These days the term ‘Fintech’ rolls off the tongue of anyone involved in financial services. It’s not hard to see why when you consider the extent to which technology has revolutionised the whole financial services sector, enabling businesses to develop more agile operating models, bring products to market faster and significantly enhance the customer experience.
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Violin Memory, a global pioneer of award-winning all flash storage platform solutions for primary storage and active workloads, today announced that a top European-based hedge fund has deployed the Violin 7300 Flash Storage Platform (FSP) for use in the computational analysis of massive datasets.
In private banking, success today means reflecting the market as it really is, not relying on a picture from the rear view mirror.
‘Tradition’, ‘exclusivity’, ‘discretion’ are the likely associations when people think about private banking. But any clichés associated with panelled rooms, leather armchairs and cigars are being challenged daily, and not by ‘outsiders’ but by the rapidly changing nature of private banking clients themselves.
Recognizing that many of today's forward‑thinking enterprises are leveraging the Internet to evolve their traditional Wide Area Network (WAN) architectures, Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, today introduced Akamai Cloud Networking. A globally available, integrated system of services, Akamai Cloud Networking is designed to ensure end-to-end reliability and performance for IP-VPNs as well as cloud and SaaS applications, while maintaining enterprise security and compliance.
Fidessa group plc (LSE: FDSA) today announced that its Sentinel buy-side compliance solution has scooped the top spot for best compliance product for the sixth time at the annual Buy-Side Technology Awards.
Currency Cloud, the B2B international payments engine inside countless financial firms announces a new Direct Debit functionality in partnership with Fidor Bank, a Munich-based digital bank that provides a unique banking API to seamlessly integrate Direct Debits into the payment processes of Currency Cloud and its customers. The new capability means that Currency Cloud can now provide a complete, end-to-end payment solution for its customers, from receiving funds to foreign exchange conversion and fund payout.
Leading provider of web-based business management software, Intelliflo, has integrated with James Brearley & Sons and Praemium to offer bulk valuations from within Intelliflo’s Intelligent Office system. This brings the existing list of providers supported by Intelligent Office to over 50.
Hedge fund managers are experiencing the ripple effects of new regulations on banks and prime brokers, with hedge funds facing increased trading fees and broader changes to business relationships. These dynamics place additional pressure on margins and are leading managers to seek new growth strategies, according to The evolving dynamics of the hedge fund industry, EY's 2015 Global Hedge Fund and Investor Survey.
Gemalto, the world leader in digital security, is enabling Robi Axiata Limited ('Robi'), Bangladesh's second largest mobile operator in terms revenue, to automatically detect and configure new devices on its network, allowing its subscribers to enjoy a smooth transition when they change handsets.
NBT Bank, headquartered in Norwich, New York, has selected Sales Enablement from Fiserv, a provider of financial services technology solutions. Sales Enablement is an interactive, fully customizable brand and sales message-focused mobile tool designed to facilitate a more personal, dynamic conversation with clients and prospects. NBT Bank plans to utilize the solution to support its Wealth Management Division and will arm both its Wealth Advisors and Retirement Plan Specialists with this new, tablet-based sales solution.