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Standard Bank selects Eagle as enterprise technology platform

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that Standard Bank South Africa, will implement Eagle's accounting and enterprise data management solutions across its Private Clients business. The technology solutions will be hosted on Eagle ACCESSSM, Eagle's secure private cloud.

Square integrates with Intuit QuickBooks

/Accounting

Square integrates with Intuit QuickBooks

Intuit has moved to make it easier for small businesses to import their transactions from Square point-of-sale products into its QuickBooks accounting software.

Ribbit Capital raises $100m for financial innovation fund

/Accounting

Ribbit Capital raises $100m for financial innovation fund

Ribbit Capital, a new Silicon Valley-based venture capital fund focused purely on investing in innovative, tech-led financial services firms, has launched after closing its own $100 million fund.

DoJ probes Autonomy accounting claims

/Accounting

DoJ probes Autonomy accounting claims

Hewlett-Packard says that the US Department of Justice is investigating its allegations of accounting fraud at Autonomy, the UK software house it acquired in 2011.

Cloud-based payments start-up targeting SMBs launches

/Accounting

Cloud-based payments start-up targeting SMBs launches

MineralTree, a US start-up providing cloud-based payment services specifically designed for small and medium businesses, has formally launched after securing $1.5 million in funding.

Diebold pays $25m over accounting fraud charges

/Accounting

Diebold pays $25m over accounting fraud charges

ATM manufacturer Diebold has agreed to pay $25 million to settle Securities and Exchange Commission charges of fraudulent accounting designed to inflate earnings.

Calypso signs Denmark's Bankernes EDB Central

/Accounting

Calypso signs Denmark's Bankernes EDB Central

Bankernes EDB Central (BEC), an IT provider owned by a consortium of Danish banks, has signed for trading and risk management technology from Calypso.

Finextra launches Innovation Showcase

/Accounting

Finextra launches Innovation Showcase

Finextra has launched the Innovation Showcase, a new feature on Finextra.com highlighting the most innovative financial technology developments over the past 12 months. Across a broad range of categories it showcases technologies that demonstrate uniqueness and impact, clever ways of solving a problem and projects at the leading edge of new industry trends.

Northern Trust chooses Bravura platform for move into Australia

/Accounting

Northern Trust chooses Bravura platform for move into Australia

US custodian Northern Trust has selected technology from Bravura Solutions to support its move into the Australian superannuation investment accounting market.

Australia's GBST to acquire Coexis

/Accounting

Australia's GBST to acquire Coexis

Australian financial software house GBST is to acquire London-based securities tech firm Coexis. Financial terms of the deal were not disclosed.

Citibank chairman tells Sibos: "The worst may be yet to come"

/Accounting

Citibank chairman tells Sibos: "The worst may be yet to come"

On the day that the investment banking industry lurched closer to disaster following announcements from Wall Street, Bill Rhodes, Citibank chairman, told Sibos delegates that the worst could be yet to come, adding that "we are currently in the eye of the storm".

Nyse Euronext introduces online valuation service

/Accounting

Nyse Euronext introduces online valuation service

Nyse Euronext has launched Prime Source, a Web-based service that enables asset managers to access resources for the daily valuation of large, global portfolios of complex structured products and illiquid securities.

Advent Software reports Bear Stearns deal

/Accounting

Advent Software reports Bear Stearns deal

US investment bank Bear Stearns is rolling out Advent Software's portfolio management and fund accounting platform Geneva across its prime brokerage operations.

Deutsche Bank acquires hedge fund administrator HedgeWorks

/Accounting

Deutsche Bank acquires hedge fund administrator HedgeWorks

Deutsche Bank has acquired HegeWorks, a California-based provider of hedge fund administration services. Financial terms of the deal were not disclosed.

Germany's Helaba signs for SimCorp Dimension

/Accounting

Germany's Helaba signs for SimCorp Dimension

Danish fintech vendor SimCorp has signed Germany's Landesbank Hessen-Thüringen Girozentrale (Helaba) to its investment management platform, Dimension.

SunGard signs Beirut-based BankMed to BancWare

/Accounting

SunGard signs Beirut-based BankMed to BancWare

Beirut-based BankMed has selected SunGard's BancWare technology for profitability analysis, asset/liability management (ALM) and funds transfer pricing.

Cameron Stockbrokers live with Broadridge's Summit

/Accounting

Cameron Stockbrokers live with Broadridge's Summit

Australia's Cameron Stockbrokers has implemented the Summit broker client accounting system from Broadridge Financial Solutions to automate its equities brokerage processing operations.

Sage buys treasury management specialist XRT

/Accounting

Sage buys treasury management specialist XRT

UK accounting software firm Sage has acquired a 70% stake in XRT, a Paris-based provider of cash and treasury management software, for £30 million.

DSTi buys Mosiki Development

/Accounting

DSTi buys Mosiki Development

Investment management vendor DST International (DSTi) has acquired Mosiki Development, a Boston-based consulting and software firm specialising in financial services technology. Financial terms of the deal were not disclosed.

Erste Bank licenses SimCorp Dimension

/Accounting

Erste Bank licenses SimCorp Dimension

Danish fintech vendor SimCorp has signed Austria's Erste Bank to its flagship investment management platform, Dimension.

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