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Industry roundup: 5 November

Visigon and Calypso to provide treasury solution for Denmark's Export Credit Agency

Calypso Technology, a provider of cloud-enabled capital markets and investment management software, together with Visigon, a Nordics consultancy firm, have announced that EKF, Denmark’s Export Credit Agency, selected the Calypso Treasury Solution via an extensive EU public tender process to provide a complete straight-through-processing solution.

EKF issued an EU tender earlier in 2020, looking for a cloud-enabled, cross-asset, front to back and functionally rich treasury solution with shorter time to market. Working with firms deeply embedded in the Nordics capital markets fabric, strong functionality, a willingness to continue investing in the product and a commitment to local infrastructure were key for Calypso and Visigon winning the EKF mandate.

Calypso’s integrated cross asset treasury management solution should provide EKF with the agility to respond to internal and external pressures for improved liquidity management. The Calypso Treasury Solution is designed to enable EKF to optimise its balance sheet, automate workflows and realise operational efficiencies.

With offices in Denmark and Sweden, Visigon is a partner of choice for local and regional Nordic Calypso clients. Visigon will deploy and manage the EKF Calypso platform. The two firms say that this announcement further strengthens the partnership between them, in a view to continue expanding the Calypso footprint across the Nordics region.

 

Customer edition of SAP HANA platform launched

The SAP HANA Enterprise Cloud, customer edition, is now available. SAP says that it offers more customer choice for SAP S/4HANA deployment. The customer edition of SAP HANA Enterprise Cloud is one of the technology company's private managed cloud deployment options that is designed to customers to accelerate the adoption of SAP S/4HANA along with a suite of other SAP products. Now customers can have SAP HANA Enterprise Cloud managed and run their SAP software landscape and data in our SAP data centres, in hyperscalers, or, with the customer edition, in their own data centre environment. Customers that need to keep systems in their own data centre for data residency or low-latency reasons can benefit from an all operating expense (OPEX) subscription model and our concierge service to accelerate their SAP S/4HANA adoption.

SAP customers selecting the customer edition of SAP HANA Enterprise Cloud can leverage the Lenovo TruScale infrastructure as a service (IaaS) offering to deliver cloud solutions on premise in their data centre. Application and data entanglement are among the biggest issues that customers face when moving to the cloud. Simply put, it is challenging to separate the SAP S/4HANA application from the data that is needed to move applications and data to a hyperscaler cloud in a remote data centre. With Lenovo TruScale, customers do not need to move their SAP workloads, yet they can still secure the merits of a modern, OPEX billed cloud infrastructure.

SAP customers can also select HPE GreenLake as their infrastructure for SAP HANA Enterprise Cloud, customer edition. HPE GreenLake meters actual usage, enabling HPE, SAP, and customers to plan for capacity. HPE’s infrastructure technology, which underpins HPE GreenLake cloud services, has been proven in verifiable SAP benchmarks to scale to substantial demands from SAP customers.

Additionally, SAP says it has made it easier for customers of the new platform edition to adopt and consume SAP S/4HANA through its partnership with VMware. The collaboration provides a foundation for SAP HANA Enterprise Cloud that enables consistent, secure infrastructure and operations across private and public cloud and increases agility and flexibility. SAP says it has partnered closely with VMware on the full-stack VMWare Cloud Foundation (VCF) technology for SAP S/4HANA that is used by hardware IaaS providers and it is integrated with SAP HANA Enterprise Cloud management, monitoring, and reporting service delivery tool chain.

 

Arab Monetary Fund selects Refinitiv as compliance provider for cross-border payment system 

Refinitiv and the Arab Monetary Fund (AMF) have announced the adoption of World-Check as the preferred anti-money laundering data  for Buna, the first cross-border payment system in the Arab Region launched by AMF earlier this year.

Buna is a multi-currency payment system that enables financial institutions to send and receive cross-border payments across the Arab region and beyond in local and international currencies. World-Check will equip Buna with a source of anti-money laundering data, helping the platform to screen millions of transactions every month.

The Middle East and North Africa (MENA) region is witnessing new promising trends for regulated organisation in technology innovation, data management and due diligence awareness. According to the sixth edition of the Refinitiv MENA Financial Crime Survey for 2020, about 83% of organisations from across the region plan to dedicate more resources to compliance over the next two years.

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