Northern Trust Launches Securities Lending and Foreign Exchange Services in Australia
- 9 years 10 months ago
- Foreign Exchange
Northern Trust has established a securities lending trading desk and appointed a senior foreign exchange sales representative in its Sydney, Australia office. This latest announcement underlines Northern Trust’s continuing expansion across the Asia-Pacific region. “We are delighted to establish a capital markets presence in Australia,” said Dane Fannin, head of capital markets, Asia-Pacific Northern Trust. “Growing Northern Trust’s geographic... more
Aimia and SAS Collaborate to Boost Analytical Innovation
- 9 years 10 months ago
- Management
Data-driven marketing and loyalty analytics company Aimia has turned to software solutions from SAS Canada, the leader in analytics, to power its advanced data analytics and modelling operations in Canada. Aimia partners with companies to help generate, collect and analyze customer data and build actionable insights, through its own coalition loyalty programs such as Aeroplan, Canada's premier coalition loyalty program, through provision of... more
Baker Hill Adds 16 Financial Institution Clients Since Acquisition
- 9 years 10 months ago
- Management, IT Innovations, Infrastructure
Since its September 2015 acquisition by The River Side Company, Baker Hill has added 16 financial institution clients for its loan origination and business intelligence solutions. The company attributes this momentum to the growing demand for solutions that enable financial institutions to increase efficacy through democratization of business intelligence, cloud-based computing, and Internet, Intranet and tablet business lending.
Syncora Holdings and Syncora Holdings US Complete Comprehensive Restructuring Transactions
- 9 years 10 months ago
- Transaction Banking, Infrastructure
Syncora Holdings Ltd. ("SHL" or the "Company") and its wholly owned subsidiary, Syncora Holdings US Inc. ("SHI"), announced today that SHI completed its previously announced restructuring transactions, including the private exchange offers for Syncora Guarantee Inc.'s ("SGI") outstanding 6% Surplus Notes due 2024 and SGI's outstanding 5% Surplus Notes due 2011 (collectively, the "Existing SGI Surplus Notes") and variation of rights attached to... more
LCM Partners Shortlisted for Fixed Income Boutique Manager of the Year
- 9 years 10 months ago
- Management, Investment Management
LCM Partners is delighted to announce that it has been shortlisted in Financial News' 15th annual Awards for Excellence, Institutional Asset Management, Europe. The company has been nominated in the 'Fixed Income Boutique Manager of the Year' category with the winner being announced in October. As a new award category added this year, LCM is honoured to be one of the first Investment Managers selected by Financial News to represent this asset... more
Finova Financial Secures Record-Breaking $52.5 Million FinTech Funding
- 9 years 10 months ago
- Cash management, Infrastructure
Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history.
RiskIQ Joins IBM Security App Exchange Community
- 9 years 10 months ago
- Management, Security
RiskIQ launched RiskIQ PassiveTotal App For IBM QRadar, which integrates with IBM security intelligence technology to achieve fully integrated external threat context to security incidents. Joint customers can accelerate incident remediation seamlessly by accessing internet datasets as they investigate offenses in IBM QRadar. RiskIQ scans and collects external internet data at massive scale—datasets the RiskIQ’s PassiveTotal App uses to create a... more
SimCorp Releases Version 6.0 of Dimension
- 9 years 10 months ago
- Investment, Management
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announced that it has released version 6.0 of its integrated investment management solution, SimCorp Dimension®. The new release, which is the second of this year's two releases, introduces a number of new modules and enhancements across front, middle and back office.
Debit Begins Its Shift to More Secure Types of Transactions
- 9 years 10 months ago
- Transaction Banking, Security
The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the October 2015 liability shift, financial institutions have begun their chip debit card roll-out in earnest with optimism about the technology’s potential for enhancing the security of payment card transactions. The study also details financial institutions’ move to support more mobile payment... more
CLS Group Welcomes Daiwa Securities As a New Settlement Member
- 9 years 10 months ago
- Foreign Exchange
CLS Group, a leading provider of risk management and operational services for the global foreign exchange (FX) market, has expanded the number of settlement members accessing its service with the addition of Daiwa Securities Group. Daiwa Securities Group is one of the largest financial institutions in Japan. It joins 65 other financial institutions in becoming a direct participant in CLS’s settlement and risk mitigation system – which settles... more
Sigue Global Services Continues its Global Presence in Russia and the CIS
- 9 years 10 months ago
- Transaction Banking, Payments
Sigue Global Services Ltd. , the international affiliate of money transfer leader, Sigue Corporation, today announced the launch of its remittance services into Russia and the Commonwealth of Independent States (CIS). Sigue will partner in the territory with Golden Crown, one of the largest payment system networks in Russia with approximately 49,000 agent locations throughout Russia, the CIS, and other countries, including Azerbaijan, Belarus,... more
Basware Introduces Summer Release of its Cloud eProcurement Solution Suite
- 9 years 10 months ago
- Supply Chain Finance
Basware, the global leader in networked purchase-to-pay, e-invoicing and innovative finance solutions, announced today the summer release of its cloud eProcurement solution suite, from recently acquired Verian. The new version, which was developed based on customer feedback, incorporates advanced features and functionality to provide greater collaboration, efficiency and time savings as well as convenience for mobile users.
Western Union and Metro Inc. Prolongs Relationship in Canada
- 9 years 10 months ago
- Transaction Banking, Payments, Infrastructure
The Western Union Company, a leader in global payment services—has announced that it will be extending their long-standing relationship with Metro Inc. a top Quebec and Ontario supermarket chain—and one of Western Union Canada’s largest Agent networks. Western Union international and domestic money transfer and bill payment services will continue to be available at more than 360 Metro locations in Ontario and Quebec.
Financial Media Exchange Integrates the Redtail's Robust CRM Functionality into FMeX's Innovative Content-As-A-Service Platform for Financial Advisors
- 9 years 10 months ago
- Management
Financial Media Exchange (FMeX) is integrating Redtail Technology's robust customer relationship management (CRM) capabilities into FMeX's Content-As-A-Service platform for financial advisors. The CRM integration expands Financial Media Exchange's relationship with Redtail, a leading provider of CRM solutions for financial professionals. The companies worked together to provide access to Financial Media Exchange's content from the Redtail CRM... more
OANDA Distinguished as Best Retail FX Platform by FX Week
- 9 years 10 months ago
- Foreign Exchange, Infrastructure
OANDA has been named the world’s Best Retail FX Platform at the prestigious e-FX awards by leading industry publication FX Week, beating out a host of competitors and knocking last year’s winner off the top spot. A global leader in online multi-asset trading services, OANDA combines cutting-edge trading technology and exceptional execution across a wide range of asset classes, enabling clients to trade global market indices, commodities,... more
