Equinix, Inc., the global interconnection and data center company, has collaborated with Lloyd's and the Lloyd's Market Association (LMA) to enhance a catastrophe risk modeling platform that could change the face of the insurance industry.

The Oasis Loss Modeling Framework is potentially one of the most radical shake-ups in the catastrophe modeling sector in years. Hosted in Equinix's interconnected insurance ecosystem, it gives insurers in the multi-billion dollar catastrophe insurance market access to a wider range of model providers from around the world.

NSD’s project of developing an e-proxy voting prototype based on blockchain technology has been nominated for the Futures & Options World (FOW) International Awards in the “Best New Technology Product” category. Other nominees in this category include projects from NASDAQ and FinTech companies Symbiont and SETL. The results will be announced 7 December at a London gala.

  Lexmark International, Inc. announced the successful completion of the acquisition by a consortium of investors (Consortium) led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). Under the terms of the merger agreement, which was announced on April 19, 2016, Lexmark shareholders will receive $40.50 per share in cash. Legend Capital Management Co. Ltd. (Legend Capital) is also a member of the Consortium.

Gemalto, the world leader in digital security, has been chosen by Paris Aéroport to supply, install and maintain its Coesys Automated Border Control gates, as part of the French PARAFE program (Automated Fast Track Crossing at External Borders). The solution is based on fingerprint recognition and aims to increase capacity and improve traveler experience. 

Leading live collaboration solutions company unblu will showcase pioneering full suite solution developed specifically for the banking industry.

The showcase will demonstrate how unblu enables banks to create an in person experience for their clients through digital channels. While there are various live collaboration solutions on the market, unblu is the only one offering a full suite solution (including co-browsing, liveView chat, document sharing, chat and video chat all) within an environment secure enough for banks. 

Numerix, the leader in risk technology today announces the immediate availability of Numerix FRTB. Numerix FRTB can help banks transform their front and middle offices to comply with the new Basel III Fundamental Review of the Trading Book (FRTB) market risk framework. The full solution is available now and ready to help banks assess FRTB’s impact on their overall and desk-level capital requirements.

The financial services industry is undergoing significant technological change, and the fund management industry will not be excluded from this. Fund managers, distributors, transfer agents (TAs) and platforms will all need to evolve in order to adjust to these changes and potential disruption. In this paper, we analyse whether these market participants have sufficient technological understanding to deal with the changes that will come, and look at how these firms can learn from other industries about embracing technological disruption.

Pelican, the provider of Intelligent Payments Management (IPM) solutions for Banks and Corporates, reports a 30 percent year on year revenue growth since 2015, reflecting the industry’s desire to see more advanced solutions in the payments arena.