News Centre

DIFC: Innovations In Identity In Financial Services

Date 25/10/2017

In financial services, identity defines and permits the relationship between providers and clients. Financial institutions need to know they are lending to genuine, legal and reliable customers, and customers must be able to trust financial providers to protect them from financial crimes. Yet identification and authorisation are not easy in practice. Many citizens in the Middle East, Africa and South Asia (MEASA) region lack standard identification documents such as passports, or the credit data needed to secure loans. However, technological innovations are presenting new opportunities to collect, validate and store client information that are driving efficiencies and reducing costs for financial institutions.

Symbiont Joins Wall Street Blockchain Alliance As Corporate Member

Date 25/10/2017

The Wall Street Blockchain Alliance (WSBA), is pleased to announce that Symbiont, a leading smart contracts platform for institutional applications of blockchain technology, has joined the non-profit trade association as a corporate member. The addition of Symbiont to the WSBA reflects the ever increasing need for blockchain knowledge and expertise across multiple segments and disciplines of financial markets.

Oslo Børs VPS Holding 3rd Quarter 2017

Date 25/10/2017

Oslo Børs VPS Holding reports a profit of NOK 80 million for the third quarter of 2017 (NOK 66 million) and a profit of NOK 281 million (NOK 196 million) for the first nine months of the year.

SGX Reports 1Q FY2018 Net Profit Of S$91 Million

Date 25/10/2017

1Q FY2018 Financial Summary

• Revenue: S$204 million, up 7% from a year earlier
• Operating profit: S$106 million, up 9%
• Net profit: S$91 million, up 9%
• Earnings per share: 8.5 cents, up 9%
• Interim dividend per share: 5 cents, unchanged

Dubai Financial Services Authority To Co-Host 2nd Annual FinTech Summit

Date 25/10/2017

The Dubai Financial Services Authority (DFSA) is delighted to co-host the 2nd Annual FinTech Summit with Naseba a business facilitation company at Park Hyatt Dubai, on October 30. The summit will provide a platform for the region’s Banking, Financial Services and Insurance (BFSI) decision makers to discuss and evaluate the latest developments in FinTech.

Solactive Launches Emerging Markets Consumer Technology Index Used As The Basis For KraneShares Emerging Markets Consumer Technology Index ETF (Ticker KEMQ)

Date 25/10/2017

Solactive is excited to announce the release of the Solactive Emerging Markets Consumer Technology Index used as the reference index for the KraneShares Emerging Markets Consumer Technology Index ETF (Ticker KEMQ) trading on the NYSE Arca. The Index selects companies from 26 eligible countries within emerging markets whose primary business is internet retail, payment processing, software for internet and E-Commerce transactions, among others.

Nasdaq Reports Third Quarter 2017 Results; Delivers Strong Profitability And Income Growth

Date 25/10/2017

• Net revenues were a record $607 million in the third quarter of 2017, an increase of 4% compared to the third quarter of 2016.  Subscription and recurring revenues, which includes revenues from our Corporate Services, Information Services and Market Technology segments, as well as our Trade Management Services business, increased 5% compared to prior year period and represented 76% of total net revenues in the third quarter of 2017.
• GAAP operating margin increased to 43% in the third quarter of 2017, up from 40% in the third quarter of 2016 while non-GAAP operating margin2 rose to 48% in the third quarter of 2017, up from 46% in the third quarter of 2016. 
• Third quarter 2017 GAAP diluted EPS was $1.01, while non-GAAP diluted EPS was $1.06, both including a positive $0.04 per share impact from changes in share-based tax accounting.3  Compared to the third quarter of 2016, GAAP diluted EPS increased $0.24, or 31%, while non-GAAP diluted EPS increased $0.15, or 16%.
• Through the first nine months of 2017, the company has returned $355 million to shareholders, which includes $180 million in dividends and $175 million in share repurchases.

Hellenic Bank To Transform Payments Platform With Fiserv - Dovetail Payment Solution Selected By The Bank Supports SWIFT, Target2, And SEPA Credit Transfers

Date 25/10/2017

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that one of the Mediterranean region's most innovative banks, Hellenic Bank, has selected Fiserv to help further the bank's digital transformation through a new payments platform.

Horizon Software Joins The QuantHouse qh API Ecosystem For End-To-End Performance And Global Reach - To Enable Traders To Test And Fine-Tune Their Algo Strategies Using Accurate Data With Precise Timestamps

Date 25/10/2017

QuantHouse, the independent global leader of end-to-end high performance market data and trading API based technologies, today announced that Horizon Software, the leading provider of electronic trading solutions and algorithmic technology, has joined the qh API Ecosystem to benefit from global reach and end-to-end performance.

Bursa Malaysia’s 9M2017 Profit After Tax And Minority Interest Up 17.0% YoY To RM167.8 Million

Date 25/10/2017