MDOTM Ltd., the global provider of AI-driven investment solutions for institutional investors, enters Fintech Global's list of the world's most innovative AI companies. Chosen among over 2000 international applications, a panel of industry experts selected MDOTM due to the company’s innovative approach to AI in Asset and Wealth Management and the growing adoption of its proprietary technology by institutional investors across Europe and the US.

Derivatives clearing banks’ post-trade systems performed significantly better during the volatility of Q1 2022 when compared to their performance during the initial outbreak of the Covid-19 pandemic, despite being tested with higher volumes, a study by Acuiti has found.

Mastercard is expanding its award-winning Start Path startup engagement program to include seven early and late-stage startups hailing from the United States, Canada and Latin America. Carbon Neutral Club, Guava, oneKIN, Palla, SUMA Wealth, Truora and Yunit are the newest Start Path companies that are embedding climate action into company

Sentinels, a Fenergo company and Europe’s leading intelligent transaction monitoring platform, has been recognized as one of the world’s most innovative AI solution providers by being included in the AI FinTech 100 List for 2022, organized by FinTech Global.

Today, TurnKey Lender, a global fintech B2B Software-as-a-Service (SaaS) company specialising in AI-powered lending automation solutions, has closed a US$10 million new funding round.

United Trust Bank (UTB) has chosen the leading enterprise automation platform Workato to provide the software integration layer which will enable the Bank to connect and integrate a wide variety of powerful tools and apps to its new core Asset Finance digital platform. 

OSTTRA, the global post-trade solutions company, today announced the launch of a paper digitisation solution that enables market participants to reduce the amount of time it takes to process paper confirmations for complex over-the-counter (OTC) derivative transactions from hours to minutes.

Volt, the leading open payments gateway which enables account-to-account payments for merchants and PSPs in the UK, Europe and Brazil, has recruited Stuart Barclay, an open banking established strategist and expert, as its VP of Strategy. 

Finastra and HSBC announced today that they are working together to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service (BaaS) experience. This collaboration will take advantage of the best elements of modern API-driven connectivity with licensed institutions’ secure, regulated infrastructure.

Instead, the key is optimisation through a combination of rightsizing, migrating some workloads to the cloud, and putting a strategy in place to manage future needs.

Here are some important points to consider on your cost-saving journey.

Software licence reconciliation