Do you also think that enterprise software, in general, sucks? As consumers, we are used to simple user interfaces that make interaction a breeze. If a software or app doesn’t feel natural to use and get the job done, we’ll just dump it.
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Macquarie Group’s Delaware Investments today announced the appointment of John Leonard as head of equities, effective March 3, 2017. He will provide strategic oversight of the firm’s nine U.S.-based equity investment teams.
Based in Philadelphia, Leonard will report to Shawn Lytle, president of Delaware Investments, and will serve as a member of the firm's senior leadership team. In addition, he will become part of the global management committee led by Ben Bruck, global head of Macquarie Investment Management and chairman of Delaware Investments.
JenCap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates. NIF was formed by Michael Orlando in 1976 and has grown to over $185 million in annual written premiums. Mr. Orlando, along with a management team led by NIF President Mark Maher, has built one of the largest specialty insurance distribution platforms in the country.
FIS™, a global leader in financial services technology, today announced it has signed a definitive agreement to sell its SunGard Public Sector and Education businesses to Vista Equity Partners (Vista) for $850 million. The transaction is expected to close in the first quarter of 2017, subject to required regulatory approvals and customary closing conditions.
Wynnchurch Capital (“Wynnchurch”), a leading middle-market private equity firm, announced today that it has acquired Rosboro Company, LLC (“Rosboro” or the "Company"). Rosboro is well known as a leading integrated forest products operation producing a wide variety of products including laminated beams (glulam for residential and light commercial construction), studs (home building market), and veneer (plywood and LVL production) at seven manufacturing plants in Oregon.
Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy- and sell-side firms, today announced it has won ‘Best Market Surveillance Technology’ at the 2016 Futures & Options World (FOW) International Awards. The award recognises the ongoing enhancements made to the Ancoa surveillance platform, which have enabled customers to meet the Market Abuse Regulation (MAR) deadline of July 2016.
Lotte Card, one of the biggest card companies in Korea, adopted a biometric-based authentication system service in its payment app jointly with Blocko Inc., a blockchain startup. Financial organizations in Korea, including banks, Korea Exchange and card companies, are actively adopting blockchain technology, but this is the first case in Korea that commercialized blockchain technology combined with biometric-based authentication system.
The Western Union Company, a leader in global payment services, announced it is enhancing its existing relationship with Viber, a leading mobile messaging app with 754M unique users worldwide, by enabling Viber users in the UK to send money domestically and internationally to more than 200 countries and territories from the convenience of the Viber app.
Semafone, which provides secure payment software for call centres, has reported three new client wins in North America worth $7.5 million, only six months after opening its headquarters in Boston.
The company’s substantial investment in its North American operations has contributed significantly to Semafone’s 30 per cent growth in its customer base worldwide.