The pace of private investment is changing. In fact, almost everything in the world of private investment is changing. New sources of capital are flooding the market against a background of low interest rates – and investors are looking for new asset classes to deliver the returns they once took for granted. And yet many within the industry still insist on working in the same way as they have done for the past few decades.

 SNL Financial has released a new report exploring the state of the U.K’s banking system.

SWIFT announces that The KYC Registry is now available to fund distributors and custodians. In response to an identified need within its Community, SWIFT is extending the reach of The KYC Registry beyond correspondent banking to support Know Your Customer (KYC) compliance requirements for funds distribution and custody services.                                                                                                

Tech Data Corporation (Nasdaq:TECD) today announced it has entered into an agreement to acquire certain assets of Signature Technology Group, Inc. ("STG"), a leading provider of data center and professional services throughout North America. STG's services will be offered through Tech Data's Advanced Infrastructure Solutions (AIS) division, the company's data center business in the Americas.

Equens has announced the first go-live of its new white-label PSP proposition for banks, acquirers and payment service providers (PSPs). This new proposition is part of the omnichannel solution Equens has brought onto the market. It creates a one-stop-shop model for banks, acquirers and PSPs both for offline and online retail payments across Europe. The first client Equens is serving with its white-label PSP solution is a European acquirer who has set up an offer for the German market and is now preparing to enter other European markets.

Brits have gone contactless crazy according to data from Worldpay, which today revealed that it has processed over £2 billion of contactless payments since January 2012. This surge is even more incredible as it was only in October 2014 that the company reached the £1 billion milestone.

The Linux Foundation, the nonprofit organization dedicated to accelerating the growth of Linux and collaborative development, today announced Apache: Big Data, a new event that brings together leading committers of Apache Big Data projects to advance the technologies driving the way we capture, assess and store the plethora of data in the world today.

Global Financial Technology Challenge showcases new FinTech solutions fueling innovation and inclusive finance 

Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA). This global initiative launched in EMEA in February and invited developers to build solutions based on Citi’s digital platform and present concepts at events in Jerusalem, London, Nairobi and Warsaw.

When coming to Boston, a lot of investors are intrigued by the depth of talent in the traditional mutual fund and increasingly the alternatives side as well. There have been transitions and migrations from Boston’s long-only establishments to the long/short side for many years. Especially since the financial crisis, clients have wanted more protection of capital or less volatility or less correlation with the markets overall, and this has certainly picked up more recently.

Evercore (NYSE: EVR) announced today that Lea Lazaric Calvert has agreed to join the Firm's Private Capital Advisory business (PCA) as a Managing Director.  Mrs. Lazaric Calvert will be based in London where she will focus on advising leading financial institutional investors and fund sponsors on secondary transactions.