The Banque & Innovation awards recognise innovation and performance by companies presenting products or services directly related to banking innovation. Avaloq, a leading fintech company and international provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, won the prize in the BLOCKCHAIN category. The trophy was presented at the Banque & Innovation 2018 trade fair held at the Pavillon d’Ermenonville in Paris on 16 October.

DriveWealth, LLC, a leader in global digital trading technology, today announced a strategic partnership with Trading Central, a global leader of financial market research and investment analytics.  The new relationship will allow the two companies to leverage the complementary elements of their businesses:  seamless, digital, mobile-first transaction capabilities and sophisticated, accessible and actionable financial content.

Digital banking alternative, Revolut, has selected Exasol’s in-memory database as the central data repository for its organisation-wide data analytics requirements. One of the fastest growing FinTech businesses in the world, Revolut has adopted data-driven decision making, and has chosen Exasol to provide comprehensive and up to date data to every employee from its data science team to business heads to frontline staff. 

Ingenico Group, the global leader in seamless payment, today announced a strategic partnership with Sberbank, Russia’s largest bank, to enable international online merchants to accept the national MIR Card Payment System.

Since the introduction of the domestic card scheme in 2015, some 45 million MIR cards have already been issued, with more than half issued by Sberbank – the main credit institution in Russia and the CIS, and the largest acquirer in Europe.

DLRT, part of the TALL Group of Companies, the UK leader in the provision of secure paper and electronic payment solutions, is celebrating after the business scooped two supplier awards from long-standing client Clydesdale and Yorkshire Banks (CYBG). This was the inaugural year of the Bank’s ‘Spotlight’ awards that are designed to recognise the contribution of key partners across its supply chain.

Abacus Group, a leading provider of hosted IT solutions and application hosting for alternative investment firms, has been recognized as the winner of “Best Technology-Overall” at the 2018 Alt Credit European Services Awards which took place in London on 31^st October.

Global capital markets are advancing at a staggering pace. While increasing regulation has been the major driving force of change in the past decade, rapid technological advances have also contributed to the rewiring of the marketplace. As capital market firms pour time and money into upgrading their capabilities in front office revenue-generating activities, post-trade operations that constitute the backbone of the financial system have often been overlooked. 

Digital banking alternative, Revolut, has selected Exasol’s in-memory database as the central data repository for its organisation-wide data analytics requirements. One of the fastest growing FinTech businesses in the world, Revolut has adopted data-driven decision making, and has chosen Exasol to provide comprehensive and up to date data to every employee from its data science team to business heads to frontline staff.

After marking the global landscape, Mumbai is ready to host the prestigious World AI Show in its first ever edition, expanding its footprints in the Indian sub-continent.