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.

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.

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.

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.

Booking a hotel online? A couple of minutes.

Buying an intercontinental flight online? A few minutes.

Buying a wonderful pair of shoes online and getting them delivered to your front door? One day.

Opening a simple bank account online? Weeks! But only if you’re lucky and your bank allows you to open it digitally. Otherwise…

Demand from end users for better ‘User Experience’ and the changing ‘Technology’ landscape have challenged enterprises across domains to constantly reinvent themselves. With changing markets and industry trends, it is imperative for an evolution in solutions that enable process optimization for newer business models, efficient productivity and lower TCO (Total Cost of Ownership).

Today Nasdaq, one of the world's leading providers of technology and services to the capital markets, reported the launch of a venture investment program, Nasdaq Ventures,  dedicated to discovering, investing in and partnering with unique fintech companies worldwide.

Huddlestock, a fintech company based at Level39 in London and Pier X in Oslo, has signed an agreement with its first institutional client, the Icelandic Pension Fund, Sparnaður, based in Reykjavik.

Applications will soon open for Asia-Pacific’s fourth annual FinTech Innovation Lab, Accenture’s (ACN) 12-week program that helps early- and growth-stage fintech companies accelerate product and business development by gaining exposure to top financial institution executives.  

At a time when regulators and investors are demanding that financial institutions focus more attention and resources on risk management, governance and fiduciary responsibilities, the IT systems necessary to efficiently carry out these tasks are under increasing strain and threaten to create an audit headache.