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  • 07:00 am

Match-Trader, an award-winning trading platform developed by Match-Trade Technologies, has integrated with Centroid Solution’s Bridge Engine, an institutional-grade connectivity solution, thus expanding its ecosystem of connectivity, order routing and execution functionality available for brokers.

Match-Trader is available in two offerings: as a White Label and as a Broker’s Own Server. Clients can choose from a wide range of built-in apps, e.g. Social and Copy Trading solutions, Client Office, and Integrated Payments, which can be customised according to their needs to increase the potential of their business.

Centroid Bridge is an institutional-grade connectivity, execution, and reporting system which offers state-of-the-art order execution capabilities to accommodate the needs of any broker. It supports connectivity to any number of liquidity providers and retail trading platforms – which, from now on, includes Match-Trader.

This is not the first integration between the two companies. As Centroid Solutions expanded its customer’s connectivity options in 2020, it integrated with the Match-Trader Pro - platform used by Match-Prime Liquidity, a liquidity provider, Match-Trade’s strategic partner. Thanks to this integration, Centroid customers gained access to over 2000 trading instruments and 9 asset classes from Match-Prime’s Liquidity offer. Now the companies have taken a step forward and expanded their cooperation into a new business area.

“The last few years have been a very good time for our companies, both Centroid and Match-Trader are getting more and more popular every day. New brokers are interested in our products, so to meet their expectations, we decided to expand our integration. From now on, our Match-Trader Trading Platform will be integrated with the advanced Bridge Engine offered by Centroid Solutions. The extension of our technological ecosystem gives our clients more flexibility in choosing their desired bridge provider” – said Michael Karczewski, Chief Executive Officer at Match-Trade Technologies.

“We are delighted to have extended our collaboration with Match-Trade Technologies. As a connectivity provider, we are constantly looking to add integrations and options to our award-winning Bridge Engine, both in terms of liquidity providers with a wide range of products, and comprehensive trading platforms, that can help our clients grow and successfully expand their business. With Match-Trade, they have certainly fit both categories.

With this collaboration, I believe we can help our clients in building the most sophisticated and flexible brokerage setups they require to succeed in our ever-changing and innovative market. To this extent, we are also planning as a next step to integrate our flagship Risk Engine with the Match-Trader Platform” – added Cristian Vlasceanu, Chief Executive Officer at Centroid Solutions.

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  • 04:00 am

OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of May 7, 2023.

OKX Wallet Now Integrated with Lido on its Web Extension

OKX is proud to announce the integration of Lido into its OKX Wallet web extension. This addition allows users to easily experience Lido's staking service via their OKX Wallet.

With the integration, OKX Wallet users can directly stake Ethereum (ETH) by visiting Lido's official website in the "Discover'' module.

In addition, the "Yield" module in OKX Wallet offers more than 100+ DeFi protocols, including Curve, Aave and SushiSwap, providing users with a variety of ways to participate in Ethereum staking and gain earnings according to their own needs and risk preferences.

Lido provides a liquid staking solution for proof-of-stake cryptocurrencies, including post-Ethereum Merge consensus layer (formerly Ethereum 2.0) staking, as well as other Layer-1 Proof-of-Stake (PoS) blockchains such as Polygon, Kusama, Solana and Polkadot.

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  • 09:00 am

The Kingdom of Saudi Arabia is set to host the prestigious Middle East Low Code No Code Summit 2023 - Saudi Edition on 8-9 May 2023 at the Mövenpick Hotel and Residences in Riyadh. The prestigious event held in strategic partnership with the Programmers Association, KSA, will assemble digital transformation leaders and global tech CXOs to discuss the implementation of low-code and no-code technologies, which are poised to play a vital role in propelling Saudi Arabia's digital economy forward.

In recent years, Saudi Arabia has been actively investing in digital transformation to diversify its economy. According to a recent study by McKinsey, the country has the potential to create $70 billion in value by 2025 through digital transformation.

The country has launched several initiatives such as the National Transformation Program and the Digital Saudi 2030 plan to accelerate digital transformation across various sectors including healthcare, education, and finance. The increasing adoption of digital technologies such as cloud computing, AI, and IoT is expected to drive significant economic growth and create new opportunities for businesses and entrepreneurs in Saudi Arabia.

Low code and no code technologies will account for 65% of all app development by 2024 and cut down the development & deployment time by 90% (Source: KissFlow).  With such an adoption rate, it is bound to create a considerable impact on the digital transformation landscape in Saudi Arabia and around the world.

Middle East Low Code No Code Summit (Strategic Partner - Programmers Association, KSA) comes at a perfect time with its 2023 edition and will take place on 8-9 May 2023 at the Mövenpick Hotel and Residences, Riyadh, KSA.

The summit is bringing together some of the world’s leading experts in the industry. This year's event is focused on success stories, case studies and use-cases that will help the attending organizations to learn ground-level implementation and explore innovative LC/NC technologies via demos and live showcase of cutting-edge technologies from leading international and local companies including KPMG, ServiceNow, KissFlow, Maestro Blocks, Novigo, Odoo, Digination, Outsystems, Master Team, Master Works ,Creatio, Xebia, ATIT, Mendix, Genexus, Quixy, Zoho, FPT, Ser Group,  Zamil Information Services and many others.

Saudi Arabia's prominent leaders have come together being part of the advisory committee in drafting a curated program that will benefit the organizations in driving the future of industry and over 300+ C-level decision makers will be attending the summit to explore best practices and ideas. 

"The global low-code development platform market is expected to grow at a 31% CAGR during the forecast period, generating a revenue of $187 billion by 2030. With the full deployment of emerging technologies, including low code/no code technology, the Kingdom of Saudi Arabia is set to become the global leader of the digital economy." - Abdulaziz A. Alorajj, Chairman, Programmers Association, KSA.

The event is set to feature insightful talks, panel discussions, and presentations led by industry leaders and speakers such as Mr. Bandar Al Shahrani, Head of Digital and Innovation, PIF Projects, Mr. John Bratincevic, Principal Analyst, Forrester, Abdulelah Aloshayni, Advisor - DG Of Business Technology Organization, Saudi Central Bank - SAMA, Steve Plimsoll, Strategic Advisor, National Center for Artificial Intelligence, Saudi Data & AI Authority (SDAIA) among others. Attendees will have the opportunity to network with peers, meet industry leaders, and explore new technologies that are driving innovation in the tech industry.

We are excited to bring together some of the brightest minds in the industry to discuss the latest developments in technology, said Mohammed Abu Omar Sami, Group Portfolio Director at MAK Conferences. "This year's event promises to be bigger and better than ever before, and we are looking forward to welcoming attendees from all over the world to Riyadh."

The summit is expected to attract a diverse range of attendees, including entrepreneurs, tech enthusiasts, investors, and academics. With a packed schedule of informative talks, interactive workshops, and networking opportunities, Middle East Low Code No Code Summit 2023 -Saudi Edition is poised to be an unmissable event for anyone interested in enterprise digital transformation. We are thrilled to announce the launch of No Code X Hackathon powered by Maestro Blocks and the No Code X Academy which will play a critical role in the education, awareness and further development of the Low Code No Code Technologies in the region and beyond. 

 

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Jason Roos
CEO and Founder at Cirrus

The Financial Conduct Authority (FCA) introduced a new Consumer Duty see more

  • 02:00 am

Global fintech Gresham Technologies plc (Gresham) has appointed Dan Kennedy as Senior Vice President of Sales, North America as part of the company’s continued expansion in the market. Based out of Gresham’s New York office, Dan will be responsible for all business development, sales, account management and partnering activities in the region.

Bringing more than 25 years of experience in enterprise technology solutions, Dan joins Gresham following seven years at Corvil (now part of Pico) as Managing Director and Head of Sales, Americas focused on real-time data analytics, cloud, cybersecurity and managed service solutions for financial markets. Most recently, Dan was Chief Revenue Officer at the AI and machine learning firm, Devron. Earlier in his career he created and led the Major Accounts team at Riverbed Technology, an enterprise data and digital transformation company.

Dan Kennedy said: “Gresham has built an enviable reputation in the North American financial markets as a trusted partner solving critical industry problems. With excellent customer references and best-in-class technology, I see significant opportunities in the region to deliver quantifiable value to new customers. I am impressed with the team’s passion and am confident that we will play a large part in Gresham’s continued success by helping customers overcome the challenges of their complex operations and by enabling data integrity, cost reduction and automation initiatives.”

Gresham CEO Ian Manocha said: “We’re delighted to have Dan on board. He brings a wealth of experience in strategic business development, major account management, partnering and sales execution and joins a strong team at a time when there is good momentum in the market. Our business has grown significantly in North America since winning our first customer in 2015. We now have more than 150 customers in banking and investment management supported by a team of over 60 people on the ground. There is a significant opportunity to deepen customer relationships and accelerate growth in the market.”

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  • 03:00 am

Sandeep Sacheti, Executive Vice President, Customer Information Management and Operational Excellence for Wolters Kluwer Financial & Corporate Compliance, will share how the company is bringing the best of human expertise and machines together during a series of speaking engagements set to begin with “Automation, AI and ChatGPT: How Will Labor Be Affected?”, a virtual panel held by the Henry George School of Social Science on May 9 at 6:30 PM EDT.

Sacheti will be joined by Edward Dodson, a faculty member at the Henry George School of Social Science, and Ansel Schiavone, Professor of Economics at St. John’s University, for an in-depth discussion surrounding labor markets and the seismic technological disruption posed by AI and automation. Sacheti will outline a conscientious approach towards LLMs that emphasizes the unparalleled degree of accuracy clients have come to expect from Wolters Kluwer’s products and services.

“As the promise held by large language models continues to mature, Wolters Kluwer remains focused on cultivating the intricate blend of sophisticated technologies and market-leading domain expertise required to produce dependable, client-centric innovation,” Sacheti said. “We are committed to providing our customers with the precision and accuracy they depend upon to support their businesses.”

Later this month, Sacheti will also lend his considerable expertise to the HFS Horizons Summit in New York City. There he’ll join a panel of other leading technology executives to discuss how enterprises may leverage innovative technologies such as generative AI, the metaverse, and Web3 to drive new sources of value and reduce costs. The seminar – “The Ecosystem Effect – How to Create New Forms of Value” – will be held Wednesday, May 17 from 9:35 AM to 10:25 AM EDT at 1221 Avenue of the Americas in New York City. Guests may also register to attend the event virtually.

The Henry George School of Social Sciences was founded in 1932 with an underlying mission to create a more productive national economy that encourages inclusive prosperity.  HFS Research is an analyst organization focused on the intersection of innovation and business operations. Each year, HFS produces more than 100 events and conferences devoted to fostering one-on-one discussions between consumers, advisors and business process and technology providers.

Prior to joining Wolters Kluwer in 2012, Sacheti occupied senior leadership positions at UBS and American Express in areas of fraud detection, credit risk management and information management.  He holds a Doctorate from the University of California, Berkeley, as well as more than 20 patents in decision science, fraud verification and identification and has published extensively on these subjects. Last year, Finance Monthly named Sacheti FinTech Executive Leader of the Year, USA, in conjunction with the magazine’s annual and highly coveted FinTech Awards, while Corporate Vision magazine bestowed the honour of Analytics Executive Leader of the Year. 

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  • 07:00 am

MoonPay has announced they launched their app which is available in 130 countries, the MoonPay App can now be downloaded in the Apple App Store and Google Play Store.

Key features include:

Unified wallet management: Manage all your wallets in one place with wallet integration and detailed purchase history.
Effortless transactions: Buy crypto in under a minute using payment methods like debit and credit cards, local bank transfer, Apple Pay, Google Pay, and more.
Multi-chain accessibility: Choose from over 100 cryptocurrencies including Bitcoin, Ethereum, and dozens more.

The app launch builds on MoonPay’s robust foundation of partnerships with prominent Web3 leaders including MetaMask, OpenSea, Uniswap, and numerous enterprise brands like FOX, Universal, and Alo Yoga.

Digital artists including Amber Vittoria, Emonee LaRussa, Maliha Abidi, and ThankYouX have also contributed to MoonPay’s thriving creator network.

Over the coming months, MoonPay aims to accelerate the mass adoption of Web3 by bringing brands, creators, and users together through end-to-end experiences. The MoonPay App will play a large role in that vision, serving the millions of MoonPay users, crypto natives, and novices to access and explore the world of Web3.

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  • 07:00 am

Liquido, a next-generation payments company for Latin America has emerged from stealth and launched publicly with $26M from Index Ventures.

 
Founded by ex-Uber and DiDi alum Shanxiang Qi, and Mk Li, a former VC who began his career at Google, followed by Microsoft Silicon Valley, California-headquartered Liquido has spent the last two years building a payments infrastructure to modernize digital payments access for Latin American businesses, similar to what Stripe built in the US.

The company has already processed more than $300 million in payments through a closed beta with several top consumer brands, utilising a unified and integrated API for merchants to accept and process all forms of payment - from credit and debit cards to bank transfers to digital wallets, and even cash.

Additionally, Liquido debuted Payment Plus Platform (PPP), which runs on top of its core payment services, enabling clients to build Shopify-like storefronts on popular media platforms, beginning with a shop window for WhatsApp. Using the platform, customers can display merchandise, process payments and explore new ways of conducting business, such as hiring crowdsourced community sales representatives, running promotional events for loyal customer groups, and creating group buying experiences.

To improve conversion rates, a 'Payments Success Booster' on PPP enables customisable fraud flagging and transaction blocking, WhatsApp payment recovery, flexible payment method switching, and smart routing and retrying.
Says CEO Li: “While developing our PPP narratives, invaluable insights and new possibilities have come from our pilot users. For example, an early adopter launched Facebook and Instagram ad campaigns with direct click-through to their branded WhatsApp Liquido Store. Innovative usage like this validates our direction and fuels our determination to provide the solutions our customers and users deserve in this vibrant economy.”

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  • 01:00 am

UK digital bank Monzo has reached a milestone of a quarter of a million business customers, with one in 23 businesses in the UK now onboard.

Monzo moved into the market for business accounts three years ago, a year later than arch-rival Starling, which now claims 520,000 small business accounts, representing an 8.9% market share.

Monzo Business Pro costs £5 per months and includes integrations with cloud accounting tools Xero and FreeAgent, alongside other products and features such as 'Tax Pots', which automatically set money aside for a tax bill, invoicing capabilities multi0user access and the ability to auto-expert transactions. Monzo Lite is the free stripped-down version of the business app.

Monzo has not provided a breakdown of free and paying customers in the 250K figures.

In April, the bank also launched Business Instant Access Savings, offering a 1.5% AER interest rate (variable) per year, paid monthly into the Pot.

This arrived two months after Starling rolled out its first savings product for small businesses, offering a fixed interest rate of 2.5% over one year on balances of £2000 or more.
Jordan Shwide, head of Monzo Business says: “Monzo Business was launched just over three years ago and now 1 in 23 businesses in the UK bank with us. Startups and small businesses are the backbone of the UK economy, and are at heart of the nation's innovation and growth. We’re lucky enough to see this in action every day with our 250,000+ customers, working with them to create a business bank account and industry-first features that support them wherever they are on their business journey”

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  • 03:00 am

Broadridge Financial Solutions, Inc., a global Fintech leader, today announced that it has won the Innovation in Corporate Governance and Proxy Voting Award at the 2023 Global Custodian Leaders in Custody Awards, a globally recognized ceremony acknowledging the achievements of the securities services industry over the past year.

The prestigious award recognizes Broadridge’s continuous innovation focused on transforming the proxy voting ecosystem, including national-level innovations to drive efficiency and empower investor stewardship – for both institutional and retail investors, extended shareholder disclosure services, and the provision of pass-through voting services to support beneficial investors in pooled instruments.

“Broadridge continues to innovate and push the boundaries in governance and proxy voting with each passing year, in an impressive continuation of delivering new opportunities for clients in this space again and again,” said Jonathan Watkins, CEO and Managing Editor of Global Custodian. “These examples of innovation are occurring in all corners of the world with increased voting access for overseas investors in the US, empowering retail voting in Europe and hitting astounding new milestones in Japan. This award encompasses Broadridge’s work in market-specific governance, investor stewardship extended governance through disclosure.”

“Continued innovation within the established vendor community is always a challenge, but Broadridge has regularly demonstrated commitment to respond to client and market changes in the rapidly evolving world of corporate governance,” said Virginie O’Shea, Founder of Firebrand Research.” “Winning this award is testament to their successes in that endeavour.”

“Broadridge has a proven track record of delivering for clients and helping the market to stay ahead of the evoloving, mandatory requirements for corporate governance communications,” said Demi Derem, General Manager, International Investor Communications Solutions at Broadridge. “The market can continue to depend on our proven track record for professional integrity, solution investment and best-in-class services. As we move towards “real-time” processing by end of 2023, I’m sure our clients will continue to reap the benefits of partnering with us.”

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