Financial markets data science firm, FairXchange has launched ‘game changing’ functionality within its Horizon product with a new Pricing Stack Analysis feature which enables financial institutions worldwide to make more informed, data driven decisions about how they interact with existing and prospective Liquidity Providers.
Existing Planixs customer, Ghana International Bank (GHIB), has renewed its contract with the leading provider of real-time, intraday cash, collateral and liquidity management solutions, to continue to manage its cash and liquidity through Planixs’ Realiti® treasury software suite.
AlgoTrader partners with Blockfills to provide financial institutions with a secure gateway to the deepest crypto and digital asset liquidity globally. Blockfills is the first electronic communication network model ECN for crypto and digital assets and is made available within AlgoTrader´s recently launched WIRESWARM platform, an advanced crypto and digital asset order management, execution management and multi-venue connectivlty platform for... more
The Covid-19 pandemic has caused an increase in finance professionals dealing with outstanding invoices from customers, according to nearly half (48%) of respondents surveyed by fintech company, Onguard. In particular, cash flow problems were cited by nearly two-thirds (65%) as being the most common reason why customers are failing to pay on time. This represents an increase of 14% from February when just over half (51%) of invoices went unpaid... more
Today, Singapore-based Broctagon Fintech Group announces that it has upgraded its NEXUS 2.0 liquidity aggregator technology, with the launch of Native Altcoin Liquidity Management. The precision-based liquidity management system (LMS) allows exchanges to regulate the demand and supply of their native altcoins via algo-automated execution to achieve healthy liquidity and enhance token tradability.
Sterling National Bank and Cashfac Announce Strategic Business Alliance for Launch of New Escrow Account Platform
Today, Cashfac, a global provider of back-office cash management software, and Sterling National Bank (“Sterling”), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities. The partnership will deploy Cashfac’s flagship Virtual Bank Technology (VBT) platform, delivered remotely via the Cloud.
GTreasury, a treasury and risk management platform provider, today announced the release of SmartPredictions™, which improves cash forecasting accuracy by applying artificial intelligence to short- and long-term treasury data.
Planixs, the provider of real-time, intraday cash, collateral and liquidity management software Realiti®, and Infor, the enterprise company that provides cloud software products to over 68,000 organisations worldwide, are working together on a series of virtual events to promote the benefits of real-time intraday liquidity management to treasury departments.
MayStreet, the industry’s leading market data infrastructure provider, today announced it has added Fenics USTreasuries (Fenics UST) to its US cash treasury data portfolio. Owned and operated by BGC Financial, L.P., Fenics UST is a low-latency, fully electronic U.S. Government securities trading venue that delivers displayed liquidity calibrated to the industry’s tightest tick increments.
Appital, the Equity Capital Marketplace, has built and deployed their desktop application on OpenFin, the operating system (OS) of finance. Appital brings transparency and automation to Equity Capital Markets (ECM). The Appital platform allows buy side firms to gain greater exposure to deal flow opportunities they have not been able to access before, helping portfolio managers and heads of trading build a comprehensive picture of liquidity,... more
SmartStream the first to launch a comprehensive intraday liquidity stress testing on demand solution
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its Intraday Liquidity Stress Testing module, part of the TLM Cash and Liquidity Management suite of products. Carrying out a stress test and running it can take up to eight weeks, with the new module it allows banks to run this in minutes – which is essential for refining the scenario, making real-time decisions,... more
FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities.
David E. Rutter has gathered an expert team of financial market and technology professionals in a new company, LedgerEdge, to build an ecosystem for the exchange of data and assets in the corporate bond market. Corporate bond market participants face serious challenges in discovering liquidity and executing trades without harmful data leakage. The corporate bond market lags behind other asset classes in adoption of digital solutions: $59bn is... more
Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, is thrilled to unveil CashTarget, a new feature using gamification for businesses who are reviewing and restarting their treasury performance. With CashTarget, collecting cash will never be boring! Sidetrade has today launched a new feature called CashTarget, which uses gamification for businesses who are restarting... more
Cardtronics, the world’s largest ATM operator today announced its ATMs would be the first in the U.K. to allow individuals to withdraw cash using a new cardless cash service from fintech solutions provider Pin4. The Pin4Cash service will enable organizations to send cash to individuals in real-time using an SMS text message. This unique and innovative solution allows people to complete card-free cash withdrawals at the majority of Cardtronics’... more