Columbia Bank, New Jersey’s Largest Mutual Bank, Selects DNA from Fiserv to Scale with Growth
- 9 years 8 months ago
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Columbia Bank, based in Fair Lawn, New Jersey, has selected the DNA(TM) account processing platform and more than 20 additional Fiserv solutions to accelerate its growth. The $4.7 billion asset bank will use the Fiserv platform to increase efficiency and expand relationships with its retail and commercial customers.
Interactive Data’s Continuous Evaluated Pricing to be Published on MarketAxess’ Electronic Credit Trading Platform
- 9 years 8 months ago
Interactive Data, a leading provider of fixed-income evaluated pricing, announced that its continuous evaluated pricing is now available on the MarketAxess BondTicker™ data platform, and will soon also be available on MarketAxess’ award-winning electronic credit trading platform, in support of all-to-all Open Trading™.
ITG Unveils Dark List Algorithm
- 9 years 8 months ago
ITG (NYSE:ITG), a leading execution broker and research provider, today announced the launch of the ITG Dark List Algorithm, a next-generation algorithm which brings ITG's unique dark trading capacity to portfolio traders. Using a proprietary optimization technique, the algorithm is able to efficiently trade a list in POSIT Marketplace® and POSIT Alert® without creating cash imbalances or over-trading liquid names.
MasterCard to acquire APT for $600 Million
- 9 years 8 months ago
- M&A Deals
MasterCard today announced that it has entered into an agreement to acquire Applied Predictive Technologies (APT) for $600 million, subject to customary purchase price adjustments. Applied Predictive Technologies is a leading cloud-based analytics provider. APT’s Test & Learn® platform helps companies tailor investments and maximize bottom-line impact by harnessing analytics to design, measure and calibrate marketing, merchandising,...
Industry survey reveals 80% of market participants believe T+2 will become global settlement cycle
- 9 years 8 months ago
- Risk Management
A comprehensive study published by Omgeo, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the global standard for institutional post-trade efficiency, reveals that 80% of respondents believe T+2 will become the global standard for settlement cycles within 10 years.
Capita launches new flexible payment service to benefit small and medium sized enterprises
- 9 years 8 months ago
Capita announces today it has launched Pay360, a new simple and flexible customer payment service, allowing any size of organisation to take card payments how and where they choose. The service is designed to make taking payments simple and easy and works with all face-to-face, online and telephone payment channels to help businesses improve cash flow, enhance customer service and strengthen their proposition; ultimately increasing their...
REMIT survey finds data collection risk is the key issue
- 9 years 8 months ago
- Data
Trayport today announced the results of its latest market participant survey. The survey was sent to over 50 companies including small and large trading firms and some of the industry's largest utilities.
Capgemini to acquire IGATE
- 9 years 8 months ago
- M&A Deals
Capgemini and IGATE today announced that they have entered into a definitive merger agreement under which Capgemini will acquire IGATE for a cash consideration of $48 per share. The transaction will amount to $4.0 billion and is expected to be immediately accretive to Capgemini’s normalised Earnings Per Share (EPS)[1].
Tunis International Bank goes live on ICS Banks core system
- 9 years 8 months ago
- Banking
Tunis International Bank (TIB), the first bank established in Tunisia under the non-resident banking regulations and a member of Burgan Banking Group, the regional banking arm of Kuwait Projects Co. (KIPCO), went live on ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.
Fidelity Life Association Selects Concentrix as Third Party Administrator
- 9 years 8 months ago
- M&A Deals
To enable faster product development, greater process automation and higher-quality interactions with its North American insurance clients, Fidelity Life Association (fidelitylife.com) has selected Concentrix Corporation, a wholly owned subsidiary ofSYNNEX Corporation (NYSE: SNX), to process insurance claims and
Sopra Banking Software and Axway win PayForum Award 2015 for HeliPay
- 9 years 8 months ago
- Mobile Banking
At the PayForum event, Sopra Banking Software, a global leader in software and services for banks and financial institutions, has won a PayForum Award 2015 for the multi-service HeliPay platform it jointly developed with Axway.
Payments Innovation: Mobile and online payments technology, fraud prevention top list of investments for banks and retailers, global survey by ACI Worldwide and Ovum finds
- 9 years 8 months ago
- Payments
The overwhelming majority of banks, retailers and billing organisations worldwide are currently investing or planning to invest within the next two years into new payment technologies and infrastructure, a global survey by payments provider ACI and Ovum has revealed. Investment is driven by changing consumer behaviour as well as new market entrants threatening to disintermediate the existing payments supply chain. However, concerns over security...
Xignite Named Top 100 Private FinTech Company by AlwaysOn OnFinance 2015
- 9 years 8 months ago
- Market and Reference Data
Xignite, the leading provider of market data cloud solutions for financial services, announced today that it has been named to the AlwaysOn OnFinance Top 100 list of private companies who are defining the future of fintech through their innovative solutions and technologies.
smartTrade Technologies wins Waters Best OTC Trading Initiative Award
- 9 years 8 months ago
smartTrade Technologies announces today that smart-FI™, its end-to-end trading solution designed for Fixed Income and OTC derivatives businesses, was awarded the best sell-side OTC Trading Initiative at the Sell-Side Technology Awards held by Waters Technology. This award recognizes the new and innovative ways of tackling the increasingly electronic derivatives trading landscape, with demonstrable benefits to sell-side firms.
