Digital is the new frontline of national security, commented Rob Norris in response to reports of GCHQ head Jeremy Fleming describing how keeping the UK safe from cyber-attacks is now as important as fighting terrorism.
Luxoft Holding, Inc today announced it has been ranked 40th in market researcher IDC’s Global Fintech Rankings. The annual IDC FinTech Rankings evaluate the 100 companies with the highest turnover in the fintech sector worldwide, meaning the results reflect industry trends that affect both the institutions that buy technology and the companies that provide IT solutions to the financial services sector.
Excelian, Luxoft Financial Services, the financial services division of sotfware development and IT solutions provider Luxoft Holding, is exoanding its office in Bangalore as part of the company’s strategic focus on the Asia Pacific region.
Machine learning is a hot topic across industries judging by how many times it’s coming up on earnings calls. The subject has been mentioned on 189 calls between company bosses and analysts since the beginning of July, according to data compiled by Bloomberg. That compares with 59 calls mentioning the European Union’s revised MiFID rules, which kick in from January.
Large banks are struggling with implementing the fixed income aspect of MiFID II regulation, according to Excelian Luxoft, the financial services arm of tech firm Luxoft.
Luxoft Financial Services is moving into the Avaloq implementation and consulting business with the acquisition of Unafortis, a Swiss wealth management consultancy firm.
Luxoft CFO Evgeny Fetisov told CNBC his business is more concerned by "larger scale" macro-economic developments such as the U.S. economy and Brexit.
Switzerland is one of the largest insurance markets in Europe and its multiculturalism has opened doors for various blockchain startups to set its foundation in the Swiss market. Adding to it, Swiss will hold ‘Blockchain Competition 2017’ in Crypto Valley and is inviting startups and teams across the globe, to apply
Luxoft is to acquire derivIT, a Singapore-based financial services-focused technology consulting provider. derivIT provides experience of leading platforms in credit and risk management and capital markets. The completion of the transaction is subject to approval by the Reserve Bank of India, as well as satisfaction of several other customary conditions precedent, and is expected to occur in the coming weeks.