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IPC, a leading global provider of secure, compliant communications and networking solutions for the global financial markets community, announced today its expansion into the London Metal Exchange (LME), the world centre for industrial metals trading. IPC’s global customer ecosystem utilises its flagship Connexus Cloud platform for trade execution, order routing, market data delivery, and accessing vital marketplaces like LME that serve as a global reference for prices.
QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, is now offering the country code derivation capability of its QuantaVerse Pre-TMS Entity Resolution & Risk Scoring solution for trial. The AI-powered, cloud-based function helps financial institutions struggling to identify potentially risky jurisdictions, or country codes, of transacting parties.
INSTANDA, the leading customer and policy management platform for the insurance industry, has today announced a new European partnership with Softelligence, the European technology and consulting company, to further accelerate the digital transformation of the insurance industry.
The strategic partnership will enable INSTANDA to further expand its global reach and support its mission to drive forward the digital transformation of the whole insurance industry globally.
• White paper released by FinTech firm Paysend, cites Infrastructure, cultural attitudes, and education as the main reasons why 270 million more women than men globally lack financial independence
• Low income countries are particularly impacted by the gender imbalance in financial inclusion countries
• Data from World Bank points to the importance of money transfers for women in poorer socio-economic situations
Cognitive Credit, the UK-based credit analytics software company, is pleased to announce a new alliance that brings best-in-class credit market data from IHS Markit to the Cognitive Credit application. Cognitive Credit currently provides institutional investors with real-time updated fundamental data and financial models generated by its proprietary data extraction technology, along with a suite of data analytics custom-designed for credit investors.
Surecomp, the market leader in global trade finance and treasury solutions for banks and corporations, today announced the launch of its Trade Finance-as-a-Service (TFaaS) suite comprising back-office trade finance management and processing, front-office for banks’ corporate clients, open API connectivity and full access to its Marketplace. The new subscription-based service is fully scalable and offers a cost-effective and holistic solution that allows parties to digitally apply for, track and manage all their trade finance needs.