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Standard & Poor’s Breaks into the SME Rating Segment with a ‘Ratings Lite’ Product

European regulators have given the green light for S&P to the launch of its ‘Ratings Lite’ product for SMEs.  S&P is now quietly sounding out potential clients in the UK, France and Germany for what it calls as a ‘mid-market evaluation’.  S&P’s “mid-market evaluation” requires less detailed and less regular financial disclosures to the rating agency than it would for ... Read More »

Arvato Financial Invests in Financial Incubation Startupbootcamp FinTech

In keeping with the philosophy, “finance goes next generation,” arvato Financial Solutions is investing in Startupbootcamp FinTech, which specializes in supporting financial-technological innovations and the latest technologies in order to provide for and equip financial services. In doing so, this arvato subsidiary is going beyond the scope of a classic financial service provider. In the future, its goal is to ... Read More »

Thomson Reuters Launches Elektron Direct Feed

New hardware accelerated, software optimized direct feed helps firms access cost-effective and reliable market data Thomson Reuters announced the launch of its new direct feed service.  Elektron Direct Feed provides customers with high-performance access to real-time market data sourced directly from individual trading venues in a standardized, reliable and flexible format. Elektron Direct Feed is a hybrid solution offering hardware ... Read More »

Acxiom Hires Starcom MediaVest Group’s Ian James as European Managing Director

Acxiom announces further strengthening of its European business with the appointment of Ian James, Starcom MediaVest Group (SMG) Chief Digital Officer EMEA and Dynamic Markets, as European Managing Director. In this role, James will report to Nada Stirratt, Acxiom’s Global Chief Revenue Officer, and will be responsible for all of @AcxiomUK European operations including the roll-out of its unique Audience ... Read More »

Bisnode Appoints Anders Borg as Chief Technology Officer

Bisnode has announced the appointment of Anders Borg as Chief Technology Officer (CTO).  Bisnode has been through a significant work of change in order to meet the demands of the extreme data growth the world is experiencing, and to refine it to new insights and solutions to help current and new customers make smart decisions. A natural step of this ... Read More »

Google: The Disappearing Links of Europe

If you want to remove links to information about yourself you will have to report three things to Google:   The URL of the offending material, the home country, and an explanation of why one thinks the links should disappear. Google says it will examine every request against the criteria laid down by the court – employing humans, not algorithms, to ... Read More »

Google Is Afraid of Being Broken Up thus it Bows to EU Privacy Ruling

Google never cared very much about privacy, thus the announcement by Google to abide by the European Court landmark case of ‘the right to be forgotten’, has surprise many, and alarmed the Internet community. Larry Page has warned about risks damaging the next generation of internet start-ups and strengthening the hand of repressive governments looking to restrict online communications. According ... Read More »

Creditsafe Named 36th Best Mid-sized Company in the UK 2014 ‘Best Companies to Work For’ List

BIIA member Creditsafe has once again secured a top placing in the “100 Best Companies to Work For” list.  Creditsafe’s position as the most forward thinking employer in the credit industry saw the company ranked 36th in the list, as one of the UK’s leading medium-sized employers, its third consecutive Top 100 ranking.  The dynamic and innovative business environment fostered ... Read More »

Improving SMEs’ Access to Finance Part of New EU Commission Roadmap to Meet Long-term Financing Needs of the European Economy

The European Commission has adopted a package of measures to stimulate new and different ways of unlocking long-term financing and support Europe’s return to sustainable economic growth. Part four of the recommended measures is to improve SMEs’ access to financing:  The actions set out in the communication on long-term financing include improving credit information on SMEs, reviving the dialogue between banks and SMEs and ... Read More »