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QA Financial Forum: Milano 2019

23 January, 2019
News and research on financial software quality assurance and risk management

Accenture Acquires Assets from Banking Software Platform Zafin

13 December 2018
Accenture has acquired selected assets of the Zafin platfrom, which enables financial firms to upgrade legacy systems.

ICO to Help Businesses Prepare for Data Disruption in Case of No-Deal Brexit

14 December 2018
The Information Commissioner’s Office and the government will be providing guidance for UK businesses and SMEs, in particular, on how to prepare for a potential no-deal Brexit.

Quali Raises $22.5 Million in Series C Funding Round

14 December 2018
Quali, a provider of a Saas platform that delivers environments-as-a-service for cloud and DevOps automation, raised $22.5 million in Series C funding.

Revolut Wins European Banking License

13 December 2018
Financial management startup Revolut has been granted a European banking licence by the Bank of Lithuania.

EU Legislators Delay FRTB Capital Requirements, Reporting Charges Remain

12 December 2018
EU legislators have agreed to strip out revamped capital charges for market risk from the Fundamental Review of the Trading Book (FRTB) legislation, introducing only a reporting requirement initially.

Swift CEO Steps Down After Era of Tech Disrupting Global Banking

12 December 2018
Gottfried Leibbrandt will step down next June from Swift, the cross-border payment system.

Edge Testing Solutions Launches Cybersecurity Division

12 December 2018
UK-based software testing specialist Edge Testing Solutions has begun offering its UK clients services through a new security division.

Video Blog: The TSB debacle and Its Lessons for 2019

12 December 2018

Accenture Acquires Australian Oracle Cloud Service Integrator

11 December 2018
Accenture has acquired PrimeQ in its latest bid to boost its Oracle Cloud service offer.

Mastercard Partners with Cardstream to Accelerate UK Adoption of Digital Services

11 December 2018
Cardstream will provide API integrations for Mastercard’s Secure Remote Commerce (SRC)-ready Masterpass V7 wallet and its “Pay by Bank app”.

HCL Technologies Inks Deal with Dutch Asset Management Company

11 December 2018
Service integrator HCL Technologies has struck a five-year digital transformation deal with asset management firm Aegon.

Equifax Failed to Match Security to Its Growth, Report Says

11 December 2018
Equifax Inc. failed to modernize its technology security to match the company’s aggressive growth strategy and data gathering, according to a House Oversight Committee report.

Sopra Steria Extends Cloud Contract with UK’s Financial Conduct Authority

10 December 2018

Mizuho Bank London Selects Orchestrade to Unite Risk and Trade Data

7 December 2018
Mizuho Bank London has gone live with the Orchestrade system for consolidated risk management across a broad range of asset classes, provided by trading, risk and operations technology specialist Orchestrade.

HCL Drops Most in Seven Weeks on $1.8 Billion IBM-Asset Buy

7 December 2018

OCC Warns Again on IT Concentration Risk

6 December 2018
US bank says use of third-party service providers is increasing, vigilance required

Applitools Launches AI-Powered Root Cause Analysis Feature

6 December 2018
The new feature analyses the underlying CSS and DOM code to discover the root cause of unexpected changes to the UI.

Basel Committee: Financial Sector Lagging on Cyber Response and Recovery Plans

6 December 2018
The Basel Committee on Banking Supervision has turned its focus onto operational resilience, publishing a report on cyber resilience practices across jurisdictions.

Accenture Buys Out Majority Stake in Italian Banking Tech Firm

4 December 2018
Management and IT consultancy Accenture has acquired a majority stake in Italian banking technology firm SEC Servizi Spa.

Broadcom to Outsource Some CA Technologies Work to HCL Tech

4 December 2018
Broadcom has selected HCL Technologies as the services partner for its enterprise software products, one of the two primary business units of CA Technologies, an enterprise software company that the chipmaker bought earlier this year for $19 billion.

Lloyds Bank Deepens IBM Relationship, Selects Thought Machine For Core Banking

4 December 2018
Lloyds Bank is exploring the use of a cloud-based core banking platform developed by UK fintech Thought Machine.

BearingPoint’s Regulatory Compliance Unit Teams Up With IBM

4 December 2018
BearingPoint’s RegTech product unit has formed a partnership with IBM Services to address the needs of SMEs.

Eggplant Updates Performance Testing Suite to Include “One-Click” Testing

3 December 2018
Eggplant has released a new version of Eggplant Performancе, introducing new features such as “one-click” performance testing.

Code Dx Rolls Out Metric Visualisation Feature for Security Testing

3 December 2018
Software vulnerability specialist Code Dx, has released a new version of its security tool Code Dx Enterprise.

Cloud Core Banking Start-Up Ohpen Launches API Portal

3 December 2018
Ohpen, a cloud-based core banking start-up, has launched a beta version of its new API portal

Tech Mahindra Partners with H2O.ai on Data Science and AI Capabilities

3 December 2018
Indian IT consultancy Tech Mahindra has teamed up with open-source AI specialist H2O.ai to establish a Centre of Excellence providing Artificial Intelligence (AI) and Machine Learning solutions to enterprise customers.

Mastercard Teams Up with Microsoft on Digital Identity Project

3 December 2018
Mastercard and Microsoft have launched a partnership to tackle digital identity verification, in an effort to do away with passwords as a means for securing digital accounts.

Commerzbank Sets Up Innovation Lab, Focused on IoT, Distributed Ledgers

30 November 2018
The lab will focus on developing market-ready solutions and collaborate with the Frauhofer Institute on a digitisation framework.

API Integrator OpenLegacy Raises $30M In Funding Round

30 November 2018
Tel Aviv-based OpenLegacy has received $30 million in a funding round led by CommerzVentures.

Docker Rolls Out New Features with Enterprise 2.1 Release

30 November 2018
The enhancements made to in this version are aimed largely at organisations in highly regulated industries, such as finance.

Banco Santander Digital Arm Openbank Migrates to AWS

29 November 2018
Banco Santander’s digital arm Openbank has completed its cloud migration, opting for a single-cloud model with Amazon Web Services.

Software AG Launches Cloud Development, Testing and Deployment Platform

29 November 2018
German enterprise software vendor Software AG launched its cloud platform for enterprise software building, testing and deployment at AWS re:Invent.

Amazon to Sell Satellite Data Service to Ease Transfer to Cloud

28 November 2018
Amazon.com Inc.’s cloud-computing unit will offer a service the company said will make it easier to download data from satellites and get it into the cloud. 

CI/CD Platform Drone.io Makes Open-Source Appeal

28 November 2018
Drone.io, the start-up behind the eponymous CI/CD platform, is reaching out to the open-source community with the release of a hosted service solution.

Mizuho to Develop “Smartphone Bank” alongside Chat App Company LINE

28 November 2018
Mizuho Financial Group has entered into a joint venture agreement with Line to establish a new smartphone-based bank in Japan.

HPE to Start Recouping $4 Billion Edge Investment in Two Years

27 November 2018
Hewlett Packard Enterprise Co., which makes server computers, will begin to reap returns from its largest current investment before the end of a four-year commitment, Chief Executive Officer Antonio Neri said.

FCA Outlines Guidelines for Tackling Technology Risk in Financial Firms

27 November 2018

What’s the Key to a Successful Automation Programme?

27 November 2018

Mindtree to Reshape Strategy Around Business Subscriptions

27 November 2018
IT and outsourcing provider Mindtree is sharpening its focus on AI and software solutions that it can provide to users on a subscription basis.

UK Treasury Committee Opens Inquiry Into Financial Sector IT Failures

27 November 2018
The UK Treasury Committee is investigating the causes and consequences behind IT outages at banks and financial firms.

Selenium Grid Specialist Element34 Adds Exploratory Testing

22 November 2018
The addition of manual exploratory testing is intended to cater to developers and manual testers.

Singapore Launches Cloud Education and Funding Initiative for SMEs

22 November 2018
Singapore has unveiled a new capability development programme to help SMEs build cloud-native applications.

Microsoft Finds Itself in Favor as Stock Rout Punishes FAANGs

21 November 2018
The software giant’s enterprise-oriented business is being rewarded by investors in search of stability while fears about slowing revenue growth have weighed on consumer-focused companies such as Apple Inc. and Amazon.com Inc.

US Department of Commerce Proposes Restrictions for AI Software Sales to Certain Countries

21 November 2018
A new proposal by the US Department of Commerce is looking for ways to regulate artificial intelligence software, to prevent other countries from using AI technology against it.

SAP Acquires RPA Specialist Contextor to Boost Intelligent Automation Offer

21 November 2018
Business software firm SAP announced Monday that it had acquired French automation specialist Contextor SAS.

Microsoft Responds to Blockchain Buzz with New Azure Software Development Kit

21 November 2018
As part of its appeal to enterprise software teams, Microsoft has launched the Azure Blockchain Development Kit.

Turning Quality Assurance into a Profit Centre with AI

20 November 2018

Finnish Software Maker Basware Confirms Approach From Tradeshift

20 November 2018
Finnish software maker Basware confirmed the unsolicited takeover approach it received was from payment-technology startup Tradeshift Holdings Inc.

Tricentis Partners with MSG Systems to Offer Tosca Integration and Support

20 November 2018
The two companies have teamed up to provide As-a-Service Tosca testing to Tricentis clients.

Smartbear Adds Smart Scheduling Feature to CrossBrowserTesting

20 November 2018
Software quality assurance specialist Smartbear has added a new scheduling feature to CrossBrowserTesting, its UI web testing platform, enabling users to create and choose a reoccurring schedule for automated and visual testing.

Sopra Steria Extends Cloud Software Contract with FCA

20 November 2018
Software integrator Sopra Steria has signed a new contract with the UK Financial Conduct Authority (FCA), following shrinking sales of banking software.

Britain’s Critical National Infrastructure Vulnerable to Cyber-Attacks, Report Claims

20 November 2018
A report by the UK parliamentary Committee for on the National Secuirity Strategy has published a report casting doubt over the public and private sector’s ability to overcome cyber-attacks.

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