Moody’s Analytics, a leading provider of credit analytics and data, today announced the launch of the RiskBench™ platform, an innovative solution for benchmarking and analyzing credit portfolios. Credit market participants can use the RiskBench platform to improve monitoring of portfolio risk, to evaluate market expansion opportunities, and to estimate expected credit losses.

Following the referendum result I believed that ‘Brexit’ would be a big blow to the UK’s micro-business sector and I still believe this to be the case.

In the run up to the vote, the overwhelming majority of micro-business owners and freelancers were in favour of the UK remaining in the EU because they didn’t think a ‘Brexit’ would be beneficial for their own businesses or the economy in general.

Tyler Technologies, signed an agreement with San Bernardino County Sheriff’s Department in California for Tyler’s SoftCode™, a complete civil process software suite, to help improve customer service through increased efficiencies and transparency. The agreement is valued at $1.1 million and includes software licenses, related professional services, data conversion and support.

Akana, a leading provider of API Management, API Security, API Analytics and Microservices solutions for Digital Businesses, announced today that it will be joining Barclays Bank to support its upcoming hackathon at Rise in Manchester, UK and Mumbai, Indi

New global research conducted by analyst house* Ovum, reveals that ledger technology is set to become the de facto structure for some capital market infrastructures. But in other areas of financial services, as in other sectors, adoption of the technology will take far longer or it may not be applicable at all.

Wolters Kluwer offers the best global financial services software according to Corporate Visionmagazine. The publication has awarded the firm’s OneSumX suite of solutions its Best International Financial Services Software accolade for 2016 as part of its annual Technology Innovator Awards.

 SIX Securities Services and Clearstream today announced their intention to enter into a partnership with each other to provide services to the Swiss and European markets in the future.

With European financial market infrastructures facing substantially increased costs of regulation and compliance, it has become essential for FMI’s to move towards market consolidation and rationalisation to offset these new challenges. By working together to address these issues, Clearstream and SIX Securities Services are taking a proactive approach together to drive this process.

 The Wirecard Group, a leading supplier of electronic payment and risk management solutions, has entered into a partnership with Commerzbank AG. Wirecard enlarges the portfolio of Commerzbank with easy to integrate online payment solutions for e-commerce, as well as risk management. With this, Commerzbank can offer their business and corporate customers these services in addition to its own portfolio.

There has been much talk about the use of Artificial Intelligence (AI) within financial services to streamline processes and add value, some of which we are already seeing in the form of robo advisors and big data processors.

AI has the potential to solve many issues for the financial providers and corporates – reducing middle and back office administration, for example. In the first of a series of three blogs, I’m going to explore exactly what AI is and how it works in financial services. But first, we need to start with the basics.

The volume of data loaded on the C-level executives intensifies day by day. Most interestingly the enterprises are way more proficient in producing the big data rather than processing and analyzing it. FI Navigator helps financial institutions and fintech vendors to tame the big data beast for greater quality assurance and analytics in their product and service tactics. FI Navigator specializes in the vertical analytics delivering a web based bank data and analytics platform for quantitative market research.