At SIBOS, bank CIOs agree; Disruption starts with Trade Finance and the Internet of Things
- 10 years 9 months ago
- Trade Finance
In a rare session for Sibos 2015, having almost no mention of blockchain, leading technologists from three of the world’s largest banks shared their views on the transformative effect of digital technologies on the business of banking.
Microsemi Corporation Announces Superior Proposal to Acquire PMC-Sierra, Inc. for $11.50 Per Share With Intent to Close in December 2015
- 10 years 9 months ago
- M&A Deals
Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced that it submitted an offer to acquire PMC-Sierra, Inc (Nasdaq:
WEX Announces Definitive Agreement to Acquire Electronic Funds Source
- 10 years 9 months ago
- M&A Deals
WEX Inc. (NYSE:WEX), a leading provider of corporate payment solutions, today announced it has entered into a definitive agreement to acquire Electronic Funds Source LLC ("EFS") for a total consideration of approximately $1.1 billion in cash and 4.0 million shares of common stock to be issued to investment funds affiliated with Warburg Pincus, EFS' current owner. The acquisition is expected to be immediately accretive to adjusted net income.
Profile Software shortlisted in three technology categories at the WealthBriefing GCC Awards
- 10 years 9 months ago
- Infrastructure
Profile Software, an international financial solutions provider, announced today it has been shortlisted in the WealthBriefing GCC region awards as the only firm in three key technology categories, namely “Portfolio Management,” “On-boarding” and “Innovative Client Solution”, due to the recent developments implemented in its platforms.
InvestCloud to Secure $45 Million Growth Equity Investment
- 10 years 9 months ago
- Investment, Cloud
InvestCloud, Inc, a provider of cloud-based front and middle-office solutions focused on digitizing customer experiences and internal operations for global investment advisors, today announced it has raised $45 million in growth equity funding. The round was led by FTV Capital and will be used to further invest in the company's state-of-the-art platform and functionality, enhance customer service, and expand the company's global footprint....
Spotex Deploys Azul Zing for Consistent Low Latency Trading
- 10 years 9 months ago
- Infrastructure
Azul Systems (Azul), the award-winning leader in Java runtime solutions, today announced that Spotex, an innovative Foreign Exchange (FX) Electronic Communication Network (ECN) focused on improving FX trading for both buy and sell-side participants, has deployed Zing(R) within its trading infrastructure. Zing is Azul's Java Virtual Machine (JVM) designed for Java-based applications and systems that require consistent low latency and high...
NCR SaaS payment solutions and POS technologies enhance customer experience across food, beverage and amusements
- 10 years 9 months ago
- Payments, SaaS
NCR Corporation(NYSE: NCR), the global leader in consumer transaction technologies, worked with Vix Technology, a global provider of smart access, booking, ticketing and payments systems, to supply the Royal Agricultural Society of Victoria (RASV) with enabling technologies to enhance customer experience at the 2015 Royal Melbourne Show held from 19-29 September at the Melbourne Showgrounds.
Aegon Integrates Digital Keystone’s Adaptive Portal
- 10 years 9 months ago
- Infrastructure
Digital Keystone’s Adaptive Portal Workflow Engine Powers Aegon’s Secure Retirement Income & Connectivity Propositions Digital Keystone, a leading provider of state-of-the-art financial services software, is pleased to announce that Aegon UK has successfully implemented its Adaptive Portal to support two new strategic investment platform initiatives.
Cisco Innovation Center Opens Doors in Berlin
- 10 years 9 months ago
- Infrastructure
Cisco (NASDAQ: CSCO) today announced the inauguration of openBerlin, a Cisco® Innovation Center. The center is now fully operational in the Euref campus in Berlin's Schöneberg district.
Skyscape Cloud Services scoop first prize at Clearwater International’s Cloudex 20:20 awards
- 10 years 9 months ago
- Cloud
Skyscape, a supplier to the UK government’s G-cloud framework, have been announced the winner of the 2015 Cloudex 20:20 awards. The business had previously won the ‘one to watch’ award at the 2013 ceremony. Clearwater International launched its Cloudex 20:20 awards in 2013 as the business was keen to profile innovative and emerging players in the UK cloud industry. The awards highlight the country’s top 20 independently-owned cloud technology...
Scotiabank Creates New Digital Factory to Bring Together Top Tech Minds
- 10 years 9 months ago
- Banking, Infrastructure
Scotiabank is announcing a significant milestone in its digital transformation, with the development of a new Digital Factory that will pursue, design and deliver digital innovations and solutions for the Bank's customers. Scotiabank's Digital Factory will house more than 350 jobs for top technology talent under one enterprise-wide mission: to help Scotiabank provide a seamless, personalized experience to its customers, so they can be served how...
Lanware expands end-to-end IT services through Level 3 Communications’ data centre
- 10 years 9 months ago
- Data, Infrastructure
Lanware, providers of outsourced technology solutions for investment firms and financial institutions, is expanding into Level 3 Communications’ data centre in Brussels to support business growth and enable the facilitation of a wider suite of services to customers. With a dedicated suite at Level 3’s Brussels data centre, Lanware will deliver a 50 percent increase in capacity to its clients.
BizEquity Announces Strategic Partnership with eMoney Advisor
- 10 years 9 months ago
- Wealth Management
BizEquity, the world’s leading online provider of business valuation knowledge and big data, today announces that it has signed a strategic partnership with eMoney Advisor LLC (eMoney), the leading provider of advanced wealth-planning solutions for financial advisors.
Infosys Creates IBM Bluemix-powered Innovation Lab to Accelerate Creation of App Solutions
- 10 years 9 months ago
- Infrastructure
IBM and Infosys INFY, +1.19% a global leader in consulting, technology, outsourcing and next-generation services, today announced a collaboration in which Infosys will tap Bluemix, IBM's Cloud platform to rapidly prototype, develop and deploy the next generation of Cloud apps for its global client base.
Acadia First Nation Announces Partnership With Mi'kmaq Dawn-Works and Trinity Bay Technologies to Launch Global Financial Transaction Processing Platform
- 10 years 9 months ago
- Transaction Banking, Infrastructure
On October 15, 2015 Acadia First Nation (ACADIA) announced a strategic partnership with Mi'kmaq Dawn-Works Inc. (MDW) and Trinity Bay Technologies (TBT) to launch a Global Financial Transaction Processing Platform (GTP) to be located in Yarmouth, Nova Scotia. This GTP will be an industry leader and will be capable of managing and completing millions of complex financial messages on a daily basis.
