IT Consultancy to Join Abacus Group Abacus Group, which hosts IT solutions and applications for alternative investment firms, is acquiring Hedgepoint Solutions, a boutique IT consulting firm based in New York City whose clients will be able to use the Abacus Cloud platform. Hedgepoint was founded in 2001 to offer technology services to businesses across… Read More >>
NICE Actimize Debuts ‘X-Sight’ for Financial Crime Detection
NICE Actimize, a financial crime management vendor, has launched X-Sight, a machine-learning, cloud-based “platform-as-a-service” that is intended to help Ops teams run better quality investigations of suspicious activity, officials say. X-Sight uses artificial intelligence capabilities for detection, decision-making and investigations management, vendor officials say. “NICE Actimize’s X-Sight opens doors that traditionally were more challenging due… Read More >>
SS&C Aims Singularity at Industry-Wide Ops Problems
SS&C Technologies has been quietly laying the groundwork for a single-platform initiative, dubbed Singularity, that will target investment operations and accounting. While the effort has had a soft launch this year, a more formal debut is slated for next year. “We’ve done a soft launch selling it to specific customers where it’s a good fit…. Read More >>
Broadridge Jolts Asset Servicing via New Service
Broadridge Launches Asset Servicing Solution at SIBOS Broadridge Financial Solutions is debuting at SIBOS in Sydney Australia a cloud-based processing solution that addresses the challenges with end-to-end asset servicing, officials say. The solution targets the “industry, business and operational challenges” that are part of global asset servicing, say Broadridge officials. Global A-list banks have been… Read More >>
DTCC Partners with Symphony for DXM Service
Symphony to Enhance DTCC Exception Manager Service The New York City-based Depository Trust & Clearing Corp. (DTCC), a post-trade market infrastructure provider for the financial services industry, reports that it has signed an agreement with Symphony, a cloud-based messaging and collaboration platform. The agreement “significantly expands communication and collaboration capabilities within the DTCC Exception Manager… Read More >>
