Deutsche Bank today announced plans to open three innovation labs in Berlin, London and Silicon Valley, working with three technology partners: Microsoft in Berlin, HCL in London and IBM in Silicon Valley.

The labs, which will be known as Deutsche Bank Labs, will help the organisation apply new technologies from three global centres of innovation to enhance its products, services and processes. They will also further strengthen the Bank’s ability to innovate, while deepening its relationships with technology start-ups.

In response to the need for health insurance plans in the US to drive down the overall cost of care while improving quality and transparency, SunGard has launched new capabilities for health plans, including outsourcing options for end-to-end claims processing support and business intelligence (BI) dashboards for improved workflow.

Nasdaq and Pico, a provider of multi-asset electronic trading technologies, today announced that Pico will provide market data infrastructure to its clients to access Nasdaq Futures, Inc. (NFX), the exchange group's U.S.-based designated contract market (DCM). Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power, which will launch in mid-2015.

Imagine the setting: 140 years ago, down a dark Dickensian street in the City of London sits a lonely bank clerk at his desk, updating his ledgers by candlelight. This would by no means be the ideal setting for completing such an onerous task: with the lack of proper lighting, mistakes would have been inevitable, and money lost.

Last year VTB Capital knocked Sberbank CIB out of the top spot on the All-Russia Research Team, Institutional Investor's exclusive annual ranking of the nation's best sell-side analysts. This year Sberbank returns the favor.

Calastone, the global funds transaction network, today announced that Schroders, the global asset management company, is now a participant of the Calastone Net Payments Hub, the STP settlement service offering matched netting and the Barclays payments service.

Utrecht, the Netherlands, 2 June 2015 – Starting the 1st of June, customers of businesses and government agencies can pay for products and services using secure digital direct debit mandates (e-Mandates). ING is the first bank in the Netherlands to provide the e-Mandate service for its corporate customers. The e-Mandate service enables organisations to offer payment by direct debit through their websites. Equens, one of Europe’s largest payment providers, will handle the technical processing of these e-Mandates.