(Source: Bloomberg) Alibaba Group Holding Ltd. will buy 33 percent of Ant Financial, helping to clear the way for an initial public offering of the Chinese payments giant. … Ant Financialpaid Alibaba about 2.09 billion yuan ($332 million) in royalty and technology fees in fiscal 2017, up about 86 percent from the previous year, according to a 2017 …
Read more ›LHV Bank will open a branch in the United Kingdom
(Source: GlobeNewswire) The Financial Conduct Authority in the United Kingdom has granted LHV Bank an approval to open a branch in the UK. LHV plans to register … LHV plans to start servicing financial intermediaries by the end of this year. “London has … We have already extended our software development team in Tallinn,” said Andres Kitter.
Read more ›Jedox Launches Next Generation Integrated Planning Software ‘Jedox 7.1’ Featuring New Marketplace
(Source: Markets Insider) Research and advisory firm Gartner predicts that “By 2020, at least 25% of organizations will achieve more collaborative, continuous and consistent financial planning and performance management by closely linking key operational and financial planning processes.”* The newest version of Jedox’s CPM software unites all …
Read more ›GLMX reboots high-tech platform in post-crisis repo environment: Reuters
(Source: PE Hub) GLMX has raised $20 million in financing and updated its high-tech platform for trading repurchase agreements and secured lending to help clients comply with new regulatory reporting requirements, the company said on Thursday. The rise of non-bank institutions marks an evolution in the multitrillion-dollar repo market.
Read more ›Thomson Reuters Releases Comprehensive Tax Reform Resources for Tax and Accounting Professionals
(Source: WebWire () In an environment of U.S. tax reform, using technology is key to successful planning, forecasting, and adjusting course. Thomson Reuters ONESOURCE drives global tax compliance and accounting decision-making with a comprehensive portfolio of corporate technology solutions. Amid these significant changes to the tax …
Read more ›Calero to Showcase Advanced Analytics at Avaya ENGAGE 2018
(Source: PR Web) Calero Software (http://www.calero.com), a leading global provider of Communications Lifecycle Management (CLM) software and managed services including Telecom Expense Management (TEM), Managed Mobility Services (MMS) and Call Accounting solutions, will be exhibiting on-site as a gold sponsor at the Avaya ..
Read more ›PMI acclaiming the benefits of an agile project management approach
(Source: World Finance) While the agile movement accelerated after the creation of the Manifesto for Agile Software Development in 2001, it has been part of project management since its early days. With the publication of the Agile Manifesto, agile practices became more formalised, particularly when used to manage software projects. However …
Read more ›Crypto Finance Meets Regular Finance
(Source: Bloomberg) The core feature of Bitcoin — the technological problem that Satoshi Nakamoto set out to solve — is that you can’t spend Bitcoins that you don’t have. The core feature of finance — the technological problem that bankers have set out to solve for millennia — is that you can spend money that you don’t have. That’s what finance …
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