Accuity Research Shows 25% Drop in Global Correspondent Banking Relationships Linked to De-risking
- 8 years 5 months ago
- Banking, Infrastructure
Recent banking research (“the Research”) from Accuity, the global financial crime compliance, payments and KYC solutions provider, has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate cross-border payments, have reduced globally by 25%. This comes despite the fact that global GDP per capita grew during the same... more
JHC Partners with Delta Financial Systems to Integrate SIPP Functionality
- 8 years 5 months ago
- Infrastructure
Wealth management fintech firm JHC Systems (JHC) has partnered with leading pensions and retirement administration technology provider, Delta Financial Systems (Delta FS) to offer a fully integrated SIPP solution to its JHC Figaro (Figaro) clients.
Thomson Reuters API Promises Greater Desktop Interoperability on Eikon
- 8 years 5 months ago
- Infrastructure
Financial professionals using Thomson Reuters flagship desktop can now integrate their internal and partner applications through the launch of its Side by Side Integration API. Together with App Studio, Eikon’s third-party developer suite, users can extract even greater value from Eikon through a more seamless workflow on a single desktop.
Wipro Teams Up with Enterprise Ethereum
- 8 years 5 months ago
- Consultancy, Infrastructure
Wipro Limited, a leading global information technology, consulting and business process services company has joined the Enterprise Ethereum Alliance (EEA) as a founding member. EEA is a collaboration of enterprises to promote, develop and implement enterprise grade Ethereum-based blockchain applications across industries for specific business use cases.
Econocom UK Announces JTRS to join Group
- 8 years 5 months ago
- Infrastructure
Econocom UK, a provider of digital transformation services, has announced a deal that sees JTRS, a leading supplier oftechnology solutions, joining Econocom group. JTRS is an Apple Solution Expert (ASE) and Google partner for both business and education, as well as a LegoEducation specialist, with 2016 revenue of £9 million. The acquisition of the 40% stake in JTRS comes as a result of Econocom group expanding its offering in the UK with a... more
PFM Pioneer Strands Reaches 500 Bank Milestone
- 8 years 5 months ago
- Infrastructure
Strands, a leading provider of personal financial management (PFM) and machine learning solutions for banks, today announced that 500 banks and 100 million banking customers worldwide are using digital banking services powered by the company’s award-winning technology.
Ipreo Appoints Stephen Grady as Head of Marketing Structure and Strategy
- 8 years 5 months ago
- Infrastructure
Ipreo, a leading global provider of workflow solutions and market intelligence to financial services and corporate professionals, announced that it has hired Stephen Grady as Managing Director, Head of Market Structure and Strategy.
MarketInvoice Collaborates with UK FinTech Financial Crime Exchange
- 8 years 5 months ago
- Infrastructure
MarketInvoice, the world’s largest peer-to-peer online invoice finance marketplace, has joined the UK FinTech Financial Crime Exchange (FFE), a joint initiative by think tank RUSI and risk consultancy FINTRAIL, launched today. The FFE will promote an increased understanding of financial crime issues faced by the FinTech industry, ensuring that their organisations are not misused for financial crime purposes.
Bloomberg Receives Approval to Issue LEIs
- 8 years 5 months ago
- Infrastructure
Bloomberg announced today it has received approval to issue and maintain legal entity identifiers, or LEIs, as an accredited Local Operating Unit (LOU) of the Global LEI System (GLEIS). Bloomberg joins a select network of LOUs accredited by the Global Legal Entity Identifier Foundation (GLEIF) to create, assign and maintain LEIs, which are increasingly being utilized by regulators to provide greater transparency into financial markets and lower... more
DTCC Repo Clearing Service Receives Regulatory Approval
- 8 years 5 months ago
- Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary to expand the availability of central clearing in the repo market, strengthening both the safety and efficiency of the marketplace.
Alphavend Unveils First Brighton Bitcoin ATM
- 8 years 5 months ago
- Infrastructure
Alphavend has just launched its first 24 hour Bitcoin machine on Brighton's seafront, yards from the famous seaside town's iconic pier. After successfully deploying machines in London and Scotland, Alphavend is optimistic about its foray on the UK's south coast.
Capgemini Unveils First Cloud-based Mobile Applications Testing Lab
- 8 years 5 months ago
- Infrastructure
Today Capgemini, the world-leading provider of consulting, technology, and outsourcing services, supported reveals first cloud-hosted mobile application testing lab, using Experitest’s See-Test tools. The new solution allows financial service providers to constantly control and monitor all digital mobile applications 24 hours a day. This capability results in advanced mobile application quality and significant cost savings of up to 50%.
WeInvest Teams Up with InvestCloud to Enhance Robo Service Offering
- 8 years 5 months ago
- Cloud, PaaS, Infrastructure
WeInvest, Asia’s first Robo-Advisory platform-as-a-service provider, today announced a strategic collaboration with InvestCloud Inc., a global FinTech firm. The partnership uses InvestCloud Emerald to enable WeInvest to become the only Robo-Advisory solution today supporting multi-asset based, multi-currency, goal-based and thematic investing.
Bittium Showcases Secure and Durable Bittium Tough Mobile Smartphone at Virve User Days Event
- 8 years 5 months ago
- Infrastructure
Bittium exhibits its Bittium Tough Mobile smartphone at the Virve User Days in Vantaa, Finland, May 2-3. Virve is a nationwide administrative security TETRA radio network, which is used by Finnish authorities and other security operators for secure communications. The Virve User Days event brings together both representatives of the organizations using the network and e.g. equipment suppliers. Due to the increasing need for authorities to use... more
ALLDATA Collaborates with CAB Group AB in Sweden
- 8 years 5 months ago
- Infrastructure
ALLDATA Europe GmbH, an affiliate of ALLDATA LLC, announced it has signed a reseller agreement with CAB Group AB. Headquartered in Sweden, CAB Group AB has branch offices in Norway, Germany, and Finland. Its software systems and services streamline repair processes for customers in the automotive repair and estimating sectors, including more than 3,000 workshops in Northern Europe. The agreement enables ALLDATA to serve CAB Group AB customers... more
