IBS Software, one of the leading providers of new generation IT solutions to the global airline industry, has entered into a strategic partnership with ANA Systems (ASY), the IT division of ANA group (ANA), to enhance it's global delivery capabilities for innovative technology solutions for the airline. The five-year partnership agreement marks an important milestone in the decade-long relationship between ANA and IBS Software (IBS).

Linedata, the global solutions provider dedicated to the investment management and credit industries, and Electra Information Systems (Electra), the leading provider of state-of-the-art reconciliation solutions for the asset management industry, today announced the integration of Electra Reconciliation and Linedata Mfact, Linedata’s global fund accounting solution. 

Greenlight Financial Technology, Inc., creator of Greenlight: the smart debit card for kids, today announced $7.5 million in seed financing. 

Each day brings fresh evidence that the traditional UK banking model is under intense pressure, if not actually on the verge of breaking down altogether. At the same time, peer-to-peer (P2P) finance is on the rise, offering investors greater returns on investment and helping borrowers access funds that the banks are increasingly reticent to release. It’s a difficult time for the finance industry and savers alike - a new approach is clearly needed.

Problems facing the sector

With the completion of TBG's acquisition of DTN from Schneider Electric SE for a total consideration of $900 million, TBG plans to fully reinstate the powerhouse DTN brand that has been known and trusted since 1984, and focus on growing the business in both the domestic and international markets.

Hong Kong-based PrivateMarket.io and Symbiont today announced an agreement to build an alternative investment marketplace for closed-end funds using Symbiont’s SmartSecuritiesTM software. Terms were not disclosed.

IPayment Inc., a trusted provider of payment and processing solutions for small and medium-sized businesses (SMBs), announced the launch of Expinet™, the Company’s new payment gateway. 

Hong Kong Science and Technology Parks Corporation (HKSTP) and Hong Kong Exchanges and Clearing Limited (HKEX) today jointly announced the launch of their Road to IPO platform, a move that further strengthens Hong Kong as a technology investment hub.