Today’s banks are investing heavily in digital transformation initiatives to make it more convenient for their customers to access their services, from any place, at any time, in whichever way they prefer. While making the transition from legacy retail banking IT systems to the current multi-channel digital environment, banks are also making vigorous efforts to tackle the challenges brought about by ongoing digital customer shifts, market evolutions and the need to meet increasingly demanding user expectations.
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Convergex, an agency-focused global brokerage and trading related services provider, today announced its new Capital Commitment Crossing Algorithm for options facilitation trading.
This innovative algorithm gives liquidity providers a new level of control over how they manage their own exposure as they facilitate block trades on behalf of their options customers.
Intelliflo, the UK’s leading provider of web-based business management software, has made Distribution Technology’s Dynamic Planner tool available through its Intelligent Office (iO) product. The tool gives iO users streamlined access to award winning risk profiling and financial planning software and removes the need for re-keying of data.
Bank of America Merrill Lynch, one of the world’s leading financial institutions, will be a participant of the GMEX Exchange when the exchange launches on 7th August 2015.
Bank of America Merrill Lynch will offer execution and clearing services, for the GMEX products, to its client base.
Lloyds Banking Group and the Cambridge Judge Business School undertook a unique collaboration to look at innovative digital opportunities for the future of banking and our customers.
As part of their MPhil in Management programme, students from the university participated in an intense six-week programme to deepen the understanding of three challenge areas set by Lloyds Banking Group: identity, social and gamification.
SIX and Swisscom are working towards a strategic partnership to establish a Switzerlandwide, universal mobile payment solution in collaboration with banks. The basis for this partnership has been established in May 2015 when SIX, UBS and Zürcher Kantonalbank launched the Paymit payment solution. Paymit will now enter the next phase with the expansion to retail and commerce segments. SIX and Swisscom are confident that this will generate added value for customers and business. Both companies also aim to develop state-of-the-art services to transform the customer shopping experience.
The payment service on Samsung Smart TV was designed from scratch to provide an easy and safe payment experience specifically for the TV. It supports major credit cards, debit cards, PayPal as well as other mobile billing options. The beauty of it is that in most cases, users can complete a payment in just three steps after the initial registration setup. First, choose the item you want to purchase. Then simply press the ‘Pay Now’ button, and enter the PIN (Personal Identification Number). That’s it!
Integro Ltd., an international insurance brokerage and risk management firm, today announced that it has reached an agreement to be acquired by entities affiliated with Odyssey Investment Partners, LLC, positioning Integro for continued growth. Financial details of the investment were not disclosed.
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the second phase expansion of its third International Business ExchangeTM (IBX®) data center in Singapore, known as SG3.
HID Global, a worldwide leader in secure identity solutions, today announced an ultra-thin Polycarbonate (PC) ePrelaminate inlay for electronic ID (e-ID) cards that is more than 30 percent thinner than alternatives.