UK Is a Leader of Tech Investment
- 8 years 3 months ago
- Investment Management
The UK’s technology sector drew more investment than that of any other European country in 2016, according to data from London & Partners, the Mayor of London’s promotional company. The research also showed London remains a leading hub for tech investment, attracting significantly more money than any other major European city last year. Measuring activity across private equity and venture capital deals, more than £6.7 billion ($9.5bn) was... more
HSBC Private Bank Taps Bloomberg's MARS Collateral Management and Reconciliation Solution
- 8 years 3 months ago
- Management, Infrastructure
Bloomberg today announced that HSBC Private Bank, and more than a dozen corporations and financial institutions, have adopted Bloomberg's MARS Collateral Management and reconciliation solution to comply with new variation margin requirements for non-centrally cleared over-the-counter (OTC) derivatives.
Linedata upgrades Mfact solution
- 8 years 3 months ago
- Fund Management, Accounting
Linedata the global solutions provider dedicated to the investment management and credit industries, has launched a new version of its award winning fund accounting solution, Linedata Mfact.
Reval Named Best Treasury Management & Bank Connectivity System
- 8 years 3 months ago
- Treasury
Reval’s Software-as-a-Service (SaaS) solution for treasury and risk management was recognized as the industry’s Best Treasury Management System in the 2016 TMI Awards for Innovation & Excellence, hosted by
iShares Guides Global ETF Industry with Record Incomes of $140bn
- 8 years 4 months ago
- Investment Management, Risk Management
BlackRock, Inc.’s (NYSE:BLK) iShares business led the global ETF industry in 2016, winning a record $140bn in new flows, powered by moves into bond, Core and smart beta ETFs. Representing 13% organic growth, iShares 2016 flows reflect the global scale, diverse product range and continued innovation of the iShares business. Overall, the global ETF industry saw net inflows of $375bn in 20161, surpassing the previous year’s total of $348bn2.... more
B. Riley & Co. Acts as Joint Book-Running Manager on $20 Million Public Offering for Red Lion Hotels Corporation
- 8 years 4 months ago
- Asset Management, Infrastructure
B. Riley & Co., LLC (B. Riley), a full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc., acted as a joint book-running manager in the underwritten public offering of 2.5 million shares of common stock of Red Lion Hotels Corporation (RLHC), which includes the full exercise by the underwriters of their option to purchase an additional 249,999 shares. RLHC priced the 2.5 million shares of its common stock at... more
TCF Bank Raises $50,000 for Make-A-Wish® Minnesota
- 8 years 4 months ago
- Investment, Investment Management
TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), today announced that it raised more than $50,000 for Make-A-Wish Minnesota. Donations were accepted at all 98 TCF Bank branches in Minnesota and collected during team member fundraising events. During the past two years, TCF Bank customers and team members donated more than $150,000 to the
CreditEase Wealth Management Named China's "Best Non-Bank Private Wealth Product"
- 8 years 4 months ago
- Wealth Management
CreditEase Wealth Management was named winner of the "Best Non-Bank Private Wealth Product" by The Asian Banker, a Singapore-based leading provider of strategic intelligence on the financial services industry, on December 14. Being the only winner of the award conferred by the Asian Banker for wealth management products is a great honor of CreditEase Wealth Management.
SEB Taps SimCorp Dimension as Its New Back Office Solution
- 8 years 4 months ago
- Investment Management
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that SEB, a Swedish financial services firm, has selected SimCorp Dimension as its new back office platform, including transaction processing, reconciliation, settlement,accounting and derivatives processing.
Munnypot launches robo-advice service
- 8 years 4 months ago
- Investment Management, Wealth Management, Consultancy
Munnypot, a new service offering affordable online financial advice, today announces it has soft launched, with the backing of respected industry partners. Munnypot is a robo-advice and investment service that anyone can use to get straightforward financial advice in a language they can understand, at a fraction of the cost of a financial adviser or wealth manager. Munnypot soft launched to consumers in December and will be ramping up its... more
qbeats Welcomes Morningstar into the Fold
- 8 years 4 months ago
- Asset Management, Fund Management, Data Hubs, Market and Reference Data
qbeats has announced the addition of articles from Morningstar, Inc., one of the leading providers of independent investment research in North America, Europe, Australia, and Asia to its publishing platform. For the first time, qbeats customers (investors, financial advisors, asset managers, and retirement plan providers and sponsors) will be able to access Morningstar content on a pay-per-view basis, powered by qbeats' 'QMV'*.
PEFCO Achieves Operational Efficiency with Reval and Oracle Financials Cloud
- 8 years 4 months ago
- Risk Management, Treasury, Cloud
Private Export Funding Corporation (PEFCO) is now able to automatically post general ledger entries from Reval directly to Oracle Financials Cloud, leveraging Reval’s cloud-to-cloud integration with Oracle earlier this year.
JLL signs SS&C to support its agency lending operations
- 8 years 4 months ago
- Management, Investment Management, Wealth Management
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that JLL has selected SS&C's Precision LM™ commercial/multifamily loan management solution to support its agency lending operations.
Mitsubishi UFJ Capital invests in Kyriba
- 8 years 4 months ago
- Cash management, Risk Management, Treasury, Cloud
KyribaCorp, the global leader in cloud-based treasury, cash and risk management solutions,t oday announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics,healthcare, and technology investments, has joined Kyriba’s Series D funding round. Leading the Japanese market in cloud-based financial solutions, Kyriba has more than 50 clients in Japan, including marquee clients Konica Minolta, Nissin Foods, and... more
