Published
- 04:00 am
TrueCommerce, a global provider of trading partner connectivity and integration solutions, has announced a cloud-based Unified Commerce Suite that provides multichannel merchants with Product Information Management (PIM) functionality and next generation B2B/B2C e-Commerce capabilities in one offering. A component of the TrueCommerce Foundry platform, the suite enables organizations to convert visitors into buyers by delivering consistent content, in real time, while offering a versatile toolset to capture, consolidate and exchange transactional data.
"To win in today's omni-channel retail environment, merchants must deliver compelling, consistent content that converts visitors into buyers," said TrueCommerce president Ross Elliott. "But the process doesn't stop there: to successfully complete the transaction and execute flawless delivery, retailers need full control over their transactional data. TrueCommerce addresses this issue with a solution that supports a whole commerce ecosystem by connecting the entire retailer network, digital marketplaces, online storefronts and internal business systems."
The TrueCommerce Unified Commerce Suite core benefits include:
- Increases conversions by sourcing, validating, enriching and publishing syndicated content across all channels
- Enables Value Chain Collaboration: empowers brands and retailers to easily share product content, removing barriers for optimizing collaboration and value creation
- Allows customers to place orders anytime, from anywhere, using any device
- Quotes accurate shipping costs to customers during the order process
- Uses Artificial Intelligence to determine the best location from which to fulfill an order
TrueCommerce Foundry is a broad set of unified commerce services and apps that connects customers, suppliers, channels, and systems. The new offering revolutionizes supply chain visibility and collaboration by helping organizations make the most of their omni-channel initiatives through business P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, cross-functional analytics, and product information management.
The platform leverages TrueCommerce's Global Commerce Network that includes over 92,000 pre-connected retailers, distributors and logistics service providers. A true managed services provider, TrueCommerce manages the onboarding process for new trading partners as well as the ongoing management of trading partner specific mapping and labeling changes.
- 08:00 am
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced a timetable for the first phase of settlement optimization, a significant enhancement aimed at removing an entire market day of settlement exposure without eliminating a calendar day from the standard trade settlement process.
Based on support and feedback from the Settlement Optimization Working Group, DTCC is taking a phased approach to the implementation of Settlement Optimization, beginning with Night Cycle Re-engineering.
By focusing initially on re-engineering the night cycle, a processing batch occurring in the overnight hours, DTCC seeks to significantly increase settlement rates going into the next morning. Today’s more sequential algorithm results in a night cycle settlement rate of about 45% for all transactions during that period. However, DTCC estimates it can increase that same settlement rate to as high as 90% as a result of the re-engineering.
This increase in settlement in the night cycle is a prerequisite for the Working Group to explore the implementation of Settlement Optimization Phase 2, the introduction of morning settlement in addition to today’s end-of-day settlement process. By moving from the afternoon of settlement date to the morning before market open, the risk associated with funds settlement will be reduced.
“Night Cycle Reengineering will create and lead to a number of industry benefits including improved processing efficiency, reduced operational risk and improved intraday settlement finality,” said Murray Pozmanter, DTCC Managing Director and Head of Clearing Agency Services. “With this plan, we are beginning to bring our vision for the evolution of the U.S. equities market structure to life.”
The new approach to the night cycle introduces an advanced settlement processing algorithm capable of evaluating each member’s transaction obligations, available positions, transaction priority instructions and risk management controls while identifying the transaction processing order that maximizes the number of transactions settled.
The Settlement Optimization Working Group, formed in September 2017 and now with about 50 members including major service providers, gave important feedback on the re-engineering proposal including the proposed timeline and key processing times.
The launch of Night Cycle Re-engineering is subject to regulatory approval, as are the additional phases that will be addressed over time.
- 01:00 am
TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced TIBCO Jaspersoft® 7, the company’s latest version of its embeddable business intelligence (BI) and analytics software. Jaspersoft 7 introduces a streamlined workflow for designing interactive data visualisations by deeply integrating them into web and mobile-web applications, offering quicker time to market and deployment of embedded analytics.
Jaspersoft 7 turns its data visualisation viewer (TIBCO Jaspersoft Ad Hoc Viewer) into an immersive BI component, allowing for individual visualisations not only to be embedded into applications, but integrated to the degree that they blend into the application experience. This immersive BI experience is made possible with Visualize.js—a programmable JavaScript framework for embedding analytics into applications. With Jaspersoft 7, the process of producing production-quality embedded analytics is greatly simplified. This gives software developers the ability to quickly build intuitive data experiences into their applications that empower non-technical, non-analyst application users to effectively leverage data in decision-making.
“We saw an opportunity to create embeddable business intelligence components for developers, the ones who build modern web applications that seamlessly integrate data in a visual way, and most importantly, do it in the perfect context for users to take action,” said Tom Tortolani, head of product management for Jaspersoft, TIBCO. “We continue to add more open, plug-and-play building block components with every release, enabling developers to create dynamic and immersive user experiences.”
Jaspersoft 7 also announced support for two TIBCO analytics products: TIBCO Spotfire and TIBCO Data Virtualisation. With this new support, users can now leverage data from Spotfire to create reports, dashboards, and visualisations with Jaspersoft. Additionally, TIBCO Data Virtualisation is a newly certified data source, allowing users to virtualise data across all their systems simultaneously and access it with either Spotfire or Jaspersoft.
Stewart Rogers, vice president, products, of eLearning specialist Lambda Solutions describes his company’s experience as a member of the beta program for Jaspersoft 7: “The ability to quickly create visualisations that can be used in dashboards or directly embedded in our application is big. It gives users a clean process for natively integrating analytics into our application with Visualize.js. A key driver for us is the expand/collapse capability of embedded cross tabs. We find our users like the hierarchical control for visualising data.”
TIBCO Jaspersoft 7 is available now. To learn more visit https://www.jaspersoft.com/whats-new.
James Smith
Head of Architecture & Innovation at Cloud Technology Solutions
GDPR has been covered in great length in the run-up to the enforcement date, with checklists, guides and whitepapers telling us what we need to do to stay compliant. see more
Lina Andolf-Orup
Global Product Marketing Manager at Fingerprints
Contactless payments’ popularity is undeniable. Of the 3.5 billion payment cards produced annually, about half are now contactless. see more
- 06:00 am
Xceptor, a global provider of software for intelligent data automation, today announced two strategic appointments following a period of unprecedented growth that has seen the company revenues increase by 57% in the last year alone. The new hires will also underpin its ambitious expansion plans into the US, where it is seeing strong demand for its services.
Joining as the firm’s new Chief Financial Officer and Board member is Sharon Cooper. Sharon has extensive experience of running the finance and head office functions of major corporates in addition to operating within the private equity and public markets arenas.
Originally an auditor with Ernst and Young, Sharon became the Group Financial Controller of Sophos, where she ran the due diligence process in the sale to Apax Partners. Her first CFO role was at Digital Barriers plc, an Aim listed company, where she built the finance team and head office function, prior to leading the sale of the business to Volpi Capita.
Shaleen Dastur has a strong track record of sales success, particularly with the buy-side in the US. Prior to joining Xceptor, Shaleen spent almost 10 years at NorthPoint Solutions as Business Development Manager and later as Head of Sales for the Financial Services Practice before moving to Gresham Computing, as Senior Solutions Executive for North America and most recently to S3 Partners, where she was Director of Business Development.
Andrew Kouloumbrides CEO of Xceptor said: “I am so pleased to welcome Sharon and Shaleen, both are senior executives of the highest calibre and will help us to consolidate our growth and meet the surge in client demand for our data automation technology that is increasingly recognised as the lynch pin for operational and digital transformation programmes.”
With offices in London, New York, Singapore, Cape Town and Sydney, Cooper and Dastur will be a welcome addition to the rapidly expanding team that is already some 80-strong. With statistics showing that only 25% of senior management roles are held by women in the global financial services industry, 23% of board members are women and 18% of women can be found in global CFO roles, Xceptor is a supporter in driving gender diversity across the industry and helping to raise female representation at board levels.
In 2017 Xceptor was the highest new entry at number 3 in the Megabuyte Top 50 2017. Most recently Harrington Starr’s ranked it in its Definitive List of the 100 Most Influential FinTech Companies for 2018.
- 08:00 am
ELEMENT, the technology platform with a BaFin license for property, liability and accident insurance, and CPP, one of the first providers of smart services, have entered into a cooperation agreement. ELEMENT extends the identity theft protection Owl of CPP with cyber insurance, which effectively covers financial damages through digital data theft. The first result of the cooperation is "OwlPremium", which will be available this month for CPP business partners in the financial services industry.
OwlPremium offers credit institutions and credit card issuers added value for their customers. The OwlPremium product allows bank customers and credit card holders to protect themselves from the financial and reputation damage caused by digital identity theft and avoid the costs associated with data misuse. Companies that include the service in their portfolio and offer it to their customers as an additional service, not only address current consumer needs, but also present themselves as on the forefront of digital technologies. OwlPremium helps reduce damage to internet users from data theft and reduce the bank's own expenses for the settlement of misused credit cards.
The service stores data only within the European Union, has the highest security standards through PCI certification and 2-factor authentication and includes TÜV-certified comprehensive and quick support in the event of data theft and misuse.
Sören Timm, Managing Director of CPP Germany, is pleased about the cooperation with ELEMENT: "With Owl we offer a unique service for modern digital identity protection. Owl is now responsible for prevention and ELEMENT for claims management. Together we launch a holistic and highly innovative identity theft protection system for our bank customers".
Richard Hector, CSO at ELEMENT, comments on the cooperation: "Our tailor-made service is in line with the growing need for security among consumers whose lives are increasingly digital. With our platform we can design an individual insurance product in the shortest possible time, integrate this seamlessly into existing product and service providers, such as Owl, and guarantee the customer digital claims settlement.
- 08:00 am
Kudelski Security, the cybersecurity division within the Kudelski Group (SIX:KUD.S) and trusted cybersecurity innovator for the world's most security-conscious organizations, today launched a managed security service focused on the protection of Operational Technology (OT) and Industrial Control Systems (ICS). To facilitate this new offering, Kudelski Security has entered into a strategic partnership with Claroty, whose technology will be integrated with Kudelski Security's Cyber Fusion Centers (CFC) in Switzerland and the United States.
"Operational technology represents a growing risk for clients around the world," said Rich Fennessy, chief executive officer, Kudelski Security. "While a few prominent breaches in critical infrastructures have highlighted the need for better security, many organizations still struggle to monitor their industrial environments effectively. We are addressing this gap with defined services and proven technology that help reduce risk for clients."
Kudelski Security's managed security service offerings have continuously driven new innovation across Europe and the U.S., being the first to offer managed attacker deception services, early in 2017, following the launch of a suite of managed security services focused on managed detection & response (MDR). The addition of services specifically architected to monitor operational technology gives clients greater visibility and increased protection of their critical infrastructure to reduce risk exposure and the threat of a breach.
"We are pleased to extend our managed security capabilities with Claroty, a leading technology for OT and ICS network protection," said Alton Kizziah, vice president, global managed services, Kudelski Security. "We are constantly looking for technologies and capabilities that answer the most complex challenges and provide client value. By addressing the specific concerns facing OT and ICS, we offer providers of critical infrastructure and companies in the manufacturing and telecommunications sectors an essential service and the ability to reduce the risk of a breach."
Malicious activity on OT networks is on the rise, as evidenced by the increase in threat activity from ICS attack groups and the emergence of ICS-specific malware, including Trisis and CrashOverride. This trend is set to continue into the future and Gartner estimates that OT security-specific spending will reach between $8 and $14 billion by 2022. Kudelski Security's partnership with Claroty is designed to address real-time security monitoring and response for OT networks from a broad range of industries including energy and utilities.
By integrating Claroty into Kudelski Security's CFC strategy, the company will now be able to provide operators and security analysts unrivaled visibility into their OT networks and the systems that support them, while also being completely passive. By design, normal operations are not affected so these critical systems can continue to function without interruption.
The addition of Claroty to enable OT monitoring capabilities is a step toward realizing a broader, three-tiered strategy to secure the digital transformation process in both OT and IoT environments. The group's IoT Security Center of Excellence, launched in 2017, conducts device security assessments and provides security design services, while its IoT Security Platform protects the security lifecycle of devices and the critical data they produce. When paired with Managed Services from Kudelski Security, this also enables the group to monitor IoT device security and provide incident response. The result is a comprehensive approach to helping companies design, run and sustain secure IoT businesses.
For additional information on the threats facing OT used heavily by critical infrastructure sectors, download Kudelski Security's latest whitepaper, Operational Technology: The Next Battleground. Developed by the company's research team, the paper provides an introduction to the threat landscape, severity of the issues and provides a perspective on future trends. To access the report, click here.
- 02:00 am
Qualtrics, the leader in experience management, announced today the availability of a mobile in-app software development kit (SDK) available for its comprehensive Qualtrics Customer Experience (CX) Platform.
The Qualtrics mobile in-app SDK, available for iOS and Android platforms, and accompanying designer portal, enables brands to quickly and easily build branded customer feedback experiences that originate directly from the brand's own mobile app.
The Qualtrics CX Platform is built for a mobile-first world. For today's constantly connected consumer, an engaged and meaningful experience is not only coveted, it is expected. Qualtrics enables brands to stay constantly connected to the voice of the customer through investments such as the mobile in-app SDK.
"Digital is becoming the backbone to customer relationships," said Bruce Temkin, managing partner of the Temkin Group. "If companies can't make an emotional connection online, then they'll struggle to attract and retain customers."
This new designer portal allows digital managers to easily design the feedback experience, including look and feel, and provides dynamic control of numerous targeting triggers without the need to update the app again.
The designer portal is part of the newly enhanced website and app feedback experience that is deeply integrated with the Qualtrics Experience Management (XM) PlatformTM. Now, CX teams can work in the same platform (under a single login) and have a consistent end-to-end experience across survey editing, dashboards, analysis and digital intercepts.
"It was fantastic to be able to integrate the same survey that we use across our other channels into our app as well," said Jayson Bell, lead experience designer at Vector Limited, the largest distributor of electricity and gas in New Zealand. "This has given Vector the ability to gather an experience score from any of our users, regardless of their chosen channel."
The Qualtrics CX Platform is the most advanced end-to-end platform for measuring, managing and improving the customer experience. With industry-specific expertise and comprehensive implementation support and services, Qualtrics helps businesses build the competencies and capabilities they need to improve customer acquisition, retention and loyalty. With an emphasis on increasing customer share of wallet and reducing cost-to-serve, the Qualtrics CX platform can drastically benefit the bottom line as well as help increase brand awareness and equity.
