The assets and liabilities of IQ Financial Systems (IQFS), a majority held subsidiary of Deutsche Bank, has been acquired by Misys for $40m in cash. The acquisition extends Misys’ penetration in the commercial lending segment of the banking software market through IQFS’s LOAN IQ product – which manages the lifecycle of a loan. Misys expects to build upon IQFS’s position in the North American market whilst achieving further penetration into the European and Asia Pacific markets. The purchase was funded from Misys’ existing resources. IQFS will be integrated into Misys Wholesale Banking Systems. The CEO and President of IQFS, Edward Ho, will be among more than 100 staff transferring to Misys.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more