International risk management and assistance expert, Healix International, has identified six key areas of risk – besides the continued impact of COVID-19 – for global organisations in its 2021 Risk Oracle report.

It has been a year of momentous change and uncertainty – with events having a huge impact on businesses, budgets, and boardrooms. According to Forrester, “The pandemic revealed the flaws of many companies’ technology strategies,” with organisations blindly turning to tech modernisation, simplification, consolidation and “…paralysed by their lack of technological and business maturity” [1].

First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service ‘CLSNet’.

It has been a year of momentous change for the payments industry. Previously emerging trends have seen a massive acceleration as a result of the pandemic. Cash, for instance, waned even further this year amidst rumours that handling cash could spread infection.

SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a leading provider of asset servicing, have entered into an agreement to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies.

XREX (https://www.xr

The Financial Data Exchange (FDX) announced its Fall release this morning which includes a myriad of technical standards and updates to the existing specification that have now been launched into the financial services marketplace, thereby cementing FDX’s position as one of the most comprehensive Open Finance data models in the world today.

The 15 winners of the ninth edition of the Tech Trailblazers Awards – a global awards program focused on enterprise technology startups – were announced today. The program rewards winners in 12 major enterprise technology sectors, identifies one outstanding company entrant from any category, and makes two awards to individual female and male executives who have delivered outstanding innovation or change.

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced its acquisition of Publicis Sapient’s Compliance Management Reporting System (CMRS), which will be integrated with the DTCC Report Hub service to create the industry’s most comprehensive pre and post trade reporting solution. 

Erik Nordahl has been announced as partner and CTO at United Fintech which launched last month to transform banks and fintechs in capital markets.

United Fintech plans to acquire and scale a range of pioneering small to medium sized engineering-led fintech companies, all with a proven capital markets product; and to partner with banks to help them to access and onboard these innovative fintechs.