Standard Chartered Bank joined with SAP Ariba to bring financial supply chain solutions to the world’s largest digital business network
- 6 years 5 months ago
- Banking
Standard Chartered Bank and SAP Ariba today announced a strategic collaboration to make the Bank’s financial supply chain solutions easily accessible to businesses in the Asia Pacific region through Ariba Network, the world’s largest digital business network connecting more than 4.2 million companies in 190 countries.
Blockchain Partners with Polkadot as Network Interoperability Takes Center Stage
- 6 years 5 months ago
- Blockchain, Asset Management, Cryptocurrencies
Blockchain, the leading provider of cryptocurrency products and creator of the most popular cryptocurrency wallet, has partnered with the Polkadot Network to accelerate the adoption and decentralization of Polkadot tokens (“DOTs”) as it aims to solve the challenges of cross-blockchain interoperability. When the integration is complete, Blockchain’s 41M Wallets will be able to store, send, and receive DOTs, while contributing to the network’s...
Ossiam releases leveraged US Steepener ETF with Solactive index
- 6 years 5 months ago
- Data
At the moment, the US Treasury yield curve sits in the focus of investors. The reason the curve receives such attention lies in its slope, which is as flat as it was way back in 2007. To grant investors the opportunity to benefit from a potential steepening of the US Treasury yield curve, French Asset Manager Ossiam issued its Ossiam US Steepener UCITS ETF on August 19th at Deutsche Börse Xetra, tracking the Solactive US Treasury Yield Curve...
Wolters Kluwer Wins Waters Technology Award for Market Risk
- 6 years 5 months ago
- Security and Compliance, Risk Management
Wolters Kluwer’s Finance Risk & Reporting (FRR) business is the Best Market Risk Solution Provider, according to Waters Technology, the 35-year-old journal of record for the financial technology industry. The award was part of the annual Waters Technology Rankings, a survey which “should be considered a reflection of how financial technology professionals view their peers in terms of overall quality of service,” according to the magazine’s...
CryptoCompare’s July Exchange Review shows top ranked exchanges increasing market share, yet lower quality exchanges still dominate
- 6 years 5 months ago
- Cryptocurrencies, Data
CryptoCompare, the leading provider of cryptocurrency data and indices, today released its July 2019 Exchange Review which provides analysis of key developments in the cryptocurrency exchange-traded market. Charles Hayter, Co-Founder and CEO of CryptoCompare, said:
60% of European investors learn to manage finances on their own
- 6 years 5 months ago
- Platform Technology, P2P Lending
A survey by the European P2P platform Robo.cash showed that 60.4% of P2P investors gain knowledge in finance on their own. In overall, 89.2% of respondents have some form of financial background, which allows them to make informed investment decisions independently.
BMLL Technologies launches Derived Data Service for bespoke trading analytics
- 6 years 5 months ago
- Cloud, Data
BMLL Technologies, the cloud-based Capital Markets Data-Engineering-as-a-Service company, today announced the launch of its new Derived Data Service. The platform enables market participants to consume bespoke metrics derived from the most granular message-by-message exchange data directly into their trading systems both at speed and at scale.
Polychain Capital and NGC Ventures Contribute to CoinFLEX’s $10 Million USD Fundraise
- 6 years 5 months ago
- Cryptocurrencies
CoinFLEX, the world’s first physically delivered crypto futures exchange, has announced that it secured over $10 million USD in funding this year. Polychain Capital; a premier investor in cryptocurrency protocols and companies and NGC Ventures II, the multi-strategy crypto fund of one of the world’s leading blockchain investment firms, NGC Ventures, were contributors to the raise.
Worst-case scenario for financial products and software: The Johnson Brexit
- 6 years 5 months ago
- Trading Systems, Payments
London is still considered as Europe’s largest financial centre; 90 percent of all derivatives traded in euros are transacted in the British capital. This can change with the new Prime Minister Boris Johnson, who ranks as Brexit hardliner. “With Brexit, the European financial industry is facing the biggest transformation since the construction of the EU.
RiskFirst’s PFaroe crowned the UK’s Most Reputable Risk Reporting Solution by CEO Monthly
- 6 years 5 months ago
- Management, Asset Management, Investment Management
RiskFirst has won the award of the UK’s Most Reputable Risk Reporting Solution as part of CEO Monthly’s 2019 Business Elite programme for its market-leading asset, liability and risk management technology platform, PFaroe. CEO Monthly’s Business Elite programme recognises the outstanding achievements made by leading firms and individuals from across the globe that have dedicated themselves to innovating, growing and succeeding. Winners are...
Customer currently not number 1 for CFOs as 32% of companies still yet to start their digital transformation
- 6 years 5 months ago
- Platform Technology
According to almost two-thirds of CFOs (65%), digital transformation will result in fewer jobs, despite the fact that 32% of organisations aren’t currently undergoing this change, with 23% not planning to look at digital transformation for at least a year or more, as discovered in the FinTech Barometer 2019, the annual survey by fintech company Onguard
Most financial services firms ‘not prepared’ for digital transformation, research suggests
- 6 years 5 months ago
- Financial
Tens of thousands of financial services businesses are avoiding upgrading their digital systems because they don’t deem digital transformation to be important, research suggests. Six in 10 (62%) business leaders believe there are other priorities over the next 12 months, according to a nationwide survey of managers and C-suite executives. Alarmingly, nine in 10 (92%) business leaders said they were not well-equipped or prepared for digital...
Avaloq successfully onboards Banque Morval onto Intesa Sanpaolo’s BPaaS solution in just nine months
- 6 years 5 months ago
- Banking
Intesa Sanpaolo Private Bank (Suisse) SA and Avaloq have successfully onboarded Banque Morval onto Avaloq's Business Process as a Service (BPaaS) solution in just nine months. The merger of Intesa Sanpaolo Private Bank (Suisse), the Italian Intesa Sanpaolo group’s Swiss private banking subsidiary, and Banque Morval was completed in April last year and created the new legal entity Intesa Sanpaolo Private Bank (Suisse) Morval.
MediConnect appoints Gary Nelson as Head of Engineering
- 6 years 5 months ago
- Blockchain
MediConnect, the developer of a framework blockchain solution to trace and manage prescription medication, is pleased to announce the appointment of Gary Nelson, an IT development expert with over 25 years of experience in the IT sector and more recently in the blockchain industry, as Head of Engineering at MediConnect.
VERMEG appoints Paul Thomas to lead its UK operation as it looks to capitalise on a new phase of growth
- 6 years 5 months ago
- Compliance
VERMEG, the software services specialist, which provides core technology for managing compliance, regulatory requirements and digital transformation across the banking, wealth management and insurance sectors, has appointed Paul Thomas as UK General Manager. Paul joins with more than 20 years’ experience in the FinTech and RegTech industry having worked at organisations such as Misys, ION Trading and most recently AxiomSL.
