BT Creates Innovation In Financial Services With Fintech Start-ups Initiative
- 11 years 1 month ago
- IT Innovations
BT today announced a new drive to accelerate innovation in global financial markets by bringing fintech start-ups onto the BT Radianz Cloud, the world’s largest, secure networked financial community. The Radianz Cloud celebrates its 15th anniversary this year. Fintech start-ups are a growing source of innovation in the financial markets industry. But their small size creates challenges around market adoption, delivery and meeting the stringent...
US Banks To Spend $16.6bn On Digital Transformation
- 11 years 1 month ago
- Payments, Retail Banking
American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights. As the retail banking delivery model is upended, financial institutions will increasingly focus their budgets on digital transformation, with spending growing at a compound annual growth rate of 10.4% into 2019, predicts IDC. This compares to a growth rate of just 3.9% for overall IT spending by US...
Mariner Investment appoints Chief Risk Officer
- 11 years 1 month ago
- People Moves
Mariner Investment Group, the alternative investment manager, has appointed Dmitry Green as Chief Risk Officer. Mr. Green has managed investment risk at a number of blue chip alternative investment firms, and joins Mariner from Saba Capital where he was MD and CRO. Mr. Green will be responsible for monitoring investment risk across all of Mariner's businesses. He will be a member of the firm's Investment and Risk committees, and will report...
Singapore To Invest S$225m In Fintech Sector
- 11 years 1 month ago
- Investment
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the investment (around US$167 million) in the Financial Sector Technology & Innovation (FSTI) scheme during a speech.
Cisco Announces Intent to Acquire OpenDNS
- 11 years 1 month ago
- M&A Deals
Cisco announced its intent to acquire OpenDNS, a privately held security company based in San Francisco. OpenDNS provides advanced threat protection for any device, anywhere, anytime. The acquisition will boost Cisco's Security Everywhere approach by adding broad visibility and threat intelligence from the OpenDNS cloud delivered platform.
Citi Upgrades Mobile App For U.S. Clients
- 11 years 1 month ago
- Mobile Banking
Citi announced today the release of its completely redesigned Citi Mobile® App for iPhone® in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch™ and adds new features responding to customer feedback and changing behaviors. Citi redesigned the app, consolidating menus, delivering effortless browsing, and introducing a new, simplified...
AIM Software Announces Marco Sablone As Sales Director, North America
- 11 years 1 month ago
- People Moves
AIM Software, a global software provider of Enterprise Data Management (EDM) solutions for financial and securities institutions worldwide, today announced the appointment of Marco Sablone as Director of Sales for the North American Market. Reporting to Josef Sommeregger, Chief Commercial Officer, Marco Sablone will be responsible for leveraging AIM Software’s success in the region and increasing company revenues.
Thomson Reuters Launches Open Source Market Data APIs
- 11 years 1 month ago
- Data, Infrastructure
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, announced today the introduction of the Elektron API family, a set of open-source Application Programming Interfaces (APIs) that simplify access to Thomson Reuters data feeds and services, and help developers to innovate by creating their own customised applications. The Elektron API family consists of a broad set of interfaces ranging from...
BBVA Adopts Broadridge Post-Trade Utility Model to Optimize its Fixed Income Business
- 11 years 1 month ago
- Infrastructure
BBVA Group has entered a multi-year agreement with Broadridge Financial Solutions, Inc. (NYSE: BR) for a post-tra
Broadridge Announces New Advisor Intelligence Tool For Asset Managers
- 11 years 1 month ago
- Infrastructure
More than three-quarters of financial advisors are using ETFs in their investment strategies. This is the highest number in history, according to Advisor Intelligence - the industry’s most comprehensive intelligence tool for asset managers to understand the investment approaches of financial advisors. Advisor Intelligence reveals industry trends on advisor use of mutual funds and ETFs. Advisor use of fund products is changing. According to...
Scila Announces Deal with Irish Stock Exchange
- 11 years 1 month ago
- Trade Finance
The Irish Stock Exchange (ISE), the Dublin-based exchange, has chosen to implement Scila Surveillance, provided by the leading independent Stockholm-based surveillance technology provider Scila. The ISE will deploy Scila Surveillance for the surveillance of their trading on its markets. Deutsche Börse will take over the hosting and support of the Scila surveillance infrastructure, which will be located in Frankfurt.
Fidessa Launches New Low-latency DMA Platform
- 11 years 1 month ago
- Infrastructure
Fidessa group plc (LSE: FDSA) today announced the launch of its new low-latency DMA platform that provides brokers with high-performance, scalable and consistent access to global equity and derivatives markets. Built on Fidessa’s latest next-generation technology and delivered as a managed service, the platform helps firms reduce cost and improve efficiency by outsourcing the commoditized aspects of their market access infrastructure.
Tradeweb Axe Functionality Improves Buy-Side Discovery Of Liquidity
- 11 years 1 month ago
- Infrastructure
Tradeweb Markets, the leading global marketplace for electronic fixed income, derivatives and ETF trading, announced its actionable axes have significantly improved institutional investors' access to high quality liquidity for European government and corporate bonds. Tradeweb axes provide valuable pre-trade information in today's challenging environment of constrained dealer balance sheets and reduced market liquidity.
Western Union To Expand Money Transfers With Bansefi Mexico
- 11 years 1 month ago
- Payments, Retail Banking
As part of its continued commitment to the Mexico market, The Western Union Company (NYSE: WU), a leader in global payment services, and state-owned Banco del Ahorro Nacional y Servicios Financieros, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (BANSEFI), today announced an agreement to expand access to inbound money transfer services under Western Union, Vigo and Orlandi Valuta brands throughout the country.
Valitor Partners With Saxo Payments
- 11 years 1 month ago
- Payments
Saxo Payments, the global transactions services provider, has secured its fourth contract win in the space of a month.
