Colt Furthers Collaboration With Microsoft, Enabling Enterprises’ End-To-End Cloud Migrations
- 6 years 2 months ago
- Cloud
Colt Technology Services has today announced that it’s furthering its collaboration with Microsoft, being named a launch partner for Microsoft Azure Peering Service as well as joining the Azure Networking Managed Service Provider (MSP) Programme. Colt’s deepening relationship with Microsoft allows the business to assist at every stage of the cloud migration journey, whether that’s in identifying the required network infrastructure to achieve the...
Avelacom Wins Best Low-Latency Trading Network at Buy-Side Technology Awards
- 6 years 2 months ago
- Trading Systems
Avelacom, the high-performance global connectivity and IT infrastructure provider, was awarded “Best low-latency trading network” by WatersTechnology Buy-Side Technology Awards 2019. The awards recognize the leading buy-side technology vendors and service providers across the banking and capital markets landscape.
CloudMargin Wins Award for Best Buy-Side Collateral Management Tool at WatersTechnology’s 13th Annual Buy-Side Technology Awards
- 6 years 2 months ago
- Cloud
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today that the firm had won the award for Best Buy-Side Collateral Management Tool at the 13th annual Buy-Side Technology Awards, hosted by WatersTechnology on Friday, 1 November, in London. This is the company’s fourth win in the category in the past five years.
Solactive Appoints Head of Product Development and Announces Further Evolution of Management
- 6 years 2 months ago
- People Moves
Solactive is pleased to announce the addition of a new senior position to its organization. Peter Diel joined the firm as Head of Product Development on November 1st, 2019, running Solactive’s index development departments. The appointment runs alongside further alignments of responsibilities, while the company keeps evolving its business and organization.
Late Payments: Buyers Leave SME Suppliers Last
- 6 years 2 months ago
- Payments
Businesses pay their smallest suppliers 30 days later than their bigger suppliers. Data released today by Previse, the fintech that uses AI to get suppliers paid instantly, shows the extent to which the problem of slow payments is concentrated among small suppliers, a fact which public payments reporting fails to highlight.
Applied Risk Awarded CREST Accreditation for its Operational Technology Penetration Testing Services
- 6 years 2 months ago
- Cybersecurity, Risk Management
Applied Risk, specialist in industrial cyber security for critical infrastructure, has been accredited by internationally-recognised professional certification board CREST for its Operational Technology (OT) Penetration Testing services. CREST supports the technical information security industry, providing accreditation for technical security services and professional-level certifications for individuals that provide penetration testing, cyber...
World's Fastest Exchange Trading Technology Launched by Moonx
- 6 years 2 months ago
- Trading Systems
MoonX today announced the launch of its new trading technology in the UK, offering a full suite of financial software and hardware systems for exchanges, brokerages, hedge funds, financial institutions and traders.
Finastra launches Fusion Treasury Essential – helping banks automate treasury in just 90 days
- 6 years 2 months ago
- Banking, Financial
Finastra today unveiled Fusion Treasury Essential – a packaged solution designed for smaller banks that don’t already have a dedicated treasury system, but are looking to automate and modernize the treasury function.
British Businesses Focusing More on China
- 6 years 2 months ago
- Payments
New research from JGOO, the next generation mobile payments platform, reveals that of those companies currently marketing goods and services in China, 67% say sales in this market have grown over the past 12 months. Furthermore, for those that don’t trade with the world’s second largest economy, one in five companies (20%) are now considering doing this. Over the next five years, the findings reveal that 40% of British businesses think that...
78% of Investors Start Investing Before the Age of 35, According to Robo.cash survey
- 6 years 2 months ago
- Data
According to a survey conducted by the P2P platform Robo.cash, 78% of P2P investors in Europe made their first investment before the age of 35. One of the reasons to begin investing early is connected with the long-term goals of investors who aim to save money for retirement or to support their children.
ICS Financial Systems Adopts the Latest Oracle Technologies for Production Use-Cases in the Banking Sector at Oracle OpenWorld 2019
- 6 years 2 months ago
- Banking, Financial
ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the Oracle PartnerNetwork (OPN), announced the adoption of the latest Oracle technologies for production use-cases in the banking sector.
Freetrade Closes on $15Million Funding in 2019
- 6 years 2 months ago
- Trading Systems
Commission-free stockbroking app Freetrade has closed a $15m fundraising round, comprising a $7.5m Series A investment from Draper Esprit and an equity crowdfunding rise of $7.5 million completed earlier this year. Targeting the millennial market, Freetrade claims to have picked up 50,000 customers in the year since launch. The UK-based company is currently working on the development of a new investment platform that will give users the option...
PayPal Ventures Invests in Japanese Instant Credit Firm Paidy
- 6 years 2 months ago
- Payments
Paidy, a Japanese instant credit startup, has raised $83 million in a Series C extension joined by PayPal and secured an additional $60 million in debt financing. PayPal Ventures, Soros Capital Management, JS Capital Management and Tybourne Capital Management joined the extension round. The debt financing comes from Goldman Sachs Japan, Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank. Paidy launched its post-pay...
Banks in China Risk Losing US$60 Billion in Payments Revenue by 2025, According to Accenture Report
- 6 years 2 months ago
- Banking, Data
As much as 13% of banks’ payments revenue in China, or US$61 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, as payments become more instant, invisible and free, according to a new report from Accenture (NYSE: ACN).
Nets makes changes to the Executive Committee
- 6 years 2 months ago
- People Moves
The payments industry is undergoing heavy consolidation and internationalisation. Nets is actively taking part in this development with the ambition of building a leading European payments player. Recently, several newly acquired companies have been integrated into the group, and Nets has decided to focus on and invest into its strongholds and scalable businesses within merchant services and processing. To enable the next phase of the strategic...
