With the revised Payment Service Directive (PSD2) on the horizon, banking institutions are increasingly eager to take action - though most have yet to make a move - to get a head start on this new regulation and weather the storm of industry disruption that will no doubt ensue.

Launching on 11th April, the programme will support one individual per academic year with an £8K stipend to support studies. The fintech sector is one of the UK’s fastest growing sectors, adding more than £6.6 billion into the local economy and attracting more than £500 million of investment. Its continued success is closely connected to access to talent, in the short- as well as long-term.

Thomson Reuters has launched QA Point, a cloud-based application that enables asset managers to utilize quantitative approaches in making investing decisions, designed to assist in creating increased productivity, better results, and accelerated internal collaboration among investment professionals. QA Point utilizes a point-and-click interface and access to Thomson Reuters content, all with fast performance. 

The bank has relied on the Avaloq Banking Suite for processing its securities transactions and for fund administration since 2006. It benefits from the modularity of the Avaloq Banking Suite, which enables the seamless implementation of functional enhancements.

The Avaloq Portfolio Management module is to be added to the portfolio management system currently used at Zürcher Kantonalbank. The bank is also planning to use the Avaloq Wealth Advisory module for investment advisory services for third parties.

Since 2015, you could send and receive money on Messenger, but until now, these person-to-person payments have just been possible between two people. Starting today for Android and desktop, you can send or receive money between groups of people on Messenger. It’s free, simple, fast and secure. Whether you’re splitting a restaurant bill or chipping in for a group gift, all you need to do is go to a new or existing Messenger group conversation to get started.

essDOCS reported about its acquisition of TridentGLOBAL Pty Ltd. TridentGLOBAL is a leading export management solution with a customer-base across Australia and the USA.

Dovetail, the provider of payments and liquidity management solutions, expands its sales and account management team and the appointment of Mark Wilson, as Head of EMEA Sales.

5 Successful Use Cases on RPA Implementation

Today Nasdaq, Inc. revealed a new agreement with Hong Kong Exchanges and Clearing Limited (HKEX) to upgrade the technological infrastructure of Hong Kong's main derivatives market, including trading, clearing and real-time risk management technologies. The agreement also extends the existing relationship for an additional five years. HKEX and Nasdaq have been technology partners since 1994.