Today IHS Markit (INFO), a global leader in critical information, analytics and solutions, and Illuminate Financial, a world venture capital firm focused on capital markets technology, introduced a Fintech Data Program to provide early stage companies with free or low cost proprietary capital markets data from IHS Markit. 

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has achieved Cloud Elite status in the Oracle PartnerNetwork (OPN). With this designation, Infosys is well positioned to help customers achieve cloud transformation, and provide sophisticated capabilities and next-generation services on Oracle Cloud. With strategic specialization and training programs, innovative joint solutions, and a clearly defined solutions roadmap, Infosys' Cloud Elite status will help clients derive better business value.

With multiple solutions on the Oracle Cloud Marketplace, dedicated centers of excellence (COE), industry specific solutions, co-development initiatives, and RapidStart Methodology that delivered as much as 30 percent reduction in effort and cost, Infosys has a very strong value proposition to give clients an unparalleled competitive advantage. This new dimension of the partnership gives an added impetus to the commitment and engagement for next-generation services on Oracle Cloud and provides greater value to our clients through higher specialization and innovative co-developed solutions.

During Oracle OpenWorld 2016, Infosys was recognized with seven Oracle Cloud Excellence Awards across SaaS, PaaS and IaaS pillars. Infosys is also a Diamond level member of Oracle's PartnerNetwork.

Camillo Speroni, Vice President, Worldwide Strategic Alliances, Oracle 

"Infosys' achievement of the Oracle PartnerNetwork Cloud Elite designation is a demonstration of their commitment to delivering industry leading use case solutions that reduce our joint customers' implementation timelines in their journey to the cloud. Infosys' industry-led cloud offerings deliver pre-built integrations, enhanced customer experience, personalization and ROI-based outcomes that simplify these companies' cloud transformations."

Ravi Kumar, President and Deputy Chief Operating Officer, Infosys 

"This recognition is a testimony of Infosys' deep investments in cloud innovation and capabilities as well as our commitment to build cloud-focused Centers of Excellence around the world to deliver compelling business value. We have been continuously re-thinking existing business systems, co-creating innovative solutions by leveraging the power of Design Thinking and working on new ways of understanding client requirements and engaging with them."

Avelacom has expanded its low latency network and launched a new point of presence (PoP) to connect Interxion’s London data centre and Borsa Istanbul, making it easier for London’s capital markets players to enter emerging markets and exploit cross-venue arbitrage opportunities. 

Interxion’s London data centre is home to an extensive financial services hub, made up of over two hundred market participants including key equity and commodity exchanges, Points of Presence (PoPs) for twelve major global execution venues as well as international banks, brokers and trading firms. 

Financial markets firms using quantitative, high-speed trading strategies are now able to start trading Turkey’s capital markets with no CapEx investments in IT infrastracture. They can access real-time market data, ultra-low latency order routing, colocation and proximity hosting services, as well as pre-installed cross-connects with major brokers and liquidity providers.

Latency reduction between London and Istanbul was possible due to Avelacom’s PoPs’ proximity to trading venues at both ends, as well as optimized and shortened route distance via Frankfurt.

The roundtrip latency has been updated and is as follows:

“We see a growing interest from our high-speed trading clients in finding liquidity and new opportunities in multiple emerging markets. They require a ready-to-go IT infrastructure that would allow them to be faster and more cost-effective. We believe that our new point of presence in Istanbul will be of great interest to financial companies in London, in one of the world’s largest trading centres”, said Aleksey Larichev, Avelacom’s Managing Director.

Interxion’s Strategy & Marketing Director, Financial Services, Bill Fenick comments, “Interxion’s London Campus is at the heart of European trading. This new route will provide our established capital markets community with improved access to multiple emerging markets such as Istanbul, enabling them to execute on their European trading strategies”.

Today MoneyOnMobile, Inc. (MOMT) reported a Bill Collection Agreement with BSES Yamuna Power Limited, to provide its 1.50 million customers the opportunity to pay their electricity bills through any of MoneyOnMobile's 330,000 retail outlets or through MoneyOnMobile's mobile wallet app.

Today CBOE Holdings, Inc. announced that the CBOE Futures Exchange (CFE) will be the first of the CBOE Holdings exchanges to migrate onto the Bats technology platform, with an expected switch-over on Sunday, February 25, 2018. 

Today Fiserv, Inc., a global provider of financial services technology solutions, reported that in 2016 nearly 30 banks and credit unions chose the ASP versions of Corillian Online and Mobiliti to meet the digital banking needs of their customers. These integrated online and mobile banking platforms combine robust functionality with a simplified user experience, making it easy for users to manage their finances where, when and how they want.