Diasoft, a global provider of cutting-edge financial software solutions, has achieved Fujitsu SELECT Partner status.
Fujitsu is a leading provider of infrastructure solutions across Europe, Middle East, Africa and India regions, as well as in Russia and CIS countries. The company offers a wide range of IT-products, solutions and services – starting from the user licenses up to datacenters, IT-infrastructure management services and IaaS (infrastructure as a service).
OptionsCity Software , a global provider of electronic trading solutions for professional futures and options traders, announced that London-based Spinaris Capital will expand its FX and energy options trading utilizing OptionsCity’s Metro and Freeway platforms.
Situated within OptionsCity’s hosting infrastructure, Spinaris Capital will trade on CME and Eurex using a combination of Metro, the company’s flagship trading and risk management platform, and Freeway, its multi-asset automated trading solution.
MasterCard (NYSE: MA) today announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd., (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software solutions and processing services for electronic payment and card systems. MasterCard previously had a minority investment in ECS. This transaction is anticipated to close in the second quarter of 2014.
Technological change has resulted in treasurers being able to perform their traditional roles much more efficiently. Globalization has allowed treasury to be managed from a single location across even the most complex multinational corporations. Tasks which used to take days can now be performed within minutes or a few hours. This means treasurers have more time to contribute to their organizations beyond their primary areas of responsibility.
Building on its success, Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor and a global leader in IT supply-chain and mobile device lifecycle services, today announced an expanded relationship under its U.S. distribution agreement with SAP America, Inc. (NYSE: SAP), a market leader in enterprise application software. The expanded relationship marks a significant milestone in Ingram Micro's existing distribution agreement with SAP in the U.S. and is being spearheaded by Ingram Micro's Advanced Computing Division with support from Ingram Micro's HP Business Unit.
Banking analytics, risk and compliance pioneer, iCreate, today announced a strategic partnership with tax information reporting leader, Convey Compliance Systems, Inc., to help global banks accelerate their FATCA compliance initiatives.
OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that users of its flagship Metro trading platform will now have direct access to the OptionsCity Algo Store. The Algo Store was created to provide customers with a marketplace to buy and sell algorithms for trading futures and options. OptionsCity offers this enhancement through Metro Link, a tool that allows traders to run algorithms purchased in the Algo Store within Metro.
The Banking sector is renowned for the volume and velocity of Data it generates, transmits and stores. Given the recent financial crises and the subsequent regulatory pressures, the cost of IT has grown exponentially for not just the banking organisation on the whole but even at a divisional level.
In the previous edition of Financial IT, we observed that change in the global financial system is being driven by innovation which, in turn is being driven by technology. We also explained how the technology revolves around the adoption of the standards which underpin the world’s financial services infrastructure. In short, our discussion of change focused mainly on a question which can be summarised in one word: Why? In this edition, we look at change by focusing on a different question, but one that may also be summarised in one word: Who?
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