Itiviti’s Tbricks Automated Trading Solution Recognized as Best Trading Solution

Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced the Tbricks automated trading solution has won “Best Trading Solution for Listed Securities (Equities/Derivatives)” at the prestigious TradingTech Insight USA Awards. The awards recognize excellence in trading solutions and services for capital markets and focus on vendors and consultancies providing exceptional trading infrastructure, technology applications, and market data solutions. “We are absolutely thrilled to be awarded `Best Trading Solution for Listed Securities for our...

Tamarack Spins-off Salesforce.com Product Division to Northteq

Spin-off splits company into two entities and positions each for growth within their area of expertise   MINNEAPOLIS, July 1, 2020 /PRNewswire/ — Tamarack Consulting, Inc, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has announced the spin-off of its Origination Systems/Salesforce.com products division to Northteq, Inc. As a result of the spin-off the two companies will operate as independent entities. Tamarack will continue to focus on Portfolio Management...

Abrigo Adds Transparent Artificial Intelligence Scenarios

Abrigo, a leading provider of compliance, credit risk, lending, and asset/liability management solutions, today announced upgrades to BAM+, its financial crimes detection software, including the addition of five transparent artificial intelligence/machine learning (AI/ML) anti-money laundering (AML) scenarios and the ability to direct file Suspicious Activity Report (SAR) and Currency Transaction Report (CTR) batches to FinCEN. Abrigo developed each enhancement to enable users to work more efficiently while handling fewer false positives so they can focus...

PASLA, RMA and EquiLend Release Asia Pacific Securities Lending Markets User Guide

The Pan Asia Securities Lending Association (PASLA), the Risk Management Association (RMA) and EquiLend, the global technology company for the securities finance, collateral and swaps industries, have joined forces with domestic and international market participants to produce the first annual Asia Pacific Securities Lending Markets User Guide. The complimentary user guide provides a detailed overview of the securities lending markets in Australia, China, the China/Hong Kong Stock Connect, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan and Thailand.Fintech News The user guide covers the current...

Impac Mortgage Holdings, Inc. Announces Business Update

Impac Mortgage Holdings, Inc. (N On March 30, 2020, the Company announced that it had instituted a temporary suspension of all lending activity. While mortgage markets may appear to be normalizing, the industry, most acutely for non-bank mortgage originators and servicers, continues to manage to the uncertainties of the various initiatives promulgated by the U.S. Federal Government, the Federal Reserve and other state and local governmental and quasi-governmental agencies relating to economic stimulus, mortgage principal...

SharperLending® Partners with Property Interlink

Mortgage and financial technology provider SharperLending announced today a partnership with national real estate appraisal management company Property Interlink to provide social distancing safety and origination pipeline efficiency solutions to credit unions, banks, and other financial institutions through the Verisite mobile appraisal tools. In addition to assisting lenders’ origination processes, the companies have partnered to extend increased health and safety to appraisers and homeowners. The Verisite mobile app walks homeowners through the process of taking interior photos and writing property descriptions,...

Beam Solutions AML Compliance Software Selected by LendingClub

Beam Solutions announced today that it has partnered with LendingClub, America’s largest credit online marketplace connecting borrowers and investors, to provide LendingClub with its new anti-money laundering compliance platform. “LendingClub is dedicated to ensuring the appropriate use of its platform and the prevention of financial crimes,” said Beam CEO Ben Duranske. “They wanted a solution that would keep them ahead of the curve while remaining low-maintenance and highly secure. Beam was the ideal choice to help them streamline...

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