News & Features

HCL Technologies buys Datawave, UK-based data management platform

HCL Technologies, the multinational IT services company based in India, has acquired UK-based data management platform, Datawave, for around £7 million, it said. Datawave, formerly known as ETL Factory, enables users to execute large-scale and complex data-integration and data-migration projects by creating a data automation platform. Anand Birje, vice president and head of digital and »

Deutsche Börse, Illuminate invest $5 million in startup RegTek.Solutions

Illuminate Financial Management and Deutsche Börse together have provided RegTek.Solutions, a provider and specialist in global regulatory compliance software for trade and transaction reporting, with a US$5 million Series A funding round investment. New York-based startup RegTek.Solutions was launched earlier this year by Risk Focus a risk and regulatory services firm. It markets compliance softw... »

Deutsche Bank Bows to Inevitable as IPhone Supplants BlackBerry

A Deutsche Bank spokesman confirmed that the lender is phasing out the devices, without commenting further. The company’s employees were increasingly giving up their BlackBerry phones in favor of ones they’d bought themselves under a Bring-Your-Own-Device policy, according to two people briefed on the matter. Some clients had made fun of the bank for still »

Banks Look to Step Up Employee Surveillance After Latest Scandal

Banks Look to Step Up Employee Surveillance After Latest Scandal

Lenders asked International Business Machines Corp. if it were possible to use the technology to also watch retail-banking salespeople, loan officers and other workers, according to Marc Andrews, a manager on the company’s Watson financial services team. Several of the biggest U.S. banks, as well as some regional banks, are testing the software, Andrews said. »

Cigniti hires former Infosys veteran

Srinath Batni, formerly the head of delivery excellence at Infosys, the leading software integrator, has joined test services vendor Cigniti Technologies as an independent director. Cigniti chairman and managing director, C V Subramanyam said that Batni’s expertise will be a boost to Cigniti’s plans to become: “The world’s largest and most respected independent software testing »

The next step for House of Fraser: win control of test automation

The next step for House of Fraser: win control of test automation

Prior to its major investment in its new E-commerce platform, starting in 2016, House of Fraser faced similar challenges to many other major retailers. The Chinese-owned company found that change was slow, partly because it did not have the in-house resources to maintain control of its own software development and quality assurance processes. House of »

Implementation Of MiFID II Testing Requirements

Implementation Of MiFID II Testing Requirements

Article by Matthias Burghardt, Head of Xitaro Exchange System Development, Boerse Stuttgart Boerse Stuttgart is approaching the last quarter of a two-year Markets in Financial Instruments Directive (MiFID) II project which is dominated by development and testing activities. MiFID II requires trading venues and investment firms to implement substantial changes in existing processes and technology. »

Applause acquired by Vista Equity Partners

Applause, the Boston-based crowd testing specialist, has been acquired by Vista Equity Partners an investment firm focused on software, data and technology-enabled businesses. With Vista’s backing, Applause will accelerate its growth in the marketplace for digital testing said Doron Reuveni, President and CEO of Applause. “Our human-centric approach to software design and quality has b... »

Infosys Founders Are Said to Plot Board Coup to Take Control

The group aims to install co-founder Nandan Nilekani as chairman and engineer the exit of Chairman R Seshasayee along with some other directors, said the people, asking not to be identified because the talks are private. Murthy’s group is pushing for board members to begin stepping aside in the next few days, said one of »

London Maintains Lead in Private Data Plumbing Ahead of Brexit

The U.K. capital currently has an installed bandwidth of 159 terabytes per second, a figure that exceeds any other European city and is greater than the capacities in either New York or Silicon Valley, according to a new report from Equinix Inc., a U.S. company specializing in data centers that host many of these private »

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