AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, today announced it will launch a joint initial margin analytics service with Clarus Financial Technology (FT).
The service, enabled by AcadiaSoft’s Access application (part of AcadiaPlus), allows Clarus FT to provide clients with margin analytics, calculations and modeling for non-cleared Initial Margin (IM).
Today, authentication platform Veridium launches its proprietary facial recognition technology, vFace.
London-based fintech firm Mode, advised and backed by Twitter co-founder Biz Stone, has launched its Bitcoin banking mobile iOS app.
The platform is available to users globally, except in the United States of America.
The European Investment Bank (EIB) and Azimo, the European money transfer service, today announced a EUR 20 million debt agreement.
The loan will help Azimo accelerate its expansion, including the development of its proprietary automated payments platform. Currently, some 130 of Azimo’s 160 total staff are based in Kraków, and EIB financing will enable the company to grow its technical team there more rapidly.
Bankable, the global architect of “Banking as a Service” solutions, today announced a strategic collaboration with Visa in the United States. Bankable aims to provide Visa’s U.S. clients, including corporate and financial institutions, access to its real-time and modular banking solutions, enabling them to deploy digital banking and faster payment services. To accommodate ongoing work in the U.S., Bankable is opening an office in New York, which is Bankable’s fourth office after London, Brussels and Dubai.
CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced the establishment of a partnership with DVeX, a new cryptocurrency exchange built by and for institutional traders. The firms have collaborated to offer CQG front-end platforms to DVeX clients for cutting-edge trading tools and analytics, effective immediately.
Glasgow-based regulatory technology (regtech) firm Encompass has received a £1.97m research and development (R&D) grant from Scottish Enterprise to develop an Artificial Intelligence (AI) Platform for its financial services clients, it was announced by First Minister Nicola Sturgeon today.
The funding is part of a project with a total value of £4.9m, which will create 33 new high-value RegTech jobs in the city.
Forter, the leader in e-commerce fraud prevention, today announced availability of the Forter Loyalty Program Protection solution to protect high value rewards programs from fraud and abuse, enabling
Berenberg announces the launch of its customer-centric digital Wealth Management portal. This follows a successful pilot after working with Backbase to update its digital offering. This portal is a direct response to the growing demand from Berenberg’s clients for a partner in Wealth Management capable of catering to clients across all channels.
A new global survey commissioned by ING shows consumer attitudes have reached a tipping point, leading them to avoid brands that don’t prioritize sustainability and environmental issues. Despite demanding change, customers will still engage in the linear ‘convenience economy’ model of ‘take, make and waste’ unless companies offer a more seamless transition towards the ‘circular economy’.
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