News & Analysis
Project Sentinel completes MiFID II technology specification, embarks on vendor search
Mifid

Project Sentinel, a collaborative initiative by a group of banks to mutualise the cost of MiFID II implementation in the OTC front office, has completed the detailed business requirements and is now looking for the right vendors to deliver the solution.

Lloyds branch and job cuts run deeper
Lloyds-TSB-Commercial-Finance

Lloyds is to axe 3,000 further jobs and close 200 more branches, despite a 101% rise in pre-tax profits.

Dubai Islamic Bank selects Nasdaq BWise platform for risk and compliance

Dubai Islamic Bank (DIB) has chosen Nasdaq BWise’s governance, risk management and compliance (GRC) platform for more real-time visibility into their risks.

New mobile banking service for SMEs gears up for UK launch

UK-based Tide will offer a “nimble small business current account”, with a swift set-up and no monthly frees. Tide’s CEO George Bevis says the company will open its virtual doors for business in autumn this year.

Top ten retail banking sites in the US – June 2016

Who is leading the digital way among the US retail banks? We have put together some nifty stats for the top ten online banking sites in the US for the past month. We’ll be publishing regular updates on a monthly basis, to track the changes, developments and trends – to bring you a fuller picture of the country’s digital banking appetite.

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CECL: introducing another project for banking IT departments
Jeroen Van Doorsselaere, Wolters Kluwer

There was some big news for bank’s risk and finance technology departments last month: the Financial Accounting Standards Board (FASB) has introduced a new impairment model, CECL (current expected credit losses) model. What is it, how to adapt to it and how to apply it?

Optimal execution and the human-machine interface
xxxx

In recent years, two important applications of predictive analytics have arisen, both aiming to improve the manner in which trading algorithms are used and controlled. It is important for both the buy-side and their partners to understand how machine learning impacts the business today and how it is likely to evolve in coming years.

For The Record
IFINTEC Finance Technologies Conference and Exhibition

IFINTEC Finance Technologies Conference and Exhibition will be held on 12-13 April 2016 in Istanbul, Turkey. IFINTEC is a dedicated conference focusing on banking solutions and finance technologies. IFINTEC is one of the biggest events in EMEA region in its category. Banking Technology, Finance Technology, Core Banking, Retail Banking, Universal Banking, Commercial Banking, Branchless Banking, […]

Nasdaq acquires Chi-X Canada

Alternative trading system Chi-X Canada has been bought by Nasdaq, as part of a push by the global exchange group to grow its presence in North America’s largest country. The deal is expected to go through in Q1 next year.

Deutsche Börse re-signs for Scila Surveillance sofware

Deutsche Börse has renewed its contract with Stockholm-based independent surveillance technology provider Scila, signing a five-year agreement to continue using its software.

Norwegian mobile payment service Valyou closes down

The Norwegian Valyou mobile payment service started by DnB and Telenor will be closed at the end of this month as a result of slower than expected activation of NFC enabled POS terminals and a much lower than expected end user uptake.

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