Barings, one of the world's leading asset management firms, announced that it served as joint lead arranger and administrative agent on first lien senior secured credit facilities to support Genstar Capital's investment in Professional Datasolutions Inc. ("PDI") and strategic partnership with TA Associates. Ares Capital Corporation served as joint lead arranger and administrative agent on the second lien credit facilities.
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Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced today that it now protects Ecobank’s infrastructure from cyber-attacks with Radware’s Hybrid Attack Mitigation Solution, which includes both on-premises and cloud-based Distributed-Denial-of-Service (DDoS) mitigation.
In many a conversation with banks, the discussion very quickly comes around to angst about real-time payments taking market share from the proven revenue sources such as wires and cards. Depending on who I talk to, some even point to Cash as being the cheaper alternative (although they are in the minority). As U.S. Army General, Eric Shinseki had once said, “If you don’t like change, you’re going to like irrelevance even less.” Still, it seems to me that not enough thought is being given to how they will transform behavior and what are the implications of that.
InvestCloud Inc., a global FinTech firm, has partnered with Back Office Support Service (BOSS) to launch Synergy. The new solution integrates InvestCloud’s digital platform with BOSS’s data cleansing prowess.
Synergy allows investors and managers to better leverage their custodial data by enhancing its quality – through reconciliation and data cleansing – ensuring all information is up to date and accurate. This data is then pulled into the InvestCloud digital platform, enabling investors and managers to make better decisions with better information.
Quantrix, a leading provider of business and financial modeling software, has today released ‘Quantrix 2018’ at its annual Dimension Conference, currently taking place in Portland, Maine.
‘Quantrix 2018’ is an end-to-end enterprise modeling solution available in the cloud. The new offering adds to the existing cutting-edge Quantrix modeling technology, and extends Quantrix’s cloud offering via enhanced Software-as-a-Service (SaaS) capabilities, enabling customers to access enterprise-level features.
The Internet of Things (“IoT”) is at the core of digital transformation in 2017, with 73 percent of executives either researching or currently deploying IoT. Manufacturing, transportation and utilities make up the largest percent of investments, while insurance and consumers represent the fastest areas of spending growth.