The Avaloq group, an international leader in integrated and comprehensive banking solutions, has successfully implemented the Avaloq Banking Suite at Swiss Life Banque Privée.

Swiss Life Banque Privée has chosen the Avaloq Banking Suite for its private banking and securities holding activities, based on its broad functional coverage, adaptability and integration flexibility.

BlackBerry has teamed up with PayPal for a trial that lets BBM users in Canada send and receive money through the messaging service.

Options, the leading managed service and IT infrastructure provider to the global capital markets industry, has today announced the appointment of the former NYSE Technologies sales executive, Helen Viccars, to the firm’s global sales team. Ms. Viccars, who was responsible for EMEA sales and account management at NYSE Technologies, joins Options as VP Sales and Account Management.

The draft technical standards for MiFID II require exchanges to publish quarterly execution quality reports (RTS 6). Sell-side firms are expected to digest these and update their best execution policies accordingly. Additionally, sell-sides must publish their own execution quality reports annually (RTS 7), which obviously should be digested by the buy-side.

Intego, the leading provider of security solutions for the Mac, today announced the availability of Flextivity 1.5, offering small and medium sized businesses (SMBs) new features that make managing security and productivity for multiple devices more efficient. According to the National Small Business Association, 40 percent of small business owners manage their own tech support and 39 percent handle their own online security(1) without any outside help.

Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) took action against Citizens Bank for failing to credit consumers the full amounts of their deposited funds. The bank kept money from deposit discrepancies when receipts did not match actual money transferred. Today’s CFPB consent order requires the bank to provide approximately $11 million in refunds to consumers and pay a $7.5 million penalty for the violations.

 Objectway (www.objectway.com), a leading provider of software and services to the EMEA investment management industry, today announced that it has signed a definitive agreement to acquire BETA Global, a European wealth and investment transaction processing system, from Thomson Reuters, the world's leading source of intelligent information for businesses and professionals. The acquisition is expected to close immediately. Terms of the transaction were not disclosed.

inContact (NASDAQ: SAAS), the leading provider of cloud contact center software and contact center agent optimization tools, today announces a major county government is replacing their premise-based contact center system with the inContact cloud solution.

AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that an American global systemically important bank (G-SIB) has decided to extend its deployment of the AxiomSL platform to support regulatory reporting in Germany, France and the United Kingdom (UK). The regulations covered will include the Capital Requirements Directive IV (CRD IV) and local statistical reporting requirements.