Financial Technology News 22 May 2012

Distra, a software provider transforming payments globally, has appointed payments visionary George Dishman into the role of Strategic Sales Executive North America. Distra enables rapid innovation for real-time payments, from point-of-sale, Internet and ATM transactions, and increasingly mobile and social media channels. With its Universal... read more

Uses Cloud to Address Compute Power and Big Data Demands of Real-Time Risk Analytics Numerix, a leading provider of cross-asset analytics for derivatives valuations and risk management, has enabled Numerix Portfolio on Windows Azure, providing customers the ability to burst complex pricing and risk calculation processes to the... read more

BNY Mellon Investment Manager Sees Growing Risk in Issuer-Weighted Indices Standish Mellon Asset Management Company LLC, the fixed income specialist for BNY Mellon Investment Management, has launched a bond strategy designed to improve exposure to what it believes to be the world's healthiest economies.  The strategy... read more

Quick, Accurate and Easy End-To-End Claims Processing Solution with Role-Based Workstations Providing Superior Customer Experience    Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology Company, announced the launch of IntellectTM Claims, a comprehensive cloud enabled... read more

Strengthens investment bank trading knowledge Cinnober today announces it has agreed to acquire Nomura's internationally renowned Swedish technology development organization in Umeå. The deal includes 40 specialists in developing equity trading applications and platforms.  Besides an enlarged development... read more

STERCI meets demand for increased network capacity with Interoute’s data centres STERCI, a leading financial messaging solutions company, has accelerated the efficiency and business agility of its growing customer base, by outsourcing its portfolio of global transaction services for financial data to the cloud. Placing its... read more

Additional leading Islamic bankers and scholars join overseeing Shariah and Islamic Committees for Islamic Interbank Benchmark Rate Thomson Reuters today announced the addition of leading Islamic scholars and bankers to the supervisory bodies of the Islamic Interbank Benchmark Rate (IIBR), expanding geographic and community... read more

Renaissance Capital, an emerging markets investment bank, has joined the SunGard Global Network (SGN) trading community. Renaissance Capital will be able to provide brokerage services for the Russian markets to the more than 2,000 asset managers and 530 brokers linked by SunGard’s international trading network. SGN community... read more

The SSAE-16 and ISAE-3402 examinations underline Misys’ commitment to SaaS solutions quality  Misys plc (FTSE: MSY.L), the global application software and services company, announced today that it has recently completed examinations of the organisational controls covering its Confirmation Matching Services (CMS)... read more

ICAP plc announced today that it has appointed Andy Coyne as Chief Executive Officer, Traiana. Andy Coyne joins Traiana from Citi, where he was Head of FX Prime and eCommerce Product. He will report to Gil Mandelzis, founder of Traiana, who has moved to the newly created role of Traiana Executive Chairman. In his role, Coyne will... read more