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Reuters | March 23, 2020
U.S. stocks futures pared losses on Monday after the Federal Reserve launched unprecedented measures to support U.S. households and companies, seeking to blunt the economic damage from the coronavrius pandemic. At 8:03 a.m. ET, Dow e-minis 1YMcv1 were down 233 points, or 1.22%. S&P 500 e-minis EScv1 were down 27.5 points, or 1.2% and Nasdaq 100 e-minis NQcv1 were down 53.5 points, or 0.77%....
FINTECH
Mphasis, Frontline Analysts | February 18, 2021
Mphasis is an Information Technology solutions provider that specializes in cloud and cognitive services. Today Mphasis announced a strategic collaboration with Frontline Analysts Ltd, a company based out of London and Bengaluru. It is a financial analysis company and a leading provider of global analyst teams for the finance industry. The partnership is made for financial institutions to capitalize on digital transformation. This is done by including judgment-based analysis into ...
Citi | February 18, 2020
Citi has become the latest banking giant to take a stake in Contour, the blockchain-based trade finance platform which made its commercial launch last month. Set up by eight banks, including ING, BNP Paribas and HSBC in 2018, Contour has seen its ranks swell over the last two years, with Citi Ventures the latest to invest in the network. Formally known as Voltron, Contour uses R3’s Corda blockchain platform for a global network designed to digitise and modernise the $18 trillion trade fina...
FINANCIAL MANAGEMENT, WEALTH MANAGEMENT
Docupace and Orion Portfolio Solutions | February 20, 2023
One of the leading cloud-based fintech digital operations software companies, Docupace, recently announced its selection by Orion Portfolio Solutions, a transformative technology provider to help advisors grow and thrive as investors. The company selected Docupace to automate workflows for its wealth management platform. The wealth management industry has realized the importance of automating and streamlining processes. In the research conducted by Accenture, it was found that 9...
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