Axioma, a leading provider of enterprise risk and portfolio management solutions, has entered into an agreement with Sycomore Asset Management, a leading French asset manager with €4.6 billion under management. Sycomore will deploy Axioma Risk, the company’s enterprise-wide risk management solution.

Deploying Axioma Risk will enable Sycomore AM to analyze and understand risks more effectively so that this assessment becomes a dynamic and differentiating part of its investment process.

Path Solutions, a global provider of cutting-edge software solutions for the Islamic financial services industry today announced that the panel of judges for KLIFF Islamic Finance Awards 2016 has selected Path Solutions as a recipient of the ‘Most Outstanding IT Company for Islamic Finance’ award.

For the past 12 editions of KLIFF Islamic Finance Awards, many outstanding individuals and institutions in the field of Islamic finance have been honored and recognized for their contribution and significant efforts in developing the Islamic finance industry.

Legal tech company, LegalZoom UK, have created Legacy, an app slated to “revolutionise the way we think about and plan for our loved ones after our death”. Described as the world’s first ‘digital Will’, Legacy enables users to capture, curate and pass on limitless memories to each of the important people in their lives. Stories and thoughts, special photos and shared moments and nursery drawings from children - Legacy enables all these to be passed on to loved ones, and, in time, onwards through generations.

GLAS, the leading independent provider of finance administration services, has appointed Xavier Poussardin as Head of Capital Markets Business Development (EMEA). He will be responsible for expanding GLAS’ services beyond direct lending and entering new geographies. Xavier’s appointment supports GLAS’ continued growth in the industry. As banks face increased challenges to provide agency and trustee services due to compliance and regulatory requirements, demand for independent firms has increased.

OurCrowd, a global leader in equity crowdfunding, announced today that it has opened an office in Singapore, its seventh worldwide, to serve the growing community of Asian investors interested in funding early stage high-growth companies. It has appointed Denes Ban, a successful entrepreneur and technology executive, as Managing Partner Asia and head of OurCrowd’s Singapore Management company.

Siemens and Bentley Systems announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. Siemens and Bentley Systems will initially invest at least Euro 50 million in developing joint solutions to enlarge their respective offerings for infrastructure and industry to the benefit of the end-customers.

Gemalto, the world leader in digital  security, entered into a Memorandum of Understanding (MoU) with Huawei, the world leading ICT solution provider, to realize the global Internet of Things (IoT) vision of both parties at Huawei Connect, Europe 2016.