Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today announced that Bowmoor Capital, a London-based global macro investment advisor, and SummerHaven Investment Management, a Connecticut-based commodity-focused asset management firm, have deployed the new TT Futures TCA solution to inform their trade execution and algorithmic trading strategies and ensure they are achieving best execution on behalf of their clients.
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Iress today announces it has entered into a binding share sale and purchase agreement to divest its European headquartered low-latency market data business, QuantHouse, to BAHA Tech Holding AG (BAHA). BAHA is a privately-owned, Vienna-based market data provider founded in 1995. It provides real-time market data, financial news, technology and solutions for the financial services industry covering over 12 million financial instruments on more than 150 exchanges.
U.S. Bank today announced that it has united its Global Fund Services and Global Corporate Trust teams into a single Investment Services division led by Jay Martin.
As president of Investment Services, Martin leads a global team that offers customized services to middle market, large corporate, government and institutional clients, including fund administration, custody, investor servicing, trustee services and corporate escrow. Martin has led Global Fund Services since joining the bank in 2023.
Sapiens International Corporation, a global leader in intelligent insurance software solutions today announced the acquisition of Candela, a leading intelligent automation company servicing blue-chip, APAC-based insurance clients. This strategic move aims to enhance Sapiens' life product portfolio and expand its presence in the APAC region. The transaction is subject to customary closing conditions and expected to close during the second quarter of 2025.
Atoa today announced Family Law Cafe as a new customer in a strategic move to drive frictionless payments in the legal sector through open banking.
GB Bank, one of the UK’s fastest-growing challenger banks, today announced that its balance sheet surpassed £2 billion. The news comes after it received its most recent tranche of £90 million in growth capital since May last year before hitting profitability just a few months later in October.
Today, programmable financial services company Stripe announced a set of payments updates for Japanese businesses and businesses looking to expand into Japan.
Inclusive global payments platform, Ecommpay, has appointed payments industry expert, Roy Blokker, in a new role as head of Strategic Sales. The appointment underpins the company’s ambitions to grow its footprint across Europe.
As part of an ambitious programme to move its lending infrastructure to the cloud, Lloyds Banking Group (LBG) has transformed its operations with FICO® Platform, enabling over £7 billion in annual loans. By leveraging real-time data ingestion and advanced analytics, the platform has helped to drive a 2.5% credit card approval uplift, double new-to-bank consumer loan customers, and resolve over 50 system limitations — delivering faster, smarter, and more efficient lending decisions across products.