European Retail Banks Need to Reduce their Costs by over £25 Billion to Improve Profitability Following the Pandemic, According to Kearney Research
- 3 years 5 months ago
- Management, Consultancy
Analysis from global consultancy partnership Kearney has found that retail banks will need to reduce costs by €35-€45 billion (£25-£32 billion) within the next 3 to 5 years to regain profitability. To do so will require the transformation of operating models to improve the cost-to-income ratio (CIR).
Planixs Renews Hellios Financial Supplier Qualification System (FSQS) Certification
- 3 years 5 months ago
- Management, Cloud, Compliance, Data
Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to financial services firms, is proud to announce that it has successfully completed the Financial Supplier Qualification System (FSQS) certification process, a benchmark used by major banks and financial institutions to assess and vet potential vendors as part of their supplier procurement process.
Meniga Continues Collaboration with Nordea Sweden to Bolster its Digital Banking Offering with Personalized Cashback Rewards
- 3 years 5 months ago
- Management, Banking
● Following a successful year of collaboration, Meniga has consolidated its partnership with Nordea by continuing the integration of its market-leading cashback rewards platform within Nordea’s own mobile banking app in Sweden.
LemonEdge Raises $2.5 Million in Mission to Digitise Complex Accounting for the Private Equity and Financial Services Industries
- 3 years 5 months ago
- Fundraising News, Investment, Asset Management
London-based fintech LemonEdge (formerly LemonTree Software), has secured funding of $2.5 million USD in a heavily oversubscribed fundraising round led by Sidekick Partners, a venture firm with deep ties to the North American private equity industry. Sidekick Partners is joined in this round by investors Tikhon Bernstam, founder of Parse and Scribd, and Lauren Iaslovits, founder of Investran and a pioneer of private capital market technologies.
Hyland’s Nuxeo Digital Asset Management Platform Named in Now Tech Report for Customer Experience
- 3 years 5 months ago
- Asset Management
Leading independent research firm includes Nuxeo, now part of Hyland, among 36 DAM vendors in Q2 2021 report
MCB to Adopt MITECH’s TRAC Collateral Management System on a Cloud
- 3 years 5 months ago
- Trading Systems, Management, Banking
The Mauritius Commercial Bank Ltd (MCB) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base structures as well.
Goji Achieves 50% growth in Assets Serviced Amid Growing Demand from Global Asset managers
- 3 years 5 months ago
- Investment, Asset Management
Goji, a UK-based technology investment platform that provides individual investors with access to private asset investments, has achieved a 50% increase in assets serviced to £1.19 billion amid growing demand for its products from global asset managers in the year ended March 31, 2021.
The Future of Wealth Management is Hyper-personalised, Objectway's Survey Report Shows
- 3 years 5 months ago
- Asset Management, Wealth Management
Highlights: - A top priority in the digital agenda - Hyper-personalisation of investment proposals is the most relevant goal - Far from a data-driven culture - Hyper personalisation is mostly useful to elevate customer experience
A Digitised Supply Chain has Become a Necessity for Building Business Efficiency
- 3 years 5 months ago
- Management, Cloud
Cloud technology is driving change and accelerating digital transformation across multiple industries simultaneously. Not only is cloud technology itself evolving at pace, but the way organisations buy and manage software is having to adapt as well.
British Business Investments Announces new £50m Commitment to Apera Asset Management
- 3 years 5 months ago
- Investment, Asset Management
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £50m commitment to private credit provider Apera Asset Management. The investment will be deployed through a Separate Managed Account (SMA), enabling British Business Investments to take a tailored approach and invest in UK companies only.
New SER Group Connector Gives Users Much-needed Centralized Access to Information in Microsoft Team
- 3 years 5 months ago
- Management
With Doxis4 SmartBridge for Teams, the SER Group offers a new connector that enables its customers to access all information centrally on the Doxis4 enterprise content management (ECM) platform directly in Microsoft Teams. The connector ensures traceability and transparency to enhance team productivity and enables the fulfillment of governance policies and regulatory requirements.
Broctagon Deploys NEXUS 2.0 Aggregation Engine in BTSE to Enhance Crypto Exchange Liquidity
- 3 years 5 months ago
- Trading Systems, Asset Management, Financial, Technical
Multi-asset liquidity provider Broctagon Fintech Group today announces the deployment of its NEXUS 2.0 aggregation engine in the multi-currency digital assets exchange BTSE. The collaboration will enhance crypto liquidity for the exchange through NEXUS 2.0, Broctagon’s proprietary crypto liquidity aggregation and Straight-Through Processing (STP) engine.
FlexTrade Systems Integrates with BMLL to Deliver Pricing Data and Analytics Capabilities to World’s Biggest Asset Managers
- 3 years 5 months ago
- Trading Systems, Asset Management, Data
FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems and BMLL Technologies (BMLL), the leading, independent provider of harmonised T+1 data and analytics to the world’s most sophisticated capital market participants, today announced that the BMLL Data Feed is available in FlexTRADER EMS.
Arrow Electronics Provides Fully Managed Service for Citrix ADC and Microsoft 365 Cloud Backup
- 3 years 5 months ago
- Management, Technical, People Moves
Global technology provider Arrow Electronics has announced the launch of a fully managed service to help customers meet the challenges presented by the delivery and back-up of applications.
