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
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, 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
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, 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
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
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
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
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