ChartIQ Updates Desktop Integration Platform
- 4 years 9 months ago
- Wholesale Banking
ChartIQ, a financial technology company that delivers software to help the finance world work smarter, today introduced Finsemble 4.0, the latest release of the company’s desktop integration platform. The product makes significant improvements in efficiency and workflows for financial businesses by connecting the huge number of applications used within an organization into one holistic desktop experience.
AcadiaSoft and Clarus Team on Initial Margin Analytics Service
- 4 years 10 months ago
- Risk Management, Wholesale Banking
AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, today announced it will launch a joint initial margin analytics service with Clarus Financial Technology (FT). The service, enabled by AcadiaSoft’s Access application (part of AcadiaPlus), allows Clarus FT to provide clients with margin analytics, calculations and modeling for non-cleared Initial Margin (IM).
Penta Offers Founder Package For Easy Company Creation
- 4 years 11 months ago
- Wholesale Banking
German business banking platform Penta has opened a one-stop shop for entrepreneurs to get their business propositions off the ground, co-operating with legal network Jurpartner to put together a full set of documents, checklists and guidelines for a fast company launch.
Tencent and DST Global Pump $115 Million into Qonto
- 4 years 11 months ago
- Wholesale Banking, FinTech StartUps
French neobank Qonto has raised $115 million in Series C funding from Tencent and DST Global to double down on existing markets, develop new features to tailor its products to specific markets, and grow staff numbers from 200 to 300 during 2020. The online-only bank for SMEs, freelancers, and startups offers expense management, company card issuing and cash flow services to 65,000 accounts internationally. Earlier this month, the bank announced... more
Wethaq Launches First Sukuk on its Market Infrastructure Using SWIFT gpi Link
- 5 years 1 month ago
- Wholesale Banking
Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.
Capitolis Raises $40 Million
- 5 years 1 month ago
- Wholesale Banking
Capitolis, a 'next generation' provider of capital markets technology founded by Gil Mandelzis, ex-Traiana, and Icap, Tom Glocer, ex-CEO of Thomson Reuters, and Igor Teleshevksy, formerly Traiana, has raised $40 million in financing from Spark Capital and SVB Capital.
Standard Chartered Invests in Regtech Startup Silent Eight
- 5 years 1 month ago
- Wholesale Banking
Standard Chartered’s innovation, fintech and ventures unit, SC Ventures, has participated in a Series A funding round for regtech Silent Eight. The AI-powered anti-money laundering and counter-terrorism financing startup raised an oversubscribed US$6.2 million in the round, with OTB Ventures and Wavemaker Partners also participating. The capital will be directed at new hires, with plans to double its 50-strong global headcount by the end of Q1... more
Santander Cash Nexus Comes to North America
- 5 years 2 months ago
- Wholesale Banking
Santander Bank today unveiled its global Santander Cash Nexus solution for Commercial Banking and Corporate and Investment Banking clients in North America. This new platform offers clients a comprehensive suite of global connectivity solutions and provides access to local payment initiation and information reporting services in 15 markets around the world via a single point of entry.
PayQwick Appoints Bob Craig as Chief Operating Officer and Expands Leadership Team
- 5 years 2 months ago
- Wholesale Banking
PayQwick, a financial services company which delivers comprehensive banking and treasury solutions to emerging businesses, is pleased to announce several new additions to its management team.
Standard Chartered to offer domestic cash management services in Europe
- 5 years 2 months ago
- Wholesale Banking
Standard Chartered will offer clients an extensive range of cash management services out of London and Frankfurt covering the UK and Eurozone countries, following investment in a new cash management infrastructure. The infrastructure is scheduled for completion in mid-2020, and in addition to existing high- value clearing, transactional FX and pooling services the bank currently offers, it is developing additional services including: virtual... more
Archax selects R3’s Corda Enterprise platform for digital exchange DLT infrastructure
- 5 years 2 months ago
- Banking, Wholesale Banking
Archax, the London-based institutional digital securities exchange, today announced a partnership with R3, the enterprise blockchain software firm. Under this partnership, Archax will use R3’s Corda Enterprise platform to handle post-trade activities on a distributed ledger.
Santander Leads EUR35 Million Series B in Debt Marketplace CrossLend
- 5 years 2 months ago
- Wholesale Banking
Santander InnoVentures is leading a €35 million funding round in pan-European digital debt marketplace CrossLend. The Series B financing round in the Berlin-based marketplace also includes funding from existing investors Lakestar, ABN AMRO Ventures, and Earlybird. Founded in 2014, CrossLend provides a digital debt marketplace for consumer, SME, invoices, mortgages and other forms of debt originated by banks and alternative originators. CrossLend... more
Refinitiv launches Matching service in Vietnam to create first electronic Marketplace for VND FX trading
- 5 years 2 months ago
- Wholesale Banking
Refinitiv today announced it has launched its leading global electronic trading Matching service in Vietnam, as emerging markets in the Asia region continue to develop their financial markets and digitize FX trading capabilities. The launch represents Vietnam’s first electronic marketplace for the trading of VND. Matching trades on a T+1 basis which is the most commonly traded value date.
Citi APIs for Treasury Services Reach a New Milestone
- 5 years 4 months ago
- Banking, Wholesale Banking
CitiConnect®, Citi's API connectivity platform has reached a new milestone, with more than 157 million API calls processed since its launch in November 2016. The APIs for Treasury Services, accessed through CitiConnect®, allow clients to seamlessly access a growing number of Citi solutions directly into their treasury workstations or enterprise resource platforms (ERP). Of the total API calls, the majority were from companies located in the Asia... more
Spotcap Welcomes Applications for Fintech Fellowship to Address Skills Gap
- 6 years 8 months ago
- Banking, Wholesale Banking, IT Innovations
Online lender Spotcap today opened the Fintech Fellowship to applicants. The programme offers an £8k award to a postgraduate student studying a fintech related course at a UK university. Applications will be open for four months and close on the 1 August 2018.
