INDATA, a leading industry provider of software, technology and services for buy-side firms, today announced that Renaissance Investment Management, an institutional and high net worth investment manager with approximately $4.4 Billion in AUM, based in  the Greater Cincinnati Area  has expanded their use of INDATA’s Intelligent Portfolio Management® software suite.  The firm has implemented iPM Cloud, INDATA’s private cloud solution and upgraded to the latest version of the software, iPM Epic.

New research from FIRST, a leading global events agency, reveals that over the next three years, 73% of pension professionals expect schemes to increase their allocation to infrastructure.    The corresponding figures for hedge funds, private equity and real estate are 31%, 51% and 38% respectively. 

GE announced the appointment of four new Company officers.

Ramesh Singaram has been promoted to Vice President, Commercial for GE’s Power Services business. Ramesh joined GE in 1994 and has been promoted through a series of sales jobs at GE Power over his 22 years at the company. Ramesh earned a bachelor’s degree in mechanical engineering from University of Teknologi in Malaysia.

Baker Hill, a leading provider of SaaS solutions for common loan origination, relationship management and smart data analytics, has partnered with Compliance Systems, Inc. (CSi) to strengthen risk management and document compliance for financial institutions when originating and underwriting consumer and commercial loans.

RS Software Ltd., the leading vertically integrated technology solution provider to the global digital payments industry, today announced that it has joined Apigee’s Digital Partner Program. Apigee’s leading API management software empowers organizations to securely deliver and manage APIs, with agility and at scale. Apigee’s Digital Partner Program members combine Apigee products with their technology expertise and services to design and implement digital solutions.

Amongst other things, MiFID II’s transparency reforms intend to clean up the quality of post-trade data and eradicate duplicate prints – long-suffered bugbears for investment firms. But in simply stating the rules, ESMA has left buy- and sell-sides puzzling over just how significant a change this is.

Capital Index is pleased to announce the launch of its dedicated Capital Index China website (www.capitalindex.com/cn) as the next step in its planned international expansion as business growth continues.

On the launch of Capital Index China, Robert Woolfe, Chief Executive of Capital Index comments;

 Tech Data Corporation  announced that it has entered into a definitive agreement to acquire the Technology Solutions business from Avnet, Inc. (NYSE:AVT) for $2.4 billion in cash and 2.785 million shares of Tech Data common stock, in a transaction valued at approximately $2.6 billion, based on a 15-day weighted average closing stock price.

Brought to market by Musa Jammeh and Taimoor Iqbal of Route Trading Ltd (an experienced UK financial services compliance professional, and a tech entrepreneur with a background in money transfer),MoneyRouter is the first instant verification system to help thwart money laundering.