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Path Solutions Moves Award-winning Banking Technology onto Microsoft Azure to Accelerate Customer Growth

Fintech solution provider, Path Solutions, today announced that it has successfully deployed and tested its latest iMAL R14.1 technology on Azure, Microsoft’s trusted and intelligent cloud. Currently used by over 100 Islamic banks, iMAL is a multi-award-winning core banking and investment platform.

Monday, April 15, 2019 - 11:32
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Path Solutions
Chief Claims Officers from USAA and Esurance reveal the future of Connected Claims

Senior claims officers from two leading insurance carriers, USAA and Esurance, will participate in a live, free webinar, hosted by Insurance Nexus, on the transformative effect of Connected Claims. These leading executives will explore how they expect the new era of connected claims to deliver unprecedented business efficiency and superior customer experience.

Monday, April 15, 2019 - 10:48
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Financial IT
Portabl Picked for Plug And Play’s Insurtech Accelerator Program

Portabl, the insurtech startup designed for freelance, gig and self-employed workers around the world, has been picked by the Plug and Play innovation platform to join its Insurtech Batch of innovative companies.

The accelerator identifies high-potential startups and supports their growth and success through introductions to mentors, potential business partners and investors.

Portabl is designed to provide a new wave of insurance, benefits and savings products for the fast-growing number of freelance, gig and self-employed workers around the world.

Monday, April 15, 2019 - 10:43
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Financial IT
Renovite appoints Rod Bungey as North America Sales Director

Global payments experts Renovite Technologies has appointed Rod Bungey as sales director for its cloud-native testing solution Reno-Test in North America, significantly strengthening the company’s position in the software testing market across the region.

Monday, April 15, 2019 - 10:10
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Financial IT
If you want to go cloud-native, don’t go cloud-native

The FinTech cloud race is in full swing, but the million-dollar question for many is ‘how cloud-native should we go?’.

The answer is not straightforward. And it’s further complicated by the fact that nearly everyone you talk to has a different idea about what cloud-native means. Some people believe it’s all about containers and cross-platform portability, but that excludes serverless approaches. Others assume any application purpose-built for the cloud is inherently cloud-native. But what if it fails to fully exploit the platform’s functionality?

Monday, April 15, 2019 - 09:35
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Financial IT
Mobile application Exscudo Channels adds SEPA/SWIFT support to allow transactions from bank accounts to the app

We are excited to announce that SWIFT and SEPA withdrawals and deposits  have already been implemented and fully functional in the Exscudo  Channels App. The function is available worldwide with the exception of the US and select countries. Thanks to the SEPA and SWIFT support our customers are able to top up their Channels balance by making a bank transfer in Euro, USD or any other fiat currency.

Monday, April 15, 2019 - 09:27
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Financial IT
QuantHouse and ARQA Technologies win ‘Best Alliance or Partnership’ at the 2019 Waters Technology Sell-side Awards

QuantHouse, the leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, today announced that QuantHouse and ARQA Technologies have been awarded ‘Best Alliance or Partnership’ at the 2019 Waters Technology Sell-side Awards.

Monday, April 15, 2019 - 08:09
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Financial IT
KKR Becomes Founding Signatory to Impact Investing Principles in Effort to Create Alignment across Industry

KKR announced that it has become a founding signatory to the Operating Principles for Impact Management, a new market standard for impact investing introduced by the IFC, a member of the World Bank Group. KKR joins 59 other signatories, collectively representing over $350 billion in assets invested for impact, in their commitment to managing their impact investments in accordance with these Principles, which are meant to bring greater transparency, credibility, and discipline to the impact investing market.

Monday, April 15, 2019 - 08:06
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Financial IT
Liquidnet Launches EU Operations in Dublin

Liquidnet, the global institutional investment network, announces that it has launched its EU operations in Dublin. Liquidnet EU Limited (located in Dublin’s International Financial Services Centre), has been authorised by the Central Bank of Ireland as a MiFID II investment firm and MTF operator. This new entity acts as an agency broker, ensuring Liquidnet continues to provide services to its Member community based in the European Economic Area (EEA).

Monday, April 15, 2019 - 08:04
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Financial IT
Sopra Steria to buy a French core banking vendor SAB

Sopra Steria is to acquire fellow French core banking vendor SAB as part of a strategy to turn around its underperforming Banking Software division.

Under the proposed transaction, Sopra Banking Software would initially acquire a majority stake in SAB and the remaining share capital in a year’s time. 

Founded in 1989, SAB has over two hundred references, mostly retail banks. The company generated revenue of €64.4 million in 2018. SAB boasts significant recurring revenue streams: maintenance services and ASP services accounted for 30% and 12% respectively of its 2018 revenue.

Friday, April 12, 2019 - 14:46
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Financial IT

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