Brits have been found to rely heavily on going into debt during the festive season, with one in three (31 per cent) consumers admitting to not knowing how they would pay for Christmas without incurring debt, a new study by financial technology company Intelligent Environments shows. 

The festive season is known for shopping, and 44 per cent of consumers have stated they will go into debt to pay for this year’s Christmas presents. Additionally, a quarter (26 per cent) believe they will miss at least one repayment and incur a late fee this Christmas.

Misys, the leading financial software company, has launched Misys FusionCapital, its next generation platform for capital markets, in the cloud. We are pleased to announce Hewlett Packard Enterprise (HPE) is the first partner to provide a highly secure, enterprise-grade cloud platform for clients wanting to benefit from this cloud-based solution.

ITRS Group has launched ITRS Insights, a new IT Operation Analytics (ITOA) application, built on its new Valo technology. Both the application and technology address the challenge of running real-time analysis and search functions on time-series, semi-structured and even unstructured data simultaneously. Valo is an industry independent technology, and ITRS Insights brings these abilities to the growing ITOA space to help businesses extract maximum value from their increasingly plentiful and important operational data.

 FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that the FIX Protocol will now support higher time stamp resolution to enable market participants to be MiFID II compliant.

NYMBUS, the world's first complete, full-stack core banking system, today announces its partnership with Payveris, a proven next-generation provider of digital payment and money movement solutions.

The industry needs to start thinking about data differently. If you want to get the best possible outcome from your transformation programme, you need to pay adequate attention to your organisational data.

Banks’ data is the blood in their veins. It’s the key ingredient of everything they do. Yet, data is often neglected. When it comes to new architecture and transformation programmes, data is typically unavailable or incompatible or pushed to the bottom of the priority chain. Is it any wonder that numerous transformation deliveries are then delayed or face failure? 

Diasoft, a leading provider of cutting-edge software solutions for financial institutions, jointly with Rosenergobank was announced a winner of the Digital Transformation of the Year category of IDC Financial Insights FinTech Real Results Awards 2015 for the“ENERGOCONTACT” project.

 Metamako, the leading specialist in deterministic ultra-low latency devices for the world’s trading community has announced the launch of a Partner Programme, which will allow third parties to develop applications for Metamako’s platform.

TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF), renewed its contract with First Data Corporation to provide payment solutions to small and medium-sized businesses (SMBs).

Sentry Investments is pleased to announce that Aubrey Hearn, Vice-President and Senior Portfolio Manager, has been named Investment Executive's Mutual Fund Manager of the Year for 2015.