Securities Services

Solactive Launches Solactive Digital Economy Index

Solactive and Belfius are launching a smart beta strategy allowing investors to gain exposure to the digitalization trend affecting world economies and societies. Specifically, the new Solactive Digital Economy Index mirrors the performance of 50 European companies whose business models are likely to be impacted by the process of digitalization, while tilting the composition towards dividend-paying low- volatility stocks. The Index is licensed... more Read more »

Freetrade raises £1.1 million on Crowd Fundraising Campaign

Freetrade, an app-only stockbroker service designed to democratise access to the stock market by offering zero commission on global transactions, or account minimums, has raised £1.1 million within 12 days of its second Crowdcube, crowd fundraising campaign. This is over 360% of its £300,000 fundraising target. This funding raised will be used to support the first year of operations and Freetrade will be launched in 2017 and will be available on... more Read more »

Ayming UK partners Cova Advisory for global expansion

Ayming, the international business performance consultancy, today announced a new strategic partnership between its UK arm and Cova Advisory, a leading South African consultancy on investment incentives, to enable both partners to expand their global footprint. Read more »

Symvan Capital aims at £10m for Technology EIS investment fund

Symvan Capital, provider of tax-efficient disruptive technology investment opportunities, is targeting a £10 million fundraising for its new high-growth technology EIS fund. This fund will benefit from the government’s Enterprise Investment Scheme (EIS). Namely, capital gains on disposal of shares are freed from Capital Gains Tax after three years, relieved capital gains or income is available for EIS shares which are disposed of at any time at... more Read more »

Sift Releases Free App for iOS And $1.5 Million Seed Round Investment

Today, Sift, a free application that maximizes credit card benefits and earns reimbursements for consumers, announced a $1.5 million Seed Round and the public release of their app, available for iOS on the App Store. Sift is the first service to provide comprehensive coverage for hidden benefits, including price adjustment refunds, extended warranties, return protection, and beyond for 90 percent of all credit cards in the United States. Read more »

Swiss Finance Council Represents a New Discussion Paper

On the occasion of its third public event in Brussels, the Swiss Finance Council (SFC) presents its new Discussion Paper entitled ‘The EU and its Partners: Banks and Investors in a Digital World’. Read more »

TORSTONE TECHNOLOGY CONTINUES EXPANSION IN JAPAN

Torstone Technology is the leader in post-trade securities and derivatives processing. Today it has announced plans to further expand its services in Asia, supported by senior appointments in Japan, and the signing of a multi-year deal with another new client, Natixis Japan Securities Co. Ltd, to use Torstone’s collateral management module. Read more »

UK Bond Network Gets FCA Authorisation

UK Bond Network, the corporate bond investment and financing platform, has received direct authorisation from the Financial Conduct Authority. The approval from Britain’s financial regulator is a landmark for the company and follows the successful completion of the FCA’s authorisation process over several months to ensure regulatory standards are met. Previously, UK Bond Network operated under a regulatory ‘umbrella’, offering services under an... more Read more »

$1.5 Billion Investment For BBVA Bancomer

BBVA Executive Chairman Francisco González expressed his commitment to Mexico during his visit to Mexico City, announcing new investments to move forward the transformation process at BBVA Bancomer. “We are going to invest $1.5 billion,” he said, following a meeting with Mexican Minister of Finance and Public Credit, José Antonio Meade. The 5-year investment plan will help BBVA Bancomer to leverage technology and develop solutions for its... more Read more »

Asia-Pasific eclipsed North America in Fintech Investments in 2016

Global investment in financial technology (fintech) ventures grew 10 percent in 2016, to US$23.2 billion, driven primarily by a wave of blockbuster deals in China, according to Accenture (NYSE:ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm. “Alibaba and JD.com were two major fintech investors this year, as they focus on providing their customers with end-to-end services including payments and lending” Read more »

UK accountancy firms heavily invest in technology, even if their partners` profit declines

According to Wolters Kluwer survey, a leading provider of tax and accounting software and information, the leading UK accountancy firms saw profit decline last year, as they invested heavily in technology to improve services to their clients.  The annual survey of the financial health of the Top 75 firms, conducted by Wolters Kluwer’s Accountancy magazine, found that the sector had enjoyed its seventh consecutive year of fee income growth. Read more »

Nymbus secures $16 Million in a Funding Round to lead digital transformation

NYMBUS Inc., provider of the world’s most current mission-critical core technology available to financial institutions, closed additional $16 million funding round led by Home Credit Group. Following a $12 million funding round just six months ago, NYMBUS is well-positioned to continue its accelerated expansion plans.Home Credit Group is an international consumer finance provider with operations in 11 countries and headquartered in the... more Read more »

H.I.G. Growth Partners Completes Strategic Investment in SCUF Gaming

H.I.G. Growth Partners (“H.I.G.”), the dedicated growth capital investment affiliate of H.I.G. Capital, announced that it has completed a strategic investment in SCUF Gaming (“SCUF” or the “Company”), the leading designer, manufacturer, and e-commerce platform for sales of advanced feature, customized gaming controllers and accessories for use on PlayStation, Xbox and PC. Read more »

Small Business Minister Arranges Meeting with Entrepreneurs at Barclays Notting Hill Eagle Lab

Minister for Small Business, Margot James MP met with businesses in Barclays’ Notting Hill Eagle Lab on Thursday to discuss the challenges and opportunities faced by growing SMEs and entrepreneurs. The Barclays’ Eagle Lab is one of nine sites across the UK focussed on supporting businesses through co-working space and providing tools such as 3D printers and laser cutters- aimed to help small businesses with their prototyping and digital skills. Read more »

Fincons Group Awarded for Investment in the UK

Fincons Group, a leading IT Business Consulting and System Integration company, was officially awarded recognition for its investment in the UK. The Group, headquartered in Bern - Switzerland and with different offices in Italy, has recently expanded operations to the UK and opened an office in London.  Read more »

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