Interactive Investor plc (“Interactive Investor”) has agreed to acquire TD Bank Group’s European direct investing business, though the acquisition of the shares of TD Wealth Holdings (UK) Limited and TD Bank International S.A. (Luxembourg) (collectively, “TDDI”).  

The acquisition will create the UK’s second largest online stockbroker* with assets under administration (AUA) of £18 billion.

Customer benefits

 In a decisive move, UK-based VST Enterprises has announced the addition of two former Elavon Vice Presidents to its business development arm in the US. The experienced duo will be joining collectively under the company Relevant Payment Consulting.

Conferma, a leading technology provider with a vast network integrating multiple travel suppliers has announced its partnership with Wirecard to introduce ‘Virtual Supplier Payment Card’ by Wirecard for business travel through Conferma’s integration network.

Weir, Kan.-based CBW Bank has been named the “Most Innovative Community-Based Banking Organization” by BAI in this year’s Global Banking Innovation Awards. Additionally, the bank was recognized as a finalist in the “Innovation in Payments” category. Winners were announced at BAI Beacon in Chicago. 

 Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that Devin McGranahan has been named president of its Billing and Payments Group, effective November 1, 2016. McGranahan succeeds Rahul Gupta, who will leave Fiserv in December 2016 to pursue other interests.

To achieve MiFID II’s aim of greater transparency, having a proper golden source of instrument data is key for every market participant. Fortunately, under the new rules, ESMA is required to publish a list of all financial instruments traded on all trading venues and systematic internalisers, enriched with useful, related information such as MiFIR transparency and liquidity thresholds.

Navidar® is pleased to announce that Jeff Houston, CFA, has joined the firm as a Managing Director based in Austin, TX. Jeff was one of the early pioneers in publishing research on the SaaS software sector beginning with the salesforce.com IPO in 2004. Jeff will continue to provide focused research on the SaaS software, e-commerce, and Internet sectors as well as the broader technology trends shaping our world. Jeff has nearly 20 years of experience, primarily as a successful Wall Street analyst, having published research on more than 100 public and private technology companies.

Qlik®, a leader in visual analytics, today announced that PSCU, an award-winning and leading provider of financial services and payment solutions to credit unions, has deployed Qlik Sense® to drive greater efficiencies across the service organization.

GLAS, the leading independent provider of finance administration services, has appointed Joe Knight to spearhead the expansion of the firm’s existing Direct Lending platform.  Joe will have responsibility for business development and developing strategic relationships with GLAS’ existing direct lending client base. The move comes as funds increasingly replace banks in the lower to middle market transactions, leading to an uptick in demand for independent agent and trustee services.

 GreenKey, creator of an award-winning voice workspace platform for global financial market participants, today announced that the firm next month will launch a mobile application for iOS and Android devices.