Published

  • 01:00 am

A strategic cooperation - expanding Objectway’s proposition into the German-speaking countries across Europe - by providing integrated front-to-back software solutions to private banks, investment and asset managers.

Objectway, a major provider of investment management and digital software solutions to the worldwide financial services industry, announced today its distribution agreement with CPB Software AG, one of the leading providers of BPO and back office solutions for private banks, asset and investment managers across Austria, Germany and Switzerland.

From its headquarters in Vienna and offices in Germany and Switzerland, CPB will market, sell and implement into the DACH region Objectway’s foundation products for holistic client advisory (Advice), effective portfolio management (eXimius) and digital engagement & collaboration between client and advisor (Conectus).

Peter Schramme, Chief Business Development Officer for Objectway, commented, “The partnership with CPB will allow us to extend our market to the DACH region. Over the past months we have already engaged with CPB on a number of strategic opportunities, and we see the synergies between our two companies will help us deliver functionally rich and complete front-to-back solutions and projects to this market.”

Peter Thomayer, CEO for CPB Software AG, added, “Partnering with a best of breed software solution provider for the financial services industry will allow us to further engage with our clients and prospects and provide them software and digital solutions not currently available on the DACH market. We look forward to engaging with Objectway and our clients to leverage the expertise from both Objectway and CPB”.

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  • 07:00 am

Following the successful launch of various benchmark indices, Solactive is releasing the Solactive Canadian Bond Universe TR Index, a new broad-based index targeting the Canadian investment-grade (IG) bond market. Specifically, the index tracks the performance of CAD- denominated IG government and corporate bonds issued in Canada.

This index is the latest addition to the portfolio of benchmarks offered by Solactive which aim at providing investors with a wide selection of cost-efficient broad-market strategies. The Canadian benchmark can be used to evaluate the performance of portfolios or can serve as a starting universe for smart beta indices and active strategies. Alternatively, it can constitute the basis for index-linked financial products such as ETFs and structured products.

The Solactive Canadian Bond Universe TR Index is part of a broader family of Canadian indices offered by Solactive catering to investors interested in gaining Canada-specific exposure on both the fixed-income and hybrid sides. The family comprises various sub-indices to the broader Solactive Canadian Bond Universe TR Index and a Canadian preferred shares index.

More precisely, the Solactive Short-Term Canadian Bond Universe TR Index represents a subset of the broader Solactive Canadian Bond Universe TR Index and covers investment grade bonds with shorter maturities ranging from 1 to 5 years. The Solactive 1-5 Year Laddered Canadian Government Bond TR Index and the Solactive 1-5 Year Laddered Canadian Corporate Bond TR Index offer separate exposure to either the government or corporate segment following a ladder strategy. Finally, the Solactive Canadian Rate Reset Preferred Share Index, seeks to mirror the performance of reset rate preferred shares listed on the TSX with specific market- cap, liquidity and quality features.

Henning Kahre, Head of Research, Solactive AG, commented: The new family of Canada- focused indices offers investors the possibility of gaining exposure to specific sections of the Canadian market. Considering that Canada is one of our most important target markets, broadening our range of indices is a strategic step for Solactive, as it helps strengthen our footprint in Canada.”

The fixed-income indices are all calculated as total return indices and are published in CAD. To be selected as index components, bonds must be either government or corporate bonds denominated in CAD, rated investment grade, and issued in the Canadian market with a minimum effective time to maturity 12 months. For the Solactive Canadian Bond Universe TR Index and the Solactive Short-Term Canadian Bond Universe TR Index, the minimum amount outstanding must be 100 million CAD, while for the two laddered indices, the minimum amount outstanding must be 300 million CAD. Components of the two broad indices are weighted according to their market value, while for the laddered indices bonds are assigned to five different maturity buckets which are equally weighted at the launch.

The Solactive Canadian Rate Reset Preferred Share Index is a total return index published in CAD. Index components are preferred shares listed in the TSX with a minimum market-cap of 100 million CAD. The index is weighted according to market cap with a 10% weight cap per issuer. 

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  • 06:00 am

Today ClauseMatch and JWG announced the development of a unique solution to simplify and better structure how regulatory changes are driven through internal banking policies. The prototype, linking internal banking policies with constantly changing regulations, was created by senior developers from JWG and ClauseMatch during the autumnal session of the FCA Sprint. ClauseMatch, the innovative API-driven document collaboration platform, enabled easy integration of RegDelta, the regulatory change management platform provided by JWG.

The two companies successfully linked chapters of the FCA Handbook with policy documents via RegDelta’s API and are now extending their integration to address a broader and deeper set of regulatory and policy issues. Together both firms will help clients perform gap analyses between their internal policies, procedures and regulatory documents/obligations.

Regulators are encouraging the development of innovative solutions by RegTech firms as there are currently limited off-the-shelf tools that can ease compliance. While financial regulation in the UK and in many other countries continues to change rapidly, the joint solution offered by JWG and ClauseMatch ensures a streamlined response to regulatory updates and performs gap analyses between policies and regulatory obligations on a real-time basis.

JWG's CEO, PJ Di Giammarino commented “If the RegTech industry is a mountain, we are now only at basecamp. Serious cooperation and collaboration between technology companies, regulators and financial institutions is necessary to drive the innovation in the timeframe required.”

Evgeny Likhoded, ClauseMatch CEO & Founder commented: “Collaborating with one of the most powerful specialists in the market, opens new prospects for our product development. We have a common vision to simplify and streamline the complexity behind regulatory changes. We hope this integration will help to bring a wave of new regulatory solutions and will set an example for other market participants to follow”.

Jason Boud, Co-Founder of thee RegTech Forum commented: “This type of collaboration is exactly the reason why the Forum was established, the sum of the (RegTech parts) is certainly more valuable to a regulated company than the individual solutions. This is a ground-breaking collaboration”.

At the upcoming RegTech Forum meet-up on April 4th in London ClauseMatch, JWG and a senior compliance manager from a top-tier bank will be speaking about cooperation and innovation to manage regulatory change. The event will focus on best practices for collaboration between financial institutions, FinTech companies and RegTech companies.  

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  • 02:00 am

Today Teradata, the major data and analytics company, unveils innovative database license flexibility across hybrid cloud deployments, enabled through a consistent and simplified licensing model. Teradata's new licensing model delivers, portability for deployment flexibility, subscription-based licenses and simplified tiers with bundled features. 

With portable database licenses, Teradata customers now have the flexibility to choose, shift, expand, and restructure their hybrid cloud environment by moving licenses between deployment options as their business needs change. This new software licensing model is the first in the hybrid cloud market to feature portability — a shift away from cloud lock-in or siloed on-premises deployments.

Until now, hybrid cloud vendors have offered complex, inconsistent licensing models across deployment options that make it difficult for customers to select a solution that fits all needs. Teradata is changing the game with licensing flexibility and portability to ensure simplicity and consistency in support of agile, fast-growing businesses.     

"The Teradata Database continues to be recognized as the leading data management solution for analytics in every performance parameter, and today we can also say it comes with the very best value proposition," said John Dinning, Executive Vice President and Chief Business Officer, Teradata. "Not only is the database license portable across the hybrid cloud options, but so are workloads, enabled by a common code base in all deployments. This flexibility is a first in our industry and means that data models, applications, and development efforts can be migrated or transferred unchanged across any ecosystem. 

"For example, a company may first develop their analytic solution on a Teradata IntelliFlex™ on-premises system and then seamlessly port the solution over to Teradata IntelliCloud™.  This will allow companies more options to develop and deploy the Teradata Database without having to worry about scaling their solution as their business and analytic needs grow." 

Teradata IntelliCloud™ is the next-generation secure managed cloud offering that provides data and analytic software as a service. It is available with new deployment choices including Teradata IntelliFlex™, the company's flagship enterprise data warehouse platform that Teradata will deploy and manage in its own data centers, and global public cloud infrastructure from Amazon Web Services (AWS) and later, from Microsoft Azure.

In order to provide simplicity and portability across deployment options, Teradata licensing is based on a consistent metric. This metric is unique in that it takes into consideration not only the number of CPU cores available, but also how much data is fed to the CPU. This benefits customers by adjusting the licensing cost according to the performance potential of the system on which they are running.  By using the metric calculation, Teradata can offer equivalent license portability across on-premises, public, private, and Teradata IntelliCloud configurations.

"By pairing the highest quality hybrid cloud solutions available with the most convenient usage model, Teradata is creating a blend of options for its customers that address the realities of rapidly evolving analytics capabilities and the emergence of new business requirements and models," said Jim Curtis, Senior Analyst, Data Platforms and Analytics, 451 Research. "This is truly an example of fast-forward thinking; a win-win for Teradata as well as for aggressive companies that thrive and compete on business agility."

Subscription-based licenses deliver on customer requests for lower up-front costs as well as smooth and consistent OPEX spending, making it easier for customers to budget and predict spending patterns.  

These new subscription-based licenses come in four simplified tiers designed to meet customer requirements ranging from a free tier for database development to high-concurrency mixed-workload analytical systems, with new bundled features.  

The four license tiers are: 

  • Developer — This free tier is designed specifically for customers that are developing new applications in a non-production environment. The Developer tier is available in software-only versions on public cloud or as VMware to run on non-Teradata hardware. 
  • Base — This plan is designed for low concurrency, entry-level data warehouses. It is available in the cloud and on-premises. 
  • Advanced — The Advanced tier supports high-concurrency, mixed-workload production environments. It includes powerful Teradata Integrated Workload Management and Teradata Intelligent Memory features. This option is available in the cloud and on-premises. 
  • Enterprise — This top-tier plan includes a more robust set of workload management features with Teradata Active System Management and Teradata Intelligent Memory. The Enterprise tier is available in the cloud and on-premises.

All the tiers come with the same version of Teradata database software. This enables the easy movement of workloads across tiers. All tiers also come with high-value database features bundled into the license to make it easy for customers to incorporate cutting-edge technologies and build sophisticated analytical environments. These features support Columnar, Temporal, Secure Zones, and Row-Level Security capabilities. Customers can leverage these features for improved performance, enhanced time-based analytics, more robust security and auditability at no additional cost.

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  • 06:00 am

Gemalto, the global provider of digital security solutions, announces it has been selected by SoftBank Corp. ("SoftBank") as a partner for On-Demand Connectivity (ODC) services enabling both consumer and industrial machine-to-machine (M2M) IoT connectivity and deployment of value added applications and services. Under the collaboration, Gemalto will supply its Remote SIM Provisioning platform, allowing SoftBank to remotely manage initial connectivity and subscriptions throughout the device's lifecycle. This will give the Japan based  mobile network operator  a competitive edge in connecting expanding digital devices, such as connected cars, wearables, traffic monitoring systems, or smart meters. Gemalto's subscription management platform also eliminates logistics hurdles for OEMs, mobile operators and service providers, and enhances the user experience over the long haul.​

IoT has been experiencing great momentum in Japan since the formation of the IoT Acceleration Consortium. According to the Japan External Trade Organization (JETRO), domestic IoT revenue is forecast to reach US$130 billion[1] this year, with a compound annual growth rate (CAGR) of 11%. JETRO expects IoT expenditures and investments in Japan to cross the US$100 billion mark by 2018, growing at a 17% CAGR.The present top-spending sectors are manufacturing, transportation, and utilities.

"Gemalto is a tier one strategic partner with whom we have worked on many other successful innovative projects. With the industry fast moving to IoT, Gemalto's rich and wide-ranging portfolio of IoT products and solutions made it a natural choice for us," said Hironobu Tamba, Division Head, Service Platform Strategy & Development Division of Softbank. "As the number of connected devices grows each day, and the demand for flexibility and seamless user experience soars, we believe ODC is a game-changer for the telecommunications industry."   

"SoftBank is a global leader and key innovator in the mobile and IOT ecosystem," said Sashidhar Thothadri, Senior Vice President, Mobile Services & IoT, South Asia & Japan at Gemalto. "We are very excited to be selected by SoftBank for this prestigious program and with our experience of deploying more than 20 projects worldwide, we are confident of delivering a solid platform to boost new revenue streams and create a unique and valuable experience for customers."

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  • 09:00 am

Today Datalliance announced that CaseStack, a consumer packaged goods (CPG) supply chain services company has added Vendor Managed Inventory (VMI) services to the company's Retailer Consolidation program using the Datalliance VMI platform.  Through their consolidation program, CaseStack works with suppliers of typically lower volume or niche market products to combine less than truckload (LTL) shipments into full truckloads (FTL) for delivery to major retailer distribution centers. The optional VMI service further streamlines the process for all parties by taking responsibility for replenishment planning and execution.

"With VMI, we are now initiating the orders for the retailer with a significant number of their suppliers. With visibility of the retailer's demand and inventory available to us through VMI, combined with visibility of the suppliers' inventory and production, we are in a much better position to be proactive with 'predictive' purchase orders generated by VMI, and to communicate more effectively with the retailer buyer and specific suppliers as needed," said Brad Ducker, CaseStack Senior Collaboration Manager for Kroger.

"Freeing the buyer up from the daily PO detail allows the buyer to be more of a strategic manager, focusing on service levels, promotions and growing the business with each supplier, while providing the scale to allow the retailer to bring on more small suppliers," continued Ducker. "Suppliers also benefit from the information provided by VMI. Having better access to forecasts, demand trends, and seasonal needs helps the supplier plan production and replenishment to maximize sales and eliminate stock outs. The VMI program gives the small and niche suppliers the visibility and consolidation capabilities to perform like a much larger supplier."

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  • 02:00 am

Today Nasdaq BWise, a world leader in enterprise Governance, Risk Management and Compliance (GRC), announced that it has been selected by Erste Group, one of the largest financial services providers in Central and Eastern Europe and headquartered in Austria, to support and further enhance their internal audit, internal control and finding management processes.

Erste Group, serving 15.7 million clients in over 2,700 branches, will look to add additional features and functionality to their group-wide Internal Audit and Findings Management processes. The internal control system repository powered by BWise will replace an existing solution with a more enhanced and sophisticated software platform.

"We are proud to have been selected by Erste Group," said Richard Jansen, Managing Director, BWise Germany GmbH. "Erste Group's objective to implement multiple GRC-related initiatives via one single standard software platform very much underlines the strength of the BWise products and services. Our GRC platform provides multiple role-based solutions for audit, risk management, information security and regulatory compliance which are integrated within the GRC platform and help departments across an organization to reduce GRC technology costs. We have been delivering successful projects in the D-A-CH region for many years in various sectors and I'm pleased to welcome a key player in the Austrian banking industry today."

The rich and complete functionalities, user friendliness and powerful reporting capabilities of the BWise solutions convinced Erste Group to select Nasdaq BWise as their trusted partner for their GRC journey to support each step of the internal audit and internal control cycle and eventually make them more time and cost efficient. In time, the potential of seamlessly adding new GRC initiatives coming from other departments to the same platform can be unlocked at any desired stage.

 

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  • 06:00 am

Redborder, the cybersecurity and Network Traffic Analysis (NTA) platform, already successful in Spain, is joining EIT Digital's Accelerator to expand its innovative business into other EU markets. Redborder is an Open Source, Big Data cybersecurity, and traffic analysis solution accompanied by a set of active probes managed in an integrated manner. This platform unifies the different data sources provided by redborder Apps and Probes, combining Network Traffic Analysis and cybersecurity, enabling easy creation of customizable dashboards and reports to analyze network usage and manage security policies. Also, it provides real-time analytics and cybersecurity operations for ICT service providers and large companies throughout all industries, all in a single platform.

Deployed on premise or used as a cloud service, redborder's solution offers a series of advantages compared with other products in the market such as its Open Source API for Community Building nature or the fact that it has a fully scalable Big Data distributed processing solution on cybersecurity. It improves device data losses efficiency and streamline operations on operational efficiency in multivendor network monitoring.

Redborder's innovation strategy is orientated to the continuous improvement of the product features based on the market requirement so it may adapt to the new needs and trends such as IoT or connected cars. The company's clients include: Banco Santander, Nextell, Teldat, and Mobile World Congress and their target markets are the United States and most of European countries; EIT Digital Accelerator will provide redborder the support of it's pan-European business community and ecosystem to reach these markets.

EIT Digital Madrid Node Director, Manuel Hermenegildo, asserted, "We are very proud to have redborder on-board; they are already one of the leading companies in the Spanish NTA market and we will help them reach the top clients Europe-wide. We are also happy to continue expanding EIT Digital into the technological Basque and Andalusian network."

Redborder's CEO, Jesús de la Maza, said, "I think that our collaboration with EIT Digital will help the acceleration of our business growth in international markets, which are demanding validated products on strategic sectors in the area of cybersecurity and Big Data analytics. We also expect to multiply our capacity to access those markets and the volume of value opportunities for which redborder represents an integrated and scalable solution."

Redborder will integrate EIT Digital's Digital Infrastructure Action Line which is the core enabler of the digital transformation by providing secure, robust, responsive and intelligent communications and computation facilities.

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  • 02:00 am

The globally successful consulting company for SMEs and large corporations, itelligence AG on 22 February 2017, was granted the status of SAP Hybrisof Gold Partner, one of only 33 companies to receive this accolade. itelligence achieved the Gold Partner qualification among other things because of its large number of Certified Professionals for SAP Hybris solutions, and the business managers in the NTT DATA group (Since 2013, itelligence AG has been a wholly-owned subsidiary of NTT DATA EUROPE GmbH & Co.KG.) who have strong expertise in the SAP for Commerce solution portfolio. In total, over 180 experts in SAP Hybris solutions are involved in customer projects on behalf of itelligence and NTT DATA around the world. One of the team's main strengths is its know-how in the integration of SAP Hybris solutions with the SAP solution portfolio.

E-commerce is a highly-topical issue for many users as processes are being digitised in every industry. The experts from itelligence provide support to companies with their e-commerce projects, particularly where these involve the integration of processes with people across company boundaries. Because this type of project almost always has an impact on existing industry-specific, commercial and logistical business and IT processes, customers typically need not only technological expertise but also the deep experience of certified consultants to support their vision and commercial success.

Norbert Rotter, CEO, itelligence AG: "We are particularly proud of the SAP Hybris Gold Partner status, which confirms our global expertise in SAP Hybris solutions. We shall utilise the opportunities offered by the Gold Partner status to the benefit of our customers, further enhancing the global character of our business with SAP Hybris."

The experts from itelligence support users with developing comprehensive solutions based on SAP Hybris solutions for end-to-end customer care in an e-commerce environment. The solutions improve the interactive experience of business and private customers from product search all the way to customer service, on any device.

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