07/21/2020
Digital Strategy for a New Reality
Local regulators such as Guernsey Financial Services Commission (GSFC) and Jersey Financial Services Commission (JFSC) adopted the use of electronic signatures on applications made to the commissions.
Innovation & Startups
07/21/2020
HMT launches Independent Fintech Strategic Review
A review into the UK’s financial technology industry has been launched today to identify opportunities to support further growth in the sector, The Economic Secretary to the Treasury, John Glen, has announced.
07/21/2020
Transact bounces back after difficult Q1
It came after Transact's assets dived 10 per cent over the three months to March 31 as it was hit by £5.5bn of negative market movements.
07/21/2020
Microsoft and Finastra team up to help the financial sector embrace the cloud
We believe the future of finance is open – together with Microsoft
07/21/2020
Latest Truss Edge software improvements include support for fund managers in lockdown
The enhancements also reflect Truss Edge’s ongoing support for the reporting requirements of family offices.
07/20/2020
Coronavirus will accelerate adoption of digital banking
As with other industries, banks have had to ensure business continuity and seamless business operations while dealing with staff working remotely and reduced staffing levels as employees fall ill or face travel restrictions.
07/20/2020
Smart robotics can transform Middle East’s $17bn supply chain
Automated robotics are set to play a major role in supporting reshoring and local manufacturing. As automated robotics have become more accessible and affordable, they are now ideal for small companies, manufacturers, and the agricultural industry.
07/20/2020
Quest Asset Partners selects Iress to automate and simplify portfolio management
The launch of a fourth fund in May - a new long/short fund - introduced the need for a more scalable solution to its operations and in the management of portfolios.
07/20/2020
University announces innovative collaboration with financial technology firm
The University has worked on KTPs with companies in a variety of different industries, from engineering to tourism, including one to measure the economic impact of Chatsworth House, the Derbyshire home of the Duke of Devonshire.
07/20/2020
Group pushes standards to unify fintech industry
Among the concerns the fintech group seeks to address with the handbook are inconsistency of terms, overlapping jurisdictions over semantically similar concepts, concepts not covered by existing taxonomies, implementation mismatch and policy conflict.
07/20/2020
Online platform launched to help business owners
It was his mission to help as many business owners and leaders as possible, so he created an affordable platform to help build resilient, agile companies with the potential to thrive not just survive.
07/20/2020
Vanguard venture with Ant Group lures 200,000 Chinese clients
Pennsylvania-based asset manager plans to multiply customers by offering low-cost financial advice
07/17/2020
Covid-19: FCA and City Corporation 'digital sandbox' for innovative firms
Building on our approach to innovation, we are collaborating with The City of London Corporation to pilot a ‘digital sandbox’.
07/17/2020
Citi to provide global custody solutions to Mitsubishi UFJ Investor Services & Banking (Luxembourg)
The new business mandate, whose platform implementation and asset migration are expected to be completed in early 2022
07/17/2020
Hong Kong Open Banking initiative backed by HSBC
The developers will demonstrate their final proposals to HSBC and the banking industry at the end of the Programme in October 2020.
07/17/2020
Gaps in Canadian surveillance technology spark concerns about traders working from home
"Banks' technology is sufficient to do trading, order reception, order execution" remotely, Zoican said.
07/16/2020
US work visa suspension unlikely to impact operations, says Infosys
Infosys, which had over 2.39 lakh employees at the end of June 2020 quarter, saw 61.5 per cent of its revenues come from the North American market.
07/16/2020
OCBC Links App to National Digital Identity Platform
Managed by the Government Technology Agency (GovTech), SingPass is used by Singapore residents to access government e-services.
07/16/2020
Italian Banca Ifis enters the German market in partnership with Raisin
The partnership enables Banca Ifis to extend its banking offers across borders and into Germany, diversifying its funding streams, thanks also to the use of an already operational digital retail banking infrastructure.
07/16/2020
Temenos Announces Strong Recurring Revenue Growth up 17% in Q2, Gradual Improvement Expected in Q3 and Q4 2020
Reconfirming guidance for at least 13% recurring revenue growth, at least 7% EBIT growth and conversion of 100% of IFRS EBITDA into operating cash