Financial Software Systems (FSS), a global leader in payments technology and transaction processing, announced a strategic partnership with Just In Time Group (JIT), a systems integrator with over two decades of experience, to expand its market footprint in Sri Lanka. As part of the partnership, JIT would provide regional banking know-how, system integration skills, post-sales support and overall project coordination for successful implementation of FSS products. This would enable banks and payment service providers to rapidly bring innovative payment solutions to the market. 

As ultra-high-net-worth individuals accumulate more assets and wealth, financial confusion and disorganization can grow. SEI (NASDAQ:SEIC) Private Wealth Management today announced expanded technological features to its client dashboard, organizing clients’ personal financial information and helping them make better wealth management decisions.  

In today’s digital world no one is safe. In fact, the bigger you are – the harder you fall. Reputations can be made or broken in a day, social media has given the world a voice and what this means is that there is nowhere to hide. Not only that, but increased competition and heightened political and economic pressure has meant that the authorities have less patience and more power. Whilst the impact of a large corporate failing is widespread and often felt worse at an individual level, the truth is, the corporate playing field is evening out – and this has to be positive.

Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, today announces that it has signed an agreement to acquire a majority stake in Small World Financial Services (“Small World” or “the Company”), a leading international, UK-headquartered, multi-channel, cross-border payment service provider.

F1F9, one of the UK’s most successful spreadsheet modelling and training companies, has partnered with ClusterSeven, the leading global supplier of strategic spreadsheet management software, to offer an extended model review service to its customers.

Barings Alternative Investments, part of Barings LLC, one of the world's leading financial services firms, announced today the expansion of its aircraft leasing platform on behalf of the firm's institutional fund clients through Genesis Aircraft Services Limited. To facilitate new aircraft acquisitions on behalf of Barings' clients, Genesis will increase existing capabilities to now include all commercial, technical, portfolio and legal management functions required of a full-service premier owner and lessor of commercial aircraft.

Travelex today announced that it is hosting a landmark event on the future implications of Open Banking, titled “Open Banking: Innovation Disguised as Regulation”. The event will take place from 6pm on the 28^th March at the National Theatre. The event will explore how Open Banking is expected to change the financial services landscape by hearing from companies that will potentially have the largest transformative effect.

Cinnober is pleased to announce that it has appointed Hans Sjöberg as new Chief Technology Officer (CTO) and Taraneh Derayati as new Head of Sales. 

Close on the heels of the collapse of construction giant Carillion Plc, Conviviality is yet another company that is now on the verge of bankruptcy due to spreadsheet error.  With 60 per cent wiped off its stock market value, the company is scrambling to raise £125 million or potentially go bust. Material discrepancies in the financial forecasts caused by spreadsheet error is a major cause of the problem that this UK drinks retailer finds itself in.