British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £50m commitment to private credit provider Apera Asset Management.

The investment will be deployed through a Separate Managed Account (SMA), enabling British Business Investments to take a tailored approach and invest in UK companies only.

At bi-monthly monetary policy review today, RBI has projected India’s GDP growth at 9.5 per cent for the ongoing Financial Year of 2021-2022.

Indian Chamber of Commerce (ICC) highly appreciates Apex Bank’s decision to step up its efforts to ensure liquidity in the system with another G-SAP worth Rs. 1.2 lakh crore planned for this fiscal year.

Sovos , global tax software provider, today announced the availability of Sovos Advanced Periodic Reporting platform. The new platform brings hundreds of customers onto next generation architecture designed for performance, scalability, enhanced functionality and expanded global coverage.

Financial institutions have, for a while now, been operating in a highly cost challenged environment. These firms will continue walking the tight rope of executing on efficiency, digital transformation and supporting the business. Post-COVID when our dear planet begins to get back to some form of normality in the months ahead, it does not necessarily assume that wallets will be loser and further budget constraints are expected to be with us for some time.

The social housing sector is heavily regulated, with housing associations required to support and improve the lives of tenants while meeting a number of regulatory requirements. It’s critical to keep on top of areas including financials, maintenance and repair requirements, void properties, and more. 

Digital transformation can mean different things to each financial institution (FI). For some, it’s a push to modernise legacy systems and acquire fresh talent. For others, a journey to adopt an organisational strategy that unites departments and teams. No matter the motive, nearly all FIs want the same result—to drive efficiency, revenue and cost savings. For many forward-thinking FIs, artificial intelligence (AI) is a key part of this process.

More than 63 percent of all new trades executed by UK traders on Capital.com in the past two weeks* have been in financial derivatives linked to shares in the US cinema chain AMC Entertainment (AMC) . This is a significant jump from last month when just 23% of all first-time trades executed by UK clients were derivatives transactions on AMC. UK clients have been piling into the popular AMC trade this week with more than 82% of traders taking a long position in the so-called meme stock.

Since 2018, Arcane Crypto has built a portfolio of diverse early-stage businesses active in the emerging cryptocurrency sector. As a result, it now represents an appealing option on digital assets adoption among banks and financial investors, which has recently gained significant traction. Its recent listing on the Nasdaq First North exchange following a reverse takeover provides it with an additional funding route to pursue its 'buy and build' strategy.

During Huawei Intelligent Finance Summit 2021, Huawei and Temenos, the banking software company, announced a partnership to offer Temenos’ cloud-native core banking solution on the Huawei Public Cloud. Temenos is the first core banking software certified with Huawei infrastructure and Huawei Public Cloud.