Financial Technology News 22 May 2013

The RAC, the UK's most progressive motoring organisation, has successfully deployed SSP Select Contact Centre, SSP’s specialist high-volume personal lines contact centre broking solution.   The solution, which is already used by a number of leading high-volume personal lines brokers across the motor and household insurance... read more

In the Middle East, clients have acknowledged Deutsche Bank’s leading position in FX by ranking the bank No.1 with 16.15% of overall market share. This is attributed to the significant investment Deutsche Bank made in upgrading its pricing and distribution systems as well as the continued focus on providing innovative... read more

InvestSoft Technology, a provider of innovative portfolio management, accounting and analytics software, today announced upgrades to BondProbe Analytics, a revolutionary API with a full library of fixed income & derivatives analytics and fixed-income portfolio modeling. BondProbe Analytics has been in production for 18 years... read more

Earthport rolls out fully automated payment service into Morocco to meet the growing demand for cost efficient, low-value payments in the region  Earthport, the cross-border payments service provider, today announced the roll out of a fully automated payment service into Morocco. The route is the first low value payment... read more

Ariel Communications Ltd, based in Hemel Hempstead, UK and IFIS Asia Holdings Pte Ltd (IFIS), Singapore, have signed a Distributor Agreement that covers the Asia-Pacific region. The agreement significantly strengthens the ability of both Ariel and IFIS to capitalise on the fast growing APAC market for FX and DMA CFD trading systems. The... read more

New version delivers an updated user experience, improves risk management and provides access to multi-asset functionality  Misys, the global application software and services company, announced today the release of Sophis VALUE v5, its flagship buy-side solution. The new version offers an increased level of transparency for traditional... read more

• Launches Biz$core Compliance & Risk Management Pack with combined advantage of UAE Central Bank Regulatory Reporting + Risk & Compliance in a single solution  • Ready-to-deploy solution compliant with the Central Bank of the UAE requirements  • Solution built using 'Single Extraction Multiple... read more

3rd Global Delivery Centre in the USA; more centres to follow  Reinforces commitment to hire local talent at each location  Hexaware Technologies Limited, a leading global provider of IT, BPO and consulting services announced the opening of its latest Global Delivery Centre (GDC) at Frisco, near Dallas in... read more

Appointment furthers UBS strategy and strengthens business in Brazil  UBS today announced it has appointed Sylvia Coutinho as CEO of UBS Group Brazil effective June 24th, 2013. She will be responsible for further strengthening the firm’s presence in Brazil and overseeing the firm’s strategy to deliver... read more

Deutsche Asset & Wealth Management today announced the addition of the db X-trackers MSCI Germany Hedged Equity Fund (NYSE Ticker: DBGR) to the db X-trackers platform, effective May 31, 2013. DBGR is the first ETF designed to provide investors direct exposure to the German equity markets while mitigating exposure to fluctuations... read more