Trunomi, provider of customer consent management and permissioned personal data sharing technology, today announces it has raised $3 million in seed funding.

Extended Remit

The update to the Markets in Financial Instruments Directive (MiFID II) builds on the rules already in place to reflect developments in the trading environment since the implementation of MiFID in 2007 and, in light of the financial crisis, is designed to improve the functioning of financial markets, increasing efficiency, resiliency and transparency.

OpenLink, the global leader in trading and risk management solutions for the energy, commodities, corporate and financial services industries, today announced that it has been voted as the top technology vendor for commodities derivatives pricing and risk analytics and commodities trading systems (front to back office) in the Asia Risk 2016 Technology Rankings.

The Asia Risk rankings are voted on by users of technology services for banks and corporates based in Asia and run by Risk magazine, Incisive Media’s flagship financial management title.

Established UK contractors are set to benefit from an innovative new accountancy services package launched by cloud software pioneer FreeAgent and leading accountancy and back office services provider - Anderson Group.    

IBM today announced that Clarient Global LLC (“Clarient”), a joint venture established to transform client data and document management in the financial services industry, has selected VMware Cloud Foundation on IBM Cloud to continue t

GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions for the securities and investment management industry, is working with CAD IT, a software & services company listed in the STAR segment of Borsa Italiana, to integrate the GoldenSource EDM with CAD IT’s Area Finanza platform.

Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, has been selected by Desjardins Group, the leading Canadian cooperative financial group, to deliver a new investment fund accounting platform hosted on Eagle’s secure private cloud, Eagle ACCESS(SM).

Desjardins decided to replace its legacy mutual fund accounting platform with a modern system to support several new initiatives and facilitate both top- and bottom-line growth.

There’s no disputing that the UK is the firm leader of the fintech sector in Europe. Funding for firms in the industry in this country outpaced that of Germany by a staggering 398% last year. In fact, investors pumped £550 million in to UK fintech companies in 2015. It’s easy to see the sector’s appeal; the fintech industry generated around £6.6 billion for the UK economy in 2015 and employs 61,000 people in this country.

We couldn’t agree more with Kaspersky Lab’s comments around the importance of protecting your physical biometric data from theft and misuse. Although the security world is desperate for new and improved authentication techniques, Olga Kochetova is absolutely right that physical biometrics have the added persistent risk of lifetime vulnerability attached to the method that other authentication methods simply do not have.

 IBM  announced today that Bank Sohar, one of the leading financial institutions in the Sultanate of Oman, has selected IBM Cloud and mobile to accelerate its digital transformation. This will allow the Bank to enhance its information technology infrastructure, boost its client service capabilities and elevate the overall customer experience.