Several players withinthe financial technology arena introduced new products and entered into variousagreements in recent days. Please send news tips and feedback to firstname.lastname@example.org. Forother recent financial technology news, click here.
Insurance and health care
Donegal Insurance Group choseVUE Software's distribution management suite for its producers' digital experience.Donegal Insurance Group includes DonegalMutual Insurance Co. and the insurance subsidiaries of
Baptist HealthPlan Inc. went livewith individual online payment capabilities, allowing buyers of Baptist Health Planpolicies through Kentucky health exchange Kynect to pay their premiums online usingthe Aldera member portal. Aldera is a provider of core administration and privateportal solutions for health care payers and administrators.
Optum, Medecision and TriZetto are working together to introduce the Optum Medicaid ManagementServices solution, a software-as-a-service and business process-as-a-service modelfor states' Medicaid management information systems. Using the solution, Medicaidagencies can select information technology, administrative and clinical services.Optum is part of UnitedHealth GroupInc. Medecision provides community care-based applications. TriZettoprovides information technology and service solutions.
MassMutual launchedthe BeneClick! mobile app for smartphones and tablets. The app supports MassMutual'sbenefits exchange BeneClick! through which consumers can shop for insurance policies,health care coverage and retirement savings plans. MassMutual Financial Group isa marketing name for MassachusettsMutual Life Insurance Co.
Marsh & McLennanCos. Inc. unit Mercer agreedto offer RiskFirst's PFaroe to clients and pension schemes. PFaroe is a web-basedplatform that allows defined benefit pension schemes to evaluate risks and performscenario stress testing.
One Alliance InsuranceCorp. pickedthe Majesco Policy forP&C and Majesco Bureau and Content Services as its strategic enterprise platform.
Investing and trading
Morningstar Inc.made available a personalfinancial management portal in its account aggregation service, Morningstar ByAllAccounts.
Equifax Inc.will provide investorsparticipating in Fannie Mae'sConnecticut Avenue Securities program with monthly updated, anonymous, loan-levelcredit scores on all Connecticut Avenue Securities deals as part of changes in theprogram's loan level disclosure data set.
Post-trade infrastructure provider TriOptima's triResolve RepositoryReconciliation service is reconcilingthe data that institutions regulated by the Monetary Authority of Singapore, theAustralian Securities and Investments Commission and the Hong Kong Monetary Authorityreported to Depository Trust &Clearing Corp.'s global trade repository.
Broadridge FinancialSolutions Inc. launchedits global post-trade management solution, which uses a componentized technologyarchitecture to provide institutions with a consolidated enterprise platform forstreamlining operations.
Invesco Ltd.will offer to 's clients its digitaladviser-focused digital solution, Jemstep Advisor Pro. The solution will allow enableregistered investment advisers and brokers/dealers on the Pershing platform to onboardprospects and service investors. It will be available on Pershing's NetX360 platformin the third quarter. Pershing is a unit of Bankof New York Mellon Corp.
Banking and lending
Visa Inc.approved Quatrro ProcessingServices as a global VISANet third-party processor, allowing the Quatrro GlobalServices division to connect directly to VISANet and provide issuer and acquirercard processing services to banks, financial institutions, merchants and other serviceproviders.
Business process outsourcing
Bangalore, India-based IT and consulting company Mphasis wealth management outsourcingsolutions to Thomson Reuters Corp.'sBETA customers.
Mphasis will offer Thomson Reuters' BETA clients operations outsourcingservices for back-office processes such as client management, branch operations,trading operations, custody, reference data and client reporting.
Thomson Reuters' intellectual property and science business Virtual IP Office, aservice offering that will help in-house and outside counsel with their patent preparationand prosecution, due diligence and IP administration efforts.
Luxoft HoldingInc. is collaboratingwith Horus software GmbH to improve their business process management and solutions.Horus is a privately held information services company.
Payments and transfers
MoneyGram InternationalInc. and Millicom willlaunch mobile cash receive services into Tigo Money mobile wallets inEl Salvador. Millicom is the parent company of Tigo Money.
Global PaymentsInc. reneweda multiyear agreement with Unified Purchasing Group of Canada to support the paymenttechnology needs of YUM! Brands Inc. across Canada.
Huntington Technology Finance will provide lease financing for NCR Corp. ATMs, including ATM-as-a-service type options,for financial institutions under the two companies' strategic alliance agreement.
Data and information management
Sperlonga Data & Analytics agreed to provide homeowner association payment and accountstatus data to Equifax. Sperlonga Data & Analytics is a data aggregation businessfor nonstandard credit data sources.
Acxiom Corp.will provide audiencedata to Pointlogic for the marketing analytics and software provider's media planningprocess.
Fiserv Inc.agreed to resell INETCOSystems Ltd.'s INETCO Insight and INETCO Analytics omnichannel monitoring and analyticssoftware to ATM operators and financial institutions managing large networks andincorporate INETCO's transaction monitoring, alerting and on-demand customer experienceanalytics into Device Manager from Fiserv.
Ellie Mae Inc.made available EllieMae Millennial Tracker, an interactive online tool on millennial loan trends inthe U.S.
Thomson Reuters Practical Law Canada introduced for in-house counsel a Law Department servicemodule, a commercial transactions module, a corporate and commercial litigationmodule and a finance module.
The Australian Research Council will use Thomson Reuters Web of Science Core Collection asone of the data sources for its analysis of benefits from university research.
The Virtual Technology Cluster Group selected IntraLinksHoldings Inc.'s Intralinks VIA, an enterprise collaboration solutionthat allows professionals to exchange and work on documents on any device. The groupis designed to help multinational companies get entrepreneurial IT companies intotheir supply chains, with the first cluster focused on cybersecurity and technology.Using Intralinks VIA, the group can allow the network of companies and individualsto share and collaborate on confidential information without data leakage.
Tax and accounting
JLL Income Property Trust and its adviser, LaSalle InvestmentManagement, picked 's Wdesk loud-based productivityplatform for their accounting, finance and legal teams.
Thomson Reuters introducedONESOURCE Indirect Tax Determination, a version of ONESOURCE Indirect Tax Integrationfor the SAP ERP application that calculates applicable taxes for multinational corporationsand Brazilian companies.
Thomson Reuters also launchedOnvio Advanced Cloud Solution, an online platform that allows accountants and taxprofessionals and their clients to work together from any mobile device.
Unisys Corp.added consulting andadvisory services — launch, optimization, management, integration and analysis —for its ServiceNow enterprise cloud platform.
The New Jersey Department of Human Services the term of HMS Holdings Corp.'s current third-party liability servicescontract through May 31.