SETL, the London based financial blockchain specialist, has appointed national security expert Martin Clements CMG OBE to its board.  

SETL was launched in July 2015 to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other, facilitating the immediate and final settlement of market transactions.

jClarity, the Java performance tuning specialists, today announced that Rightmove, the UK's largest property portal has selected jClarity to improve the performance of their property search applications. Rightmove will benefit from jClarity’s specialist performance diagnostics engine, machine learning algorithms and expert Java advice to improve their users’ property search experience.

Neptune, the open-standard network for bond pre-trade real-time AXE indications, today announced the addition of Citi and Deutsche Bank to its network. 

The Neptune network provides a venue for dealers to share information with investors on the bonds that they are looking to buy and sell, making it easier for investors to execute bond transactions.

The U.S. Bank AP Optimizer has received the Business Intelligence Group’s BIG Award for Business as 2016 New Product of the Year in the Business Services category. The organization’s annual program rewards companies, products and people that are leading their respective industries.

Analytic software firm FICO announced today that UK short-term lender Lending Stream has built its credit system using the FICO®Decision Management Suite, a platform for developing decision management applications. Lending Stream uses the system during the credit origination process to match credit terms with each applicant's specific risk and repayment ability.

Siemens and Bentley Systems announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. Siemens and Bentley Systems will initially invest at least Euro 50 million in developing joint solutions to enlarge their respective offerings for infrastructure and industry to the benefit of the end-customers.

“Should we display the information of current clients on other banks on our online services?

If we know our customers better using data we can gather regarding their positions in other banks, we will surely be able to offer more competitive financial services. But, if we aggregate other banks’ clients’ information, we would have to allow third parties  to aggregate our own clients. Would this mean a loss of custom and put our current business model at risk?

I have been travelling a good part of 2016 having just returned from Money2020 and recently the UK where Horizn was fortunate to attend an invitation-only European Digital Banking conference near London. While in London a similar question was asked, “Which side are you on?” both the fintech startups and some of the largest banks and smartest minds were in attendance pondering this question.