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Central Bank of Lesotho Selects Intellect Design Arena

Today Intellect Design Arena Ltd, a digital technology product provider across Banking and Insurance, revealed the successful rollout of Intellect Quantum Central Banking Solution at the Central Bank of Lesotho. 

The key highlight was an accelerated implementation with zero errors during migration despite complex integration with multiple external interfaces.

Friday, April 21, 2017 - 04:53
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Financial IT
FutureTech Congress: International Meeting of Insurtech, Fintech and Big Data to Be Held This May in Warsaw

FutureTech Congress is one of the most important business summits in Central and Eastern Europe  addressing top trends in the fintech, insurtech and big data industries. The first edition of the congress will be held on 24th and 25th of May in Warsaw. During two days of debates experts from all over the world will discuss how digitalization, technology and business innovations are changing the financial services, insurance and data industry, in effect impacting the overall business landscape in Poland and the region.

Thursday, April 20, 2017 - 14:32
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IndusInd Bank Wins Celent Model Bank of the Year Award For Growing Revenue While Managing Fraud; Endorsement of Clari5’s ‘Yin & Yang’ Approach to Fraud Management and Cross-sell

IndusInd Bank has won the Celent Model Bank 2017 Global Award for Fraud Management and Cybersecurity for driving a unique initiative, namely how to leverage the investments in fraud management to pay for itself. In the innovation, IndusInd Bank not only implemented the real-time enterprise wide cross-channel fraud and AML management platform, but also began reusing in-memory data to offer simultaneous real-time cross-sell and upsell.

Thursday, April 20, 2017 - 14:26
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Mastercard Reveals Next Generation Biometric Card

Mastercard today unveiled the next generation biometric card, combining chip technology with fingerprints to conveniently and safely verify the cardholder’s identity for in-store purchases.

South Africa is the first market to test the evolved technology, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa.

Thursday, April 20, 2017 - 13:23
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Security and Privacy Issues Must Be Addressed by Mastercard

Whilst convenient, very few people realise the potential flaws behind the use of biometric fingerprint scanning technology. Fingerprint readers can easily become compromised by the likes of dirt or due to the nature of fingerprints themselves, which can become altered through blisters, cuts or burns. All of which can be a hindrance for organisations and customers looking to include the authentication method as a single form of authentication. Rather, biometric methods should be used as an additional layer of authentication while making a credit card payment.

Thursday, April 20, 2017 - 13:12
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Smartkarma: Publishing the World’s Highest Investment Research from Mount Everest

Today Smartkarma, the leader in designing online ecosystem for independent investment insight and analytics, announces research published from Mount Everest basecamp using the Smartkarma platform. Dr. Paul M.

Thursday, April 20, 2017 - 11:10
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Financial IT
Timico Appoints Neville Davis as Non-executive Chairman

Today Timico ,the Managed Cloud Service Provider (MCSP), has revealed the appointment of managed IT specialist, Neville Davis, to a new position as Non-executive Chairman.

An entrepreneurial business leader with over 20 years’ experience as a chief executive, including 12 years at a quoted company, Neville has a particularly strong track record in scaling and developing private-equity backed companies, having chaired and grown other tech businesses to in excess of £300 million turnover and 1500 employees.

Thursday, April 20, 2017 - 11:00
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Financial IT
Fidessa Voted Best Sell-side OMS in Markets Choice Awards

Today Fidessa group plc revealed that its sell-side platform has been voted Best Order Management System at the 5th Annual Markets Media and Traders Magazine Markets Choice Awards.

With brokers facing ongoing pressures from the global regulatory agenda, the need to achieve efficiencies whilst containing costs and the increasing demands of their buy-side clients for exceptional levels of execution service, Fidessa's platform continues to prove compelling for firms of all sizes and across asset classes.

Thursday, April 20, 2017 - 10:51
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Financial IT
Growth Street Reaches Over 600 investors in Five Months

Today Growth Street, an alternative business finance platform, announces that more than 600 investors have now chosen to back fast growing, profitable SMEs, since it launched in late 2016.

The strength of the borrower portfolio, along with the innovative risk management approach, has led independent P2P rating service 4thWay to rank Growth Street as one of the lowest risk platforms in the market for individual investors seeking to lend directly to borrowers.

Thursday, April 20, 2017 - 10:42
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Metori Capital Management Collaborates with QuantHouse’s QuantFACTORY To Automate Its Trading

Today QuantHouse, the global provider of advanced trading solutions, announced that Metori Capital Management has selected QuantFACTORY to automate its trading portfolio.

QuantHouse provides end-to-end systematic trading solutions including QuantFEED, its ultra-low latency market data technologies, QuantFACTORY, its algo-trading development framework and QuantLINK, its proximity hosting and order routing services. QuantHouse helps trading venues, hedge funds, market makers, proprietary desks, brokers and sell-side firms achieve optimal trading performance.

Thursday, April 20, 2017 - 10:35
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Financial IT

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