OpenMAMA, the project developed to allow financial services firms to move more freely between market data technology and content vendors, today announces its re-launch boasting a new advisory group, increased vendor coverage and, for the first time, the ability to bridge data to and from Thomson Reuters Enterprise Platform (TREP) using a completely open source stack.
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Adyen, a leading global payments technology company, today announced an expansion of its existing partnership with Uber – powering payments for the ride-hailing company’s users in Casablanca, Morocco. Uber, now live in 58 countries, teamed up with Adyen to enable local users in Morocco to pay with locally issued credit and debit cards.
A global study of over 300 banking and financial services executives shows that, for the first time, innovation is ranked as important as regulation. The research also reveals that mobile first has now become mainstream, while innovative disruptive technologies such as block-chain will potentially become a very attractive alternative to traditional payment methods, transforming payment processing and acting as significant drivers for change this year.
smartTrade Technologies announces that LiquidityFX, its end-to-end FX trading solution for buy side, brokers and sell side, has been awarded best liquidity aggregation platform by the e-FX Awards 2015 judging panel.
Overwhelmingly rapid change has become the new normal in regulatory compliance worldwide, including Mauritius. Form, content, format and calculation are being constantly changed by regulators to drive a stable financial ecosystem. Post the 2008 global crisis, regulators worldwide have begun adopting global standards for automating information exchange with banks and also to ensure that the banking ecosystem speaks a common language. Meanwhile the Bank of Mauritius (BOM) requires over 70 returns that Mauritian banks need to automate.
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced the call for entries for the 2015 SimCorp Excellence Awards. The SimCorp Excellence Awards recognize innovation and outstanding performance across the global investment management industry.
New investment for strategic infrastructure across Europe and around the world, including road, rail, ports, inland waterways, and airports, were amongst nearly EUR 10 billion of new lending approved this week by the Board of Europe’s long-term lending institution, the European Investment Bank. Financing was agreed, subject to final negotiation, for a total of 45 projects, including 5 schemes expected to get support from the EU budget guarantee under the European Fund for Strategic Investments (EFSI).