Mambu, the leading SaaS banking engine, today announced it has raised €30 million in its latest funding round led by US-based Bessemer Venture Partners, one of the world's most experienced and successful SaaS-focused venture capital firms, with participation also coming from existing investors Acton Capital, CommerzVentures, Point Nine Capital and Runa Capital. Read more »
Limitless, the UK-based inventor and provider of a SaaS platform offering AI and crowd sourced customer service solutions, today announces that it has successfully concluded the first phase of a Voice of Customer (VoC) programme with leading credit card provider, NewDay. Read more »
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today that PPM America, Inc. (PPM), a subsidiary of UK-based Prudential plc, has just gone live on its platform. The investment manager with $119.16 billion in assets as of Jan. Read more »
Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, today announces Rules as a Service (RaaS), a cloud-based regulatory rules offering. The unique plug and play solution will enable financial institutions to easily integrate Fenergo’s award winning regulatory rules capabilities into their existing digital platforms. Read more »
Smith & Williamson, the UK-based financial and professional services firm, has further enhanced its relationship with international fintech leader Avaloq by adopting its comprehensive Software as a Service (SaaS) solution. Read more »
Coupa Software, a leader in business spend management (BSM), today announced that it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Applications 2019 Vendor Assessment, US44753119, January 2019. Among the strengths contributing to Coupa's position in the Leader category are: Read more »
LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the addition of Alexander Ponyrko as Principal Software Engineer. Read more »
NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that it will start sampling its dual interface smart card solution (One Touch Flex CL) early in the second quarter of 2019. The solution enables NEXT's unique technology to be used with contact and contactless smart cards, including payment cards. Read more »
Abacus Group, a leading provider of hosted IT solutions for alternative investment firms, today announced the launch of Abacus, a new Identity-as-a-Service (IDaaS) feature that provides clients with single sign-on to third-party applications. The secure and flexible identity management solution simplifies and improves control over employees’ access to a variety of web-based applications, ranging from administrative tools such as payroll and... more Read more »
Avaloq, the international fintech leader, has doubled the size of its London office to cater for strong growth in the UK driven by demand for its Software as a Service (SaaS) and Business Process as a Service (BPaaS) solutions among UK private banks and wealth managers. The firm’s new City of London office comes after the London team has already doubled in size over the past year and provides sufficient space for further growth. Read more »
LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced that 2018 was a record year across multiple sales and client growth metrics tracked by the firm. This rapid growth was fueled by a continued rise in demand for its industry-leading POEMS (portfolio, order and execution management system) platform, which provides significant cost, management and functionality benefits... more Read more »
Managing SaaS spend hasn’t been easy but has quickly become business critical. According to Gartner, as much as 30% of software licences are wasted through insufficient licence management, and with the average organisation using around 13 cloud-based apps, the cost of that wastage is spiralling. Spreadsheets, calendars and single sign on are no match for the constant influx of new cloud apps, of which many can be unsanctioned. Adding SaaS apps... more Read more »
Duco, the enterprise software as a service (SaaS) company today announced an agreement with Societe Generale, the French bank and global provider of financial services to deploy Duco’s platform across the group as one of its primary reconciliation and data control systems. Read more »
VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced that Bermuda-based Clarien Bank, with more than $1 billion in assets, has selected its Software as a Service (SaaS) delivery model for its OnView Back Counter Deposit solution. Read more »
ONPEX a leading provider of multi-currency IBAN solutions, has launched its cloud-based Banking-as-a-Service. The platform offers multiple tools such as IBAN issuing, Single Euro Payments Area (SEPA) and cross-border payments, as well as multi-currency management. Given the platform’s capabilities, businesses can build, configure and manage their own financial services. Read more »
