Vendavo Experts Find Lack Of Proper Margin Strategy in Many EU Organizations
- 9 years 12 months ago
- Transaction Banking, Data
European organisations performing ahead of market expectations and creating more value for shareholders place a much greater emphasis on understanding and improving margin than their competitors. This is the key finding from a study published today by profit performance experts Vendavo and Patrick Reinmoeller, Professor of Strategic Management at Cranfield School of Management. The report also highlights a worrying lack of insight into margin... more
New Online Brokerage 'Tradovate' Goes Live
- 10 years 32 min ago
- Trading Systems, Trade Finance, Foreign Exchange
Tradovate, LLC, a new online brokerage firm for active, self-directed futures traders, announced today that the firm is now launched and accepting business. Tradovate is the first futures brokerage firm to offer flat-rate membership fees, dispensing with the industry-standard commission structure.
Deutsche Börse Unveils unscheduled Updates to MDAX
- 10 years 6 hours ago
- Trading Systems, Foreign Exchange
Deutsche Börse announced unscheduled changes to MDAX. As a result of the expected acquisition of Wincor Nixdorf AG by the acquirer Diebold, Incorporated, the tendered share line of Wincor Nixdorf AG (ISIN DE000A169QN2) will be deleted and replaced with the prior Wincor Nixdorf AG share line (ISIN DE000A0CAYB2). This change is due to the end of the final tender period of the acquisition from 15 April 2016. This process ensures that the relevant... more
EBA CLEARING Enhances Information Service on its Platform STEP2
- 10 years 1 week ago
- Transaction Banking, Foreign Exchange, Securities Services
Enhanced extended remittance information service successfully activated in the pan-European retail payment system EBA CLEARING announced the activation of an enhanced extended remittance information service on its pan-European automated clearing house platform STEP2. The new service, which took up operations yesterday, supports the inclusion of up to 999 structured invoice and credit note references in a single SEPA Credit Transfer.
Fiserv Makes Wealth Management More Female Friendly
- 10 years 1 week ago
- Transaction Banking, Management, Wealth Management
Cheryl Nash, president, Investment Services of Fiserv, has been appointed to the advisory board of Envestnet Institute On Campus (EIOC) and named executive leader for the Institute’s new ‘Women in Wealth Management’ program. The program is designed to attract college-age women to wealth management careers in order to increase gender diversity in the industry.
Naren Patel to head the Strategic Account Management for SmartStream's CBU in London
- 10 years 1 week ago
- Transaction Banking, Management, People Moves
SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announce the appointment of Naren Patel to head the Strategic Account Management for the Corona Business Unit (CBU) based in London. Naren Patel will be key a part of the European sales team, reporting to Marcus von Rahden, Head of Sales Europe, Corona Business Unit, he will be responsible for all aspects of business development and strategic account... more
C3 Financial Helps New Banks to Achieve Cash Management Efficiency
- 10 years 1 week ago
- Transaction Banking, Cash management
$7.9 billion Renasant Bank based in Tupelo, Miss., $1.2 billion Machias Savings Bank based in Machias, Maine, and $5.1 billion Independent Bank, McKinney, Texas have selected its C3 Financial, a cash management and forecasting solution invented by CetoLogic, to simplify cash operations and accurately predict cash levels to service customers’ needs.
Hansa Orga and Deutsche Bank Unveil “HO Global Format Integrator" for SAP Users
- 10 years 1 week ago
- Transaction Banking, Infrastructure
Hanse Orga announced the introduction of “HO Global Format Integrator” a “plug & play” solution for companies wishing to configure and establish international transaction messages faster and more easily in their SAP system.
Pragma Unveils SmartFix to Enhance FX Trading Performance
- 10 years 1 week ago
- Trading Systems, Foreign Exchange
Pragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing.
Wells Wells Fargo Bank Pays $1.2 Billion for Improper Mortgage Lending
- 10 years 1 week ago
- Transaction Banking, Risk Management
The Department of Justice announced that the United States has settled civil mortgage fraud claims against Wells Fargo Bank, N.A.
Baker Hill automates commercial lending operations of Bryn Mawr Trust
- 10 years 1 week ago
- Transaction Banking, Banking
Bryn Mawr Trust has selected its Advisor® for Relationship Lending origination solution from Baker Hill, a provider of SaaS solutions for common loan origination, relationship management and smart data analytics, to automate its commercial lending operations. The solution supports financial institutions’ strategic sales initiatives, helping them meet customer acquisition goals while optimizing credit approvals to accelerate underwriting.
eOriginal’s Digital Mortgage Platform integrated with Wolters Kluwer
- 10 years 2 weeks ago
- Transaction Banking, Data, Data Management, Accounting
Wolters Kluwer has teamed with eOriginal®, Inc., a provider of digital transaction management (DTM) solutions, to add eVaulting and eClosing capabilities to its Expere® dynamic document solution to deliver end-to-end eClosing functionality for its banking customers. The integration will allow Expere users to utilize eOriginal’s extensible, plug and play digital mortgage platform.
Euronext Appoints Maria João Borges Carioca Rodrigues as CEO of Euronext Lisbon
- 10 years 2 weeks ago
- Foreign Exchange, People Moves
Euronext announces that the Supervisory Board has approved unanimously the appointment of Maria João Borges Carioca Rodrigues as CEO of Euronext Lisbon, CEO of Interbolsa and member of the Managing Board of Euronext N.V., pending all relevant shareholder and regulatory approvals.
Fiserv DNA Selected by Three Credit Unions
- 10 years 2 weeks ago
- Trading Systems, Trade Finance, Payments
Fiserv announced that during a two-week period in the fourth quarter of 2015, three credit unions successfully implemented DNA®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv. The credit unions include: Neighbors Federal Credit Union ($724 million in assets), based in Baton Rouge, Louisiana; Texas Dow Employees Credit Union ($2.7 billion in assets), based in Lake Jackson, Texas;... more
IMM’s eSignature technology attracts new credit union
- 10 years 2 weeks ago
- Transaction Banking, Trade Finance, e-Invoicing
CUSA Federal Credit Union listened to its members’ requests for a way to view and sign documents remotely, without coming into a branch. In August 2014, the Covington, La.-based credit union implemented IMM’s eSignature technology, and has since increased loan volume by nearly three percent.
