HKEX and Thomson Reuters Team Up for the Creation of New Index Series
- 8 years 6 months ago
- Trading Systems, Foreign Exchange
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development of the RMB's effective exchange rate against other major currencies and are designed to be transparent, tradeable and compliant with the International Organisation of Securities Commission's principles for financial... more
Federal Republic of Germany Joins Markit Trade Management Service for OTC Derivatives
- 8 years 6 months ago
- Trading Systems, Trade Finance
Markit announced that the Federal Republic of Germany (the Bund), through the Federal Republic of Germany - Finance Agency GmbH (Finance Agency) acting as the central service provider for the country’s borrowing and debt management, is one of the newest customers of Markit Trade Manager. The Bund will use Trade Manager to automate post trade processing of OTC derivatives positions, including managing the workflow it requires as a member of the... more
Bankia Spain Selects NCR Technology to Enhance Customer Service and Account Access
- 8 years 6 months ago
- Transaction Banking, ATMs, Infrastructure
NCR Corporation, the global leader in consumer transaction technologies, announced today that Bankia Spain, the fourth largest bank in Spain, will upgrade its ATM network with more than 600 NCR SelfServ 34 and NCR SelfServ 32 cash deposit ATMs in the course of 2016. The decision was made following a thorough evaluation process, highlighted by NCR’s technical excellence and level of service. The upgrade project is part of Bankia’s long term... more
OpenFin Boosts London Team
- 8 years 6 months ago
- Trading Systems, Transaction Banking, Securities Services
OpenFin, the financial industry's leading provider of HTML5 runtime technology, expanded its global management team with two senior appointments in London. Cecilia Harvey joins OpenFin as Director of Account Management. Leigha Ruiz assumes the role of COO Europe. The new appointments will enable OpenFin to scale as it continues its rapid growth with deployments at 44 sell-side firms and over 250 buy-side firms.
MIT Signs Contract with OCBC Bank to Boost TRAC System in Singapore
- 8 years 6 months ago
- Trade Finance, Banking, Infrastructure
MIT successfully acquired yet another new major customer when it signed a contract with OCBC Bank, on May 10th 2016 to support the bank’s Commodity Trade Finance business with its TRAC (Trade Risk Active Control) system. “We are excited to break into the Asian market”, says Paul Cohen Dumani, General Manager at MIT, adding that “MIT increases its footprint in Singapore with NATIXIS Singapore already using TRAC”.
Fenergo Expands its Presence in Middle East Market
- 8 years 6 months ago
- Management, Infrastructure
Fenergo, the leading provider of Regulatory Onboarding and Client Lifecycle Management software solutions for wholesale and private banks, celebrated the official opening of its new office in Abu Dhabi at a launch event hosted by the Ambassador of Ireland to the United Arab Emirates on May 4th.
The B2 Group Named Global Finance Product Innovator for Transaction Services in 2016
- 8 years 6 months ago
- Transaction Banking, Financial, Infrastructure
The B2 Group, provider of financial systems integration solutions, has won the title ‘Product Innovator’ for Transaction Services in the prestigious 2016 Global Finance awards in recognition of its advanced Multi-Bank Integrator™ automated banking platform for corporate cash and treasury management.
CityPoint Chooses HID Global to Enhance its Security and Management Systems
- 8 years 6 months ago
- Management, Security
HID Global®, worldwide leader in secure identity solutions, today announced it has been selected by CityPoint to streamline security and management systems for its 35-storey office building used by thousands of people on a daily basis in London,.
Calastone Strengthens its Presence in Australasia
- 8 years 6 months ago
- Trading Systems, Transaction Banking, Infrastructure
Calastone, the global fund transaction network, has expanded into New Zealand, bringing critical infrastructure to support smoother transaction flow across Australasia. Calastone Managing Director Australia, Sarah Hayward, said the firm’s extended cross border coverage enables transactions between Australian and New Zealand platforms, fund managers and respective counterparts. “Our expansion has been primarily driven by our Australian clients... more
Questrade Adopts Broadridge's End-to-end Foreign Exchange and Liquidity Solution
- 8 years 6 months ago
- Trading Systems, Foreign Exchange
Broadridge announced that Questrade, an online retail brokerage based in Canada, has adopted Broadridge's end-to-end foreign exchange and liquidity solution, Broadridge FX and Liquidity (FXL).
Barri and TransferTo Team Up to Boost Mobile Money Transfers in El Salvador
- 8 years 6 months ago
- Transaction Banking, Payments, Mobile Banking
Barri Financial Group, a US-based money transfer service provider, has signed a strategic partnership with TransferTo, a leading B2B mobile payment network, to enable real-time Mobile Money transfers to Tigo Money accounts in El Salvador. For the first time, Barri customers in the US will be able to send Mobile Money to friends and family living in El Salvador within seconds.
Horizon Helps First Chinese Brokerage House to Issue Warrants Products
- 8 years 6 months ago
- Trading Systems, Foreign Exchange
Horizon Software announced that Haitong International Securities Group Limited has gone live with Horizon for its warrants trading desk.
HUB24 Joins Itiviti’s Catalys FIX Engine Client Base
- 8 years 6 months ago
- Trading Systems, Transaction Banking, FX Contracts, Institutional Trading
Itiviti’s client connectivity solution provides HUB24 with a rich suite of product functionality based on the Catalys FIX Engine. It ensures highly available quality connectivity and an integrated dashboard for real-time monitoring and system configuration management. Itiviti’s Services team has also developed a custom technology adaptor for integration with HUB24’s investment and superannuation platform.
Boku - Direct Carrier Billing Expands in Europe
- 8 years 6 months ago
- Trade Finance
Boku announced new carrier partnerships in Germany and Italy to power carrier billing on Spotify. This is an expansion of Boku’s existing global partnership with Spotify that first launched in the United Kingdom and includes every major carrier in Germany and one of the leading Italian mobile operators. With these new agreements, nearly 90 million mobile subscribers across these markets will be able to purchase Spotify Premium subscriptions... more
Remitly Money Transfer Service Expands in Canada
- 8 years 6 months ago
- Transaction Banking, Payments
Remitly closed a $38.5 million Series C funding round. Stripes Group led this round and was joined by Vulcan Capital, both new investors in Remitly. Existing Remitly investors also contributed to the round including DFJ, DN Capital, Bezos Expeditions and Trilogy Equity Partners, among others. Stripes Group partner Ron Shah will join Remitly’s board of directors as part of the financing. The new capital will be used to grow Remitly’s team and... more
