MODIFI Raises US$24M in Equity to Create Global Trade Management hub for SMEs
- 2 years 7 months ago
- Trading Systems, Trade Finance, Management
Global fintech MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy's leading banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth and Picus Capital.
Accounting & Finance Show Asia 2021 (21-22 September 2021)
- 2 years 7 months ago
- Trade Finance, Payments, Accounting
The largest technology event in Asia for accountants and finance professionals Accounting & Finance Show Asia 2021 returns for its 4th edition, bringing together the region’s accounting and finance professionals
How to Become a Successful Stock Investor
- 2 years 8 months ago
- Trade Finance, Foreign Exchange, Investment Management
Stock investing can be challenging and complex sometimes, especially for newbies. That’s why anyone wanting to invest in the stock market needs to follow a few rules to become successful over time, as becoming a profitable stock investor can't be improvised. You need to be aware of what makes a good stock investor and what mistakes to avoid. So, what sets successful stock investors apart from non-profitable ones? 1# Invest in your education
Finastra Secures SWIFT Compatible Application Label for Trade Finance
- 2 years 8 months ago
- Trade Finance
Fusion Trade Innovation is recognized for supporting SWIFT SR2021 standards release ahead of changes to Category 7 type messages in November 2021
Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform
- 2 years 8 months ago
- Trade Finance, Insurance
LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of-the-art tech platform offers enhanced operational efficiency and transparency for all participants in the trade credit insurance market, including carriers, brokers, and policyholders.
Document Management Automation Software Opening News Doors For Finance Efficiency
- 2 years 8 months ago
- Trade Finance, Management
The distributed, complex management of paper-based invoice processing is a burden that weighs down many businesses, leading to large time delays and huge risks of error. This was proven to be the case in a recently commissioned independent research project that showed 23% of businesses took more than 10 working days to process invoices, and 29% of these were unable to process them in less than 20 days.
DSB Announces UPI Timeline and Seeks Views on Services and Costs
- 2 years 11 months ago
- Trading Systems, Trade Finance
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA), to facilitate the allocation and maintenance of ISINs, CFIs and FISNs for OTC derivatives, today announces that the second Unique Product Identifier (UPI) fee model consultation for 2021 is now open, focusing on the UPI timeline and seeking industry views on services and costs. The UPI is designed to facilitate effective aggregation of over-... more
oneZero Announces Three New Regulatory Vendors for Post-Trade Data Access
- 2 years 11 months ago
- Trade Finance
oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced three new post-trade Regulatory Vendors with direct access to oneZero’s Data Source data.
Torstone Technology And Digivault Partner To Enhance Post-trade Services For Digital Assets
- 2 years 11 months ago
- Trade Finance, Asset Management, SaaS
Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing, announced today that it has partnered with Digivault, a digital asset custody provider and custodial arm of Diginex, to provide Digivault’s clients with enhanced post-trade services while enabling Torstone Technology’s customers access to digital asset custody solutions.
The Derivatives Service Bureau Announces 2021 OTC ISINs Consultation is Now Open
- 2 years 11 months ago
- Trading Systems, Trade Finance
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the 2021 industry consultation on the 2022 OTC ISIN and CFI service provision is now open.
Russell Fernandes and Mark Price Announced as Co-Founders of 4OTC
- 3 years 1 week ago
- Trade Finance, Asset Management, People Moves
4OTC, the FinTech provider of connectivity services for Digital Assets and FX, today announced that Russell Fernandes and Mark Price have joined Alexis Atkinson as Co-Founders. Russell Fernandes is well known for his market and technical expertise and previously worked at Rabobank for 20 years, where he was ultimately Head of FX Development. In this role he was responsible for developing and maintaining multiple mission critical systems in FX... more
MODIFI Acquires PrimaDollar's SME Export Trade Finance Business
- 3 years 1 month ago
- Trade Finance, M&A Deals
PrimaDollar has made the strategic decision to focus on its category-leading supply chain trade finance platform. This is an enterprise, SaaS, technology solution that enables large and mid-sized importers to take control over how their international suppliers are funded and paid. With the increasing success of this platform and focus on larger clients, PrimaDollar's board has determined that its existing export customers, who are typically SMEs... more
DZ BANK Trusts Surecomp in Its Digital Trade Finance Transformation Journey
- 3 years 1 month ago
- Trade Finance
Surecomp®, the leading provider of global trade finance solutions for banks and corporates, today announced that DZ BANK, as part of its journey towards digitized trade finance operations, chose DOKA-NG™ to be its next generation digital trade finance platform.
Mauritius Commercial Bank Taps Windward’s AI Solution to Optimize Trade Finance and Compliance Processes
- 3 years 2 months ago
- Trade Finance, Compliance
Today, Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business.
