FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and First Sentier Investors, a global asset management group focused on providing high quality, long-term investment capabilities to clients, today announced that the Flowlinx liquidity is available via FlexTRADER EMS.
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· UK fintech Kroo has raised £17.7m from lead investor Rudy Karsan and others in a Series A funding round
· Kroo is building a truly social bank that helps users reduce anxiety around finances and champion social causes and was named Best Newcomer in the 2021 British Bank Awards
· Kroo will use the funding to support its mobilisation phase, grow its team and secure a full banking license.
Scotch Whisky Cask Auctions achieve record prices!
There are many fortunate souls among us who have purchased or inherited casks of whisky, had them stored in dusty warehouses for years, and then find ourselves with the quandary of what to do with them. Often, we haven’t paid huge amounts for the cask in the first place, buying them before the whisky boom of the last decade, but are aware that whisky has in many circumstances become more valuable than gold.
Broadridge Financial Solutions, Inc, a global fintech leader, today announced that UBS has joined its transformative distributed ledger repo (DLR) platform.
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and underwriting capabilities for new and prospective members.
Validus platform gains further traction in fixed income
Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that LedgerEdge, the new global corporate bond trading platform built on distributed ledger technology (DLT), has selected Validus as the real-time trade surveillance platform for all of its markets upon their launch.
The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector's impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.
Atom bank, the Durham based Fintech, has made significant progress in the first quarter of its 2022 financial year passing several important income milestones. The Q1 results vindicate Atom’s business model and support a strong trajectory towards sustainable profitability.
During the 3 months April to June 2021, Atom reached £3bn of mortgage completions, passed £1bn of deposits into its Instant Saver product, grew total customer deposits 16% to £2.5bn and delivered its first month of operating profit.
- Kroll Business Connect allows compliance professionals to keep track of compliance requirements in a single, cloud-based platform
- Managers can assign automatic task reminders and notifications to ensure efficient task ownership
- The service is compatible with all compliance software or CRM systems
- Significant number of UK adults frequently missing out on best deals on their bills, by not comparing energy tariffs (18%), credit card deals (27%) or broadband offers (18%), as Yolt’s own proprietary user data1 demonstrates a significant rise in household spending
- One in five people (22%) are also ignoring bank statements, missing opportunities to reduce spending