Tier1 Financial Solutions (Tier1), a client relationship management (CRM) technology provider for capital markets and banking, has launched a pre-packaged delivery model for its global software solution that also reduces time-to-market to weeks instead of months.
Technology & software solutions
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has launched SmartStream Air version 2, the latest artificial intelligence (AI) technology aimed at improving data quality and reconciliation processes that would usually be measured in weeks and months, to just seconds.
Covid-19 prompts more than half of asset management firms to accelerate adoption of digital marketing technology
A research report commissioned by SDL, the intelligent language and content company, reveals that more than half (52 per cent) of European asset management firms have implemented client engagement, and digital marketing and communications technology, sooner than anticipated due to the Covid-19 pandemic.
Post-trade solutions provider for the buy-side Electra Information Systems has released new audit and control workflows for its client fee billing solution.
Indus Valley Partners (IVP), a provider of technology solutions and services to the buy side, is seeing an accelerated adoption of a digital-first operating model among its client base of 140-plus global asset managers.
Bottomline Technologies, a provider of financial technology that makes complex business payments simple, smart and secure, has partnered with Dow Jones Risk & Compliance, adding key data to its Anti-Money Laundering and Counter Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.
The Depository Trust & Clearing Corporation (DTCC)'s Depository Trust Corporation (DTC) subsidiary has filed with the US Securities and Exchange Commission (SEC) to launch ClaimConnect, a new DTC service that will centralise and automate cash claim processing across the entire lifecycle of a corporate action claim.
Wilshire Associates (Wilshire), an investment technology and advisory company, is to be acquired by private investment firms CC Capital and Motive Partners.
BNP Paribas, and Allfunds, an independent specialist in wealth technology, have completed their strategic agreement to build next-generation fund distribution services.
JP Morgan's liquidity management platform, Morgan Money, is now available to SAP customers through SAP Treasury Management, a solution within the SAP Intelligent Enterprise offering customers real-time cash visibility and allowing them to improve liquidity and lower risk.