TechTouch Asia

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, tis partnering with Snowflake, the data cloud company, to transform how data is accessed, shared and leveraged across a number of its services. The collaboration is expected to transform access, analysis, and the sharing of data across a number of DTCC services, while driving new levels of efficiency, reduced risk and increased insights across the financial services industry. Using the Snowflake Data Cloud , DTCC aims to further promote market transparency, reduce risk, and provide greater operational efficiency leveraging Snowflake data and cloud technology. The company will leverage Snowflake technology to build applications that improve how data is accessed, and provide an enhanced user experience with greater interactivity and access controls. DTCC is exploring several new opportunities for these capabilities, including risk management, regulator...

SHOPLINE, the Asian smart commerce platform and an existing Adyen customer, will use Adyen for Platforms in Singapore to further power its global expansion efforts and smart commerce solutions including e-commerce, social commerce, and point of sale (POS) for its merchants outside of China. As part of this contract, Adyen will also help SHOPLINE stay Payment Card Industry (PCI)-compliant with Adyen’s suite of encryption solutions, alongside its secure platform. With Adyen for Platforms, SHOPLINE built SHOPLINE Payments, a one-stop service offering global and local payment options for its Southeast Asia merchants like Lush, Heinemann Asia Pacific, Angliss, and Lyde Bikes. By maintaining only one contract for all markets and one integration across regions, SHOPLINE can expand easily without worrying about the complexity of multiple contracts and vendor setups in other markets. The partnership will also enable SHOPLINE to tap into operational efficiencies. For instance, SHOPLINE is abl...

Workday , a provider in enterprise cloud applications for finance and human resources, has announced that Salesforce, the global customer relationship management (CRM) player with more than 78,000 employees and hundreds of thousands of global customers, has expanded its use of Workday to support continued global growth.  The organisation has adopted Workday Financial Management, Workday Accounting Center, Workday Adaptive Planning , and Workday Prism Analytics globally, building on its existing use of Workday Human Capital Management (HCM), Workday Recruiting, and Workday Time Tracking . With Workday Enterprise Management Cloud , Salesforce will have finance, HR, and operational data in one adaptable system, providing greater insights, agility, and improved employee experiences. This includes:  - An intelligent data core combining finance and HR insights to help inform decision making. - The ability to respond quickly to evolving market conditions and model multiple scena...