BPC Banking Technologies, a world leading provider of payment solutions, announces the launch of the national payment system of Ethiopia, EthSwitch S.C. based on SmartVista. As of today for the first time, all 17 of the countries retail banks are connected together via the unified payment system.

EthSwitch was formed by all the banks in Ethiopia, and with the backing of the Ethiopian Bankers’ Association and the country’s central bank known as the National Bank of Ethiopia. Following the implementation of the full SmartVista suite all the banks’ payments are now centralized.

As more financial services activities shift to digital, account opening remains – for now – a branch-centric activity. Only 22 percent of people who opened a checking account in the last 12 months did so online, compared to 72 percent in the branch, according Expectations & Experiences, the Fiserv quarterly consumer trends survey.

Linedata partnered with Sycamore Investment Services in Shanghai, to provide a complete front to middle-office service to the hedge fund community in China.

The partnership will provide Sycamore’s middle office outsourcing services alongside Linedata’s flagship hedge fund management offering, Linedata Global Hedge. This will create a full service for hedge fund clients in China, in particular allowing those firms without complete fund operations to access the full capabilities of the Linedata product with the addition of an outsourcing capacity.

CollateralPro and FinancePro offered by Broadridge create a powerful infrastructure designed to solve the challenges of regulatory compliance, business controls and operational efficiency in collateral management and securities financing. Broadridge’s solutions are offered on an ASP, managed service, or licensed basis. Both solutions can be integrated with other Broadridge securities processing solutions like impactSM, BPS® and Gloss.   

DeNovo is the next generation platform for strategy consulting that helps to understand the transformative ecosystem and technological potential of blockchain. The platform provides real-time content and insights to build proper strategy, business model and implementation. The solution delivers customized consulting and analysis based on such preferences as emerging technologies, business models, processes, and trends.             

Broadridge announced that Questrade, an online retail brokerage based in Canada, has adopted Broadridge's end-to-end foreign exchange and liquidity solution, Broadridge FX and Liquidity (FXL).

Demand for contract and permanent hires is increasing rapidly among UK fintech companies, according to new research from recruitment finance provider, Sonovate.

Job advertisements for contract roles increased by 64 percent quarter-on-quarter (QoQ) and individual roles have become highly sought after. Roles are being advertised at an average day rate of £430.