Latest news

Late Payments Reach Two-Year Low Among UK Cardholders

10 years 1 month ago
Payments

New data from FICO (NYSE:FICO), the predictive analytics and decision management software company, showed that late credit card payments have continued to decline in the UK, reaching the lowest point in more than two years. FICO's analysis of around 80 percent of all credit cards issued in the UK showed a continued decline in the percentage of accounts that are delinquent, matched by a decline in the balances that are delinquent.

OptionsCity Launches Next-Generation Professional Futures and Options Trading Platform, Metro NOW

10 years 1 month ago

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced the full release of its modular trading platform, Metro NOW. Metro NOW offers professional traders, financial institutions, hedge funds, banks, and commodity trading houses a customizable and scalable futures and options-trading platform, deployed seamlessly via the web.

Credit Agricole CIB Chooses DealHub for its FX Post Trade STP connectivity

10 years 2 months ago

DealHub (Option Computers Ltd) announced today that its FX post trade connectivity platform has been deployed at Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB). DealHub’s modular platform combines the firm’s comprehensive market connectivity with flexible, rules based trade routing and processing, to provide Crédit Agricole CIB with a unified backbone for Straight Through Processing (STP), compliance and post trade...

OptionsCity Selected as Preferred Vendor for Nasdaq Energy Futures

10 years 2 months ago

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, and Nasdaq today announced that OptionsCity is a preferred independent software vendor for Nasdaq Futures (NFX), the exchange group’s U.S. based designated contract market (DCM). Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power,...

NEPC selects Milestone Group’s pControl to support discretionary services business

10 years 2 months ago

Milestone Group, the global provider of investment management fund processing technology, is pleased to announce that NEPC, LLC (NEPC) has selected pControl to be its core platform to perform end-to-end account processing for its growing discretionary business. The platform gives Outsourced Chief Investment Officer (OCIO) providers like NEPC a single platform to manage all their portfolio’s activities including analytics, trading, cash...

Bank of the West Customers Use Snap-to-Pay from Fiserv

10 years 2 months ago
Mobile Banking

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of the West, a $71.7 billion asset bank with locations in 22 states, has added the Snap-to-Pay(TM) capability to its mobile banking app. Snap-to-Pay enables customers to pay bills with a snap of their smartphone cameras and is currently offered through the Mobiliti Enterprise(TM) mobile banking and payments solution from...

Deutsche Bank and HP sign agreement

10 years 2 months ago
Infrastructure

Deutsche Bank and Hewlett-Packard (“HP”) today announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology (IT) environment and aims to significantly reduce related IT infrastructure costs. Under the terms of the agreement, which mainly covers wholesale banking IT infrastructure, HP will provide dedicated data centre services on demand including storage, platform and hosting. Deutsche...

Bank of the Ozarks Converts to Premier from Fiserv to Provide Integrated, Comprehensive Banking Solution

10 years 2 months ago
Banking

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of the Ozarks, headquartered in Little Rock, Arkansas, successfully converted to the Premier(R) bank platform. In addition, the bank is implementing a host of additional Fiserv solutions to enhance capabilities and optimize processes for the institution.

Instinet achieves #5 ranking among cash equities brokers in Europe

10 years 2 months ago

Instinet Europe Limited (IEL) today announced its number five ranking, by customer market share, among cash equities brokers in Europe, according to a research report published by Markit. Instinet was the only firm in the top ten to climb the rankings in 2014, increasing market share from 6% to 10%, doubling its traded client volumes in Europe last year and seeing volumes worth €990bn compared to €486bn in 2013. Instinet saw growth in large,...

BIL Manage Invest selects Linedata Front Office platform for its Luxembourg based asset management businesses

10 years 2 months ago

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that BIL Manage Invest (BMI), the management company of Banque Internationale à Luxembourg (BIL), has selected Linedata Front Office Platform to manage their complete front-to-back asset management workflow across their full suite of investment funds.

ECB Joins Misys Infusion Programme To Promote Core Banking In Africa

10 years 2 months ago
Banking

Misys, the leading financial software company, has signed an agreement with ECB, a Zimbabwe-based application software and services provider, to join the Misys InFusion partner programme. Working with banks and government institutions in Zimbabwe, Malawi, Angola, Botswana, Zambia and other African countries, ECB provides expertise in application development, managed services, strategic sourcing, training and consulting, designed to bring...

Compass Plus survey reveals that age plays a significant role in consumers' payments behaviour

10 years 2 months ago
Retail Banking

A survey conducted by Compass Plus, an international provider of innovative retail banking and electronic payments software to financial institutions and processors, has revealed that the age of the consumer plays a significant role when making financial decisions. The survey, in which 650 UK residents answered questions about their banking and payments habits, found that behaviours vary between age groups in both their preferences towards...

FirstOntario Credit Union selects Temenos for core banking transformation and business intelligence

10 years 2 months ago

Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that it has signed a deal to provide FirstOntario Credit Union with its award-winning core banking system, T24, and its business intelligence solution, Insight. FirstOntario is one of the 20 largest credit unions in Canada, 50% of which already use Temenos’ business intelligence suite.

Traiana wins Market Choice Award

10 years 2 months ago

Traiana, the leading provider of pre trade risk and post trade processing solutions, announces today that its CCP Connect for Equities service has won Markets Media’s Best New Clearing Product award at the annual Market Choice Awards on 19 February 2015. The Markets Choice Awards are decided by a combination of editorial research and online feedback, in conjunction with the Markets Media Advisory Board.