InvestCloud, Inc, a provider of cloud-based front and middle-office solutions focused on digitizing customer experiences and internal operations for global investment advisors, today announced it has raised $45 million in growth equity funding. The round was led by FTV Capital and will be used to further invest in the company's state-of-the-art platform and functionality, enhance customer service, and expand the company's global footprint. Richard Garman, FTV Capital managing partner, has joined InvestCloud's board of directors.

Profile Software, an international financial solutions provider, announced today it has been shortlisted in the WealthBriefing GCC region awards as the only firm in three key technology categories, namely “Portfolio Management,” “On-boarding” and “Innovative Client Solution”, due to the recent developments implemented in its platforms.

NorthStar Asset Management Group Inc. (NYSE: NSAM) today announced it has entered into a definitive agreement to acquire an approximately 85% interest in The Townsend Group ("Townsend"), a  leading global provider of investment management and advisory services focused on real assets.

 Motorola Solutions (NYSE: MSI) now offers government and public safety customers expanded cybersecurity services to help protect against cyber attacks, especially as they share information across agencies and work together to solve crimes.

Allocated Bullion Solutions (ABS), an institutional electronic network for bullion trading, has been selected by the Futures and Industry Association (FIA) to showcase at the FIA Expo Innovators Pavilion. Innovators Pavilion is a new addition at the annual FIA Futures and Options Expo in Chicago, now in its 31st year of bringing together derivatives industry professionals worldwide. The Pavilion will be an opportunity for 20 companies who champion forward-thinking solutions for market participants.
 

MasterCard today announced it will provide tokenization services to commercial credit card issuers. Soon, corporations and business travelers will be able to load eligible corporate credit cards within participating mobile and digital wallet services.

Watch a short video about the value of tokenization support on corporate cards here.

The cost and resource burden of regulatory reporting has soared in recent years, and financial firms seek ways to meet deepening data requirements more efficiently and accurately while strategically evolving data architecture to improve performance and drive growth. To address these issues, financial services organizations are rethinking regulatory reporting and compliance as a holistic process and seeking end-to-end automation and governance—from data capture and analysis to reporting including final mile submission to regulators.

INDATA, a leading industry provider of software and services for buy-side firms, today announced the availability of its quarterly release of the iPM Epic platform for clients. 

Among the numerous front office enhancements included are:

Misys, the leading financial software company, announced today that the Vietnam Public Joint Stock Commercial Bank (PVcomBank) will implement its FusionBanking Essence Online and Personal Financial Management solutions to transform the bank’s digital banking capabilities for customers.

PVcomBank has over 100 banking branches and provides a full range of banking services. It is looking to upgrade to a next generation digital platform in order to gain a competitive edge in Vietnam’s aggressively growing banking industry.