Computing

MiFID II Compliance and Timing – and Why You Should Care

24/10/2018 By Fennobiz

Every now and then we cover specific applications or vertical industries in our work. This time you will find a short, about 10-minute video on the topic of MiFID II (Markets in Financial Instruments Directive, which is now in force since January 3rd 2018) and accurate timing, which is a requirement in the directive. The accurate time is needed to timestamp transactions against the UTC time. Businesses in the financial services industry are working hard to be compliant with this regulation.

If you are in this business, this video will give you a quick overview of the ways in which you can obtain the accurate time and also use it in your compliance reporting. You can view the video here.

Vincit sets its sights on the Central European market with the support of a Swiss partner

08/03/2018 By Fennobiz

Image Copyright 2018 Canva Vincit is a software development and service design company with its roots in Finland. In recent years, Vincit has expanded far and wide, and for example established a new branch in California in 2016.

Vincit is now looking to enter the Central European market, with a special interest in Switzerland and Liechtenstein. To help boost the expansion, Vincit has signed an agency agreement with Fennobiz GmbH. Fennobiz is a Swiss sales and marketing company specialized in helping Nordic hi-tech companies to enter the West European markets.

Tomi Pienimäki, CEO of Vincit, said:

“We’ve carried out our internationalization plans without rushing. The next step for us is conquering the Alps with the help of a local partner, and examining how this agency model works for us. We are convinced that Fennobiz is an excellent partner for Vincit in entering the Swiss market.”

Pekka Niskanen, CEO of Fennobiz, said:

“On the Swiss market local presence and discussions held on executive level to understand their business needs are keys to success in selling information systems that provide clients with a strategic competitive edge. Our experience and track record together with Vincit’s creativity and service solution expertise are an inspiring and effective combination.”

About Vincit:

Vincit is a software development and design company based in Irvine and Palo Alto, California and Tampere, Helsinki and Turku, Finland. Founded in 2007, Vincit currently employs 400 professionals. Ranked first in Europe in the Great Place to Work study, Vincit’s success stems from satisfied customers and satisfied employees. Vincit is listed at Nasdaq OMX First North market. www.vincit.com

About Fennobiz:

We are on a mission to help Nordic hi-tech companies to new markets in Western Europe. We always want to exceed our customers’ expectations with our high-quality sales and marketing services – right in the middle of their target markets. Fennobiz GmbH is a Swiss company established in 2011 and located in Blonay. www.fennobiz.com

Vincit tähtää Keski-Euroopan markkinoille sveitsiläisen yhteistyökumppanin avulla

08/03/2018 By Fennobiz

Image Copyright 2018 Canva Hervannassa perustettu ohjelmistokehityksen ja palvelumuotoilun asiantuntija Vincit on laajentunut viime vuosina voimakkaasti. Helsingin toimipiste perustettiin vuonna 2014 ja pari vuotta myöhemmin Vincit valloitti Kalifornian. Viime vuonna vuorossa oli Turku, jonne on värvätty jo noin 70 kykyä. Seuraavaksi Vincit aikoo laajentaa toimintaansa Keski-Euroopan ja erityisesti Sveitsin sekä Liechtensteinin alueilla. Laajentumista vauhdittamaan Vincit on allekirjoittanut yhteistyösopimuksen Fennobiz GmbH:n kanssa. Fennobiz on sveitsiläinen myynti- ja markkinointiyhtiö, joka on erikoistunut auttamaan pohjoismaisia korkean teknologian yrityksiä läntisen Euroopan markkinoille.

Vincitin Tomi Pienimäki: “Olemme edenneet kansainvälistymisessä rauhallisin askelin. Seuraavaksi lähdemme valloittamaan Alppeja kumppanimallilla ja kokeilemme samalla mallin toimivuutta meille. Uskomme Fennobizin olevan meille erinomainen kumppani Sveitsin markkinoiden avaamiseen.”

Fennobizin Pekka Niskanen: “Strategista kilpailuetua tuovien tietojärjestelmien myynnissä menestys Sveitsinkin markkinoilla lähtee asiakkaiden johtotason tapaamisista ja tarpeiden ymmärtämisestä. Saavuttamamme kokemus ja tulokset kytkettynä Vincitin luovaan ratkaisuosaamiseen ovat innostava ja vaikuttava yhdistelmä.”

Vincit lyhyesti: Vincit tarjoaa modernia atk:ta möhlimättömyystakuulla www.vincit.fi

Fennobiz lyhyesti: Kutsumuksemme on auttaa pohjoismaisia yrityksiä uusille markkinoille läntisessä Euroopassa. Ponnistelemme ylittääksemme aina asiakkaidemme odotukset toimittamalla laadukkaita myynnin ja markkinoinnin palveluja juuri siellä, missä pitääkin: keskellä kohdemarkkinoita. www.fennobiz.com

Fennobiz Business Podcast – Episode 2: Silverbucket for optimised project resources allocation

11/06/2017 By Fennobiz

Fennobiz Business Podcast: Silverbucket; Copyright 2017 Fennobiz GmbH In this second episode of our Fennobiz Business Podcast our guest is the CEO of Silverbucket, Mr Tuomas Mikkola. The company has developed a must-have tool for allocating project resources in an optimal way. We at Fennobiz represent Silverbucket in Switzerland and Liechtenstein.

You can track and plan the resource allocation in your company up to a point with a spreadsheet, but once you have, let’s say a hundred people in the organisation – it starts to be really difficult to have an overview of the resource situation over time. Moreover, it will get hard to share the information while having a single, accurate version of it available at all times to multiple members of the organisation. Interestingly enough, Silverbucket started off from this challenge – what to do, when spreadsheets are no longer good enough?

Listen in to this conversation with Tuomas to find out, why so many customers have taken this SaaS solution into use. You can start saving money in 30 days or less by ensuring the optimal allocation of your project resources.

Interested? Contact us and we will tell you more about this solution and we will be happy to arrange a free, 30-day trial for you with the initial training to get you going.

This interview was recorded in English.

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On cloud computing

12/10/2012 By Fennobiz

In case you missed the news, the European Union announced a new strategy on September 27th to drive European business and government productivity via cloud computing.

Cloud computing refers to an environment, where your data and the applications software reside on a service provider’s servers on the internet and you can access and use them with a suitable device.

The trend is towards running complete applications using cloud-based services. This is very practical for small businesses like ours – but also large corporations, where getting new applications up and running often takes considerable effort due to internal procedures and other factors that can make such large corporations slow to react…

Properly designed Software as a Service (SaaS) solutions – meaning they are run in the cloud – are also priced in such a flexible way that the service or application can be implemented in a single business unit or for a limited set of your products or services that you offer first – and then taken into wider use once you are ready for it. Paying a monthly fee for such a service is certainly a valid alternative to obtaining a software license for the application, potentially a database software license and of course some server hardware to run all this on. Not to mention all the processes and personnel to keep your application up and running and your data backed up.

Is cloud computing safe and secure? Coming back to the EU, the new strategy lists actions that are designed to provide users with access to a more standardised technology environment, EU-wide certification schemes for trustworthy cloud providers and also model cloud computing contract terms that are “safe and fair”, including Service Level Agreements.

Large organisations will of course involve their IT departments into the implementation of such services to ensure that any integration to existing systems is done properly. Again, a properly designed SaaS application will readily support straightforward integration to solutions like enterprise resource planning systems from market-leading vendors.

MiFID II Compliance and Timing – and Why You Should Care

Vincit sets its sights on the Central European market with the support of a Swiss partner

Vincit tähtää Keski-Euroopan markkinoille sveitsiläisen yhteistyökumppanin avulla

Fennobiz Business Podcast – Episode 2: Silverbucket for optimised project resources allocation

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