The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today identified key priorities where financial market infrastructures (FMIs) should focus in the coming years to proactively and effectively manage risk in a post-pandemic environment.
The number of fintech businesses has grown to more than 20,000 worldwide. So what are the best and most innovative companies right now? We take a look here! Fintech companies are growing in numbers and capabilities thanks to improvements in smartphones, internet connectivity and a host of other tech developments. According to data collected by Statista, there were around 12,500 fintech businesses worldwide in 2019, and that grew beyond 20,000 in... more
The majority (74%) of mid-market financial services companies have remained resilient in the face of the economic disruption that’s taken place this year, according to the Growth Index released today by mid-market private equity firm ECI Partners. 62% of mid-market financial services companies still expected growth throughout 2020 even after the pandemic had begun in March (a fall from 84% pre-March 2020). Paul McCreadie, Partner at ECI... more
Indian Fintech Major M2P Solutions Expands into the Middle East with Abu Dhabi as Regional Headquarters
M2P Solutions, an open API (Application Programming Interface) infrastructure platform company that works with businesses to roll out their own branded Fintech products, announced the expansion of its operations to the Middle East and North Africa (MENA) Region with Abu Dhabi as its Regional Headquarters. The company has appointed Ms. Vaanathi Mohanakrishnan to lead its business for the region.
- 10.12.2020 04:10 pm
Colt Technology Services has today announced its extended collaboration with Equinix, Inc. (Nasdaq: EQIX), which sees Colt enabling agile, on-demand connectivity to Equinix Fabric.
Know Your Customer partners with Refinitiv to add World-Check data in end-to-end AML and KYC solution
Award-winning RegTech provider Know Your Customer is partnering with Refinitiv, a world-leading provider of financial markets data and infrastructure, to integrate Refinitiv’s World-Check risk intelligence data into Know Your Customer’s client onboarding solutions.
- 01.12.2020 11:17 am
Exactpro, a leading software testing provider for financial market infrastructures, has today announced the launch of th2, its new, next-generation test automation toolkit for functional and non-functional testing of complex financial systems. The th2 toolkit is designed to enable efficient machine learning (ML)-driven testing for complex distributed transaction processing systems, such as securities trading systems and exchanges, banking,... more
- 19.11.2020 04:56 pm
The European Central Bank (ECB) has chosen SIA, in partnership with Colt Technology Services, for its connection to the Eurosystem market infrastructures through a single access interface (Eurosystem Single Market Infrastructure Gateway - ESMIG). SIA is a leading European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity.
Nutanix (NASDAQ: NTNX), a leader in hybrid and multicloud computing, today announced the findings of its third global Enterprise Cloud Index survey and research report, which measures enterprise progress with adopting private, hybrid and public clouds. This year, survey respondents were also asked about the impact of the COVID-19 pandemic on current and future IT decisions and strategy.
Curv, the leader in digital asset security, today announced th
- 10.11.2020 08:34 am
Managing a business is often seen as an easy job, especially if you see it with the eyes of the lower ranks. It seems that the people in the management are just sitting and doing nothing all day. However, there are many reasons why this is not the case at all as you can see in this page. Most of the time, people in management are sitting due to their work: keeping everything afloat.
SIA's Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the consolidated financial results as at 30 September 2020, substantially in line with those of the first nine months of 2019 and growing in the third quarter of 2020, despite the economic contraction caused by Covid-19. CONSOLIDATED financial RESULTS AT 30 SEPTEMBER 2020
Europe is one of UpCloud's most significant markets. And therefore, after Helsinki, London, Frankfurt, Amsterdam and Madrid, the company announces the opening of their data centre in Warsaw. The latest addition to UpCloud's data centres will ensure even better service and support to customers located in Central Europe.
Franklin Templeton and Illuminate Financial Invest in Curv’s Keyless Digital Asset Security Infrastructure
Curv, the leader in digital asset security, today announced that global investment firm Franklin Templeton and fintech VC Illuminate Financial Management joined existing investors as part of its Series A funding. In July 2020, Curv’s Series A round included a cohort of investors spanning CommerzVentures, Coinbase, Digital Currency Group, Team8 and Digital Garage.
Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is announcing the launch of a new Chicago <> Tokyo back-up route, supporting efforts to ensure robust trading systems among banks, exchanges and trading firms as they prepare for expected volatility in light of the upcoming US election. The new back-up route is geographically diverse from the PC-1 submarine cable system... more