Numerix Acquires TFG Financial Systems to Deliver Scalable Real-time Risk Platform of the Future
- 8 years 2 months ago
- Risk Management, M&A Deals
Numerix, the leader in risk technology today announces the acquisition of TFG Financial Systems, the only real-time risk, P&L and position management system in the industry. TFG’s dependency graph capabilities, at the heart of its SaaS risk and portfolio management software and technology framework, will be leveraged to provide core real-time, distributed, event-driven processing capabilities in Numerix Oneview enterprise trading and risk...
EBA CLEARING Adds EBICS For The Exchange of Transaction Messages
- 8 years 2 months ago
- Payments
EBA CLEARING announced today that the future participants in its panEuropean instant payment infrastructure service will be able to use, in addition to SIANet, the Electronic Banking Internet Communication Standard (EBICS) for the exchange of transaction messages with the platform. The Company will introduce EBICS as an additional connectivity option from the start of the service in November 2017 and make it available in the test environment...
Ethoca Wins PayFORUM Security and Grand Prix Awards
- 8 years 2 months ago
- Security
Ethoca, the industry standard for collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop ecommerce fraud and disputes, today announced that for the second consecutive year it has won the PayFORUM Security Award, recognizing successful anti-fraud efforts in France and internationally. In addition, Ethoca has also won the Grand Prix Award recognizing the best innovative solution – a...
Prosperity and Stability of Globalisation
- 8 years 2 months ago
- Banking
The expansion of global trade over the last 50 years has created industries, jobs and value on an unprecedented scale, driving innovation and technological advances and in the process, benefitting most of the countries, most of the time. “While this growth has not been even, much can be done to ensure that future growth continues to support economic development,” says Vinod Madhavan head of transactional products and services for Africa at...
Lexmark awarded place on Crown Commercial Service Framework Agreement
- 8 years 2 months ago
- Infrastructure
Lexmark International, Inc., a global imaging leader, today announced that it has been awarded a place on the highly competitive Crown Commercial Services (CCS) Framework Agreement. The RM3781 framework offers public sector and central government customer solutions for printer/copier, managed print and records information management services.
Upheaval of UK Currency is Expected
- 8 years 2 months ago
- Payments, IT Innovations
In the wake of the successful introduction of the new £5 note in 2016, businesses now face the most complex part of the biggest upheaval of UK currency in decades, says Cummins Allison, the leading innovator and provider of coin and currency processing solutions. While the new one pound coin is expected to be introduced smoothly this month, the greater challenge to organisations and consumers alike will be the withdrawal of the old, paper five...
Niu Solutions joins forces with the BBA to help UK banks solve their compliance challenges
- 8 years 2 months ago
- Banking
Niu Solutions, the leading provider of IT consultancy and infrastructure services, today announces a new partnership with the British Banking Association (BBA) that will strengthen the services it offers the financial services sector.
intec presents measurement solutions for Super Vectoring and G.fast at CeBIT 2017
- 8 years 2 months ago
- IT Innovations, Infrastructure
intec, major European provider of xDSL, Ethernet and IP measurement technology, is presenting its high-end ARGUS® multifunction testers at CeBIT, the world's largest information technology and telecommunications trade show. All visitors are invited to experience the testers' performance on an actual street cabinet in live demos at intec's booth in hall 12.
AI will power 95% of customer interactions by 2025
- 8 years 2 months ago
- IT Innovations, Infrastructure
Businesses are failing to prepare for a future led by Artificial Intelligence (AI), virtual reality, augmented reality and holograms, Servion Global Solutions has warned. While automation has played a role in customer experience for some time, industries are reaching a tipping point – not only are intelligent machines on the verge of taking over, but consumers want them to. Indeed, Servion predicts that, by 2025, AI will power 95% of all...
Aquila Capital expands Nordic portfolio with acquisition of wind project
- 8 years 2 months ago
- IT Innovations, Infrastructure
Aquila Capital is expanding its portfolio in the Nordics with the acquisition of its first project in Finland, a wind farm with an installed capacity of 14.4 MW on the coast near Kokkola. The Windpark Ykspihlaja includes four Nordex N131/3600 turbines and is in one of Finland’s most favorable locations with an average wind speed of 7.7 meters/second. This will generate a capacity factor of 43%, which is above average for wind projects.
Top Five Women Changing Fintech In The UK
- 8 years 2 months ago
- FinTech StartUps
In light of International Women’s Day (08/03/17), here are the five women who should definitely receive an honourable mention for bridging the gender inequality gap within the fintech sector: 1. Marta Krupinska, Azimo Marta is the General Manager & Co-Founder of Azimo, which seeks to disrupt the world of money transfer. Originally from Poland, she speaks five languages, and in her day-to-day role, Marta oversees Azimo’s operations and is...
Broadridge Growths With Acqiusition of Message Automation
- 8 years 2 months ago
- Trading Systems, Investment Management, M&A Deals
Broadridge Financial Solutions, Inc. announced today that it has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation Limited, a leading specialist provider of post-trade control solutions. The acquisition accelerates Broadridge's ability to allow firms to transform their risk and compliance capabilities, particularly for complex asset classes where...
Kodak Alaris Information Management partners with ITESOFT-Yooz Group
- 8 years 2 months ago
- IT Innovations, Infrastructure
Kodak Alaris Information Management (IM) recently announced a strategic alliance with document capture solution vendor ITESOFT-Yooz Group. The partnership will provide organisations with a comprehensive solution for automated invoice processing, focused on customer needs and specifications.
UK Firms Adapt to ‘New Normal’ of International Trade
- 8 years 2 months ago
- Payments
A new research report released today by AFEX, one of the world’s largest non-bank providers of foreign currency and risk management solutions, reveals a sharp increase in the number of UK importers and exporters re-evaluating their international trade strategies following the June 2016 EU referendum. AFEX’s third Currency Risk Outlook survey questioned more than 650 financial decision makers globally at SMEs engaged in international commerce...
Fidor partners with Van Lanschot in the Netherlands to create the first PSD2-inspired Payment Avenue
- 8 years 2 months ago
- Online Banking
Fidor, the advanced provider of digital banking solutions that helps firms launch and run their own digital banks, today signed a partnership agreement with Van Lanschot, the leading wealth management firm, founded in 1737 in the Netherlands.