• 14.10.2016 -- 02:01 pm

Thomas C. Brown,  Vice President Strategic Sales at  LexisNexis Risk Solutions speaks about managing the risks in emerging markets at Sibos 2016.

• 14.10.2016 -- 08:26 am

Alexander Goulandris, CEO, essDOCS talks about paperless trade and supply chain digitization at Sibos 2016. He also comments on the recently signed deal between Misys and essDOCS.

Path Solutions was the Gold Sponsor of the Egyptian Collegiate Programming Contest (ECPC), which was held successfully on the 8^th & 9^th of October at the Arab Academy for Science, Technology and Maritime Transport (AASTMT), Abu Qir Campus in Alexandria, Egypt.

At the 15^th ACM-ECPC2016, Path Solutions had two people manning the booth; Principal Software Engineer Ahmed Shawky Ibrahim and Technical Writer Marina Refaat who spoke to top students during the breakout sessions, and had the chance to introduce the company to one of the most problem-solving teams in the competition. They have also met highly talented junior programmers from top universities in Egypt and a promising generation of developers who can be future employees at Path Solutions.

The event was also marked by the presence of Hanaa El Jazzar, Senior Software Engineer at Path Solutions, who helped in the organization of the ECPC2016.

The ACM-ECPC2016 was attended by many important personalities from Egypt, such as Dr. Yousry Al Gamal, former Egyptian Minister of Education, Dr. Ossama Ismail, Dean of the Regional Informatics Center and Director of the ACM Contest in the Middle East, in the presence of 180 Egyptian teams and with more than 100 working staff, organizers and volunteers. Around 25 teams have been qualified for the following regional contest ACM-ACPC2016.

Experts believe that the use of new technologies will change the global economy dramatically over the next decade or two, and the whole world along with it. Of course, programming can be used in many different new technology aspects and fields. Such contests can be a way for IT students to connect with top employers that are otherwise difficult to reach, in a setting that puts them and their skills in the spotlight.

Check out the video that was shown during the closing ceremony of ECPC2016 where Path Solutions has a considerable appearance in it: https://youtu.be/uwI7bIqNKEQ

• 11.10.2016 -- 01:30 pm

Guenther Peer talks about the latest trends in treasury and cash management and how Reval can help banks to address the issues.

The award winners have been announced! Path Solutions has hit the top spot at the 2016/17 CEO Insight Global Awards, whose results have been unveiled ahead of the prestigious Sustainability Week Conference scheduled from 14-21 January 2017 in Abu Dhabi, winning two highly sought-after awards; The CEO Insight Award for the company’s Group Chairman & CEO Mohammed Kateeb in the ‘Top 10 CEOs in Enterprise Software’ category, and the CEO Insight Sustainability Award for Path Solutions in the ‘Sustainable Islamic Financial Software Solutions Leader’ category.

Established to reward excellence and uniqueness, the CEO Insight best-in-class Global Awards are structured to celebrate organisations winning in sustainability and representing the summit of achievement across a broad range of fields of expertise. The awards also recognize and promote those leaders who have attained the peak of achievement in terms of distinction and market influence, and who have developed and embedded sustainable practices and culture into every facet of their organisation and value chain.

The selection is conducted by an award panel specifically set up for CEO Insight Global Awards. The undisclosed group of judges analyses the nominations, and determines the winner in each category. Shortlisted nominees must receive votes in multiple categories. This year, Mohammed Kateeb joins prominent historical figures selected from various segments such as Jim Goodnight of SAS Software, Eugenio Aringhieri of Italian biopharmaceutical Dompé Group, and Gil Shwed of Checkpoint Software for enterprise network security solutions.

Commenting on the award wins, Kateeb said: “We’re delighted to have won two prestigious awards in two different categories. This double win recognizes our efforts towards deployment of sustainability policies and processes, and demonstrates a successful balance of environmental, economic and social practices throughout our company, thus encouraging best practice in the sector for a more sustainable future”. Kateeb admitted that to gain the trust of an entire business community is one of the most difficult yet rewarding responsibilities of any leader.

Path Solutions continues to hold firm to its plans to remain a pioneer in the Islamic financial services industry. The company has won a succession of awards since the turn of the year. These awards sit proudly alongside GIFA 2016 award for ‘Best Islamic Finance Technology Provider’. As a premier IT provider, Path is capable of playing a sustainable key role in Islamic and interest-free core banking systems.

CEO Insight is a quarterly UK magazine covering a wide range of industries such as foreign investments, tax, regulations, risk management, governance and compliance, insurance, finance and technology.

SIX Financial Information, a global provider of top-quality reference data, market data and added value services, and Infront, a leading trading and information solution provider in the Nordics, today announced their future collaboration to provide a better service for their customers in Sweden, Denmark, Finland and Norway.

This partnership offers customers the best of two worlds by combining Infront’s cutting-edge financial terminal technology with the high-quality global reference and market data of SIX. Users of SIX Edge and Starweb will be migrated to the Infront terminal powered by the extensive database of SIX. This partnership extends to Infront clients who will receive SIX data going forward. Furthermore, the news agency SIX News merges with Nyhetsbyrån Direkt to create the leading financial news agency in the Nordics, owned by the Infront group. SIX will be a redistributor of news from Nyhetsbyrån Direkt to serve SIX clients with high quality real-time news for the Swedish market.

Infront and SIX Financial Information will cooperate closely to ensure a smooth transition for end users of SIX Edge. In the upcoming months, all customers will be contacted to plan the upgrade to the new Infront terminal.

This strategic alliance allows Infront and SIX to draw on each other’s expertise. SIX Financial Information will be able to further expand its client base in the Nordic market and strengthen its position as a data provider in this region while relying on Infront’s technology. This move also allows SIX to better focus on its core business, fully in line with the company’s strategy. Infront gains a unique position in the Nordics with the most comprehensive base of market data, leading financial news and the best financial terminal on the market. Together with its prevalent Nordic estimates and analytics solutions, this contributes to making Infront one of the major Fintech players in Europe.

"Our aim is to provide the financial industry in the Nordics with the highest-quality data while focusing on our core business. The combination of SIX data and Infront technology will be of high value to our mutual clients”, states Robert Jeanbart, Division CEO SIX Financial Information.

“Being in a highly competitive market with strong global players, we see the need to cooperate to create one leading Nordic player of financial terminals. This is a great opportunity to strengthen our efforts in the Nordic countries and build more local knowledge and expertise. Our superior technology in the Infront terminal, together with better content and additional exchanges, strengthen our position as the number one choice for Nordic finance professionals”, concludes Kristian Nesbak, CEO in Infront.

The Avaloq group, an internationally leading fintech company, is opening up to developers to further enhance digital banking solutions and user experience.

Freelancers, startups, fintechs and banks of all sizes will be able to innovate jointly using a dedicated portal (developer.avaloq.com). The developer community can commercialise its innovative technologies and share results within both the developers’ community and the entire Avaloq Community, which includes 450 banks and wealth managers throughout the world.

The portal will enable developers to become more creative and efficient when building applications integrated with the Avaloq Banking Suite. Professionals will be granted access to software and documentation, such as API information and frameworks, to create User Interfaces, which was previously only available to Avaloq customers. Questions and thoughts can be shared with peers via the portal, and developers can provide feedback directly. Following the launch, Avaloq will continue to enhance the portal based on user feedback.

Thomas Beck, Group Chief Technology Officer at Avaloq, said, “There are two key reasons for opening the developer portal. Firstly, developers will contribute to a higher standard of financial services by adding new ideas and helping to further develop user experience on the basis of the industry leading Avaloq Banking Suite. In addition, banks will be able to make use of the joint innovation to enhance their digital client experience and augment products.”

Path Solutions today announced that it has won the ‘Best Islamic Finance Technology Provider 2016’ award, reiterating the company’s continuous contributions in accelerating technology-led breakthroughs in the Islamic financial services marketplace. Path Solutions was conferred the honour by Edbiz Consulting during the exclusive GIFA Awards Ceremony held in Jakarta (Indonesia) on September 29. GIFA 2016 was hosted by Otoritas Jasa Keuangan (OJK), which is the Indonesian financial services authority and witnessed by H.E. Joko Widodo, President of the Republic of Indonesia. Also in attendance were some 500 guests including several senior ministers, central bank governors, and CEOs of Islamic banks and financial institutions from around the world, including Asia, GCC, the Middle East, Africa and Europe.

The GIFA Awards Committee considered another three institutions in this category, and after long deliberations decided in favour of Path Solutions to receive the ‘Best Islamic Finance Technology Provider 2016’ award based on a number of factors included in GIFA methodology.

Speaking about the award, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions said, “We are delighted with this honour, as it is reflective of our continuous efforts towards setting higher benchmarks in the industry. We believe this recognition further validates our achievements in providing our clients with cutting-edge software solutions to take advantage of global technology shifts and offer differentiated interest-free banking products and services that fulfill the needs and aspirations of their customers”.

Path Solutions is a proven industry leader, a key technology enabler and a business partner for over 100 prestigious Islamic financial institutions worldwide. With 25 years of solid experience in Islamic financial technologies, Path Solutions is a major contributor to the development and growth of modern Islamic finance, by researching industry new trends and developing innovative solutions to meet the needs of a fast-growing community.

The GIFA recognises and celebrates the success and contributions of exceptional individuals and institutions in the Islamic financial services industry. The awards’ objective is to highlight best practices and key milestones in this extremely competitive sector.