Nowadays many organizations migrate their IT infrastructure from on-premises applications to the cloud and would like to have a more holistic and dynamic view of their software consumption. PyraCloud is a real-time, single-point access platform for the Software Portfolio Management methodology developed by SoftwareONE. It helps organizations optimize the consumption of their resources and regulate their IT budgets. The main users of PyraCloud in the financial industry can be Chief Financial Officers, Compliance Officers as well as Risk Officers and CIOs.

Ansonia Credit Data, a leading provider of high-quality, low-priced business credit reports, today announced the acquisition of Gallium Technologies LLC. "Gallium is a natural fit for Ansonia and complements our broad portfolio of world-class business credit reporting and risk management products," said Kathleen Dasal, CEO of Ansonia Credit Data. "With this

EquiLend has acquired Automated Equity Finance Markets, Inc., commonly known as AQS, along with its securities lending technology systems from PDQ Enterprises, operator of PDQ ATS. AQS will be rebranded to EquiLend Clearing Services.

The acquired technology facilitates connectivity to OCC’s Market Loan Program, whereby matched securities finance loans are seamlessly processed for central counterparty clearing through OCC, the world’s largest equity derivatives clearing organization.

Today, the data specialist FinTech Validis is announcing that experienced financial technology manager Max Pell has assumed the position of Chief Executive Officer.

Validis, developer of a unique data transmission and analytics technology used across the accounting and lending industries, was previously led by interim CEO Paddy Byrne, a Non-executive Director of Validis and Chairman of financial services software provider, Target Group. Max takes the reins from Paddy today.

Intelliflo has launched an Open API for its award winning business management system, Intelligent Office (iO), enabling its adviser and supplier partners to integrate their own solutions and processes fully with the data and functionality within iO.

Intelliflo’s aim is to allow its partners to enhance their own offerings using the data available via iO.

Equiniti Group plc, the specialist technology outsourcer, through its Paymaster business, today announces that it has completed a life and pensions outsourcing contract with Worthing-based life insurer Retirement Advantage. The transaction, worth more than £40m over 10 years, covers the transfer of customer services, technology and change activity and the underlying systems from Retirement Advantage to Equiniti. The transfer is expected to be completed in the fourth quarter of 2016.

 ITRS Group has announced the successful implementation of its real-time monitoring software, Geneos, across the National Stock Exchange of India's (NSE) global IT operations as part of a wider project to ensure it remains at the technological forefront of the region’s securities industry.

Nordea was subject to the 2016 EU‐wide stress test conducted by the European Banking Authority (EBA) in cooperation with the Swedish FSA, the European Commission (EC) and the European Systemic Risk Board (ESRB).