With much of Europe and other global jurisdictions entering a second stint of lockdowns, we can be reasonably confident that markets will cope well this time around. The second lockdown coincides with the traditional end of the budgeting season. It may well lead many firms to make late re-prioritisation decisions as they contemplate making working from home and remote trading a more likely, and even desirable, event going forward. The drive to cut costs and work more efficiently may dovetail with the ramifications of the “new normal”. Attention is likely to focus on areas that have caused some concern during the first lockdown.
Eurobase is pleased to announce that Korean Re Switzerland, Korean Re's newly established European reinsurance subsidiary, has gone live with Synergy2, a leading platform for global reinsurers.
Global Software Provider become a Licensed Integrator Partner (LIP) with a formal mechanism to drive ACORD Standards adoption.
LONDON, UK, DATE: 17th December 2019 – Global software and service provider Eurobase announced today that it has become a Licensed Integrator Partner of ACORD Solutions Group, enabling it to maximise the value of leveraging ACORD assets and services for its customers.
Eurobase International is pleased to announce that N26 GmbH, one of the world’s fastest growing banks, has selected the Siena platform to support its treasury management operations. N26 is a new digital bank with its HQ in Berlin, offering its services throughout most of the Eurozone, UK, Switzerland and the US. The Bank has grown rapidly in recent years to include more than 3.5 million customers across 25 European markets and the US, which was launched in July this year.
Eurobase is delighted to announce that Korean Re Switzerland has selected Synergy2, the leading platform for global reinsurers, to support its end-to-end reinsurance operations.
Eurobase and K-Consultants have entered into a partnership to expand the Siena Treasury Management & Trading solution to incorporate full support for SWIFT Messaging.
Eurobase is pleased to announce that Klapton has selected synergy2, the leading platform for (re)insurers having undertaken a vigorous selection process. Klapton reviewed a number of reinsurance software providers to identify an end-to-end platform capable of achieving the greatest operational efficiency. Synergy2 was identified as the best solution to deliver this and support Klapton’s entire reinsurance processing requirements. Alongside the main operational benefits of Synergy2, Eurobase’s impressive record of successful implementations and strong references was also key to Klapton’s decision making process.
Eurobase is pleased to announce the appointment of Mark Broadhurst as Group Director Insurance and member of the Group Board.
Luminor continues to unify its operations and systems across the Baltics and has selected the Siena solution, provided by Eurobase, for consolidation of its markets and treasury operations. The planned changes will help Luminor to push ahead in development of a unified and modern digital customer offering.
Eurobase International is pleased to announce that, following a formal selection process, Bank Leumi (UK) has selected the Siena platform to support its FX treasury management. The bank, which is the London-based subsidiary of Israel’s international bank, offers a range of corporate banking services to both UK-based and international clients.
Eurobase International Group is proud to announce that synergy2 is the first platform to go into production with integrated Structured Data Capture (SDC), delivering straight-through processing for risk creation via the Global Placement Message (GPM).
Eurobase is pleased to announce that VICO, a client of Eurobase for over 15 years, has deployed its synergy2 captive reinsurance system as a cloud-based service, fully managed by Eurobase.
Eurobase International Group is pleased to announce the appointment of Paul Bryson as Group Operations Director.
Join us for breakfast and the latest insights from industry professionals on the opportunities and threats posed by just some of the major regulatory initiatives.
Eurobase is pleased to announce that Beazley has committed to an enterprise agreement for its synergy2 platform. This agreement enables Beazley to roll out synergy2, a comprehensive end-to-end policy administration platform, across its UK and Rest of World business, supporting its ongoing growth and the changing technology landscape.
Eurobase, a leading provider of treasury management solutions, sales desk and customer trading portals, has extended its MiFIR trade and transaction reporting function for its customers to include Bloomberg’s RHUB service. Introduced in January 2018, this new regulation aims to make financial markets more open, efficient, resilient and transparent.
Eurobase is pleased to announce that Intreas N.V has selected synergy2 to meet its requirements for a comprehensive, end-to-end reinsurance platform incorporating underwriting, claims, retrocession and accounting.
Trustlink Pty (LTD) and eurobase International today announce a partnership to provide comprehensive treasury management & sales solutions for the banking, asset management and corporate markets in sub-Saharan Africa.
Eurobase insurance solutions is delighted to announce that Sigurd Rück AG (Sigurd) has selected synergy2, to support its captive operations. Following its selection process, Sigurd recognised that the comprehensive functionality of synergy2 would be the ideal solution to support its need for an end-to-end reinsurance platform. In particular, the breadth and depth of business functionality coupled with extensive out of the box data analytics would deliver the operational efficiencies and management information that Sigurd were seeking.
London – 1th November 2017 – Eurobase, the provider of treasury front-office and customer trading portals today announce a new partnership with a major player & boutique derivatives OTF (Organised Trading Facility), to deliver its MiFID II solution, siena Regulatory Reporter. The solution, already deployed at corporate banks, supports both best execution compliance from the earliest client interactions, through to satisfying reporting obligations in a single, compact application.
Date: 30th October 2017, London: Eurobase International and Aqua Global Solutions today announce a collaboration to provide an end-to-end Treasury, eTrading and Payment solution for the banking and corporate markets.
Eurobase is pleased to announce the opening of an office in Amsterdam. Building on significant new business secured in Europe over the last 12 months, this office forms part of the groups plans to develop an increased presence throughout Europe.
Hosted at The Banking Hall, the London Market Forums supported Haven House children’s hospice and helped to raise money for the fantastic work that it does. To ensure the night was one to remember, London Market Forums creator, Roger Oldham, persuaded many well-known industry names to take to the catwalk and model some fantastic outfits kindly donated for the evening by SUITSUPPLY and PAULE KA.
ACI Russia Congress passed June 8, 2017, in the hotel Regis Nikolskaya. It was attended by more than 200 people. The main topic of the forum was the discussion of the FX Global Code, which was the result of a two-year work of representatives of central banks and leading market participants under BIS umbrella and was published in the final version on May 25, 2017.
London, May 30th 2017 – Eurobase is pleased to announce that it has concluded a partnership agreement with the London Stock Exchange’s UnaVista to automate the Trade and Transaction Reporting functions required under MiFID II. A leading provider of Front Office Treasury and white-labelled eTrading solutions, Eurobases siena Regulatory Reporter offers a complete end-to-end MiFID II solution.
London, UK – 24 May 2017– Eurobase International Group is pleased to announce the appointment of Rebecca Oliver as Director of Insurance Solutions.
David Woolcock Eurobase's Banking Director for Business Consulting has been serving on the Market Participants Group which was instrumental in drafting the Global Code of Conduct for FX. The MPG was established by the FX Working Group at the Bank for International Settlements in Basle to work on the Global Code and the full code was published this morning. The code is likely to be a game changer for the foreign exchange market and as firms move to commitment and adherence they will concentrate on adapting the principles of the code into their workflows. The code will afford the opportunity to detect and resolve issues before they become a regulatory matter. David looks forward to discussing the ramifications of the code with the Eurobase customers and prospects now that the publication milestone has been passed.
Eurobase International Group is a software and services vendor to financial institutions. With a Business management system that is well established and fully embedded within the organisation, Eurobase has achieved certification to the internationally recognised standards ISO 27001:2013 and ISO 9001:2015, confirming it as one of the leaders in its field.
Eurobase International Group is pleased to announce a new partnership with Panintelligence. An agile provider of BI software, Panintelligence is based in the UK and has a partner-focused channel model. The company is passionate about helping businesses run more effectively using its reporting software. The Panintelligence BI dashboard allows users to access data in real-time, helping them to make better informed decisions.
Eurobase International Group is pleased to announce a new partnership with FSAssist - a leading supplier of regulatory reporting software to insurance companies. This partnership will enable Eurobase to provide full solvency II regulation and compliance that can be reported on efficiently. Created in London, FSAssist is a Microsoft® Excel application which allows insurance companies to produce their Annual PRA NDF Return in a familiar spreadsheet environment.
Eurobase International Group is delighted to congratulate Ken Maw of Refpoint on his ‘Outstanding Achievement by an Individual’ award at the 2017 MENA Insurance Awards. Ken is an influential powerhouse in the MENA region and the team at Refpoint undertakes a transparent, professional and streamlined approach to provide holistic advisory services from initiation through to delivery. Refpoint also received a ‘highly commended’ runner up certificate.
Eurobase International Group is pleased to announce that it is now ECF Write-Back ready.
Write-Back is the latest significant London market initiative being facilitated by the LMA in the claims space and has been developed to enable a seamless integration for reviewing and approving claims from a single platform.
synergy2 is our web based platform which can be used to handle the complete lifecycle of any (re)insurance claim and which supports straight through processing of claims. This means that there is no longer the need to update electronic claims files (ECF) separately, eliminating the need for separate platforms and data.
Leading Dubai based reinsurer, EmiratesRE, has committed to continue its successful long-term relationship with eurobase international group which began with the Retakaful Institution’s start up in 2008. It is a recognition of a true business partnership that results from first-class customer service and product investment strategy. This new long term agreement will enable Emirates Re to benefit from eurobase’s new synergy2 portal, incorporating improved governance, authorisation workflow, advanced data analytics accessed via web or mobile, enhanced self-service reporting and document management.
Alexander Vaksman(Alex) has joined eurobase’s Banking division as Business Development Director from Wolters Kluwer Financial Services. He joins eurobase as a result of the Group’s growth expectations, as the company is recognising increased opportunity for its siena product suite due to a constantly changing regulatory and compliance landscape.
Joe Locke CEO eurobase Banking Solutions, commented, 'We welcome Alex to eurobase and are sure he will further strengthen our team. The hire is as a result of our ongoing product investment to ensure siena is ready to provide the right solution to meet the growing demands of regulation and compliance in the market. In particular, we see MiFID II as providing a significant challenge for financial organisations over the next 18 months and have ensured that siena is perfectly positioned to meet these. We wish Alex every success in his role with eurobase”
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Eurobase International Group is pleased to announce its attendance at the European Captive Forum (ECF) held in Luxembourg on 8-9th November 2016.
ECF 2016 is set to be well attended, with more than 1000 delegates expected to be representing in excess of 250 leading captive insurance and risk management professionals. There are more than 30 workshops and talks to attend over the 2 days and the event looks set to discuss three main topics: Solvency II, BEPS and Employee Benefits.
Eurobase International Group is pleased to announce that synergy2, the Insurance solution provided by Eurobase Insurance Solutions, has been selected by MENA Re Underwriters Ltd (MENA Re) to support its requirements for a comprehensive, end-to-end reinsurance administration platform covering underwriting, claims, retrocession and accounting.
The eternally tricky subject of last look is being reviewed by the Committee for Professionalism (CFP) at ACI– The Financial Markets Association with a view to a potential re-write of guidelines published in ACI’s Model Code.
Eurobase is pleased to announce the acquisition of the Parity Treasury Management Software from Manex Treasury Systems Ltd, its flagship product. As part of the acquisition all existing Parity clients and Manex staff will move to Eurobase.
With the Olympics just around the corner, Eurobase International Group is sponsoring a slightly different sporting achievement. One of its employees is preparing to cycle from Land’s End to John O’Groats for charity – and he’s not even taking the most direct route.
Eurobase International Group is pleased to announce a new partnership with Refpoint Business Consultants. Based in Dubai, Refpoint is a business consultancy firm led by Ken Maw which provides seamless consultancy services from initiation through to delivery in the Middle East. This partnership confirms Eurobase’s continuing focus on business in the region, building on its already high levels of exposure, trust and industry expertise.
During 2015, Eurobase launched its new online customer portal as part of its vision to ensure customers receive the highest level of service. Customers have embraced the online portal and feedback has been overwhelmingly positive. Key customer benefits include:
- Service level monitoring – Tracking and being accountable for delivery targets demonstrates our recognition of your priorities and needs;
- Advanced reporting – Track your own journey and identify trends. Flexible reporting gives you the key information you need in a way you can use;
- Live chat – Convenient, quick and easy to use. Responsiveness is critical and Live Chat means we’re only 1-click away;
- 24/7 support – Anytime anywhere, view your portfolio of cases, issues and engagements.
Eurobase International Group is pleased to announce it has partnered with FMR Advisory Ltd to support its strategic focus on providing consultancy and software solutions to financial organisations impacted by MiFID II (the pending Markets in Financial Instruments Directive legislation).
Jonathan joins Eurobase from his previous role of Finance Director at PayPoint PLC, a bill payment and cash collection service, where over the last 19 years he held a number of key positions. As part of the company’s UK and Ireland senior management team, Jonathan was responsible for a team of 45+ covering corporate and operational finance, planning and strategy, retailer debt, procurement and facilities.
London, UK, 9 November 2015 - Eurobase International Group is pleased to announce that its insurance division, Eurobase Insurance Solutions, has successfully completed the implementation of its policy administration platform, synergy2, for Solen Versicherungen AG (Solen), a Swiss-based captive insurer.
London, UK, 21 August 2015 - Eurobase International Group today announced that Eurobase Insurance Solutions was selected by Barents Re Group (Barents Re) to support its aggressive international expansion strategy. Barents Re is known for its disciplined and analytical underwriting, which now will be supported by synergy2, the end-to-end administration platform.
Eurobase International Group (Eurobase) has enjoyed a very successful first half of its 2014/15 financial year reporting a turnover in excess of £11 million for the six month period and a return to pre-financial crisis profit levels.
Volkswagen Insurance Company Upgrades Insurance Administration Platform.
Eurobase International Group today announced that synergy2 has attained a further Gold competency in the Microsoft Partner Network.
Eurobase continues investment in its people to support business growth with insurance and group services appointments.
Eurobase Banking Solutions is pleased to announce that it has recently joined the Oracle Partner Network and entered into a partnership with Nathan-Claire.
Subsidiary of Shell moves to Eurobase’s synergy2
Eurobase Insurance Solutions was pleased to attend the 10th Middle East Insurance Forum (MEIF 2014) held in Bahrain.
Eurobase Insurance Solutions are pleased to confirm our support for Multaqa Qatar in 2014.
Colonial Group International (CGI), with offices in Bermuda, Bahamas, Cayman Islands, and British Virgin Islands, has gone into production in two of its P and C locations, with Eurobase’s underwriting platform, synergy.
Eurobase was pleased to support the inaugural Profit & Loss Forex Network event in Copenhagen.
Eurobase International Group, a Microsoft Partner with a number of Gold and Silver Competencies, today announced that synergy2 has been officially recognised by Microsoft as an application certified for Windows Server 2012.
Eurobase International Group, a leading global provider of innovative software solutions for the insurance and banking sectors, today announced that it has attained a second Gold competency in the Microsoft Partner Network.
Eurobase Insurance Solutions and Hitec Laboratories integrate their software solutions to provide businesses with a complete, end-to-end insurance administration platform that has enhanced features for capture, control and visibility of all content across an organisation regardless of its size, form, function or location.
Continuing a great year, Eurobase also attended the IASA 2013 Educational Conference and Business Show at the Gaylord Resort, Washington D.C. from June 2-5 for the fourth consecutive year.
Eurobase Insurance Solutions today announces that Saudi Re, the first reinsurance company to be established in Saudi Arabia, has replaced its existing underwriting platform with Eurobase’s strategic insurance administration platform, synergy2.
Eurobase International Group has announced the appointment of Ian Little, BA(Hons), ACA, as Group Financial Director.
Volkswagen Insurance Company Upgrades Insurance Administration Platform.
Eurobase Insurance Solutions, today announced that it has entered into a contractual agreement to supply its synergy2 underwriting platform to Bermuda-based insurance management services provider, Horseshoe Group.
Eurobase Insurance Solutions are pleased to announce our participation at this year’s Middle East Insurance Forum taking place in Bahrain on February 4th & 5th 2013.
Eurobase Banking Solutions, a leading provider of e-Trading and Treasury Management Solutions to the Banking and Financial Services sector, today announced the appointment of Matt Townsend, as Senior Business Consultant.
Eurobase Insurance Solutions, today announced that Arch Re Facultative Underwriters (Arch Re Fac), a property facultative reinsurance provider based in the USA, has begun to move into production with Eurobase’s underwriting platform, synergy.
Eurobase Banking Solutions, a leading provider of e-Trading and Treasury Management Solutions to the Banking and Financial Services sector, today announced the appointment of David Woolcock, as Global Head of Sales & Business Development.
Eurobase International Group, a leading global software and services group, has appointed Boris Hurinek, Chief Technology Officer, to head up the Eurobase Consultancy Division.
Eurobase Banking Solutions, part of the leading global software and services organisation Eurobase International Group, is pleased to announce that Zenith Bank (UK) has gone live with Siena Front Office, providing the Bank with a real-time, multi-asset class, deal capture, cash management and position keeping solution.
Zenith Bank (UK) Limited has entered into an agreement with Eurobase Banking solutions for the provision of the Siena Treasury Management Solution.
Rand Merchant Bank (RMB) has selected Eurobase’s Siena Gateway product to distribute high performance FX Streaming prices to, initially, the 360T platform.
Gulf Insurance Limited, a leading provider of Property, Casualty and Motor Insurance services has chosen Eurobase’s single integrated platform ‘Synergy GI’ as the platform to support their complete General Insurance requirements.
Swedbank has selected Eurobase’s market leading Siena Rate Manager product to control and publish high performance FX & MM tradable prices for distribution to multiple execution channels.
Swedbank has gone live with Eurobase’s market leading e-connectivity solution, Siena Gateway. The Bank is expecting an increase in trading volumes after implementing the Siena Gateway to distribute high-performance streaming prices to, initially, the FXall platform.
Rand Merchant Bank has selected Eurobase’s market leading Siena Front Office, Siena Rate Manager and Siena eTrader products to provide a complete multi asset class eTrading and order management platform.
Eurobase Consultancy has successfully concluded a project for Hill & Abbott, the UK-based law firm, which resulted in the creation of a remote access link to its internal systems for selected business partners.
Eurobase Banking Solutions has won a contract to supply WestLB with its Siena e-Trader system. The market leading e-trader system will be used, initially, for multi-product Web based auto-trading and order management between the Bank and its customers and branches.
London Carib Insurance Agency Ltd, a Bahamas-based broker and agent, is replacing its IT infrastructure and has selected Eurobase Insurance Solutions' Synergy product as the new application of choice.
Eurobase Banking Solutions has won a contract to supply Banco Do Brasil’s London operation with its treasury management solution, Siena. The system will support Banco Do Brasil’s front and middle-office treasury operation in London. Siena will integrate seamlessly with the bank’s automated trading systems as well as its back-office system, facilitating straight-through processing and significantly lowering transaction-processing costs.
Eurobase Banking Solutions has won a contract to supply British Arab Commercial Bank (BACB) with its 100% Java treasury management solution, Siena.