Deal complements ITRS’ existing real-time monitoring and investigation technology, meeting customer demand to prevent outages and reduce costs

ITRS Group, the leading provider of real-time monitoring and IT operations analytics, has announced it has acquired capacity management firm, Sumerian. The move comes after a successful nine-month partnership with Sumerian and the development of ITRS Insights Capacity Planner.

Business payment innovator, Modulr, is today announcing that it has joined Innovate Finance, the membership association for the global fintech sector, which is supported by the City of London and Broadgate.

Bank of Montreal (BMO), a Canadian financial services leader for more than 200 years, hosted Artificial Intelligence (AI) and tech professionals from Canada and Hong Kong to unveil innovative AI technology and applications.

After nine years serving in senior positions in Nordea, Head of Personal Banking Sweden and Country Senior Executive Sweden, Anna Storåkers has decided to leave Nordea.

“After many great years at Nordea and in my mid-career phase, I have decided that it is time for me to think about the next phase of my career. This is a personal decision. I will stay in Nordea over the coming months to ensure a smooth transition”, says Anna Storåkers.

Digital-first direct banks outperforming the top 50 global banks on key performance metrics including privacy, security and problem solving

 Mobile now considered the main branch for banking for anyone under the age of 53

Direct bank users three times more likely to trust a technology company to provide a financial mobile app over their bank

Fujitsu Laboratories of Europe has become one of the founding partners of the recently launched 

Red Deer, a financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that Close Brothers Asset Management, a leading wealth manager, has improved its MiFID II processes by implementing Red Deer’s Research Management solution to better manage its research budgets and enforce stricter controls around inducement across its investment business. 

Crypto Facilities, a world-leading cryptocurrency trading platform and index provider, today announced the appointment of Sui Chung to lead its index and pricing products business.

If trade finance, securities settlements and loans get increasingly processed on DLT, then at what point, will we witness that a substantial part of the corporate and investment banking business has transformed? 

How Transformational Change rolls out 

New technology in itself does not directly disrupt an industry. Changes induced by it must first break the market balances and move the goal posts by passing on new value to the end customers. 

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and KPMG Lower Gulf Limited “KPMG LG” are pleased to launch the second edition of FinTech Abu Dhabi Innovation Challenge (the Challenge) and push ahead with efforts to drive innovation in the financial services industry.