(Editor’s note: Silicon Valley-based Hearsay Systems recently appointed financial services compliance veteran Iain Duke-Richardet as compliance strategy principal. Duke-Richardet’s mandate at Hearsay includes advising the vendor’s 100+ global financial services clients about the changing regulatory landscape. He will also be helping Hearsay’s product teams “to address new complexities as a strategic advantage to firms’ digital… Read More >>
ISITC to Scrutinize Disruptive IT at Spring Summit
David Scola, head of North America for the SWIFT financial messaging and services cooperative, will dive into the impacts of disruptive technologies such as open application programming interfaces (APIs), distributed ledger technology (DLT), artificial intelligence and machine learning at ISITC’s 25th Annual Securities Operations Summit later this month in Boston. Scola is serving as moderator… Read More >>
New SmartStream RDU CEO to Push Ops Utility
SmartStream has found a true believer in the industry utility concept and has made industry veteran Peter Moss the next CEO of the SmartStream Reference Data Utility (RDU). The RDU is a managed service that delivers reference data for regulatory reporting, trade processing and risk management operations in a supposedly more cost-effective utility approach, officials… Read More >>
SWIFT Confirms Ongoing Cyber-Attacks Upon Clients
SWIFT officials confirm that they have uncovered new cases of “input fraud” via hackers attempting to harm member/customers of the financial messaging and services cooperative. The cooperative has not revealed the identity of the financial services firms that were most recently harmed or the amounts of money involved. In response to questions from FTF News,… Read More >>
SWIFT Gets on the Blockchain Proof-of-Concept Bus
Financial messaging and services cooperative SWIFT is providing more details about its R&D efforts, including proof of concept efforts, for blockchain/distributed ledger technology (DLT) in a white paper it just completed with global consultancy Accenture The two have combined efforts for a position paper, “SWIFT on Distributed Ledger Technologies: Delivering an Industry Standard Platform through… Read More >>
SWIFT Survey Finds Jump in Corporate Actions Projects
A joint survey of 117 organizations conducted by financial messaging cooperative SWIFT and specialist consultancy CityIQ finds that the investment in automation tools for corporate actions processing has grown since the last survey in 2012 because firms have to cope with increases in volume and client demands, and need to cut costs while improving the… Read More >>
Chris Church to Leave as SWIFT Shuffles Execs
SWIFT reports senior management changes, including the exit of Chris Church as SWIFT’s chief executive of the Americas and global head of securities, that the member-owned financial messaging cooperative says will better enable it to execute its recently approved 2020 strategy. The staff changes, which take effect on September 1, are: Christian Sarafidis, currently head… Read More >>
ICG in Guatemela to Use Intix Message Warehouse
Officials at Intix, a Belgium-based provider of financial industry solutions, report an agreement with Imágenes Computarizadas de Guatemala (ICG) to furnish its message warehouse solution to ICG and its four major banks. ICG is a private non-profit, headquartered in Guatemala, that “provides software applications and technology services for the checks clearinghouse, ACH [automated clearing house] and SWIFT… Read More >>
Volante Broadens Designer Platform’s Support
Financial messaging and data integration vendor Volante Technologies has upgraded its Volante Designer solution, a messaging integration platform, to help firms respond to the ongoing challenge of accommodating multiple types of messaging, industry protocols and Open Source initiatives. The latest release, Volante Designer 5.1, features support for extract, transform and load (ETL) functions to process… Read More >>
Volante Hires Senior Execs, Opens Offices
Volante Technologies Inc., a provider of financial data messaging integration, validation and processing tools, reports the appointments of Nadish Lad as head of payments product and Peter McKenna as global marketing director, as well as the addition of new development and testing staff and the opening of new offices, in Jersey City, N.J., and Hyderabad,… Read More >>
