Reval is pleased to announce that its Reval Cloud Platform for treasury and risk management has been adopted by CLP Holdings Limited (CLP), one of the largest investor-owned power businesses in Asia Pacific. The platform helps centralise control and reporting of cash, debt, risk and hedge accounting activities.

“We couldn’t be happier to have our system in place at CLP,” says Tony Singleton, Reval’s Managing Director in the APAC region. “The scalability of the Reval Cloud Platform can provide a sustainable way for CLP to support its expanding business.”

PC/E Retail Banking Solution Suite enables banks and their customers to plunge into worldwide trend of mobile banking. The Suite provides IT architecture for the optimization of sales and service processing in the front office. As a server – based solution it powers up interaction between mobile devices and self-service systems. With the help of PC/E Retail Banking Solution Suite banks’ customers can execute the transactions through a variety of delivery channels. Additionally the solution allows remote money transfers around the world.

British cyber-security firm Post-Quantum, which specialises in developing defence-grade cyber-security solutions that protect global investment banks and enterprises’ data and communications systems against sophisticated criminal and nation state attacks, has today closed an £8 million Series A funding round.

Anti Money Laundering (AML) has arguably become the top regulatory priority for banks in Asia Pacific (APAC), according to a new white paper from Wolters Kluwer. And banks should now be digesting recent developments to prepare their IT functions for the consequent flurry of activity in AML regulation. 

 Misys has been recognised for the second time in this year’s Celent Model Bank Awards, for its work with Alfa-Bank, Russia’s largest private commercial bank. Both are awarded in the security, fraud and risk management category.

The technology company ameria GmbH, which focuses on software and technology development, has commissioned Wincor Nixdorf to take over the services for Virtual Promoter, a digital shop window solution for brick-and-mortar retail businesses. Wincor Nixdorf will be responsible for setup, startup and maintenance of the systems that are installed at ameria's retail and industry customers around the world.

Temenos announces that Banque Internationale à Luxembourg (BIL), a leading Luxembourg universal bank, has selected Temenos to provide the software solutions for a major system transformation project. The project will see Temenos software used across the bank’s full operations in retail banking, private banking and corporate banking. 

Ixaris, the payments technology expert, today announced it has partnered with Amadeus to deliver a global prepaid virtual payments offering, specifically for the travel industry. The agreement underpins the launch, earlier this year, of Amadeus global prepaid virtual card offering, the MasterCard branded Amadeus B2B Wallet Prepaid.

A new report from GreySpark Partners, a leading global capital markets consulting firm, shows that financial firms cannot afford to relax their vigilance against cyber-attacks on any level. Providing impenetrable cyber-security in today’s vast and interconnected electronic financial services industry is a nearly impossible task, and instituting measures that provide the required level of protection is putting security teams under significant pressure.