New ZealandRSS

Berlin-based online lender Spotcap starts operations in New Zealand


Spotcap, an online lending company headquartered in Berlin, Germany, has announced it is now operating in Auckland, New Zealand, as a registered financial services provider and is accepting applications for credit of up to NZD 250,000 ($182,000) from eligible businesses.

The Reserve Bank of New Zealand opts for Numerix risk analytics software


New Zealand’s central bank, Reserve Bank, is implementing Numerix’s Oneview for trade valuation and risk management analytics. The system will support risk pricing and risk analytics, market standard trade valuation, and position and collateral management. “We are improving our technology and analytics capability in our domestic and foreign market operations,” says the bank’s deputy governor, […]

Westpac makes digital banking push through IBM private cloud

New Zealand's NZX is now connected to BT Radianz Cloud

Australian bank Westpac has signed up IBM to assist a major digital banking push in New Zealand. The bank plans to use IBM’s private cloud technology to build mobile services and social media presence.

New Zealand joins BT Radianz Cloud

New Zealand's NZX is now connected to BT Radianz Cloud

New Zealand’s NZX has joined BT Radianz Cloud, a network that connects to global markets, making it easier for international investors to access the New Zealand market, which is predominantly known for dairy products.

New Zealand exchange goes X-stream for 2013

The New Zealand stock market is based in Wellington, on the North Island

New Zealand’s stock market has installed a new trading engine from Nasdaq OMX for equities, bonds, derivatives, commodities and exchange-traded funds as the market prepares to launch a host of new products in 2013.