Barclays to overhaul back office ops & set up standalone entity, Barclays Services
Barclays is embarking on a major back office operations overhaul, with the creation of a standalone company, Barclays Services.
bankingtech.com
back office
SEB to consolidate investment management ops with Simcorp Dimension
Sweden-based financial services group SEB has selected Simcorp Dimension as its new back office platform for transaction processing, reconciliation, settlement, accounting and derivatives processing.
Dai-ichi Life Vietnam Fund Management live with SS&C’s Portia
SS&C’s Portia platform now supports middle and back office operations at Dai-ichi Life Vietnam Fund Management. Portia is a long-standing investment management solution. It came SS&C’s way in 2012 via the acquisition of the Portia business from Thomson Reuters. SS&C paid $170 million for it. Dai-ichi Life was looking for “a proven investment management solution […]
Exane signs for Simcorp Dimension investment management platform
Simcorp is implementing its flagship investment management system, Simcorp Dimension, at Exane to support its middle and back office ops for listed and OTC derivatives. Paris-based Exane is an independent investment firm that focuses on asset management, derivatives and brokerage in cash equities. Exane has been running a number of disparate systems and decided to […]
Berlin-based wealthtech @elinvar_de has raised €25 million funding to scale its offering in a round led by Toscafun… twitter.com/i/web/status/1…
.@RobinhoodApp hires two execs from US regulator Finra following last month's $65m SEC fine and fintechfutures.com/2021/01/robinh…
Chris Brummer in line for @CFTC chairman role fintechfutures.com/2021/01/chris-…
Minna Technologies [@minnatech] raises €15.5m in Series B funding round fintechfutures.com/2021/01/minna-…
BNPL Zip Co [@Zip_AU] boosts Aussie exchange to 11-month high with $56m share purchase fintechfutures.com/2021/01/zip-bo…
Singapore’s iSTOX [@istoxexchange] lands $50m from heavyweight Japanese backers to “democratise” Asia-Pacific’s pri… twitter.com/i/web/status/1…
DNA Payments Group acquires Active Merchant Services fintechfutures.com/2021/01/dna-pa…
.@Plaid launches incubator FinRise for fintech entrepreneurs who are Black, Indigenous, or People of Colour (BIPOC) fintechfutures.com/2021/01/plaid-…