Investment backers cite huge potential of fresh approach supported by new technology
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FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced its FlexONE trading solution has been chosen by the readership of Intelligent Trading Technology as the Best Buy-Side OMS at their inaugural ITT Awards, which was held in New York City on June 8.
Icon Solutions, a leading provider of technology and instant payments solutions has just announced its expansion into the Hungarian market by partnering with T-Systems Hungary to provide customers with easier, quicker and more manageable access to immediate payments via Icon’s Instant Payments Framework (IPF).
DefenseStorm, a solution that fuses together technology and people to provide co-managed cybersecurity operations for financial institutions, expands its management team by hiring industry veteran, Steve Soukup, as chief revenue officer.
CEPRES, the investment decision network for private markets, today surpassed $10.88 trillion of asset data exchanged between 1000s of LPs and GPs for due diligence. This makes CEPRES the largest investment decision platform for private markets. With 1,000s of institutional clients exchanging transactional investment data on 3,310 funds and 40,228 investments worth $10.88 trillion with revenues of $3.8 trillion – which equates to half the market cap of the NYSE and more revenue than the GDP of Germany!
Highlights:
Lincolnshire-based IT specialist Datcom has rewarded one of its members of staff with an internal promotion. Alex Middleton has been promoted from IT engineer to account manager after joining the company less than two years ago.
In a world defined by its interconnectedness, any mistakes or malevolent activity taking place in the trillion dollar asset management industry will cause ripples of consequence across continents and societies. In the last 30 years, there have been several high profile hedge fund scandals that made it into the mainstream media.
NYMBUS Inc., the core banking modernization company, today announced Florida-based Surety Bank has selected NYMBUS SmartCore to digitally transform its banking operations. Surety Bank chose NYMBUS SmartCore, a cloud-based core platform, to provide single, quality digital experiences for its clients and simplify back-end processes and workflows for its employees. For nearly 90 years, Surety Bank has served the Lake Mary, Deland and Daytona Beach, Fla. communities with a personalized approach to service.