Despite of a locally unpopular referendum outcome released, last June, the business society of Gibraltar is striving forward. Recent studies reveal that 90% of Gibraltar’s business and services in the EU single market is conducted with the UK, thus investors on the Rock stay positive regarding economic growth.

Financial IT speaks with Pete Atkinson, VP of EbankIT at Finovate Europe 2017 

Celtic Bank is pleased to report that Patrick Phillips has joined as a Vice President, Business Development in the bank's SBA and Commercial Lending Department. Patrick will be responsible for New Mexico and will run markets across all 50 states.

Euronext announces that the Supervisory Board has approved unanimously the appointment of Paulo Rodrigues da Silva as CEO of Euronext Lisbon, CEO of Interbolsa and member of the Managing Board of Euronext N.V., pending all relevant shareholder and regulatory approvals.

 After being the first Chinese bank to stream spot CNH price during Asian time zone, ICBC (Asia) is now the first Chinese bank to initiate a 24 hour price streaming on Thomson Reuters platform FXall via Electronic Trading (ET). The move supports increasing demand from clients of ICBC (Asia) to price CNH across Asia as well as facilitate the development and liquidity of the offshore CNH market.

Abacus Group

Tom Cole, Director – EMEA, Abacus Group

Hedge funds were glad to see 2016 come to a close.  While the year ended on an up-note, overall 2016 saw the greatest amount of asset out-flows and fund closures since 2009.  As new capital returns, investors are looking for improvements with respect to operational capabilities and investment management processes. 

By Mike Feldwick, Head of UK & Ireland at Tinubu Square

Uncertainty is the watchword for the times we are living in right now. The implications of the UK’s exit from the European Union, the recent inauguration of a new and controversial US President and the fluctuations of the currency are just three of many factors that combine to create a changeable business environment.

Maurizio Canton, EMEA CTO, TIBCO Software

While financial services has traditionally been considered cautious in its adoption of new technology, the case for Application Programming Interfaces (APIs) is certainly growing in strength. 

By Mark Aldred, Head of International sales, Auriga

Bank branch closures are a frequent news item here in the UK, but they don’t necessarily herald the death of the bank branch. The trend reflects more on how customer behaviours and their requirements for banking services are changing. There is still a strong need for banks to have and evolve their bricks and mortar presence. The key is how can banks make branches part of their omnichannel strategy for improved customer service experience.