This morning I attended a panel debate discussing how market infrastructures should approach innovation now that the industry is re-shaping itself post crisis. As it stands, there are still several precedents in place that serve as barriers to innovation within market infrastructures – but now, these barriers are slowly coming down and the question being asked is whether market infrastructures can, given the opportunity, be truly innovative.

 Banks are struggling to embrace and keep pace with digital disruption driven by changing customer expectations and a new generation of fintechs and other brands flooding the financial services market. Oracle is helping banks to deliver on their digital strategies including launch new digital brands, digitize processes, modernize digital experiences and launch new innovative digital capability, mobile payments and digital wallets.

CGI (NYSE: GIB) (TSX: GIB.A) today announced a new teaming agreement with San Francisco-based Ripple to bring innovative distributed financial technology capabilities to the CGI payments solutions portfolio.

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its Know Your Third Party (KY3P™) service hosted by Dell Cloud Services. KY3P™ is the first centralised, cloud based data hub that simplifies and standardises third party risk management processes focusing on vendor due diligence and ongoing monitoring.

SurPaaS® from Corent Technology was announced as the 2015 recipient of the Outstanding Cloud/SaaS/Web Platform award at the Tech Alliance 22nd Annual High-Tech Innovation Awards gala dinner, held on October 8 at the Westin South Coast Plaza in Costa Mesa, California.

SurPaaS® provides rapid and intelligent migration of conventional software applications to the cloud. Whether an application was "born on the Cloud" or used SurPaaS to migrate to the Cloud, SurPaaS rapidly transforms it into a fully instrumented SaaS, on any cloud, without any programing.

Objectway (www.objectway.com), a leading provider of software and services to the EMEA investment management industry, announced that it has successfully implemented its Conectus self-directed investment solution at Belgium-based TreeTop Asset Management Belgium, completing the go-live phase of the project.

The TREETOP ONLINE solution enables clients to self-engage via a digital onboarding process, invest in Tree Top funds and monitor their investments and portfolio performance in real time and on any device.

BankWorld designed by CR2 will enable Ameriabank to offer banking solutions available 24/7 via the self-service channels including the ATM and Kiosk network as well as the Internet and Mobile Banking channels.

This will be a new world in the Armenian financial market as all remote banking channels will be unified in a single platform providing clients with maximum convenience and standardising access to all services via any remote banking channel.

Access Bank, issued with its first banking licence in 1988, is currently ranked as one of Africa’s top 20 banks. With 5 million retail customers and over 1,500 ATMs, Access Bank understands the importance of the self-service channels in supporting Nigeria’s retail banking growth. As such, they sought a solution which would allow them to launch the right product, in the right place, at the right time which can only be achieved through a true omnichannel approach.

Misys, the leading financial software company, has launched a dedicated payment risk management solution, FusionBanking Payment Insulator, to help banks reduce the risks and costs associated with bank payment infrastructure today. The solution enables financial institutions to gain control and visibility of enterprise payments and deal with the impacts of market events, daily compliance demands, scheme changes and the cost of maintaining ageing payment systems more quickly.

 InvestCloud, Inc, a provider of cloud-based front and middle-office solutions focused on digitizing customer experiences and internal operations for global investment advisors, today announced it has raised $45 million in growth equity funding. The round was led by FTV Capital and will be used to further invest in the company’s state-of-the-art platform and functionality, enhance customer service, and expand the company’s global footprint. Richard Garman, FTV Capital managing partner, has joined InvestCloud’s board of directors.