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SIX Launches Tax Efficiency Tool for Wealth and Asset Management

SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.

Wednesday, September 23, 2020 - 09:02
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Financial IT
CloudMargin Raises $15 Million in Series B Funding Round

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.

Tuesday, September 22, 2020 - 22:06
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Financial IT
illimity Launches Italy's Largest Open Banking Platform

The Boards of Directors of illimity Bank S.p.A. (“illimity”), Banca Sella Holding S.p.A. (“Banca Sella Holding”), Fabrick S.p.A. (“Fabrick”) and Hype S.p.A. (“HYPE”), held yesterday, approved the agreement for the entrance of illimity in HYPE, thus giving rise to a Joint Venture equally owned by illimity and Fabrick (until now holding 100% of HYPE shares and, in turn, controlled by Banca Sella Holding S.p.A).

Tuesday, September 22, 2020 - 21:58
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Financial IT
AI Firm Sidetrade Announces H1 2020 Results

Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, announces record first half results, with income up 14% and net profit up 103%, while pursuing an offensive investment strategy.

Olivier Novasque, chief executive officer of Sidetrade, had this to say:

Tuesday, September 22, 2020 - 21:45
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/news/artificial-intelligence/ai-firm-sidetrade-announces-h1-2020-results
Financial IT
BSO Broadens On-Demand Cloud Connect Offering With Alibaba Cloud

BSO, the lead

Tuesday, September 22, 2020 - 21:39
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Financial IT
Finzly Wins “Best Enterprise Payments Solution” and “Best of Show” at FinovateFall 2020

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, has been awarded “Best Enterprise Payments Solution” for Payment Galaxy (Finzly’s Payment Hub) at the 2020 Finovate Awards.

Tuesday, September 22, 2020 - 19:57
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Financial IT
Kroll Enhances Managed Detection and Response Solutions with Kroll Responder

Kroll, a division of Duff & Phelps, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has elevated its managed detection and response (MDR) capabilities with Kroll Responder. Responder is a turnkey solution delivering 24x7 MDR, merging robust monitoring, proactive threat hunting and superior incident response by Kroll’s seasoned investigators to provide unrivaled visibility and augment organizations’ security operations.

Tuesday, September 22, 2020 - 18:04
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Financial IT
Reech Corporations Group Launches Odysseus Investments to Drive Digitisation of Traditional Sectors

Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new growth investor – Odysseus Investments. The  business will be headed up by Adam Battersby, formerly Head of Global Principal Investments at BofA Merrill Lynch.

Tuesday, September 22, 2020 - 17:11
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Financial IT
Refinitiv Wealth Management brings Enhanced Scale to AssetMark’s Platform for Financial Advisors

Refinitiv today announces a new collaboration with AssetMark, a leading provider of Wealth Management and technology solutions, to bring added resource, scale and innovation to AssetMark through the Refinitiv BETA platform. The alliance further demonstrates Refinitiv’s commitment to the Wealth Management industry by supporting AssetMark’s ongoing mission to evolve its solutions and services to meet the ever-changing needs of financial advisors and their investor clients.

Tuesday, September 22, 2020 - 17:03
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Financial IT
EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future

EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, today announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.

Tuesday, September 22, 2020 - 17:00
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Financial IT

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