SocietyOne

Wall Street | March 03, 2020

U.S. stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off the economic impact of the coronavirus outbreak and halt the worst sell-off in more than a decade. It was the Federal Reserve’s first emergency rate cut since the 2008 financial crisis, underscoring how grave the central bank views the fast-evolving situation. Stocks initially jumped more than 1% on the news, but gains soon petered out as analysts a...

Fenergo | June 18, 2020

Fenergo announces the launch of Fen-Xcelerate, a lower cost, cloud-based version of Fenergo's CLM solution. The cloud-based solution, powered by Amazon Web Services (AWS), delivers frictionless, end-to-end customer journeys and client lifecycle manageme...

CORE BANKING

Volante, Citi | January 19, 2021

Volante Technologies, the global pioneer in cloud payments and financial messaging, and Citi Treasury and Trade Solutions (Citi) are developing their longstanding relationship to quicken the bank's appropriation of the ISO 20022 financial messaging standard across its global payments operations. Because of this joint effort, Citi will be the principal Volante client to offer a brought together way to deal with ISO 20022 migration across the globe. Citi will be building its cor...

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 ...