Ghana International Bank plc (GHIB), a Ghanaian-owned international Bank based in the City of London, has gone live with KnowCo’s stress-testing system, KST.

The Swedish Export Credit Corporation (SEK) has chosen Wolters Kluwer’s OneSumX to provide its software for International Financial Reporting Standards (IFRS)9 implementation and reporting.

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that it has entered into a definitive agreement to acquire Atlanta-based Online Banking Solutions, Inc. (OBS).

Tradeweb Markets, a leading global provider of fixed income, derivatives and ETF marketplaces, announced a 371% year-over-year increase in U.S. institutional cash credit volume to more than $11.8 billion in November, following record trading in each of the last two months.

PPRO Group, the cross-border e-payment specialist, today announces the appointment of John Fernandez, Senior Legal Counsel as Chairman of the Electronic Money Association (EMA). This appointment gives PPRO Group a prestigious position within the industry representative body, comprised of over fifty participants including the likes of PayPal, Skrill, Worldpay and Google Payments.

SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Daman Investments PSC, one of the leading UAE-based regional investment companies, has chosen Advent Portfolio Exchange® (APX) to enhance its asset management technology capabilities.

Tieto has signed an agreement with Marginalen Bank to provide PCI DSS certified end-to-end card services. The card solution will be provided as a service using cloud-enabled technology and also include Business Process Outsourcing. The agreement is valid for five years and will provide the bank with a scalable and cost-efficient solution, compliant with the regulatory requirements of the financial industry.

New research from Celent – sponsored by Colt - has found that the appetite for cloud-based services in capital markets has reached a critical point and that cloud is set to become the main delivery model for certain key functions in the near future. The research, entitled ‘The cloud comes of age in the capital markets’ shows that attitudes towards cloud have softened in the last 12-18 months, with participants showing more acceptance of the security, stability and reliability of cloud-based deployments.