Investment Management

SimCorp launches new machine learning initiative with start-up, Alkymi

SimCorp targets institutional investment challenges with new machine learning initiative, in partnership with Alkymi. Read more »

Washington Trust Bank Expands Partnership to Baker Hill NextGen

Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, today announces a renewed partnership with Washington Trust Bank. Washington Trust Bank will be migrating to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio risk management for commercial, small business and consumer lending.  Read more »

Digital proxy voting to bring greater transparency, efficiency to Australian AGMs in 2020

Digital proxy voting by institutional investors is expected to become a bigger focus at Annual General Meetings in 2020 after the successful deployment in Australia of Citi’s ProxymitySM voting platform, in collaboration with Computershare, during the recent AGM season. In its first large-scale adoption in Australia in late 2019, Proxymity was employed for 561 Australian shareholder meetings with votes covering A$86 billion (US$58 billion)... more Read more »

FNZ has secured investment from Temasek

FNZ, the global platform-as-a-service provider, has secured an investment from Temasek, a global investment company headquartered in Singapore. FNZ, which specialises in wealth management technology and serves many of the world’s largest financial services companies, will benefit in particular from Temasek’s significant presence and experience in Asia as it looks to grow its business in the region over the coming years. Read more »

Investors aged 28-37 years invest in long-term loans most often

Analysts of the P2P platform Robo.cash have studied the profile of its users investing in long-term loans. Based on the platform’s statistics, they have revealed that most often, loans issued for a period of 12 months are chosen by investors aged 28-37 (41.9%).   Read more »

Finastra strengthens its position in Israel with new office opening

Finastra is investing further in Israel with a new office in Kfar Saba, just outside Tel Aviv. The office, which is home to over 330 employees, offers more space for the Finastra team to grow as the company strengthens its position in the country, and provides an ultra-modern workspace to inspire creativity and facilitate collaboration. Read more »

Lothian Pension Fund Streamlines its Investment Management Processes with Charles River IMS

Lothian Pension Fund, the Edinburgh-based local government pension scheme provider, has completed the implementation of the Charles River Investment Management Solution (Charles River IMS) to help strengthen its investment processes and provide capacity for expansion of its third-party services. Read more »

Pine Labs announces investment from Mastercard

Pine Labs, one of Asia’s leading merchant commerce platforms, announced an investment by Mastercard that underscores confidence in India’s growing economy. The investment is part of a partnership to continue the rapid growth of convenient electronic payment options for consumers across the region. The collaboration will deliver an extensive range of card and real-time payments-based instalment financing at checkout – in-store and online. Read more »

State Street Announces New Partnership With iCapital Network

State Street Corporation (NYSE: STT) today announced it has entered into a new partnership with iCapital Network[1], the financial technology platform setting the industry standard for delivering access and efficiency in alternative investing. Read more »

BNY Mellon announces innovative suite of services to deliver greater NAV oversight and contingency for the investment industry

The Bank of New York Mellon Corporation (“BNY Mellon”) today announced a new suite of oversight and contingent Net Asset Value (NAV) calculation solutions to complement its existing fund accounting capabilities for clients. These new services are designed to drive greater transparency, efficiency and risk management for asset managers and asset owners. BNY Mellon’s new NAV offerings, which are platform and provider agnostic, set a new industry... more Read more »

ING spins out advanced analytics portfolio tool Katana to accelerate its growth

ING announced the spin-out of Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper investment decisions. To enable further growth and to pave the way for an independent future for Katana, ING Ventures will invest a further £1.5m alongside other investors, as part of a £3 million funding round. Katana Labs ltd has incorporated in the UK and has its offices in London. Read more »

Pennsylvania Public School Employees’ Retirement System selects SimCorp for multi-asset investment coverage

SimCorp grows its community of North American pension plans, with the addition of Pennsylvania Public School Employees’ Retirement System… Read more »

Ripple Caps Record Year with $200 Million Series C Funding

Today, Ripple is thrilled to announce $200 million in Series C funding—an investment that marks a record year for the business and further proves the value of blockchain technology in improving global payments and the broader utility of the digital asset XRP and the XRP Ledger. The Series C was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. These notable investors not only underscore Ripple’s long-term potential, but... more Read more »

Foresight invests £2.0 million into innovative ultrasound technology company Novosound

Foresight Group (“Foresight”) is pleased to announce a £2.0 million investment as part of a £3.3 million round into award-winning novel thin film ultrasound technology company Novosound Ltd (“Novosound” or the “Company”).  The Foresight Williams Technology EIS Fund led the round, investing £1.5 million alongside £500,000 from the Foresight Scottish Growth Fund, financed by the Scottish Growth Scheme through a combination of Scottish Government... more Read more »

BNY Mellon and SimCorp Partner to Deliver Optimized Data Integration and Transparency through Open Architecture

The Bank of New York Mellon Corporation (“BNY Mellon”) and SimCorp today announced a collaboration that connects BNY Mellon’s range of custody capabilities—including settlement, safekeeping, and cash and securities services—with SimCorp’s integrated front-to-back investment management system, SimCorp Dimension®. The new connectivity provides mutual clients globally with enhanced operational efficiency and transparency in core investment... more Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel