Sopra Steria, a European leader in digital transformation, has today announced a new digital partnership with ‘The Services Family’, a UK military challenger bank being developed by The Services Family Ltd (TSFL). Sopra Steria will provide the digital expertise and solutions to help build the bank and bring ‘The Services Family’ to the UK market.

Since June, Deutsche Börse Managed Services provides the IT infrastructure for the trading platform of German private bank Donner & Reuschel. These services enable a seamless connection to the trading platforms Xetra and Eurex. The Managed Services form part of Deutsche Börse’s Infrastructure Services offer, which comprises licensing, hosting and maintenance of Deutsche Börse applications and infrastructure elements to external clients.

Wolters Kluwer reports the opening of its office in Jakarta. Addressing the increasing needs of an evolving financial sector, the office will provide professional services, project support and training, and strengthen our base within the country.

Fenergo, the leading provider of Client Lifecycle Management solutions, has today announced the launch of an enhanced version of its Fenergo Tax Compliance solutions with richer rules content, remediation and reporting functionality to reduce operational overheads and improve global compliance with tax regulations.

Fenergo’s Tax Compliance suite provides a rules-driven process to identify reportable accounts and perform due diligence for every client and account, providing data capture and classification obligations for CRS and FATCA.

SWIFT announces the launch of KYC Adverse Media, a news service integrated into its KYC Registry, a centralised repository that maintains a standardised set of information about financial institutions required for KYC compliance. In partnership with Dow Jones, SWIFT  will now make high-quality Dow Jones Risk & Compliance data available to the more than 2,500 correspondent banks and funds players that are already using The KYC Registry as part of their know your customer compliance programmes.

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that FirstRand Bank Limited (London Branch) has gone live on its solution for the production and submission of the statistical reports required by the Bank of England (BOE).

AxiomSL’s solution has been recognized by the BOE since 2004. It supports all aspects of reporting to the regulator, from the aggregation and cleansing of data to the population of templates and submission of completed reports via the Online Statistical Collection Application (OSCA).

Over the past decade we have seen a marked shift in how we as a global society wish to interact. No longer do you have to rent specialist holiday homes from a travel agent, you don’t have to call a cab and the days of the car boot sale are numbered. The rise of the sharing economy has completely changed how we do things and the evidence suggests that these new behaviours of share and share alike are on the rise thanks to a myriad of electronic platforms allowing us to interact with people we would never have even said hello to before let alone shared our homes or cars with.

The European Stability Mechanism (ESM) has appointed Pierre-Henri Floquet to the position of Head of Asset & Liability Management (ALM) and Lending. Since 2014, Mr Floquet had been working as Senior Banking Expert at the ESM.