Expecting the unexpected

19 Jul 2021 Lars Schröder, senior engagement manager at SkySparc, looks at what is driving shifts in central banks’ technology requirements.

Technology Adviser: SkySparc

16 Jun 2021 During the Covid-19 pandemic, many central banks halted technology initiatives that were under way and focused on stabilising their economies. A larger portion, however, managed to adapt quickly to the new normal and embarked on ambitious system upgrades throughout 2020.

SkySparc extends multi-year deal with Dutch State Treasury

27 May 2021 SkySparc, an independent solutions provider, has extended its partnership to supply consulting and support services to the Dutch State Treasury Agency (DSTA).

Central Bank of Iceland enters long-term services agreement with SkySparc

20 Apr 2021 SkySparc, an independent solutions provider, has entered into a multi-year partnership agreement with the Central Bank of Iceland covering use of outsourced support services and OmniFi, SkySparc’s proprietary data integration and workflow automation solution.

National Bank of Georgia joins SkySparc's OmniFi central bank client roster

13 Apr 2021 SkySparc, an independent solutions provider, has added the National Bank of Georgia (NBG) to OmniFi’s expanding community of central banking users.

Strong Growth Drives SkySparc to Fifth “Gazelle” Award

4 Feb 2021 SkySparc had previously received the Gazelle award, given in recognition of rapid organic business growth, in 2010, 2011, 2012 and 2018. Only 0.1% of Sweden’s half million limited liability companies were eligible for consideration in 2020.

DekaBank signs multi-year deal for SkySparc's WallStreet Suite

26 Jan 2021 SkySparc, an independent solutions provider, has entered into a multi-year master agreement to provide Wallstreet Suite (WSS) services to DekaBank, the centralized asset management service provider for Germany’s Sparkassen public savings banks.

SkySparc Hires AP2 / Virtusa Veteran to Lead WSS Services

19 Nov 2020 As well as his experience at AP2, Crone has two decades of experience developing and managing innovative solutions and strategies at financial institutions globally. With deep levels of expertise gained from working with banks, financial service providers and corporates of all sizes, Crone’s specialist skillsets include strategic planning, change management, strategic business development and leadership.

SkySparc Strengthens Murex Consulting Team with Back-Office and Integration Expertise

24 Oct 2020 Triki has a decade of MX.3 experience, gained at Murex and a range of major financial institutions, holding leading positions in multiple disciplines, including development, product management and team leadership.

SkySparc hires Joedy Tran to grow American prospects

6 Oct 2020 SkySparc, an independent solutions provider, has hired Joedy Tran as Senior Engagement Manager for the Americas to grow the firm’s business in the region.

European Central Bank extends SkySparc contract

17 Sep 2020 SkySparc, an independent solutions provider, has been re-selected by the European Central Bank (ECB) to provide comprehensive consultancy services for four years to support its use of the Wallstreet Suite (WSS).

SkySparc Partners with Delphix to Improve DataOps for Murex and WSS Users

28 Feb 2020 SkySparc, an independent solutions provider, has agreed to partner with Delphix, a provider of data operations solutions.

Video Q&A: Joakim Wiener, SkySparc

23 Oct 2019 Central Banking met with Joakim Wiener, chief executive at SkySparc, at the FinTech & RegTech Global Awards in Singapore to discuss the challenges faced by central banks and public sector financial institutions, and how technology is helping central banks manage systems, process automation and data management. Wiener also explains how Skysparc can assist central banks now and into the future.

OmniFi Offers User-Friendly TRM System Integration with Automated Workflow Tools

16 Oct 2019 With OmniFi 7.5, users can quickly and simply create automated workflows to and from their TRM system, by deploying SkySparc’s Web service API as an integration platform with the new generation of end-to-end process automation tools, such as Microsoft Flow.

SkySparc Expands with Murex Front-Office and Risk Expertise

11 Sep 2019 Dufrene joins SkySparc as a senior consultant following 14 years working in various positions for Murex clients across the globe, including business analysis, production support, stream lead on multiple projects and most recently as product owner for Murex at National Bank of Canada in Montreal.

SkySparc Named Technology Consultant of the Year in Central Banking’s FinTech Awards 2019

5 Sep 2019 SkySparc’s winning entry highlighted its work with the Dutch State Treasury Agency (DSTA), which used the firm’s Patch Upgrade as-a-Service (PUaaS) to streamline and automate its treasury management upgrade schedule, thus supporting the agency’s cybersecurity policies.

The winners of the 2019 Fintech and Regtech Global Awards

4 Sep 2019 Prizes awarded for outstanding work at the cutting edge of financial technology.

Central banks responding to pace of change in a hyperconnected world

4 Sep 2019 Lars Schröder, senior engagement manager at SkySparc, explores the impact of transformational technological advances on central banks’ processes and the need for diligence amid ever-increasing cyber risk.

New Hire Adds Murex Functional Expertise at SkySparc

9 Aug 2019 Chambrier joins SkySparc from Montreal-headquartered National Bank of Canada, where he worked for three years as senior Murex consultant. During this time, Chambrier led a functional streamling initative and a major foreign exchange and FX options migration project, parallel with being engaged as an expert by the EOD squad team for the overnight support.

SkySparc Announces Partnership Agreement with Murex

11 Jun 2019 Under the partnership agreement, SkySparc will use its consulting resources, Patch Upgrade as-a-Service, OmniFi automation software and Support Services to work with the Murex users in Northern Europe to optimize their use of MX.3 and reduce total cost of ownership.

SkySparc gets financial injection from Bragnum Invest

29 May 2019 SkySparc, an independent solutions provider, has entered into an agreement for a strategic investment by Bragnum Invest to support the firm’s growth strategy.

Strong 2018 Performance Positions SkySparc for Future Growth

23 May 2019 SkySparc achieved revenues of SEK 106 million in 2018, representing an increase of 27% over the previous year, with pre-tax profits rising by 32% to SEK 23.5 million. More than half of the revenues were recurring, with SkySparc's three core business lines - Outsourced Support, OmniFi and Patch Upgrade as-a-Service - all experiencing increasing levels of client demand.

SkySparc hires Markus Linke to strengthen Murex practice

7 May 2019 SkySparc, an independent solutions provider, has hired Markus Linke, a senior Murex consultant with almost two decades’ experience, to deepen the expertise of its Murex practice.

SkySparc Strengthens Executive Team with CFO Appointment

13 Mar 2019 Ericsson Birck will work closely with CEO Joakim Wiener and the SkySparc executive team to implement the firm's strategy to achieve business expansion and profitable growth.

Oracle ERP accelerates treasury transactions with Citi integration

24 Oct 2018 Oracle is integrating its ERP platform into Citi’s Treasury and Trade Solutions (TTS) with the aim of accelerating corporate transactions.

Treasurers begin exploring new open banking opportunities (and risks)

23 Oct 2018 Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away.

SkySparc Enhances Treasury Data Analytics

4 Oct 2018 OmniFi, the data management and analytics solution developed by SkySparc, has been upgraded to heighten automated data exchange capabilities, with the solution able to move data regardless of its format, communication protocol or system location, the company said.

SkySparc appoints Joakim Wiener as CEO

11 Sep 2018 SkySparc, an independent solutions provider, has appointed a new chief executive officer, ex-TradeTech Consulting/ Virtusa CEO Joakim Wiener, who will take responsibility for driving growth and customer service excellence.

SkySparc hires Stellan Råberg to launch dedicated Nordic Murex practice

28 Jun 2018 SkySparc, an independent solutions provider, is now offering outsourced support and consulting services to Murex clients in the Nordic region following the recruitment of Stellan Råberg.

Patch Upgrade Pain Eliminated by SkySparc’s New Patch Upgrade as-a-Service Model

18 May 2018 With SkySparc’s Patch Upgrade as-a-Service model, all projects are performed by Quality Center, a centralized team with dedicated resources solely focused on patch upgrades.

SkySparc Enters Partnership with Dutch State Treasury Agency

11 Oct 2017 The new relationship follows a public tender conducted via EU and national procurement guidelines for the “continued development and support” for the agency’s Wallstreet Suite.

SkySparc’s 15th successful year fuelled by demand for Outsourced Support service

13 Jun 2017 SkySparc, the leading independent provider of solutions for Wallstreet Suite users, has announced record revenues in 2016, reflecting a successful year serving a wide range of client needs, including increased demand for Outsourced Support services.

Bob’s guide to treasury management systems: How to tell if it’s time to invest in a TMS

8 Jun 2017 Since the financial crisis, the treasurer has taken on a more strategic role, meaning they must know at a moment’s notice the financial standing of their business.

SkySparc Continues Investment in Outsourced Support Service with New Hire

1 Jun 2017 Cooley has worked nearly 20 years in management, development, consulting and client support roles at Trema (ION) and TradeTech (now part of Virtusa Polaris) and as an independent contractor.

Extended ECB Contract Enables Central Banks to Access SkySparc Services

9 Nov 2016 The ECB’s decision to choose SkySparc to provide WSS consultancy services allows other Eurosystem central banks to contract the firm’s services under the same framework agreement, rather than conducting individual tenders.

OmniFi improves operational efficiency for the European Investment Bank

26 May 2015 Speed and flexibility deliver cost and time savings, with early pay-back.

SkySparc upgrades OmniFi

2 Feb 2015 SkySparc is proud to announce the latest version of its market leading software, OmniFi v5.

SkySparc wins Central Banking's 2015 Consultancy and Advisory Award

12 Jan 2015 SkySparc wins Central Banking's 2015 Consultancy and Advisory Award for work in upgrading treasury and portfolio management systems at major European central banks.

Toyota Financial Services, Highly Commended, Best Financing Solution

23 Sep 2014 SkySparc has worked with Toyota Financial Services to deliver an award-winning solution.

Corporations in North America choose SkySparc as their outsourcing support partner

8 Jul 2014 SkySparc’s outsourced support service for Wallstreet Suite leaves clients free to focus on their core competencies.

SkyREPORT reconciles data from any system

18 Feb 2014 New release provides multi-system, multi-format reconciliation for improved quality and synchronisation of data.

SkySparc upgrades SkyReport

5 Jun 2013 The latest release of SkyReport includes testing for web applications and enhanced interface and data handling features, making systems integration fast and easy.

SkyREPORT tackles repetitive tasks across Toyota's treasury operations

3 Jun 2013 Toyota Financial Services (TFS) runs Wallstreet Suite v7.1 within its North American treasury and manages unsecured long and short-term debt issuance for the region in all major currencies. The on-going challenge for Michael Valmidiano, TFS’ treasury systems and project manager, and his team is to ensure treasury has accurate, up-to-date data whenever it needs it, however it needs it.

Case Study: Ericsson's New Modelling Solution Improves Risk Management

5 Nov 2012 Ericsson implemented SkySparc's SkyReport in order to speed up the process of extracting prices from the company's treasury management system (TMS) and decrease the time it took to perform the co-variance matrix estimation. With SkyReport Ericsson has reduced its risk calculations, cutting the amount of time needed to perform risk assessments from seven hours to 10 minutes.

AEGON: Testing is key to success of ASP treasury project

15 Oct 2012 Automating testing ensures high quality data and an efficient migration.

SkySparc is AAA-Rated

5 Jul 2012 SkySparc also holds the highest rating - Class 5 - from UC, the credit information agency owned by the major Swedish banks.

SkyREPORT's interface builder now offers more file formats and even greater efficiency

28 Jun 2012 SkyREPORT's interface builder, announced earlier this year, now handles additional file formats, including XML, increasing the ability of developers and users to develop and prototype a wide range of interfaces without the need for coding.

SkySparc adds interface builder to SkyREPORT

12 Apr 2012 The newest release of SkyREPORT gives central banks, asset managers, financial institutions and corporate treasuries a cost-effective tool for transparent integration of their financial systems by building interfaces without the need for coding.

Keva selects SkySparc for Wallstreet Suite managed support service

15 Nov 2011 Finnish municipal pensions group Keva has signed for the Expert Center service to maintain its Wallstreet Suite installation and give it a complete package of assured availability and surveillance.

Fennia Group Chooses SkyReport

29 Sep 2011 Finland-headquarterd Fennia Group has implemented SkySparc's SkyReport system for reporting, reconciliation and automated testing.

SkySparc enhances SkyReport with regression testing of SWIFT messages

23 Jun 2011 SkySparc has upgraded SkyReport, a solution for advanced financial reporting and automated testing, to allow central banks and government debt offices to regression test SWIFT messages between old and upgraded systems.

If Insurance gets headstart on Solvency II compliance with SkyREPORT

23 May 2010 Nordic insurance company If P&C Insurance Holding has turned to SkySparc to help feed an enterprise-wide risk data warehouse that will help it demonstrate compliance with Solvency II regulations coming into force in 2013.

SkySparc adds hedge relations management support to SkyReport

10 May 2010 SkySparc's SkyReport solution for advanced financial reporting and fully automated testing has been enhanced to allow organisations to simplify the maintenance of hedge relations.

Aktia: Improving treasury operational efficiency

18 Feb 2011 After acquiring an insurance company, Finnish firm Aktia's treasury department was faced with a choice...

SkySparc named Swedish 'Gazelle' company

2 Dec 2010 SkySparc, trusted by leading central banks, treasuries and asset managers around the world, represents one of Sweden's top 0.2% fastest growing companies.

SkySparc named Gazelle company by the leading Swedish financial newspaper Dagens Industri

30 Nov 2010 SkySparc represents one of Sweden's top 0.2% fastest growing companies.

Treasury Reporting: an effective middle path

12 Oct 2010 This article weighs up the differences between bespoke reporting solutions and spreadsheets, and asks if there is a 'third way'.

Case Study: Halving treasury report processing time

14 Sep 2010 Enhanced automation can bring a number of efficiencies to the treasury reporting process. This case study looks at a recent implementation process at AEGON.

AEGON selects SkyREPORT for advanced treasury reporting

10 Aug 2010 AEGON has adopted SkySparc's business intelligence and testing solution SkyREPORT, to enhance reporting from its Wallstreet Suite treasury system.

AEGON goes live with SkyREPORT for advanced treasury reporting

10 Aug 2010 Global life insurance and pensions giant AEGON has implemented the SkyReport business intelligence and testing solution from SkySparc.

Sampo upgrades Wallstreet Suite treasury system with SkySparc

24 Jun 2010 "With SkyREPORT's automated testing capabilities we get testing of a wide range of instrument types and multiple, complex buy and sell transactions."

SkySparc consolidates growth with appointment of new partner

1 Mar 2008 SkySparc, the leading provider of complementary products and services to Wallstreet Suite, today announced that Thomas Bergqvist has joined the company.

SkySparc has a new major shareholder and partner in the shape of Thomas Bergqvist...

28 Feb 2008

SkySparc consolidates growth with appointment of new partner

11 Feb 2008 "SkySparc is 100% dedicated to Wallstreet Suite and we will continue to build on the close relationship with Wall Street Systems," said Thomas Bergqvist.