Pzena Investment Management, LLC, a US-headquartered investment firm, is implementing Rimes' investment intelligence solution Matrix to support its efforts to streamline operations, mitigate risk, and enhance its portfolio optimization capabilities. With the increasing demand for customized versions of core product offerings, Pzena sought a systematic solution that would eliminate manual intervention and provide a scalable solution that could integrate seamlessly with existing systems. 

Lanistar, a fintech founded in the heart of London, has seen rapid growth and in recent months has added an additional two offices to its roster - Dubai and Sao Paulo. Now operating in three continents, Lanistar’s 2023 growth plan looks to be in full swing.

With its offices now located across the globe, Lanistar is poised for continued growth, showcasing the company's worldwide reach and commitment to expanding its operations in order to better serve its customers in its target markets.

PayU, the leading online payment service provider operating in over 50 high-growth markets, today announces the appointment of Shiri Schneider as Chief Technology Officer of its Global Payment Organisation. 

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announces the continuation of its partnership with Acadia, the provider of margin automation services – enabling increased efficiencies for the processing and calculation of substitutions movements for TLM Collateral Management customers, and their associated counterparties.

BR-DGE, the rapidly growing payment orchestration provider, has announced a partnership with American Express to enhance the Open Banking capabilities for merchants.

Yonder, a modern rewards credit card based in London, has partnered with Transact Payments, experts in cards and payments, for its new rewards-based credit card for young Londoners.

British businesses are increasingly worried about access to funding, with new data showing banks are reducing SME lending.  

According to figures from fintech firm Iwoca, 77 per cent of brokers said that high street banks are reducing their appetite to fund SMEs. The information was collated from more than 100 SME finance brokers who submitted over 2,500 finance applications for SMEs in March. 

Nutanix has announced Nutanix Central, a cloud-delivered solution that provides a single console for visibility, monitoring, and management across public cloud, on-premises, hosted or edge infrastructure.

British Business Investments today announces it has increased its commitment to private credit provider Apera Asset Management by £30m. The increase, which follows an earlier commitment of £50m, brings the total commitment from British Business Investments to £80m.

The investment will be deployed through a Separate Managed Account (SMA), enabling British Business Investments to pursue a bespoke investment strategy and invest in UK companies only. The SMA has so far invested £48.3m in 15 companies.

Finastra, a global provider of financial software applications and marketplaces, today announced a new managed services partnership agreement with Luxoft, a DXC Technology company, to support Finastra’s Kondor customers in the Europe, Middle East and Africa (EMEA) region with their cloud transformation journeys. The strategic partnership expands the companies’ long-standing relationship, which has been in place since 2006.