Class action lawsuit

17 February 2015

Settlements have been reached with eight airlines in a class action lawsuit involving the price of airline tickets. The Settling Defendants are: Air France; Cathay Pacific; Japan Airlines; Malaysian Airlines; Qantas; Singapore Airlines; Thai Airways; and Vietnam Airlines. The lawsuit continues against five Non-Settling Defendant airlines: Air New Zealand; All Nippon Airways (“ANA”); China Airlines (Taiwan); EVA Airways; and Philippines Airlines.
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Bruno Colmant

Bruno Colmant

Head of Macro Research Bank Degroof Petercam

How can we break out of deflation ?

13 February 2015

The real challenge in 2015 will be to avoid the economic shipwreck of the Eurozone in what is often presented as a Japanese-style deflationary scenario. Unfortunately, that scenario seems more and more plausible – prices have been going down over the past two years and the inflation rate will become negative at the beginning of 2015. Technically, of course, this could be described as disinflation rather than deflation, or as a trend towards low inflation, in order to avoid stigmatising a general fall in prices. Continue reading…

SS&C Technologies to Acquire Advent Software

13 February 2015

SS&C Technologies Holdings, Inc. (“SS&C”) (Nasdaq: SSNC), a leading global provider of financial services software and software-enabled services, and Advent Software, Inc. (“Advent”) (Nasdaq: ADVS), a leading provider of software and services for the global investment management industry, recently announced that the Companies have entered into a definitive agreement wherein SS&C will acquire Advent. Under the terms of the agreement, SS&C will purchase Advent for an enterprise value of approximately $2.7 billion in cash, equating to $44.25 per share plus assumption of debt.

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EPCA Payment Summit 9-10 March 2015 – Brussels

05 February 2015

Sharing key payment trends and best practices from a global perspective but with dedicated focus on the EMEA region. The EPCA Payment Summit is a 2 day conference for top delegates from banking and financial, payments industry. Running in its 14th edition now, it is a leading discussion platform for professionals in this space. For more than ten years, over 1500 leading professionals have been gathering together at the EPCA Payments conference. This proves the importance of exchanging innovation and overall payment experience in the wholesale and consumer marketplace. The purpose is to be a top level environment for the exchange of business insight and networking. The conference is completely organized by and for professionals, ensuring the highest level of quality in all aspects.

More information:  www.epcapaymentsummit.com

Velocimetrics Announced Technology Partnership with Solace Systems

02 February 2015

Velocimetrics, a provider of real-time business performance monitoring and analysis solutions to the global financial community, recently announced its technology partnership with Solace Systems, the leading provider of hardware-based messaging middleware. This partnership demonstrates Velocimetrics’ ongoing commitment to ensuring that TipOff® continues to excel in enabling users to independently monitor and analyse their middleware messaging activities, which form the very fabric on which the industry’s trading systems are built.

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Walking the walk: Draghi delivers QE

27 January 2015
Knowledge Base

With the launch of euro zone quantitative easing on January 22, European Central Bank President Mario Draghi hopes to have delivered on his pledge to do “whatever it takes” to safeguard the region’s prospects. It was not quite a design classic but it was a feat of engineering nevertheless. The quantitative easing programme unveiled by ECB President Mario Draghi on last Thursday was – save for a few missing components – a pretty impressive machine. Continue reading…

A shock from the Swiss Central Bank

25 January 2015
Knowledge Base

The Swiss National Bank recently scrapped its CHF/EUR currency peg in an unexpected move that roiled financial markets. Here, we explain what may have been behind the move and its implications. What did the Swiss National Bank do and what was the reaction in the financial markets ? The SNB abandoned the CHF’s exchange rate peg against the EUR, which had been set at EUR1.20 since September 2011. The CHF rallied sharply in response to the move, gaining as much as 40 per cent against the EUR at one point, and hitting its highest level against the USD in three years. Such volatility is extremely rare in G-10 currencies. Continue reading…