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Financial Technology News - 23 November 2014

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SS&C GlobeOp Forward Redemption Indicator: November notifications 5.05%

21st November 2014

SS&C GlobeOp Forward R edemption Indicator for November 2014 measured 5.05%, up from 3.12% in October. “In line with seasonal expectations, forward redemption requests increased in November due to year-end investor rebalancing,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. The... read more
UBS Group AG and UBS AG announce successful conclusion of initial acceptance period and preliminary interim results of share-for-share exchange offer

UBS Group AG and UBS AG announce successful conclusion of initial acceptance period and preliminary interim results of share-for-share exchange offer

21st November 2014

Company: UBS Delta
UBS Group AG and UBS AG today announced the successful conclusion of the initial acceptance period and the preliminary interim results of UBS Group AG's share-for-share exchange offer. The initial acceptance period of the exchange offer, which, as announced on 12 November 2014, was extended, expired on 20 November 2014. Subject to any... read more
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Silverfinch and Fundsquare partner to provide Solvency II look-through solution across Europe

21st November 2014

Company: MoneyMate
Dublin-based Silverfinch and Luxembourg-based Fundsquare, two of the leading initiatives designed to help insurers and asset managers meet new regulatory obligations, have announced an alliance to promote their Solvency II Look-Through and Data Utility across Europe. The deal will see Silverfinch and Fundsquare launch a joint push to asset... read more
NewVoiceMedia named as Internet of Things Awards finalist

NewVoiceMedia named as Internet of Things Awards finalist

21st November 2014

Company: NewVoiceMedia
NewVoiceMedia, a leading provider of cloud contact centre technology, announced today that it has reached the final in the Internet of Things Awards (IoTAs). Organised by Total Telecom, the IoTAs were established to recognise innovation and excellence within the Internet of Things ecosystem. NewVoiceMedia's cloud customer contact platform... read more
Ark implements Sequel Impact

Ark implements Sequel Impact

21st November 2014

Key Lloyd’s managing agency Ark chooses Impact for its speed and accuracy  Ark has joined the growing list of major insurance organisations moving to Sequel Impact, Sequel’s risk exposure and aggregation tool. Lee Ramsden, Head of IT at Ark says: “Impact provides us with greatly enhanced query and mapping capabilities.... read more
FinovateEurope 2015 Demo Companies Announced!

FinovateEurope 2015 Demo Companies Announced!

21st November 2014

On February 10 and 11, 70+ handpicked companies will take the stage at FinovateEurope in London, a two-day showcase of the best innovations in financial and banking technology. The selected companies will showcase their latest ideas to an influential audience that's shaping up to be Finovate’s largest ever outside the US (well above... read more
Misys Gains “best Use of Technology in Risk Management” Award

Misys Gains “best Use of Technology in Risk Management” Award

21st November 2014

Company: Misys
CIR Risk Management 2014 awards recognises benefits of Misys FusionRisk Misys, the leading financial software company, has won “Best use of technology in Risk Management” at the CIR Risk management Awards 2014. This award reflects the ability of Misys FusionRisk to deliver recognisable benefits and significant value in risk... read more
City of Los Angeles selects CGI for new procurement system and upgrade of financials

City of Los Angeles selects CGI for new procurement system and upgrade of financials

20th November 2014

Company: CGI
CGI (NYSE: GIB) (TSX: GIB.A) today announced it has won a contract to replace the city’s 13-year-old legacy Supply Management System (SMS) and upgrade the City of Los Angeles’ Financial Management System (FMS). The contract is valued at US$19.6 million over four years. The City will utilize the CGI Advantage® enterprise... read more
TCS Business Process Services Inducted by Palladium Group into the Balanced Scorecard Hall of Fame

TCS Business Process Services Inducted by Palladium Group into the Balanced Scorecard Hall of Fame

20th November 2014

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced that the Palladium Group, Inc. has inducted TCS Business Process Services (BPS) unit into the 2014 Palladium Balanced Scorecard Hall of Fame for Executing Strategy. The Hall of Fame... read more
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