Accounting

CGI highlights financial services organisations are not prioritising SEPA compliance, with mobile and payments ranking as most important in European payments survey

The fifth State of the European Payments Marketplace survey sponsored by CGI and Euro Banking Association (EBA), with over 420 participants from 47 countries, indicates a worrying lack of preparedness by corporates to the looming Single European Payments Area (SEPA) end date of 1 February 2014. Instead, the results show that mobile and real-time payments tops the priority list due to their highest growth potential. A vast 98% believe mobile commerce is currently a priority or

Eleven French institutional investors choose Linedata Chorus

Linedata Chorus, a software solution dedicated to the administrative and accounting management of institutional and collective portfolios, has eleven new customers in the French institutional investor market.

The Way Forward For SMSF

The last six months has seen an extraordinary level of take-over activity in the Self Managed Super Fund (SMSF) administration space. With even the largest of SMSF administration firms holding less than two per cent of the overall market, the potential for consolidation has become an increasingly hot topic among industry insiders, and many have begun to believe that a large-scale wave of consolidation is now overdue...

Posted by: David Barrett, Principal Consultant,Bravura Solutions

Reval Says IASB’s Change to Flawed IFRS 9 Language is Corporate Win, but Complicates Accounting for FX Hedges

A solution presented this week as an alternative to flawed language in a section of The International Accounting Standards Board’s IFRS 9 amendment on hedge accounting is a win for corporates, but further complicates accounting for foreign exchange hedges, says Reval, a leading global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions...

Broadridge’s Broker Client Accounting Solution Accelerates Speed-to-Market and Processing Efficiencies for CIMB Group in Australia

Broadridge Financial Solutions, Inc. (NYSE:BR) announced that CIMB Securities Australia (Pty) Ltd in Sydney, Australia, has gone live with Broadridge’s broker client accounting solution, SUMMIT, for its Australian investment banking business...

Advent Receives Highest Standing in the 2012 Service Provider Rankings by Hedge Funds Review

Advent Software, Inc. (NASDAQ: ADVS) has been recognized by readers of Hedge Funds Review, a leading global hedge fund magazine, as the number one technology provider for accounting and reporting in the 2012 Service Provider Rankings. The rankings are based on results from a Hedge Funds Review readership survey of hedge fund managers, fund of hedge funds managers and investors to rate service providers to the industry...

Southern Trust Selects Accenture to Support Growth Initiatives

Accenture (NYSE: ACN) announced that Southern Trust has selected Accenture Duck Creek Policy Administration and Billing software as its core commercial lines rating, policy processing and billing system. The software suite will enable Southern Trust to more efficiently and profitably manage their current book of business, along with positioning them for growth. Southern Trust writes commercial lines in Georgia, South Carolina and Tennessee...

Pendo Systems To Compete for Global Innovator Award at SIBOS Innotribe Startup Challenge Showcase

Following up its first place showing at SWIFT’s Innotribe Startup Challenge Regional Showcase in Singapore last April, Pendo Systems, is off to compete for the title of global “Top Innovator” at SIBOS in Osaka, Japan.