A recent survey released by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has revealed that 44% of buy-side asset managers are relying on mostly or completely manual processes for managing complex swaps across the investment lifecycle. And more than 50% claim they still require some amount of manual intervention in a semi-automated process.
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SimCorp Survey Reveals the Majority of Buy-Side Firms Are Processing Complex Swaps Manually
Wednesday, August 26, 2015 - 11:14
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EagleEye Analytics Selected by Zurich Insurance Group for Trial Project
EagleEye Analytics, provider of the most advanced machine learning predictive analytics technology for insurance, has been selected by Zurich Insurance Company Ltd. to conduct a 14 month trial of EagleEye's Talon Predictive Analytics System for its global advanced analytics initiative.
In an earlier Proof of Concept project, EagleEye worked with Zurich modelers in Brazil and Italy to prove the superiority of EagleEye's machine learning algorithms and analytics methodologies, as well as the usability of the Talon Predictive Analytics System.
Wednesday, August 26, 2015 - 11:09
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Intelliflo delivers ‘need for speed’ enhancement with SanDisk’s Fusion ioMemory PCIe application accelerators
Intelliflo, the UK’s leading provider of web-based business management software, has invested in an enhancement to its Intelligent Office (iO) service that is delivering a 50 percent improvement in page response times for the majority of its 12,600 users.
The enhancement, which went live in June 2015, combines key innovations from the latest Microsoft database technology with flash-based, Fusion ioMemory™ PCIe application accelerators to increase application performance and thereby customer satisfaction.
Wednesday, August 26, 2015 - 10:59
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Can new banks keep up with old banks (Part Two)?
In part one I talked about bank systems, structures and people holding back innovation due to their legacy, and asked whether legacy structures could be migrated fast enough to keep up with the new guys?
The answer to that question is yes, because banks also have legacy customers.
Tuesday, August 25, 2015 - 13:18
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Can old banks keep up with new banks?
It’s interesting reflecting on my blog earlier this week from Blythe Masters speech on blockchain. She mentioned the friction between the old system that works and the new system that’s being built, and how the two have to work together. You have to migrate the old with minimum risk to the new, and the new needs to be built in such a way as to allow the old to catch up as a result.
Tuesday, August 25, 2015 - 13:10
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First State Bank of Rice Secures Data and Customer Trust with ZixCorp’s Full Suite of Email Data Protection Solutions
Zix Corporation (ZixCorp), (Nasdaq: ZIXI), a leader in email data protection, announced that
Tuesday, August 25, 2015 - 12:52
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FIME to launch testing tool for online payment terminals
In a move which will assist EMV® payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has today launched its EVAL 4dev cloud-based service.
A breakthrough in the testing world, this online service enables users to validate EMV Level 2 payment terminal kernels throughout the development phase 24/7 and from any location.
Tuesday, August 25, 2015 - 12:23
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SunGard Cloud Recognized in 2015 Waters Rankings
With the growth of its financial services cloud, SunGard has been recognized as the “Best Data Center Provider” by the readers of Waters magazine in the 2015 Waters Rankings. Voters selected SunGard for its ability to help customers standardize costs associated with facilities, hardware, software, processes and people.
Tuesday, August 25, 2015 - 11:36
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FundedByMe Appoints New Country Manager For Finland
Crowdfunding platform FundedByMe is strengthening its team in Finland with the appointment of Niclas Ahlström as Finland’s Country Manager from 25 August.
Tuesday, August 25, 2015 - 11:01
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Scality Closes $45 Million Series D Funding to Transform the Storage Industry with Software-Based Storage Solution
Scality, the leader in software-based storage for the information age, today announced it has completed a $45 million Series D funding round. The latest funding round includes new entrant and strategic partner BroadBand Tower, Inc. (BBTower), all existing investors, led by Menlo Ventures, and 65% of the Scality staff, bringing the total investment in Scality to $80 million.
Tuesday, August 25, 2015 - 10:55
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