Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high performance technology, has hired five experienced professionals to lead its drive to re-engineer the FX market.

Post-trade FX is currently riddled with complex legacy systems and manual processes, creating unnecessary cost and risk across the market. The new hires bring a wealth of FX experience to the company and will play an important role in the rollout of Cobalt’s shared infrastructure which optimises risk management and slashes cost by up to 80%.

VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, announced the launch of Wings, an all new, flexible and comprehensive core processing system built on advanced browser-based technologies.  

As part of the Token 2049 event, the Ethereum Supermeetup 2019 is the first of its kind held at the luxurious Kerry Hotel in Hongkong last March 13-14. People need to know what the future of Ethereum’s development would look like.

Token 2049 is one of the biggest crypto and blockchain conferences held in Hongkong. Several crypto companies and startups from various countries gathered together for this annual blockchain event.

Oulu-based IoT and product development company 

Finnish cyber security company F-Secure continues to receive market recognition for their solutions, with the current win being a first for the company. The latest accolade is the Professional User Rating: Security Solutions 2019 (PUR-S) Champion Award given for Radar by German research and analyst firm Techconsult. 

InstaReM, Asia’s only digital cross-border payments company with a global presence in over 50 countries, announced the close of its US$ 41 million Series C funding round in Singapore. The company’s spectacular growth has attracted an additional US$ 20 million investment in Series C round, led by Singapore-based Vertex Growth Fund (VGF) and supported by new investor, Atinum Investment, a leading Venture Capital investor from South Korea.

Lexmark International, Inc. a global imaging solutions leader, today announced that Premier League football club, Fulham FC has selected a solution from Lexmark and Workflow to create a stable and reliable print infrastructure to drive cost savings, improve security and reduce the club’s environmental footprint.

The Fulham FC administrative organisation sees a significant peak in print demand every two weeks when, Fulham FC’s Craven Cottage stadium plays host to up to 25,700 fans.

Mactavish, the UK’s leading expert on insurance governance, has challenged insurers and brokers to guarantee that eight common flaws it has identified in policies will never be used as reasons to refuse pay-outs on cyber insurance claims.

Several insurers and brokers have denied that the flaws – discovered by Mactavish in analysis of dozens of ‘off-the-shelf’ cyber insurance policies - even exist. 

MoneyNetint, one of London’s leading electronic money institutions, is launching PayTicket, an easy-to-use payment service for foreign motorists who receive tickets while traveling.

Objectway, a leader in the Digital Wealth, Investment & Asset Management sector, is one of the 500 Italian companies included in the Top 500 Champions ranking by the ItalyPost Research Centre and in collaboration with “L’Economia”, economic magazine of the Italian daily newspaper Corriere della Sera.