Fintech, Finance, Technology, Banking Highlights – 4 May 2018

IBM Acquires Armanta to Help Financial Services Firms Meet Regulatory, Business Demands

As industry pressures continue to grow, financial services companies are seeking to accelerate their ability to meet increasing regulatory requirements and other business demands, such as CECL, FRTB, traded credit risk, ALM and liquidity, portfolio management and more.

That’s why today, IBM is announcing its acquisition of Armanta, Inc. (Armanta), a provider of aggregation and analytics software to financial services firms. Armanta’s technology platform allows financial institutions to aggregate data across multiple systems in near real-time speed. This helps them enhance their management decision-making and better address regulatory compliance and other market drivers, allowing firms to re-allocate saved capital to innovation initiatives.

Over the past two years, Armanta and IBM have worked together to deliver financial risk solutions to clients globally. The combination of IBM’s and Armanta’s technology and expertise has allowed IBM to deliver new offerings that have already been adopted in the market. Armanta technology has not only enhanced our existing solutions but also allowed IBM to rapidly develop new offerings for clients.

Ingenico Group partners with Paymentsense to release new solution in the UK

Ingenico Group, the global leader in seamless payment, has today announced the successful UK launch of an exciting new mobile payment solution for merchants, in partnership with Paymentsense, Europe’s largest merchant service provider.

From today, UK merchants of all sizes can bring the point of sale direct to their customers with a slim, light, elegant and super-fast payment device, easily integrated into their existing POS systems.

Using Ingenico’s Link/2500 mobile payment device, connected via Paymentsense’s Connect software, retailers can quickly implement a fully mobile checkout experience without complex integration or major system changes. Consumers can pay with contactless, Apple Pay and Google Pay, as well as the full breadth of traditional cards.

For a retailer, that means less queuing, a more personal consumer experience and more selling space. For a restaurant, it means that pay-at-table is a slicker experience, with more waiting staff empowered to take a payment. That means less waiting, faster turnover of tables and happier diners.

Eze Investment Suite Seamlessly Unites Investment Operations

Eze Software, the premier provider of global investment technology, has released the newest version of its enterprise-wide investment management solution, Eze Investment Suite 2018.

The latest release of Eze Investment Suite continues to build on Eze’s mission of providing unified and streamlined access to technology for the entire investment management operation, ensuring efficiency and operational excellence.

The enterprise-wide investment management solution is the culmination of the work Eze Software has been doing in the last five years, seeking to unite processes such as Order, Execution, and Portfolio Management, Accounting, Commission Management, and Compliance on a single platform. Eze Investment Suite builds on the award-winning technology of time-tested Eze OMS, Eze EMS, Eze Portfolio Management, and Eze Investor Accounting to deliver an enhanced experience whereby firms can manage their entire operation via a single solution. The multi-asset platform is designed to minimize total cost of ownership by scaling to fit the needs of firms across sizes, geographies, and strategies.

Software can be deployed as a single solution or a la carte, via installations, and the cloud. Development release cycles are aligned, and new features are released every six weeks.