Weekly Fintech Review April 11-15
- IT Innovations
- 15.04.2016 02:15 pm
The week starting April 11 through April 15 was lucky in terms of client wins for many financial technology providers, especially in the sphere of trading and banking systems. The most significant deals include Fidessa’s agreement with Huatai Financial, Numerix contract with The Reserve Bank of New Zealand and SimCorp’s wining of Nomura Bank as a new client. The trading technology market witnessed a number of interesting fintech product releases and enhancements, obviously in connection to TradeTech Europe event in Paris. Financial IT summarized fintech activity this week.
PRODUCT RELEASES OF THE WEEK
|Pragma Securities has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing.|
AOC Solutions® is launching Transact GlobalSM, a processing platform dedicated exclusively to virtual payments. Transact Global has a cloud-based infrastructure that allows for maximum innovation, integration and efficiency.
OneMarketData, LLC is launching OneTick Strategy Backtesting, a platform for strategy development and large scale backtesting. The platform is powered by OneTick, OneMarketData’s enterprise solution for data management and time-series analytics.
Deloitte has developed a SolutionPrint™for Cloud Financial Analytics, based on Oracle Planning and Budgeting Cloud Service. The SolutionPrint is designed to provide companies with process models and solution artifacts for creating a virtually seamless, cloud-based enterprise performance management solution.
Teradata is introducing the powerful analytic solution which outperforms the currently used customer satisfaction measurement approach. For years, Net Promoter Score (NPS) has been the predominant tool for customer “likelihood to recommend” metrics. However, that is about to change with the introduction of the Customer Satisfaction Index (CSI) Analytic Solution from Teradata.
PRODUCT ENHANCES OF THE WEEK
Pegasystems Inc. announced the acquisition of Atlanta, GA-based OpenSpan, Inc., a privately held software provider of robotic process automation (RPA) and workforce analytics software. OpenSpan uses robotic automation to ease the burden on customer service representatives (CSRs) by automating routine desktop tasks, thus increasing employee productivity and job satisfaction.
Ingenico acquired Think&Go NFC. Since 2015, Ingenico Group and Think&Go NFC have been using contactless payment technology to turn digital advertising displays into genuine points-of-sale, giving birth to Screen-Commerce.