Capgemini and IGATE today announced that they have entered into a definitive merger agreement under which Capgemini will acquire IGATE for a cash consideration of $48 per share. The transaction will amount to $4.0 billion and is expected to be immediately accretive to Capgemini’s normalised Earnings Per Share (EPS)[1].

Trayport today announced the results of its latest market participant survey. The survey was sent to over 50 companies including small and large trading firms and some of the industry's largest utilities.

Capita announces today it has launched Pay360, a new simple and flexible customer payment service, allowing any size of organisation to take card payments how and where they choose. The service is designed to make taking payments simple and easy and works with all face-to-face, online and telephone payment channels to help businesses improve cash flow, enhance customer service and strengthen their proposition; ultimately increasing their competitive edge.

 A comprehensive study published by Omgeo, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the global standard for institutional post-trade efficiency, reveals that 80% of respondents believe T+2 will become the global standard for settlement cycles within 10 years.

At the PayForum event, Sopra Banking Software, a global leader in software and services for banks and financial institutions, has won a PayForum Award 2015 for the multi-service HeliPay platform it jointly developed with Axway.

The overwhelming majority of banks, retailers and billing organisations worldwide are currently investing or planning to invest within the next two years into new payment technologies and infrastructure, a global survey by payments provider ACI and Ovum has revealed. Investment is driven by changing consumer behaviour as well as new market entrants threatening to disintermediate the existing payments supply chain. However, concerns over security as well as increasing choice and complexity are major hurdles when it comes to making investment choices, the research has found.

Xignite, the leading provider of market data cloud solutions for financial services, announced today that it has been named to the AlwaysOn OnFinance Top 100 list of private companies who are defining the future of fintech through their innovative solutions and technologies.

Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things will announce results for the first quarter ended March 31, 2015, on Monday, May 11, 2015, after market close. The Company will hold a conference call for investors and analysts on May 11, 2015, at 4:30 p.m. Eastern Time.

 ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple phone systems and unified communications (UC) solutions, today announced that ShoreTel Mobility is among the first UC applications available for the Apple WatchTM.