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DTCC Omgeo Alert enhances its operations to become industry's SSI utility

Today the Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced that its Omgeo Alert solution, a global repository for storing standing settlement instruction (SSI) data, has completed enhancements to become the industry’s single and centralized ‘SSI Utility.’ 

With 6.6 million settlement instructions as of year-end 2016, an increase of 15% over 2015, DTCC remains committed to driving the industry towards automating and replacing onerous, manual processes.

Thursday, March 30, 2017 - 08:19
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Financial IT
The Banker and the Sour Grapes

*Warning – the following may cause your knickers to knot. If it does so, please re-read as it is meant as compassionate analysis not mindless bashing.*

Cognitive-Dissonance-1

Today’s story will be about bankers’ cognitive dissonance when it comes to consumers’ needs.

We are all “grown” here so I’m sure everyone is familiar with what “cognitive dissonance” stands for but a refresher may be in order to help us along:

Thursday, March 30, 2017 - 08:08
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Schaefer GmbH elaborates faster IT infrastructure

SCHAEFER GmbH, a world leading provider premium quality elevator components, is pleased with the 5700% faster performance delivered by its next generation IT infrastructure comprising Infortrend storage systems and Intel server boards. The SCHAEFER team is now able to process 20% more orders, with 85% less power consumption and 70% smaller system footprint demands. 

Thursday, March 30, 2017 - 08:04
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Financial IT
WatchGuard unveils new quarterly internet security report
Thursday, March 30, 2017 - 07:49
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Financial IT
How to Make Your Startup a Success

You have an idea.

Thursday, March 30, 2017 - 07:36
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Yirendai signs an agreement of intent on performance bond with PICC P&C

Today Yirendai Ltd., a major online consumer finance marketplace in China, announced that it has entered into an agreement of intent with the Beijing branch of PICC Property and Casualty Company Limited, the biggest property and casualty insurance company in China.

Thursday, March 30, 2017 - 07:30
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Financial IT
iWedia’s Linux-based Teatro-3.0 Solution Now Deploying on the HD+ Market in a 4K STB

iWedia, a leading provider of software solutions for TV devices to service operators and consumer electronics manufacturers, today announced that it is deploying its Linux-based Teatro-3.0 solution for IP-connected STB on the German HD+ retail market in a 4K Set-Top Box (STB) designed and manufactured by SmarDTV.

The announcement was made at TV Connect 2017, which is being held in London from Tuesday, March 28th through to Thursday, March 30th. iWedia exhibits at the show (ExCeL, stand B54) where it demonstrates the solution.

Thursday, March 30, 2017 - 06:46
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Financial IT
AIA Group selects Eagle to Establish Enterprise-Wide IBOR Solution

Eagle Investment Systems LLC, a BNY Mellon company, has been selected by AIA Group in regards with AIA’s establishment of an Investment Book of Record (IBOR) and consolidation of the firm’s investment management data sources onto one platform. AIA will implement Eagle’s data management platform, inclusive of managed services, which will be deployed over Eagle ACCESS, a secure private cloud.

Hong Kong headquartered AIA is the largest independent publicly listed pan-Asian life insurance group with a presence in 18 markets across the Asia-Pacific region.

Thursday, March 30, 2017 - 06:20
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Financial IT
Development of Powerful New MTD Solution from MyFirmsApp is on Track for Q2 2017 Launch

 The development of an App-driven MTD solution by MyFirmsApp, the world leader in App and mobile technology for accountants, is on track for completion in Q2 2017. 

Wednesday, March 29, 2017 - 14:06
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Oracle Achieves Compliance Certifications and Attestations for its Public Cloud Offering

Oracle today announced it has achieved a series of compliance certifications and attestations for its Public Cloud offering, including certifications and attestations for ISO 27001, HIPAA, SOC1 and SOC2 for a number of core services. Administered by Schellman & Co., these certifications in industries such as healthcare help provide validation of Oracle's offerings in areas including security, availability, processing integrity and privacy.

Wednesday, March 29, 2017 - 13:31
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