CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today that the firm had won the award for Best Buy-Side Collateral Management Tool at the 13^th annual Buy-Side Technology Awards, hosted by WatersTechnology on Friday, 1 November, in London.  This is the company’s fourth win in the category in the past five years.

Around the UK, alarm is growing from a belief that robots are taking away jobs. This fear is misplaced. From the steam-powered cotton mills of the industrial revolution to the rise of ATMs in the 1970s, there is little evidence to support the theory that mass unemployment arises from introducing robotic processes, because new kinds of jobs always arise.

Solactive is pleased to announce the addition of a new senior position to its organization. Peter Diel joined the firm as Head of Product Development on November 1^st, 2019, running Solactive’s index development departments. The appointment runs alongside further alignments of responsibilities, while the company keeps evolving its business and organization.

Businesses pay their smallest suppliers 30 days later than their bigger suppliers. Data released today by Previse, the fintech that uses AI to get suppliers paid instantly, shows the extent to which the problem of slow payments is concentrated among small suppliers, a fact which public payments reporting fails to highlight.

Applied Risk, specialist in industrial cyber security for critical infrastructure, has been accredited by internationally-recognised professional certification board CREST for its Operational Technology (OT) Penetration Testing services.

 
CREST supports the technical information security industry, providing accreditation for technical security services and professional-level certifications for individuals that provide penetration testing, cyber incident response, threat intelligence and security operations centre services.

MoonX today announced the launch of its new trading technology in the UK, offering a full suite of financial software and hardware systems for exchanges, brokerages, hedge funds, financial institutions and traders.

Finastra today unveiled Fusion Treasury Essential – a packaged solution designed for smaller banks that don’t already have a dedicated treasury system, but are looking to automate and modernize the treasury function.

New research  from JGOO, the next generation mobile payments platform, reveals that of those companies currently marketing goods and services in China, 67% say sales in this market have grown over the past 12 months.  Furthermore, for those that don’t trade with the world’s second largest economy, one in five companies (20%) are now considering doing this.

Over the next five years, the findings reveal that 40% of British businesses think that the Chinese market will become important for the companies they work for.

ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the Oracle PartnerNetwork (OPN),  announced the adoption of the latest Oracle technologies for production use-cases in the banking sector.