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Latest news - Friday 31st October

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SimCorp: Thinking Beyond the Traditional

31st October 2014

Company: SimCorp
As the investment management industry learns to operate in the post-crisis environment, the need for state-of-the-art systems is becoming acute. Many firms still base operations on legacy systems and question whether they will support them going forward. Either they have to continue patching and upgrading these systems or they have to implement a... read more
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Is your risk department an impediment to business growth?

31st October 2014

The estimated combined spend in 2012 and 2013 by banks on risk management systems was pegged at USD 44 Billion (Chartis Research – Global Risk IT Expenditure 2011, 2014-15) and is expected to reach a combined spend of USD 59.9 Billion in 2014 and 2015. Having said that, surprisingly, even today, most banks do not have on-demand access to... read more
QTS announces Cumberland Building Society as new client and launches new Mortgage Calculator

QTS announces Cumberland Building Society as new client and launches new Mortgage Calculator

31st October 2014

Company: QTS
QTS, the market-leading supplier of online and mobile banking systems to building societies, has announced the launch of a significant new product with its new client, Cumberland Building Society. The Cumberland has chosen QTS to enhance its website with the addition of the new QTS Mortgage Calculator. The Mortgage Calculator will... read more
New eXtremeDB Financial Edition Version 6.0 Ramps Up Database System’s Speed, Scalability and Development Simplicity

New eXtremeDB Financial Edition Version 6.0 Ramps Up Database System’s Speed, Scalability and Development Simplicity

31st October 2014

Company: MCO Europe Ltd
Access to Vector-Based Functions via SQL and Python Boosts Programming Speed and Productivity. Distributed Query Processing and RLE Compression Tackle Big Data in Capital Markets Analytics. McObject® announced it has released eXtremeDB® Financial Edition version 6.0, a major upgrade of its database system for capital markets... read more
InvestSoft Technology enhances its IBOR solution with new daily and on-demand exceptionally high-speed performance module.

InvestSoft Technology enhances its IBOR solution with new daily and on-demand exceptionally high-speed performance module.

31st October 2014

InvestSoft Technology, a provider of innovative portfolio management, accounting and analytics software, today announced the addition of a new Performance module that integrates fully with its IBOR (Investment Book of Record). The IBOR is a trade, tax-lot and portfolio position management solution that buy- and sell-side firms use to monitor and... read more
JMR Infotech implements OFSAA AML and KYC in AfrAsia Bank Limited, Mauritius

JMR Infotech implements OFSAA AML and KYC in AfrAsia Bank Limited, Mauritius

31st October 2014

Company: JMR Infotech
AfrAsia Bank goes live with Anti-Money Laundering and Know Your Customer solutions in record time JMR Infotech, a leader in banking technology solutions and services, announced on October 30, 2104 that Mauritius-based AfrAsia Bank Limited has gone live with Anti-Money Laundering (AML) and Know Your Customer (KYC) solutions. JMR Infotech has... read more
Standard Life Wealth Deploys Redi2 Revenue Manager™

Standard Life Wealth Deploys Redi2 Revenue Manager™

30th October 2014

Redi2 Technologies, the leading provider of hosted fee billing and revenue management solutions for the global financial services industry, today announced that Standard Life Wealth has deployed its Revenue Manager software. Redi2 Revenue Manager™ is a hosted fee billing and revenue management solution that provides organizations with... read more
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Compass Plus survey reveals that over 70% of UK consumers still do not have a contactless card

30th October 2014

Company: Compass Plus
A survey conducted by Compass Plus, an international provider of retail banking and electronic payments software to financial institutions and processors, has revealed that there are three main challenges hindering the mass adoption of contactless payments in the UK; card distribution, fears around security and regional awareness. The survey, in... read more
Trend-setting investment advisory platform

Trend-setting investment advisory platform

30th October 2014

Liechtensteinische Landesbank, Avaloq and swissQuant Group have partnered to develop a fully integrated IT-based customer advisory solution. Liechtensteinische Landesbank, Avaloq, and swissQuant Group have established a partnership for the development of a future oriented IT platform for investment advisory. Already in one year LLB clients will... read more
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