Search Results for: legacy system

The Bank of London Launches Today as the World's First Purpose-built Global Clearing, Agency & Transaction Bank
Banking News

The Bank of London Launches Today as the World’s First Purpose-built Global Clearing, Agency & Transaction Bank

Fintech News Desk
by Fintech News Desk0
The First Pre-revenue Bank in History to Attain a $1.1bn Valuation The Bank of London launches as the 6th principal clearing bank of the United Kingdom (UK), with a mission to lift communities and power the borderless economic infrastructure of the future. Latest Fintech Insights: DeFi Technologies Announces Uniswap Exchange Traded Product (ETP) to Begin Trading on Nordic......
Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator
Fintech News

Finastra expands Fusion LIBOR Transition Calculator

Fintech News Desk
by Fintech News Desk0
Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates and borrowers to calculate ARR in preparation for the end of the majority of LIBOR rates on 2021. In addition to SOFR for the US dollar and SONIA......
Jump Trading Takes the Leap with VAST Data to Accelerate Its Research Pipelines
Fintech News

Jump Trading Takes the Leap with VAST Data to Accelerate Its Research Pipelines

Fintech News Desk
by Fintech News Desk0
VAST Data’s Universal Storage Selected by HPCwire Readers for Best Use of HPC in Financial Services VAST Data, the storage software company breaking decades-old tradeoffs, announced that Jump Trading Group selected VAST’s highly performant, low-latency Universal Storage as the foundation to its high-performance computing (HPC) cloud infrastructure. As a global......
WSO2 is Recognized by Gartner in Two New Reports on Full Life Cycle API Management
Fintech News

WSO2 is Recognized by Gartner in Two New Reports on Full Life Cycle API Management

Fintech News Desk
by Fintech News Desk0
WSO2 was named a Visionary in the Magic Quadrant for Full Life Cycle Management and earned the second highest product score in Multiexperience Architecture, Integration Using APIs and Open Banking Use Cases in the Critical Capabilities for Full Life Cycle API Management WSO2 announced that it was recognized by Gartner......
FICO Launches Powerful Next-Generation Originations Solution for Digital-First Account Openings
Fintech News

FICO Launches Powerful Next-Generation Originations Solution for Digital-First Account Openings

Fintech News Desk
by Fintech News Desk0
With FICO Originations Solution, Powered by FICO Platform, financial institutions can put their customers in the driver’s seat. Highlights FICO launched its next-generation loan origination solution, FICO Originations Solution, Powered by FICO Platform, which provides financial services providers the ability to transform their customers’ digital onboarding experience. Built on FICO......
Plate IQ Raises $160 Million From FTV Capital To Close The Supply Chain Payments Gap Between Vendors And Operators
Digital Payments News

Plate IQ Raises $160 Million From FTV Capital To Close The Supply Chain Payments Gap Between Vendors And Operators

Fintech News Desk
by Fintech News Desk0
Under leadership of new CEO Barrett Boston, funding will help expand Plate IQ’s VendorPay network and footprint across new industries with holistic and vertically purpose-built solutions Plate IQ, the leading restaurant and hospitality accounts payable (AP) automation and payments platform, announced that it has raised $160 million in Series B......
Samsung Securities Lays Foundation for Digital Innovation with Oracle Cloud Infrastructure; Moves Derivatives Analytics Business to the Cloud
Fintech Investments News

Samsung Securities Lays Foundation for Digital Innovation with Oracle Cloud Infrastructure; Moves Derivatives Analytics Business to the Cloud

Chandni Maske
by Chandni Maske0
Reduces cost and risk, and delivers customer-oriented service enhancements Secures the flexibility and high performance needed for key analytics services in the public cloud using OCI Samsung Securities, Korea’s leading financial investment company, has selected Oracle Cloud Infrastructure (OCI) to underpin its digital innovation strategy as the company looks to......
PactFi, the Women-led Fintech, Raises VC Funding to Streamline Trillion Dollar Private Credit Market
Fintech Investments News

PactFi, the Women-led Fintech, Raises VC Funding to Streamline Trillion Dollar Private Credit Market

Fintech News Desk
by Fintech News Desk0
PactFi, the New York-based Fintech focused on solving the pain points of the $1trillion private credit market, announces the close of its first institutional VC fundraise to streamline deal workflows in the $1 trillion private credit market. Terms of the financing were not disclosed. PactFi, which is founded and run by women of color,......
Everest Group Recognizes GFT As A "Major Contender" For Application And Digital Services In Banking
Banking Mobile Banking News

Everest Group Recognizes GFT As A “Major Contender” For Application And Digital Services In Banking

Fintech News Desk
by Fintech News Desk0
— Banks boost competitiveness with digital banking based on new generation of cloud-native core banking systems — Benefits include enhanced responsiveness, customer centricity, and reduced costs — GFT is a leading global specialist in implementing and customizing cloud-native core banking systems — BankLiteX launched by GFT and Thought Machine with......
Juniper Research: Blockchain to Facilitate $10 Billion Savings Globally in Cross-border Payments, as Operational Efficiencies Take Effect
Blockchain Fintech News

Juniper Research: Blockchain to Facilitate $10 Billion Savings Globally in Cross-border Payments, as Operational Efficiencies Take Effect

Fintech News Desk
by Fintech News Desk0
Cost savings will see 3,300% growth by 2030 A new report from Juniper Research has found deployment of blockchain for cross-border settlement will drive increasingly significant cost savings for banks; rising from $301 million in 2021 to $10 billion in 2030. Blockchain implementation in cross-border settlement will enable stakeholders to leverage improved......
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