. Verizon removes the burden of handling complex infrastructures with numerous staff at high cost by providing fast and cost effective resources with proper control and support options. 

HP Helion CloudSystem Enterprise represents a completely integrated and combined Infrastructure as a Service solution of a new style. Equipped with advanced hybrid cloud capabilities the HPE Helion is highly customizable and easy to use. The latest version also features OpenStack, the open-source controller with processing, storage, and networking resources for work with private clouds.    

Nasdaq announces that the trading in Hedera Group AB’s shares (short name: HEGR) commenced today on Nasdaq First North in Stockholm. Hedera Group belongs to the industrial sector and is the 1st company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.

Hedera Group is a consulting company specialized in staffing and recruitment solutions within specific professional segments, e.g. health care practitioners. Its wholly owned subsidiary Läkarresurs provides doctors and nurses to county councils across Sweden. 

An end-to-end optimized cloud solution that encompasses all aspects of Infrastructure as a Service, starting from hourly virtual servers and to high-performance bare metal, big data solutions, and full private clouds. User can work with more than dozen virtual machine templates on a single shared platform. 

Tunisian bank Stusid Bank announces its choice in the banking platform SAB AT for its information system.

Stagecoach, First Bus, Go-Ahead, Arriva and National Express are working together to produce a business case which is expected to be completed by late spring 2016.

The scheme, funded predominantly by the private sector, could see new EMV contactless technology installed on every one of the UK’s 32,000-plus buses outside London. It would offer cashless travel for those who want it and capped pay-as-you-go-fares in all urban areas.

Although payment cards sometimes create a little bit of a mess in the purse people really enjoy using them in their shopping experience. Moreover our demand for the card to complete fast transactions anywhere and anytime often conflicts with our desire for security and information transparency. Today most payment transaction and security providers already address these user preferences, but the climax of recent technological development is in contactless payment, card consolidation function and one time authentication codes.

In an increasingly competitive financial services arena, financial institutions are pressured more than ever to meet the evolving wants and needs of their customers. This stress is putting each institution's technology strategy under the microscope.  "Are we delivering market-leading innovation and providing a better customer experience than our competitors?"  "Are we agile enough to shift with evolving market and customer demand?" Both established and new banks will need to answer these tough questions if they want to thrive in the digital age.