What a difference twelve months can make. Industry conversations at 2014’s Mobey Day, (Mobey Forum’s annual open conference for all mobile money stakeholders) told of an industry undergoing major disruption. Just twelve months later toward the end of 2015, the industry vibe had changed almost beyond recognition, particularly in the mobile payments arena. Consternation, hesitancy and all-out frustration had given way to optimism. Last year’s disruptions have become this year’s tools of liberation, enabling banks, finally, to make progress.
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Chubb today announced a number of new distribution appointments with immediate effect. This follows the recent appointments, previously announced:
Fidessa group plc (LSE: FDSA) today announced that RHB Investment Bank (RHB), a premier Malaysian bank, has implemented Fidessa as its strategic trading platform across Asia.
The platform, managed by Fidessa throughout the region, provides advanced capabilities including algorithmic trading across all member markets, intelligent IOIs and a centralised order management system with integrated middle-office supporting RHB's growing regional business.
Being under the regulatory spotlight highlighted major shortcomings in visibility and accountability for financial services. As the industry strives to better communicate customer needs, business values to staff, and encourage a more open and honest approach from leadership, having a strong and united internal communications strategy has never been more crucial.
In a financial industry that keeps growing more complex and challenging, holistic solutions for managing high-quality reference data have become a competitive advantage for leading firms. For most investment banks, the current infrastructure is fragmented and expensive to run and maintain, and data management requirements have far outgrown the effective capacity of existing infrastructure. By outsourcing reference data operations, firms can conserve resources, meet regulatory demands, leverage expertise, access best-practices, increase scalability, and create an enduring cost advantage.
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges, clearing houses and data services, announced today that its subsidiary, Interactive Data Pricing and Reference Data, LLC (Interactive Data), will become the new benchmark index provider for four of Blackrock’s iShares U.S. Treasury Exchange Traded Funds (ETFs): iShares 1-3 Year Treasury Bond ETF (SHY), iShares 3-7 Year Treasury Bond ETF (IEI), iShares 7-10 Year Treasury Bond ETF (IEF) and iShares 20+ Year Treasury Bond ETF (TLT). Known as the ICE U.S.
There is a widespread perception in the market that alternative finance is disruptive thanks to its burst onto the scene around 2011. But the industry has matured since its infancy, experiencing rapid growth, and many now consider it no longer to be ‘alternative’. Smart organisations are placing the SME at the heart of the decisions they make and positioning themselves as part of the wider invoice finance market.
Bloomberg has announced its “Bloomberg Business Innovators” list, naming Cambridge Quantum Computing (CQCL) as one of the breakthrough businesses that is has identified in its inaugural 2016 group of innovators that will change the way we live and work.
An expert judging panel convened by Bloomberg, comprising leaders of finance, technology, social enterprise and fast growth sectors, selected CQCL for inclusion as one of the top 50 companies.
Banco Santander´s Board of Directors agreed to the appointment of J. Peter Jackson as new head of the Group´s Innovation area.