While the life insurance industry continues to experience growth, there is an inherent fragility in a sector being weighed down by its legacy business. A complex web of antiquated technology systems bows each time a new product is brought to market or a regulatory change needs to be accommodated.
We are, however, standing at the precipice of a technological revolution in this space.
EMIR requires CCPs who wish to continue to trade in the European Union to arrange for accreditation based on new regulatory requirements. Accreditation is accompanied by identification of the financial instruments or type of contracts that each CCP is authorized to clear.
On March19, NASDAQ OMX was the first CCP to be awarded ESMA accreditation. The others are expected to follow fairly rapidly.
How seek, an ASX-listed online employment websites provider increased automation and visibility in cash and risk management through implementing a new treasury system.How seek, an ASX-listed online employment websites provider increased automation and visibility in cash and risk management through implementing a new treasury system.
Diasoft , a global provider of financial software solutions, is named among Top 5 Global Leaders of Celent Big Leagues Table 2013 for the gross number of deals won in 2012-2013. The results were introduced by Celent in its annual The Big Leagues 2013: Core Platform Sales Ranking issued in February 2014. The report provides a detailed look at core banking deals and measures the number of new banking deals that vendors won in the 12 months between July 1, 2012 and June 30, 2013.
Many companies are still trying to understand the difference between Software-as-a-Service (SaaS) and Application Software Provider (ASP) in treasury. To make it worse, technology terms such as “cloud,” “hosted,” etc. add to the confusion. But what is all the fuss about anyway?
Diasoft, a global provider of cutting-edge software solutions for front-to-back automation of financial services, introduces its new offering - Diasoft Balance, “Procurement Management”.
Diasoft Balance – is a fully-functional and multi-component solution, developed in accordance with the business-processes based approach. It ensures automation of supplier contract accounting processes of financial institution.
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