Published
- 09:00 am

Today Infosys, a well-known provider of consulting, technology, outsourcing, and next-generation services, has revealed Infosys Nia, the next-generation AI platform. Newly launched mechanism combines company’s first-generation AI platform, Infosys Mana and AssistAdge, its Robotic Process Automation (RPA) solution.
Infosys Nia brings together the big data-analytics, machine learning, knowledge management, and cognitive automation functions of Mana. Furthermore, it includes end-to-end capabilities of AssistEdge, Sytree’s advanced and scalable machine learning capabilities, optical character recognition (OCR), natural language processing (NPL) and infrastructure management services.
The Infosys’s new flexible technological advancement enables developing highly customizable services in order to build smooth customer experience. Infosys Nia can help clients solve variety of issues, including order-to-cash process, forecast of variability of manufacturing and material costs, customer genome and models of multiple complex contracts to operationalize the knowledge.
Senior manager of HfS department, Dr. Tom Reuner stated that by leveraging and integrating a broad set of artificial intelligence technologies, Infosys is supporting customers on their journey towards business transformation. The modular set up of Infosys Nia allows more flexibility when addressing diverse sets of use cases. On this journey, company’s expansive AI and cognitive computing capabilities provide customers with solutions that put data at the center of their service delivery strategies. That might sound trite, but really, data is becoming the new currency.
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Chris Skinner
Chairman at Financial Services Club
I have a keynote coming up on see more
- 07:00 am

HDBaseT Automotive is poised to become the first industry standard with built-in cyber security for in-vehicle connectivity. Today, the HDBaseT Alliance, the cross-industry group tasked with promoting and advancing HDBaseT technology, is announcing the establishment of a Cyber Security Working Group, with the participation of Check Point, Argus and Valens. The Working Group will define the necessary specifications for a more secure connected car.
Check Point Software Technologies, the leader in cyber security solutions in the market, has joined the Alliance as a Contributor member, and will lead the Cyber Security Working Group. Argus Cyber Security, the world's largest independent automotive cyber security company, is also joining the Alliance as a Contributor member of the Cyber Security Working Group. Valens, inventor of HDBaseT and HDBaseT Alliance founder, will play a central role in this collaboration to accelerate development of these requirements.
"Over the past year, the HDBaseT Alliance brought many important players in the automotive sector to the Alliance. By joining the Alliance, Check Point and Argus will drive the development of a safer, better equipped solution for in-vehicle connectivity. With this partnership, we are raising the bar in the industry in terms of automotive cyber security and the Alliance is proud to lead this process."
"Cars today have multiple electronic control units containing millions of lines of code which are vulnerable to cyber threats. We have seen hackers gain control over connected cars, endangering the lives of drivers and others on the road. Now more than ever, security for connected cars has become a critical requirement and needs to be implemented from the design stage. This is why Check Point is extending its industry-leading technologies into the automotive sector to keep these critical systems one step ahead of threats."
Amnon Bar-Lev, President, Check Point Software Technologies
"Valens believes in the continuous advancement of HDBaseT technology, and HDBaseT Automotive is no different. We are excited to work with Check Point and Argus to further strengthen in-vehicle cyber security with HDBaseT, providing our customers with a solid and reliable solution for years to come."
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Mary Ann Callahan
Freelance Journalist at Cex.io
Bitcoin may be the talk of the moment, but did you realize that Bitcoin is simply a tip of an iceberg as far as cry see more
- 02:00 am

The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, are collaborating to jointly develop a module on financial technology, to better equip students with essential knowledge and skill sets in this area.
Leading the pack in blockchain banking: Trailblazers set the pace: Fifteen percent of banks and 14 percent of financial market institutions interviewed by IBM intend to implement full-scale, commercial blockchain solutions in 2017. 65 percent of banks are expecting to have blockchain solutions in production in the next three years.
Healthcare rallies for blockchains: Keeping patients at the center: Healthcare institutions are going all-in - investing heavily in blockchain pilots, with nine in ten respondents planning to invest by 2018 across all business areas IBM surveyed them about.
Building trust in government: Nine in ten government organizations surveyed plan to invest in blockchain for use in financial transaction management, asset management, contract management and regulatory compliance by 2018.
The Singapore government’s strategic goal to become a Smart Financial Centre[1] has put focus on blockchain for Singapore. Through its Financial Sector Technology & Innovation (FSTI) scheme, the Monetary Authority of Singapore (MAS) has committed S$225 million (US$157 million) over a five-year period to provide support for the creation of a vibrant fintech ecosystem. Among the projects that have been backed by the scheme is a decentralized record-keeping system based on blockchain technology aimed at preventing duplicate invoicing in trade finance.
The new module on financial technology is expected to be introduced in January 2018, and will focus on blockchain and distributed ledger technologies. It seeks to equip students with an understanding of the fundamentals of the technology behind distributed ledgers, and its diverse use cases, from banking to digital currencies to supply chain management. NUS faculty members will co-develop the curriculum of the new module with IBM researchers at ICBI to enable students to learn about the latest developments in blockchain technology, and encourage them to contribute to developing the technology further. The module will be co-taught by NUS academic staff and ICBI staff who will use financial technology software such as Hyperledger Fabric, one of the five projects under the Hyperledger umbrella, to deliver the course content. Such software will also be made available to NUS researchers for research purposes.
Blockchain, or distributed ledger technology, is a distributed database of transactions shared across a network of trusted entities. Blockchain helps create greater accountability, transparency and potentially trust for all transactions and is currently being used in business applications across industries including banking and financial services, supply chain and logistics and retail.
“Our work with ICBI marks yet another important milestone in our continuous efforts to bring industry relevant knowledge to our classrooms and at the same time inculcate technological responsibility in our students by spearheading the development of financial technology in Singapore, as the nation strives to become one of the world’s key digital financial hubs. The new module forms part of the newly enhanced Information Systems degree programme in which a new specialization in Financial Technology has been introduced. We are confident that our graduates will be well-prepared for the wide-ranging career opportunities in this fast-growing sector,” said Associate Professor Hahn Jungpil, Head of the Department of Information Systems at NUS School of Computing.
“Blockchain is one of the most disruptive technologies in computing today, and it is impacting many industries including financial services, trade, healthcare and supply chain. This collaboration with the National University of Singapore School of Computing will help prepare a future workforce that is born on blockchain, ready to implement, improve and innovate: core skills required for Singapore to achieve its vision as a Smart Financial Centre and Smart Nation,” said Robert Morris, Vice President Global Labs, IBM Research.
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- 09:00 am

Centrify, the leader in securing hybrid enterprises through the power of identity services, today announced significant enhancements to its best-in-class privileged identity management (PIM) solution to stop breaches that abuse privilege. By minimising the attack surface and controlling privileged access to the hybrid enterprise, Centrify’s new capabilities enable organisations to move from static, long-lived privilege assignments to a just-in-time model where advanced monitoring detects and alerts in real-time on the creation of backdoor accounts that make it easy to bypass a password vault.
Securing privileged access in today’s hybrid enterprise is mandatory in achieving a mature risk posture. According to the The Forrester Wave: Privileged Identity Management, Q3 2016, 80 per cent of breaches leverage privileged credentials to gain access to the organisation. The increasingly hybrid nature of infrastructure, driven by the adoption of cloud-based workloads, is driving the need to secure privileged access across on-premises, private-cloud and public cloud infrastructure and apps with a single solution. And while most PIM solutions have traditionally focused on vaulting the credentials for shared accounts on-premises, password vaults alone do not provide the level of privileged access security required to stop the breach.
“Data breaches are happening at an alarming rate and to stop them Centrify is taking a unique approach to controlling privileged access in the hybrid enterprise that simplifies the implementation of PIM best practices and strengthens an organisation’s risk posture,” said Bill Mann, chief product officer at Centrify. “By contrast, password vaults alone are not enough, best practices require organizations add and integrate point products to the vault, which leaves gaps in security and increases risk. We’ve closed those gaps with an integrated solution that combines password vaulting with brokering of identities, MFA enforcement and just-enough privilege, all while securing remote access and monitoring all privileged sessions.”
Only a Full PIM Solution Can Stop the Breach
A recent Forrester study examined four levels of Identity Access Management (IAM) maturity. It found a direct correlation between the number of PIM best practices an organisation has implemented and the number of security incidents it encounters. Centrify’s new PIM capabilities enable these best practices, adding to Centrify’s already comprehensive set of integrated services that help organisations increase their IAM maturity level and security posture.
- Establish Identity Assurance. Centrify ensures accountability by having users log in as themselves and attributing all activity to the individual. Its advanced host-based auditing capabilities now include process-level monitoring in addition to existing shell-based monitoring to attribute all activity to the individual instead of a shared account or alias. This new advanced monitoring adds a layer of security that is virtually impossible to spoof.
- Limit Lateral Movement: Centrify enables organisations to reduce the attack surface by governing privileged access and ensuring users’ privileges only apply on the approved server. Now you can require access approvals for role assignment and make them short-lived. Centrify’s proven host-based privilege management ensures that the user’s approved privileges apply only to the target system, and cannot be used across the network on other computers. And if credentials are compromised, hackers and malware will not have the privileges that would allow them to wreak havoc within your network.
- Institute Least Privilege: Centrify now uniquely governs access to both privileged accounts and privilege elevation via roles enabling organisations to implement true cross-platform least privilege access. Centrify lowers the risk of a security breach by granting just-in-time privilege and just-enough-privilege through temporary and time-bound access that leverages request and approval workflows. Audit trails and compliance reporting capabilities now include who has access, who approved that access and how that access was used across privileged accounts and privileged roles.
- Monitor Privileged Use: Centrify now monitors for the creation of backdoors whose existence make privileged access to infrastructure convenient instead of secure. Centrify’s advanced monitoring capabilities detect the growing threatscape and alert in real time through SIEM integration on rogue creation of SSH keys that enable privileged access that bypasses the password vault.
According to the Forrester study, organisations that reach the highest levels on the maturity scale are 50 per cent less likely to have a breach. In addition, these organisations save 40 per cent in security costs over their less mature counterparts, and spend $5 million less in breach costs.
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- 01:00 am

Ipreo, a leading global provider of market intelligence and workflow solutions to financial services and corporate professionals, announced its solution for integrating the Ipreo Investor Access platform, which allows investors to electronically submit orders directly to the sell-side syndicate banks on fixed-income new issues, with buy-side trading systems using the FIX Protocol.
An industry-led initiative, Investor Access allows investors to be alerted to new-issue announcements, receive information on deal terms and conditions, submit and manage orders, and receive electronic notification of allocation and pricing details, along with other deal-related information such as the prospectus and final terms.
“We spent a great deal of time working with both investors and syndicate banks to ensure Investor Access is well suited to optimize and streamline deal workflow,” said Bill Sherman, EVP, Head of Global Markets Group at Ipreo. “Extending this workflow to integrate with existing order management and in-house deal management systems using industry-standard protocols and best practices has always been a goal of the initiative. We’re pleased to bring automation and efficiency to the fixed-income deal process within the industry standards that exist today.”
Ipreo has addressed the challenges of supporting fixed-income deal flow without needing a change or extension to the FIX Protocol. This approach makes integration between existing buy-side trading systems and Investor Access a straightforward and easily supportable task.
“It is encouraging to see companies like Ipreo apply their knowledge of the fixed-income primary markets to extend the workflows originally developed by the FIX Trading Community and contribute back to the market a workflow design to support the nuances of fixed-income primary issuance,” said Scott Atwell, Manager, FIX Trading and Connectivity, American Century Investments and co-leader of FIX Trading Community’s IPO Subgroup.
The Investor Access initiative is the result of collaboration between eleven sponsoring banks and an active community of over 100 buy-side participants. The original sponsoring banks include BNP Paribas, Crédit Agricole CIB, Commerzbank, Goldman Sachs, HSBC, ING, MUFG, NatWest Markets, Santander, Societe Generale, and UBS.
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- 04:00 am

The future success of the financial industry, to a large degree, resides on the pillars: trust, transparency and client-enablement.Technology paves the way for an effective implementation of these ingredients of modern banking. Against this backdrop, Avaloq has gone into partnership with IBO to enable performance rankings in banking, and to increase trust in financial services.
Over the past decade, their reputation has become even more important for banks and wealth managers. “With consumers being finely attuned to issues around the financial industry, banks are looking for ways to demonstrate commitment to their clients - with the right products, by portraying professionalism, and especially through increased transparency,” says Francisco Fernandez, Avaloq’s Group CEO. “It is technology that facilitates trustworthy banking. The right technology platform ensures regulatory compliance. Standardised processes reduce the element of human error and risk of fraud and manipulation, and innovative tools allow users to assess the performance and risk of their portfolios.”
Investment performance is an area with significant relevance in this respect. The trend is towards allowing users to compare portfolio performance against similar clients with identical risk profiles to facilitate improved risk monitoring and greater insight into portfolio performance.
IBO - an award-winning solution to compare and rank investment returns
This is where Avaloq’s new partnership with IBO, the two-time winner of the WealthBriefing Swiss Awards, sets in: with the IBO Performance Watcher, banks as well as their clients can compare portfolios one-to-one, and understand how their portfolio performs in comparison to portfolios of other wealth managers. The software not only provides clients and their bank advisors with the ability to assess multiple portfolio returns, but also takes a client’s risk appetite into the equation. Risk monitoring is improved, as greater insight into portfolio performance is provided.
“Due to various negative events, trust - the ultimate glue of successful business relationships - in the financial industry began to crumble. Crucially, providing the ability to assess the performance and risk of portfolios not only benefits the bank customer, but also the bank itself,” Marc Lussy, Head of Business Development & Digital Marketing at IBO, explains. “Bank advisors and investors are constantly kept informed. Asset managers can anonymously compare portfolio performance against similar clients with identical risk profile. And, most importantly, asset managers regain trust by increasing transparency and enabling clients to rate and compare portfolio performances.”
Avaloq has fully integrated IBO‘s professional monitoring and reporting tool into the Avaloq Banking Suite. All banks using the Avaloq Banking Suite can license IBO’s Performance Watcher. IBO is also exploring further integration possibilities with Avaloq by building digital banking functionality using the Avaloq Developer Platform.
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- 04:00 am

Coupa Software, a leader in cloud-based spend management, today announced that it has been re-certified as 'Built for NetSuite' against the latest NetSuite release 2017.1. The company’s re-certification by NetSuite means that Coupa is able to connect to NetSuite quickly (often within one day) using pre-built NetSuite connectors. This allows customers to spend less time building and maintaining technical integrations and more time focusing on getting fast value from their spend management initiative.
“Built for NetSuite” is a NetSuite initiative to educate and consult with SuiteCloud Developer Network (SDN) Partners in accordance with the mandated goal to provide quality SuiteApps to NetSuite customers. This goal is to ensure that SDN Partner solutions meet the same level of standards for security, data privacy and overall quality as the solutions offered by NetSuite.
“We are proud that Coupa has been certified again by NetSuite,” said Rajiv Ramachandran, vice president integrations and supplier enablement at Coupa. “Coupa plus NetSuite is the perfect combination for companies looking to grow their business. Our customers rely on both of us to interoperate quickly and easily in this open cloud world.”
Coupa digitises spend transactions and helps businesses improve spend visibility, gain more control over their financial processes, improve purchasing decisions and realise savings that directly impact the bottom line.
The Coupa plus NetSuite solution digitises and controls spending across Procurement, Accounts Payable and Travel and Expense Management functions. Coupa currently has customers worldwide integrating with NetSuite solutions.
Coupa offers a full set of pre-built NetSuite connectors to pass account, vendors, exchange rate, invoice, invoice payment and expense report data between the systems.
Born in the cloud, Coupa delivers a modern spend-management platform that accelerates business by unifying processes across all the ways employees spend money. These processes cover travel and expense management, procurement, invoicing and related source-to-settle areas. Using the Coupa Open Business Network, the platform has connected more than 2 million suppliers and delivers a powerful solution for businesses committed to controlling their spend.
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- 03:00 am

Broadridge Financial Solutions, Inc. announced today that it has appointed Deborah A. Bussière as Global Chief Marketing Officer, effective May 8.
In this role, Bussière will be responsible for directing Broadridge’s global marketing functions, including execution of the company’s brand strategy, product marketing efforts, corporate communications, and digital and social media marketing. She will report to Chris Perry, President of Global Sales, Marketing and Client Solutions, Broadridge.
“Deborah is a proven leader with an extensive background in developing high-impact marketing and business development strategies,” said Perry. “As Broadridge celebrates its ten-year anniversary as a public company in 2017, Deborah is well suited to play a significant role in driving revenue, relationships and reputation as we look to future growth opportunities over the next decade.”
“I’m thrilled to join a world class team and contribute to the evolution of the Broadridge brand and the expansion of our market share,” Bussière said. “Broadridge stands apart as an industry leader, for its scale of capabilities and its breadth and depth of services, as well as, being a leading developer of innovative solutions, such as our blockchain-based proxy applications and our digital communications network.
"As Broadridge looks to grow and build transformative capabilities for the industry, we must add dynamic experienced professionals, and Deborah fits that profile. We are truly excited to welcome her to Broadridge,” said Richard J. Daly, President and Chief Executive Officer of Broadridge.
As a global fin-tech company, Broadridge is a leading provider of technology and operations, communications, and data and analytic solutions to financial services firms and corporations. It is at the forefront of helping clients engage customers, navigate risk, optimize efficiency and accelerate growth in a rapidly changing and challenging business environment.
Bussière brings nearly two decades of financial services experience to Broadridge. Most recently, she served as interim Chief Marketing Officer for several financial technology firms including Grayscale Investments, a trusted authority on digital currency investing.
Previously, she was Chief Marketing Officer for EY, a role in which she directed strategy, vision and execution for all marketing, communications, digital and social media, public relations and client event functions across the Americas. Bussière also held several senior roles at EY including leading the Global Financial Services marketing team and acting as the Americas Financial Services Business Development Operations Leader.