banking

Ex-Barclays CEO Jenkins Bags $46 Million for His Fintech Startup

Now Jenkins has the opportunity to practice what he preaches. Today his fintech startup, 10X Future Technologies Ltd., announced it has raised 34 million pounds ($46 million) in a Series A round led by Ping An Insurance (Group) Company of China Ltd., a financial services firm in Shenzhen, and Oliver Wyman, a consulting firm owned »

SQS results for H1 hit by banking client loss

SQS results for H1 hit by banking client loss

SQS, the Cologne and London-listed software testing service provider, revealed on September 13 that the loss of a major banking client had contributed to the a decrease in revenues for the first half of 2017. The lost contract was worth €7.0m, SQS said, leading to a like-for-like revenue decrease of 3.9% to €160.1m, compared to »

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 »

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 »

Announcing the QA Financial European Software and App Awards for 2017

Announcing the QA Financial European Software and App Awards for 2017

We are delighted to announce the winners of our 2017 European Software and App Awards. In each case, they have demonstrated innovation and excellence in response to the key challenges facing financial firms: increasing competition, increasing regulation and the increasing complexity and scale of technology requirements. THE WINNERS (Click for links to articles) Overall winner: »

Quality assurance and testing provider of the year & functional testing provider of the year — Tricentis

Quality assurance and testing provider of the year & functional testing provider of the year — Tricentis

Automation is the dominant theme in software quality assurance. Every financial firm wants to make that transition, and Tricentis — the winner of QA Financial’s top award — has become established as the market-leading scriptless automation technology with its core Tosca product. We interviewed leading customer firms Julius Baer, Deutsche Börse and Vantiv, along with »

Non-functional testing provider of the year — Exactpro

Non-functional testing provider of the year — Exactpro

Latency standards for exchange and arbitrage trading are now measured in microseconds. Non-functional testing for the stress points is a critical challenge. Exactpro, owned by the London Stock Exchange (LSEG), has quickly become established as an industry leader. Beyond the LSEG, Exactpro’s clients include Tradition, the leading inter-dealer broker and derivatives specialist. What these clie... »

Testing transformation project of the year — UST Global

Schroders, the £400 billion investment manager, chose UST to drive its Agile programme forward. It’s a project that illustrates how improved quality assurance and faster app delivery can help major financial firms compete with market disrupters on their own terms. For Melinda Chapple, the Singapore-based head of Schroders’ global quality assurance practice, Agile software development »

Vendor risk management provider of the year — CAST

New York-based, but founded by Frenchman Vincent Delaroche and quoted on the Euronext Exchange in Paris, CAST has established itself as the leader in the field of benchmarking the quality of software code. Around 10% of financial firms are using some sort of standard for benchmarking the quality of their code, reckons Lev Lesokhin, marketing »

Crowd testing provider of the year — Applause

Crowd testing provider of the year — Applause

Applause, the Boston-based firm that specialises in crowd testing, teamed up with Santander to develop a mobile app for the Spanish market that will be fit for purpose in a new era of open banking. The success of Applause is based on the expertise of the many manual testers that it brings to the table »

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