financial services

Leadership Insight: Justin Teague, CEO, SmartBear Software

Leadership Insight: Justin Teague, CEO, SmartBear Software

At the end 2017, SmartBear Software, the Boston-based provider of software quality tools, will be wrapping up a busy year. As well as opening new APAC headquarters in Melbourne in July, the company welcomed Francisco Partners as its majority shareholders in May, who acquired its stake for a reported $410 million. The 2017 acquisition was »

Danske Bank’s wealth management robot now has 11,500 clients

Copenhagen-based financial firm Danske Bank has revealed that 11,500 new clients are now using an investment service provided by a robot. The robot is called June and targets retail clients and small businesses that normally would not have the resources to work out what to do with their surplus cash. Customers encountering June for the »

Barclays and Nationwide to take part in third phase of FCA’s regulatory sandbox

The FCA has announced the names of the firms that will be taking part in the third phase of its regulatory sandbox. The FCA received 61 submissions for this phase, with 18 applications meeting the sandbox eligibility criteria. Barclays bank came forward with a regtech proposition to track updates to regulations within the FCA Handbook »

UST Global partners with continuous testing firm Tricentis

UST Global, a digital technology services company headquartered in California, has announced its partnership with Tricentis, the Vienna-based continuous testing company specialised in developing enterprise software testing tools. The partnership will extend software test automation services to UST Global’s Fortune 500 customers by leveraging the Tricentis’ model-based testing platform,... »

UBS seeks to expand workforce in artificial intelligence

UBS, the Swiss global financial service company, is expanding its workforce in artificial intelligence. AI refers to technology capable of performing tasks that normally require human intelligence. Last year, UBS rolled out a “robo-advisor” that uses algorithms to help customers build and manage portfolios with little or no human interaction. AI technology is also being »

Capital One announces release of container orchestration platform

Earlier this week, Capital One Financial Corp. announced the beta release of Critical Stack, a container orchestration platform. The platform has been built by Massachusetts-based Critical Stack Inc, a computer and network security specialist acquired by the bank in 2016, and is compatible with open source container management systems. According to Capital One, the platform »

Leadership insight: Anand Moorthy, Capgemini

Leadership insight: Anand Moorthy, Capgemini

Since its formation in 1967 by the Serge Kampf, Capgemini has completed over 40 acquisitions, expanded into over 50 countries, and has over 190,000 employees. In 2016, the group reported revenues of EUR12.5 billion, with digital and cloud offerings (including testing solutions) accounting for 30% of this total. Capgemini’s testing practice comprises over 30,000 individuals, »

Wall Street banks complete blockchain test programme

The prospect of blockchain technology playing a key role in financial services moved a step closer to reality earlier this week after banks including Goldman Sachs and JPMorgan successfully completed a six-month test programme in the $2.8 trillion equity swaps market. The programme was managed by New York-based blockchain start-up Axoni, and used its AxCore »

Financial services at higher risk of software security breaches, CAST report finds

Last week, CAST, the Paris-based provider of software intelligence, announced in its global benchmarking report on the state of software security that financial services’ existing software is more vulnerable to security breaches compared to that in other sectors. The CRASH Report on Application Security measures software vulnerability by analysing the density of an application’s common »

Perfecto appoints investor Jim Moran, to executive chairman role

Perfecto said Moran’s focus will be to accelerate the company’s growth in quality assurance services. Moran was previously the managing director at North Bridge Venture, a venture capital firm, and Growth Equity Partners, an independent private equity company which invests in growing UK SMEs. Moran supervised investments in early-stage companies, including Paydiant, the cloud-based financial »

Page 1 of 212