Facepoint Available via NICE Actimize’s Marketplace Hoboken, N.J.-based NICE Actimize, a NICE business, reports that Facepoint, which offers a biometric risk screening engine, has joined the X-Sight Marketplace NICE Actimize’s X-Sight Marketplace includes “more than 60 technology partners,” according to a statement, which calls the marketplace the “first financial crime and compliance ecosystem that connects… Read More >>
SS&C Advent Updates Key Offerings
While clients of the SS&C Advent line of solutions are implementing the latest product updates, SS&C Technologies reports that it is seeing an acceleration of long-term customer trends such as the embrace of cloud computing and outsourcing as a result of the pandemic-induced lockdown, market volatility, and economic challenges. The offerings just updated — Advent… Read More >>
Finastra & CloudMargin Launch Collateral Management Service
Finastra’s FusionFabric.cloud Links to CloudMargin Financial services systems vendor Finastra is partnering with CloudMargin, a collateral and margin control solutions provider, to offer an integrated collateral and margin management solution via a Software-as-a-Service (SaaS) model. The “Collateral Management as a Service,” will be hosted by CloudMargin and available through Finastra’s FusionFabric.cloud platform, officials say. The… Read More >>
ISDA’s CDM Pilot Clears Interest Rate Derivatives
Pilot Also Uses the Digital Asset Modeling Language ISDA’s Common Domain Model (CDM) was part of a proof-of-concept implementation that clears interest rate derivatives with the help of an open-source smart contract language, the Digital Asset Modeling Language (DAML) from vendor Digital Asset, officials say. “Using the CDM for clearing and deploying it on a… Read More >>
Gresham Taps Duco for Top European Sales Post
Vincent Him Joins Gresham London-based reconciliation vendor Gresham Technologies has tapped competitor SmartStream Technologies to fill a senior European sales position, underscoring its international growth efforts, officials say. Gresham has hired Vincent Him to be sales director for Europe, and he has nearly 25 years of experience across the post-trade reconciliations industry. In addition to… Read More >>
U.K. Regulator Blocks FNZ’s Purchase of GBST
U.K. regulator, the Competition and Markets Authority (CMA) has decided to block FNZ’s controversial acquisition of GBST, arguing that the combined company will lead to less competition, which could foster higher costs and a drop in the quality of service for U.K. consumers. After a fierce bidding war last summer that involved FNZ’s competitors Bravura… Read More >>
Roley Leaves SS&C Advent for Post at TPG
Robert Roley has left systems and services vendor SS&C Technologies to take a position at private equity firm TPG, and SS&C has named two co-heads to replace him at the SS&C Advent division. “After 18+ years as a technology operator with Advent Software and SS&C, I joined TPG Capital’s software and enterprise technology team to… Read More >>
SS&C Advent Releases On Schedule Despite Pandemic
SS&C Technologies has stuck to its release schedule for its SS&C Advent solutions line regardless of the challenges of the COVID-19 pandemic and lockdown. “These updates are part of our standard semi-annual release cadence. We have major releases of our products in April and October every year,” Karen Geiger, chief development officer (CDO) of SS&C… Read More >>
SS&C Buys Innovest Systems for $120 Million
Acquisition Adds to SS&C’s Wares for Trust Companies Securities systems and services provider SS&C Technologies recently signed a definitive agreement to acquire wealth management technology vendor Innovest Systems, based in New York City, for a total of $120 million in cash and stock, officials say. SS&C officials say that this strategic acquisition is intended to… Read More >>
St. James’s Place Moves to SS&C’s Bluedoor
With the help of SS&C Technologies, the London-based St. James’s Place Wealth Management (SJP) has migrated its £69.1 billion ($86.3 billion) in customer accounts from a legacy mainframe application to SS&C’s Bluedoor and Percana Insurance solutions in an effort to give end-user clients a single view across pensions and savings products, officials say. SS&C made… Read More >>
