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Mobile and cloud top financial CIO agenda in UK

Fujitsu found cloud benefits becoming clearer to FS CIOs

Mobile banking will be an increasingly important channel for UK banks and financial institutions over the next three years and will be a key factor in retaining customers and increasing loyalty. In a survey of 50 CIOs from across the UK wholesale, investment and retail banking sector, 49% of organisations said that mobile banking is […]

Orange Business Services brings HFT co-location to Spain

Madrid is now offering co-location at the BME

Market participants on Spain’s Bolsas y Mercados Españoles can expect higher trading speeds, following a deal between the exchange and Orange Business Services – Trading Solutions.

High-tech online banking comes to Russia

Oleg Tinkov is a Russian entrepreneur who has been likened to Richard Branson because of his six businesses

Russian entrepreneur and former miner Oleg Tinkov is building a new business that will use Internet and mobile technology to bank the unbanked in Russia and other CIS countries.

Commerzbank first to go live with Swift Sanctions testing

Stuckens: balancing resources

Swift’s  Sanctions Testing service, developed in partnership with Omnicision, has gone live, with Commerzbank becoming the first institution to sign up for it. “Effectiveness and efficiency of our sanctions filtering is of paramount importance. The new Swift service helps us with constantly testing and improving our systems and processes in order to develop a best-in-class […]

Volante teams with Rapid Addition for messaging integration

Houston: STP is back on the agenda

Two well-known names in the financial messaging world have come together to collaborate on the creation of “end-to-end messaging capability that supports the full trade life cycle”.

Lloyds outage hits customers at ATMs and point-of-sale

Lloyds is the latest High Street bank to have been hit by system failure

Lloyds Banking Group says that “technical issues” that prevented customers using their cards at ATMs and point-of sale terminals in shops have been resolved and it expects all transactions affected to have been sorted out by the end of the day.

Canada poised for change as ‘megabourse’ takes shape

Canadian market participants can now choose between TMX and Chi-X Canada

The departure of former Alpha Group chief executive Jos Schmidt marks a turning point for Canada’s capital markets, as participants await the formation of a new unified ‘megabourse’ comprising Alpha, Canadian exchange group TMX, and the Maple consortium of banks.

Banking Technology Awards 2012 Short-lists announced

Awards-2012-Logo-Outlined

The votes are in, the counting is finished and the arguments resolved. Here are the short-listed entries for the Banking Technology Awards and Readers’ Choice Awards.  Winners will be announced at a Gala Dinner on 5 December at The Grand Connaught Rooms in London.  Judging of the awards for institutions was eased this year by […]

Mobile trading comes to iPad as MarketsPulse releases new platform

Israel-based MarketsPulse says its new iPad-compatible options platform will help clients

A new options trading platform for tablets such as the iPad has been created by Israeli technology firm MarketsPulse, which aims to cash in on the growing number of trades on mobile devices.

Indian ‘flash crash’ attributed to human error

The trading crash at the NSE was caused by human error

A trading incident that saw India’s Nifty 50 Index collapse by approximately US$102.5 billion in value, causing circuit breakers to halt trading on the National Stock Exchange of India, has been attributed by market participants to a freak trade.

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