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Sumitomo Mitsui Trust Bank (U.S.A.) Adopts DTCC Alert GC Direct To Efficiently Manage Settlement Process

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that Sumitomo Mitsui Trust Bank (U.S.A.) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the ALERT Global Custodian Direct (GC Direct) workflow.

Monday, July 23, 2018 - 09:49
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MPI Adds Advanced Risk Functionality to its Flagship Stylus Pro Fund Analysis Software

New proxy-handling features also allow users to extend analysis for shorter-lived investment products and portfolios

 Markov Processes International (MPI), a leading provider of investment research, technology, analytics and indices for the global investment management industry, today announced the release of Stylus Pro 11.4, the latest version of its flagship investment analytics software.

Monday, July 23, 2018 - 07:31
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Financial IT
6th Edition of BFSI IT Summit

Only a couple of years back, in 2012-13, when Indian banks were garnering innovation, they were looking for information technology tools and solutions to increase incomes, or expand client experience, or cut expenses. Fast forward to 2017, banks are now in hot pursuit of solutions involving robots, computerized records, smartphone applications, and cashless interfaces up and about.

Friday, July 20, 2018 - 11:53
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Financial IT
John McAfee Participates at CoinsBank Blockchain Cruise in September

John McAfee has confirmed his participation in CoinsBank Blockchain Cruise, which will be held during September 7 to 11, 2018.

Despite numerous threats and cancellation at Blockchain conference in Atlantic City, Mr. McAfee is not going to change his plans and will deliver a speech at the Blockchain Cruise organized by CoinsBank.

Friday, July 20, 2018 - 11:50
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Financial IT
Results of Blockchain Conference Georgia 2018

On June 20, for the first time, Tbilisi hosted Blockchain & Bitcoin Conference Georgia organized by Smile-Expo, an international conference dedicated to blockchain, cryptocurrencies and ICO. It brought together entrepreneurs, blockchain developers, investors, lawyers, bankers and public officers. The main issue covered during the event is the prospects of mining and blockchain in the digital economy of Georgia.

Results of the event

Friday, July 20, 2018 - 11:48
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Financial IT
Crypto Currency App Partners with Mexico to Eliminate Corruption and Cost

Coincierge Club, an app that allows users to use crypto currency to pay for goods and services, store value and make instant person to person transfers, has established a partnership with Mexico in hopes to improve the country’s economy by removing corruption and cost.

Coincierge Club established the deal in January of this year, and with the help of ProMexico the company has continued to evolve the partnership. Since joining forces, Concierge Club has created a coin and a website for the project.

Friday, July 20, 2018 - 11:43
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Financial IT
CFOs: Your Global Treasury Teams Are Wasting 5,000 Hours Per Year on Spreadsheets

Global treasury teams are wasting an average of 4,812 hours per year using traditional spreadsheets to manage their cash, payments and accounting operations, according to a new Kyriba survey of 100 plus major brands in the U.S. and Europe.

The biggest Excel time-waster, according to survey participants, was getting the daily global cash position, which sucks an average of 1,296 hours per year, followed by treasury-related accounting tasks (1,176), payment fund transfers (960), cash forecast generation (792), and 588 hours per year for other key tasks.

Friday, July 20, 2018 - 11:07
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Financial IT
The ID Co Unveils Open Banking API Platform

The ID Co. is excited to announce the launch and immediate availability of the Open Banking API Platform with full support for all of the leading UK banks.

Friday, July 20, 2018 - 10:20
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MakeCents Introduces Distributed Blockchain Platform for Payments

MakeCents, an innovative, New York City-based startup focused on developing a novel, scalable, distributed blockchain solution for stable and simple payments, today announced that it has officially launched the testnet of its decentralized platform. 

Friday, July 20, 2018 - 10:13
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Visa Selects 12 Finalists for Sub-Saharan Startup Contest

Leading fintech companies from the dynamic Sub-Sahara Africa (SSA) technology startup community have made it to the finals of Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of tomorrow, further enhance their own product propositions and provide visionary solutions for Visa’s vast network of partners.

Friday, July 20, 2018 - 10:10
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