Mphasis, an Information Technology solutions provider specializing in cloud and cognitive services, and the Bitfury Group, the world's leading full-service blockchain technology company, today announced a strategic partnership to bring new levels of automation, transparency and efficiency to the financial services infrastructure that underpins global trade.
Nice Actimize, a Nice (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, and Mphasis, a leading IT services provider with specialized expertise in the governance, risk and compliance sector, have announced that they have joined together in a certified delivery partnership.
Mphasis, a global technology company offering consulting, operations outsourcing and enterprise solutions, has signed a new master services agreement (MSA) with The Royal Bank of Scotland plc (RBS), to provide application management services.
MphasiS, a leading IT services provider, today launched its Insurance Sales Modernization (ISM) solution to enable Life Insurance and Annuity sales executives to fill out and process new insurance applications electronically, using their natural handwriting.
MphasiS, a leading IT services provider, today announced a strategic relationship with Talend, a global open source software leader.
MphasiS, a leading IT services provider, and Trintech, the leading global provider of integrated software solutions for the Last Mile of Finance, today announced their strategic partnership.
The Finextra50 Technology Index has reached 88.90. The majority of the Finextra50 companies are posting an increase in stock price.
The Finextra50 Financial Technology Index took a battering again last week, with Gresham, Iress and Oberthur Technologies, which could be acquired by its majority owner, providing the only bright spots. As Reed Elsevier completed its acquisition of Choicepoint, the consumer financial data broker leaves the index to be replaced by Nasdaq-listed Chinese banking technology specialist Yucheng Technologies.
HP's planned acquisition of EDS drove shares in Indian outsourcing specialist Mphasis up 18.84% last week. The firm, 62% owned by EDS, led the gainers in a strong week for the Finextra 50 Financial Technology Index, which closed up four per cent to 88.69. i-Flex and Broadridge also saw significant rises while Thomson Reuters shares experienced their biggest one-week gain since the merger completed. S1, Microgen and Bravura were the only companies to buck the trend last week and record significant share price falls.
The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.
© Finextra Research 2019