Wholesale Banking

Bloomberg and Bats Europe Partner for MiFID II Reporting

Today Bloomberg and Bats Europe have reported they plan to provide Bloomberg customers with the ability to use their respective Approved Publication Arrangements (APA)[1] to fulfil MiFID II transparency reporting requirements. Under MiFID II, market participants are facing a steep increase of reporting tasks they need to manage, for firm quotes as well as executed transactions, across a wide range of asset classes and within very short... more Read more »

Consumer Lending Platform Nava Begins Tech Recruitment Drive

Nava, a next generation consumer lending platform, is continuing its rapid expansion by launching a new office in Milton Keynes. The company, with headquarters in central London, hopes to capitalise on the town’s burgeoning reputation as a leading technology centre in the UK.  Nava will initially recruit five IT developers from a range of levels to help support the growth of its platform. The company secured authorisation from the Financial... more Read more »

Volera Consolidates Derivatives Analytics Suite with Options Tick Database

Today Hanweck, a leading provider of real-time risk analytics on global derivatives markets, revealed the integration of its Volera platform with its product formerly known as the Premium Hosted Database (PhD).  Read more »

HSBC Vet Spencer Lake Joins Fenergo as Board Vice Chairman

Today Fenergo, the industry standard for Client Lifecycle Management software solutions for investment, private and corporate banks reported that Spencer G. Lake, a former Vice Chairman of HSBC Global Banking and Markets, has joined its Board of Directors in the capacity of Vice Chairman.  Read more »

Green Country FCU Selects Portico and Integrated Technology from Fiserv to Support Growth and Boost Business Lending

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Green Country Federal Credit Union, based in Sand Springs, Oklahoma, has selected Fiserv as their technology partner as they work to drive progressive growth. Read more »

Three Credit Unions select Fiserv for tech transformation

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that three credit unions will be utilizing Fiserv solutions as the backbone of planned technology transformations. Each of the credit unions has expanded their relationship with Fiserv by selecting DNA®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv. Read more »

Paytm Goes Live with Infosys Finacle to Power its Payments Bank Business

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY) and Paytm, India’s largest mobile payments and commerce platform, today announced that the Finacle Core Banking solution has been selected to power Paytm’s new payments bank business. Paytm will leverage Finacle’s proven platform for its deposit products and payments platform, enabling it to rapidly roll out innovative offerings. Key Highlights: Read more »

GreySpark: Digitalization Transforms Wholesale Investment Banking Models

A new report from GreySpark Partners explores the digital transformation that the wholesale investment banking business model is facing, and which resembles a real industrial revolution for the sector. The report “Digital Transformation of Investment Banking” examines the influence of regulations, buyside institutions, the competitive landscape and technology innovation in driving this revolution, which ultimately will cause banks to become more... more Read more »

Khan Bank selects Diasoft to automate its Custody operations

Diasoft, a leading provider of cutting edge financial software solutions, announced today that Khan Bank, one of the largest commercial banks in Mongolia, has selected Diasoft Custody solution to automate its new line of business. Read more »

Monet receives funding by Bill & Malinda Gates Foundation for its Universal Payment Gateway & Mobile Point-of-Sale initiatives in Pakistan

Monet (Private) Limited announced today that it is a Grand Challenges Explorations winner, an initiative funded by the Bill & Melinda Gates Foundation. The company is actively pursuing an innovative global financial and development research project to enable universal acceptance of mobile money payments. Read more »

RedCloud and Insiyabi sign contract for mobile-banking solution in Africa, Asia and the Middle East

RedCloud Technologies and Insiyabi sign a Partnership to bring secure Mobile Financial Solutions to the Banked and Bankable across Africa, Asia and the Middle East. Faisal Gill, Executive Director, MEA & Asia at RedCloud had this to say about the partnership; “RedCloud support those organisations who launch highly disruptive digital financial services whether they are; Banks, Financial Technology (FinTech) business, mobile network operators... more Read more »

Colt Refused Fidelity Offer

The independent directors of Colt Group S.A. ("Colt" or "the Company") note the announcement today of a cash offer for the ordinary shares in Colt not already owned by FMR LLC, FIL Limited and certain affiliated parties (together "Fidelity") at a price of 190 pence per share (the "Offer"). The independent directors have appointed Barclays Bank PLC acting through its Investment Bank ("Barclays") as independent financial adviser. Read more »

TransferWise Exceeds the £500m a Month Milestone

London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates. Speaking live on BBC Radio 4’s Today programme, TransferWise founder Taavet Hinrikus says the milestone demonstrates a fundamental shift in people’s awareness of how banks, brokers and others take advantage of customers by hiding the real cost of... more Read more »

KBC Will Introduce Online Direct Debit Mandates

From June 6, the business customers of KBC will be able to handle their European B2B direct debit mandates fully electronically. From then on, they will be able to settle these mandates in just a few clicks. To achieve this, KBC works together with Twikey, the Belgian market leader in the field of electronic direct debit mandates. Creditors use B2B direct debits because they offer more security and guarantees than the European direct debit CORE.  Read more »

SWIFT Opens Office In Miami As Part Of Its Growth Strategy For Latin America

SWIFT announces the opening of its new Latin American regional headquarters office in Miami, Florida to support the growth of the company’s operations in the region. In the last few years, Miami has become a financial hub with the largest concentration of domestic and international banks on the East Coast south of New York, much of which are regional headquarters for their Latin American operations. Read more »


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