EUR 27 million European financing for Finnish software company M-Files
- 7 years 11 months ago
- M&A Deals
M-Files will use the financing for international growth, partner channel expansion and accelerating R&D in Europe The company will expand its offices in UK, Germany, France, Australia and the US, and increase investment in its intelligent information management platform Loan backed under European Fund for Strategic Investments, part of successful Juncker Plan
Data Science Expert Nuria Oliver joins Comviva's Advisory Board
- 7 years 11 months ago
- People Moves
Comviva, the global leader in mobility solutions, is pleased to announce that Nuria Oliver has joined its advisory board. Nuria is director of research in data science at Vodafone, chief data scientist at Data-Pop Alliance and chief scientific advisor for the Vodafone Institute.
Exscudo exchange: the most secure trading environment in the market
- 7 years 11 months ago
- Trading Systems
A fully functioning version of Exscudo exchange has been launched to bring possibly the fastest and easiest trading to the world. The exchange is working in an ecosystem with the mobile wallet and encrypted messenger app called “Channels”. Both of these products are based on the in-house blockchain of Exscudo – EON, ensuring the safety of funds. The exchange is designed to combine the benefits of decentralized and centralized technology to...
Avaloq Named a Leader in Magic Quadrant for Global Retail Core Banking
- 7 years 11 months ago
- SaaS, Infrastructure
Avaloq, the leading global provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, has been recognised as an industry Leader by Gartner in its June 2018 Magic Quadrant for Global Retail Core Banking report.
Path Solutions takes top honors in three ACQ5 Global Awards
- 7 years 11 months ago
- Islamic Finance
Path Solutions is pleased to announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the company was awarded ‘Core Banking System Provider of the Year (Islamic Finance) – International’ for the 5th time, and its ground-breaking technology solution for financial inclusion iSHRAQ*Microfinance named ‘Sharia-Compliant...
Canada's CoinField cryptocurrency exchange going international with commission-free trading app moonGO through a new partnership
- 7 years 11 months ago
- Cryptocurrencies
CoinField, the most advanced cryptocurrency exchange in Canada is now extending its services worldwide thanks to a new partnership with Malta's Manticore Ventures to create moonGO(TM), a powerful app designed for traders who thrive on agility, flexibility and security.
Atos to Acquire Syntel Following Strong First Half
- 7 years 11 months ago
- M&A Deals
Thierry Breton, Chairman and CEO said: “During the first half of the year we confirmed a strong commercial dynamic consolidating our strategy to accompany our customers all along their digital transformation. By leveraging the strengths of all our Divisions in our Digital Transformation Factory, we signed very large transformation contracts translating in a strong book to bill ratio in each Division and 117% for the Group. The commercial...
Thomson Reuters announces financial firms accelerate their move to the cloud
- 7 years 11 months ago
- Cloud
Financial firms intend to rapidly increase their investment in public cloud to exploit the benefits of the cloud in managing the financial data that powers their business decisions, according to a new global survey of senior technologists and market data managers in the financial services sector. In the survey from the Financial & Risk business of Thomson Reuters, respondents said their firms would be increasing investment in public cloud by...
CFH Clearing Integrates New Technology to Strengthen Liquidity Offering
- 7 years 11 months ago
- Trading Systems, Infrastructure
CFH Clearing (‘CFH’), TradeTech Group’s multi award-winning liquidity provider, today announces that it has integrated PrimeXM’s XCore technology in London (LD4) and Tokyo (TY3). This development gives CFH the market-leading ability to provide local liquidity to brokers and clients in both data centres.
ICS BANKS Auto Collection System
- 7 years 11 months ago
- Banking, Risk Management
ICS BANKS Auto Collection System is a robust collections software solution that is introduced to reduce and mitigate risk of managing past due or delinquent accounts. This automated system monitors the customer’s accounts which have unpaid arrears in order to track any amount that becomes available, and blocks it against these arrears, before being drawn or used by the customer.
Finastra appoints new CIO
- 7 years 11 months ago
- People Moves
Finastra today announced that Gareth Burton has joined the company as Chief Information Officer (CIO) with responsibility for leading Finastra’s Global Information Services team. He will oversee the company’s enterprise core infrastructure and employee services, as well as supporting all business and financial applications.
PayU Acquires ZOOZ
- 7 years 11 months ago
- M&A Deals
PayU today announces the acquisition of leading payments technology platform ZOOZ. The deal supports PayU’s ongoing expansion into high growth markets and targets the $994 billion* opportunity in cross border payments. The ZOOZ acquisition is for an undisclosed amount but brings PayU’s total sum of investments and acquisitions in global fintech to more than $350 million since it began a series of strategic moves across the globe in 2016 to open...
Venture in Italy: FinLeap becomes even more international with "Beesy"
- 7 years 11 months ago
- Banking
FinLeap founds its first company in Italy, supported by Fabrick as lead investor. Beesy is a digital financial management solution for small businesses and freelancers. Ramin Niroumand, CEO of FinLeap: "With Beesy we are taking a new step and founding our first Fintech company outside of Germany".
Sumitomo Mitsui Trust Bank (U.S.A.) Adopts DTCC Alert GC Direct To Efficiently Manage Settlement Process
- 7 years 11 months ago
- Banking, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that Sumitomo Mitsui Trust Bank (U.S.A.) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the ALERT Global Custodian Direct (GC Direct) workflow.
MPI Adds Advanced Risk Functionality to its Flagship Stylus Pro Fund Analysis Software
- 7 years 11 months ago
- Risk Management
New proxy-handling features also allow users to extend analysis for shorter-lived investment products and portfolios Markov Processes International (MPI), a leading provider of investment research, technology, analytics and indices for the global investment management industry, today announced the release of Stylus Pro 11.4, the latest version of its flagship investment analytics software.
