State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
- 4 years 7 months ago
- Covid-19, Investment Management, Risk Management
State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.
SimCorp launches new machine learning initiative with start-up, Alkymi
- 4 years 9 months ago
- Investment Management
SimCorp targets institutional investment challenges with new machine learning initiative, in partnership with Alkymi.
Washington Trust Bank Expands Partnership to Baker Hill NextGen
- 4 years 9 months ago
- Investment Management, Risk Management, Alternative Finance
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.
Digital proxy voting to bring greater transparency, efficiency to Australian AGMs in 2020
- 4 years 9 months ago
- Investment Management, Infrastructure
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
FNZ has secured investment from Temasek
- 4 years 9 months ago
- Investment Management
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.
Investors aged 28-37 years invest in long-term loans most often
- 4 years 10 months ago
- Investment Management
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%).
Finastra strengthens its position in Israel with new office opening
- 4 years 10 months ago
- Investment Management, Cloud
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.
Lothian Pension Fund Streamlines its Investment Management Processes with Charles River IMS
- 4 years 10 months ago
- Investment Management
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.
Pine Labs announces investment from Mastercard
- 4 years 10 months ago
- Investment Management, Payments
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.
State Street Announces New Partnership With iCapital Network
- 4 years 10 months ago
- Investment Management, Alternative Finance
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.
Lu International Partners with KASIKORNBANK to Launch FinVest for Retail Investors in Thailand
- 4 years 10 months ago
- Investment Management
Lu International (Singapore) Financial Asset Exchange Pte. Ltd.
BNY Mellon announces innovative suite of services to deliver greater NAV oversight and contingency for the investment industry
- 4 years 10 months ago
- Fund Management, Investment Management, Banking
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
ING spins out advanced analytics portfolio tool Katana to accelerate its growth
- 4 years 10 months ago
- Investment Management, Banking
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.
Pennsylvania Public School Employees’ Retirement System selects SimCorp for multi-asset investment coverage
- 4 years 10 months ago
- Investment Management
SimCorp grows its community of North American pension plans, with the addition of Pennsylvania Public School Employees’ Retirement System…
Ripple Caps Record Year with $200 Million Series C Funding
- 4 years 11 months ago
- Blockchain, Investment Management
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
