TORA, provider of industry leading trading technology, has today announced that DMA Prime (a division within the DMA Group), a provider of execution and prime brokerage services to institutional asset managers in South Africa, has selected TORA’s OEMS and TORA’s outsourced trading service.

Sense of unease pervades financial markets over potential for stagflation - amid higher prices and Covid resurgence

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown:

Ian McKenna, founder of AdviserSoftware.com and the Financial Technology Research Centre, comments on Praemium’s announcement to divest their international businesses: “The announcement overnight in Australia that Praemium are to divest their international businesses should attract significant attention from potential UK purchases, especially in the platform and asset management space."

Earlier this year, Rosbank completed a merger with Rusfinance Bank, one of the leaders of the Russian car loan market. The reorganization resulted in the establishment of a new branch – Rosbank Auto – providing a full range of auto lending services, leasing products, car trading and long-term car rental together with traditional banking products. Diasoft ensured integration of the new branch with the bank’s head office and other branches and supported exchange of payments, centralized document workflow and balance conversion.

Cirrus, a provider of cloud-based document management software, has completed an extensive rebranding effort in response to accelerated company growth and an industry need for adaptive software to streamline lending and onboarding processes. Coinciding with the unveiling of the new brand, Cirrus launched an updated website, as well as its Intelligent Application™ enhancement, which enables sophisticated filtering and routing tools for multiple onboarding use cases within a financial institution.

 M1 Finance, the fast-growing Finance Super App offering automated investing, borrowing, and banking products, today announced a $150 million Series E funding round.

SoftBank’s Vision Fund 2 led the round, with participation from existing investors.

OneFamily is investing in its growing customer base with a new digital platform that it says will revolutionise its customers’ experience.

The mutual has engaged iPipeline, a leading digital solutions provider, to overhaul its existing platform which currently serves 2.6 million customers.  The move will see the rollout of a new easy-to-use digital service for OneFamily’s savings, investments and protection businesses.

Attivo Networks, the leader in identity detection and response, today announced a new Cloud Infrastructure Entitlement Management (CIEM) solution, IDEntitleX, designed to deliver visibility and reduce the attack surface for identities and entitlements in the cloud. IDEntitleX expands the company’s leadership position in providing unprecedented visibility and prevention of identity privilege escalation and lateral movement threat activity.

Ralf Ohlhausen Executive Advisor, at PPRO:

 Accelitas, a predictive analytics innovator with the mission to reimagine financial access through the transformative power of data, today announced that it has hired new product management and business development leaders to accelerate the growth of its Bank Account Validation and Retail Media Network solutions.