Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that it has signed a deal to provide FirstOntario Credit Union with its award-winning core banking system, T24, and its business intelligence solution, Insight. FirstOntario is one of the 20 largest credit unions in Canada, 50% of which already use Temenos’ business intelligence suite.
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A survey conducted by Compass Plus, an international provider of innovative retail banking and electronic payments software to financial institutions and processors, has revealed that the age of the consumer plays a significant role when making financial decisions.
The survey, in which 650 UK residents answered questions about their banking and payments habits, found that behaviours vary between age groups in both their preferences towards certain channels and the levels of trust around using these different payment types.
From this month, Lloyds Banking Group is introducing a new service to allow customers to provide their identification documents and likeness to those documents remotely using a camera enabled computer, mobile or tablet. The Group will be the first major UK bank to roll out the new service meaning that on the occasions when identification documents are required as part on an online application, customers can provide these without needing to visit a branch.
Bravura’s Babel STP messaging technology, is an automated end-to-end solution which connects message providers with any distributor platform and transfer agency back office system, providing seamless communication and functionality.
Investment Café is an industry-leading, hosted investor portal, offering a broad set of functionality that GPs can leverage to better service and better communicate with investors. Investment Café is an advanced investor reporting and communication system. Investors securely login with any web browser, and as soon as the GP has posted it, can access fund information made available by the GP. As a SaaS solution, the headaches of managing the portal technology are taken away, with Investment Café, allowing you to focus on your business.
FrontPM provides a complete solution that allows middle-office teams to monitor their alternative assets in an easy, efficient and fully auditable manner. FrontPM is targeted towards the Finance (Middle-Office) department and Deal teams at Private Equity GPs.
The key benefits of FrontPM are:
• Greater accuracy and auditability of portfolio data,analyses, reports, and dashboards
• Greater security of portfolio data, analyses, reports and dashboards
FrontInvest centralizes teams and procedures around a fully web-based common information system, thereby rendering data reliable and manageable. With integrated capabilities for investor management, portfolio management and monitoring, and fund management, or investment deal flow, portfolio monitoring and analysis, and dashboard reporting, FrontInvest solutions adapt to the day-to day lives of GPs, Fund Administrators and LPs, enabling them to run their businesses more efficiently and gain exposure and performance insights like never before.
FrontGP is a complete offering for General Partners, providing best-of-breed, front-to back-office solution for clients with all but the most challenging requirements, in a package that is fast, easy and flexible to deploy. The next evolution of the AnalytX platform, FrontGP offers General Partners of all sizes and levels of sophistication the capabilities they need to automate their operations.
Last December ARQA Technologies’ RISQ solutions family was extended to include a new product designed for OS Linux in its Red Hat version.