Latest news 21 May 2012

Advent Recognized For Its Cutting Edge Technology; Black Diamond’s iPad App Chosen As The Most Innovative Mobile Technology Application  Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, has announced that its Black Diamond platform offers an... read more

Goldrooster AG (ISIN: DE000A0AYYU6) joined the Entry Standard of the Frankfurt Stock Exchange on 18 May. The IPO comprised a total of 720,000 shares (excluding greenshoe) at a fixed price of €4.00. The initial listing price €4.10. The lead manager is VEM Aktienbank AG. Schnigge Wertpapierhandelsbank AG is acting as... read more

ValidSoft, a vendor of telco-based fraud prevention, authentication and transaction verification solutions, has won a contract to supply its primary Smart tool to Spindle, a US-based provider of mobile commerce and alternative payment solutions. The Secure Mobile Architecture for Real-time Transactions (Smart) tool will be integrated into... read more

Jamie Dimon will testify in Congress in order to clarify the series of events that led to JP Morgan's recent catastrophic trading losses.  The bank's chief executive officer has agreed to appear before lawmakers on Capitol Hill to explain how his organisation ended up over-investing in a hedging strategy that it ended... read more

A group of 16 Spanish banks have been downgraded by Moody's, it has emerged.  In a report released this morning (18 May), the leading credit ratings agency announced it has decided to cut the scores of several financiers due to a combination of increasing loan losses and the fact the eurozone crisis continues to rumble on.  ... read more

The Company’s executives demonstrated how IT can help drive business growth BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, reports that the Cards and Payments Middle East 2012 event was an outstanding success. In addition to showcasing its advanced,... read more

The Banking Industry Architecture Network (BIAN), which endeavours to create an open standards framework for core banking services based on a common service orientated architecture (SOA), has added four new members in ABN AMRO, Banco Galicia, SAB and UBS; and three new industry partnerships with ISO, OMG and The Open Group. The deal with the... read more

Hitec Laboratories, a leading developer of Governance Risk and Compliance Management solutions today announce an integrated language pack as part of the latest version of their Policy & Procedure Management Solution PolicyHub.   PolicyHub which utilises the latest technologies to provide customers with an advanced yet... read more

Bonds.com Group, Inc. (OTC.BB:BDCGE) announced today that Thomas M. (Tom) Thees has been appointed to the position of Chief Executive Officer of Bonds.com Group, Inc. effective June 1, 2012, and is now a member of the firm’s Board of Directors. This is the latest in a series of announcements by the firm reflecting its importance... read more

Deutsche Börse and China Financial Futures Exchange (CFFEX) today signed a Memorandum of Understanding (MoU) in Beijing. The parties agreed on a co-operation and an extensive exchange of information in order to facilitate the further development of both financial markets. In accordance with the MoU, the two exchange... read more