SEI today announced a strategic partnership with Inovéa, a France-based, independent network of advisers and consultants specializing in insurance, real estate and finance products. Through this relationship, SEI launched and is managing six new European Strategic Portfolios (Euro SPs), each designed with a goals-based investment strategy.

The Municipality of Bari has started up in collaboration with SIA – the leading European hi-tech company in the payment services and infrastructures sector - a project based on blockchain technology that aims to digitize the process of managing surety policies.

As expected, the Bank of England kept interest rates the same today.  Given that inflation hasn’t been a cause for concern lately, and Brexit uncertainty looks likely to last well beyond the 29 March deadline, it’s hardly surprising the BOE didn’t deviate from 0.75%. The BOE’s cautious approach also reflects the fact that growth forecasts are coming down – in the UK and the rest of the world. According to the BOE, the UK economy is on course for its worst year in almost a decade, testament to the uncertainty plaguing global markets.

Validis, a pioneer of financial data sharing and standardization technology,has extended its product line to include DataShare Reconciliation, a unique solution that automates the month-end reconciliation process for lenders offering Confidential Invoice Discounting (CID) to small and medium size businesses (SMBs).  

Recently, Phil from the FT highlighted the risk for about 90 dual-listed companies under a no-deal Brexit. But I think the problem is much bigger. In our own analysis, we took it further and found about 230 liquid stocks (not necessarily dual listed) that had roughly a 50:50 split of turnover across UK and EU27.

Portuguese fintech ebankIT will be live on the main stage at Finovate Europe, one of the world’s most prestigious events dedicated to financial technology, to showcase in less than 7 minutes and without using videos or slides, how banks and credit unions can significantly accelerate their omnichannel digital transformation process.

Before a crowd of over 500 representatives of the world’s most renowned financial institutions, ebankIT’s challenge lies on demonstrating how their digital banking platform can launch a Bank in under 7 minutes, with special focus on Mobile Banking.

Smith & Williamson, the UK-based financial and professional services firm, has further enhanced its relationship with international fintech leader Avaloq by adopting its comprehensive Software as a Service (SaaS) solution. The move comes six months after Smith & Williamson selected Avaloq to help enhance the delivery of investment management services to its clients and support the continued growth of the business through the Avaloq Banking Suite. The move will allow Smith & Williamson to roll out new, adaptable products and services to its clients faster than ever before.

Following the recent ‘Blockchain for Sustainable Development Goals’ tour across Europe and Asia, the a European Blockchain HUB (EUBC HUB) and Nispana, under the patronage of the Ministry of Economic Development and Technology of the Republic of Slovenia, are inviting and welcoming experts on blockchain from different stakeholder groups, entities, and individuals from all around the globe to join rich discussions during the two-day event.

 Gymshark and Klarna have today announced the launch of Klarna’s Pay later service in the UK, Sweden, Norway, Finland and Denmark. Enabling Gymshark’s loyal community of shoppers to order the latest fitness apparel and pay after delivery.

Semafone, the leading provider of data security and compliance solutions for call and contact centres, today announced the appointment of Gary E. Barnett to the role of chief executive officer as the company prepares to expand its presence in the U.S. market. Effective immediately, Mr Barnett will replace Tim Critchley who, as CEO of Semafone since 2009, has led the company from a UK start up to an award-winning international business spanning five continents.