Latest Nucleus Software News: Finextra Research

Fintech envoys for Scotland appointed

The UK Government is appointing two fintech envoys to help Scotland realise the benefits of the boom in financial technology innovation.

08 December 2016

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Bian signs PNC as first US bank member

The Banking Industry Architecture Network (Bian), an organisation working to establish a service-oriented architecture (SOA) standard in the finance industry, has signed up PNC as its first US bank member.

18 April 2013

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Finextra50 September 2009

The Finextra50 Technology Index has reached 88.90. The majority of the Finextra50 companies are posting an increase in stock price.

20 October 2009

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Big likely to get bigger in consolidating core banking market

Oracle and Temenos are set to continue their dominance of the core banking technology market as smaller rivals fall by the wayside and banks take a cautious approach to vendor selection in a consolidating market, according to a new study by Forrester Consulting.

27 May 2009

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Strong gains offset first week fall for Thomson Reuters

The Finextra50 Financial Technology Index rose last week despite the newly-merged Thomson Reuters - now the index's largest constituent - sliding in its first week of trading. Fiserv, Cognizant, Factset and Indian fintech stocks all performed well to help the index close Friday up 3.7% to 86.67.

21 April 2008

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Orc hit by downgrade as Factset rises on positive Q2

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.

25 March 2008

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Chordiant battered by gloomy outlook; S1 rallies on Q4 profit

Shares in Chordiant Software continued to fall last week on the back of an earlier outlook statement which warned of weakening demand for its technology from banks in North America. Meanwhile shares in S1 Corporation surged after the Atlanta-based vendor posted a fourth quarter profit, making it the top performer in the Finextra50 index.

03 March 2008

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Financial technology stocks rally, led by Morningstar and Vasco

The Finextra50 Financial Technology index closed last week at 103.52, increasing just slightly after posting a 4.71% rise the previous week. Morningstar and Vasco Data Security were the biggest gainers, rising 20% and 19% respectively over the past two weeks.

15 October 2007

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Linedata, Broadridge and Orc lead Finextra50 down 1.3%

The Finextra50 Financial Technology Index finished last week down at 94.11, as losers far outnumbered gainers.

10 September 2007

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Finextra50 flat despite gains in Indian fintech stocks

The Finextra50 Financial Technology Index finished the week down .01% to 95.35, as the recently volatile US and European markets remained fairly steady. I-flex, 3i Infotech and Mphasis in India all posted significant gains, while only Linedata, Nucleus Software and Fiserv dropped by more than 3%.

03 September 2007

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Vasco Data Security leads Finextra50 higher

The Finextra50 Financial Technology Index ended last week up 2.23% to 95.36, as European stocks recovered some of their losses from earlier this month, and some strong index performers from the US continued to rise.

28 August 2007

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Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

11 May 2007

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