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Financial Information Business Ontology (FIBO): Architecture, Use Cases, and Implementation Challenges

Fintech Staff Writer
by Fintech Staff Writer0
Financial Information Business Ontology (FIBO) represents an important advancement in the way financial institutions manage and interpret data. Developed by the Enterprise Data Management (EDM) Council, FIBO is a formal ontology that provides a structured approach for defining financial terms, relationships, and processes. FIBO is designed to standardize data across......
DigitalEx Unveils Game-Changing LLM Cost Management Solution to Maximize AI Investment
Artificial Intelligence Finance Fintech News

DigitalEx Unveils Game-Changing LLM Cost Management Solution to Maximize AI Investment

PR Newswire
by PR Newswire0
DigitalEx, the leading FinOps platform renowned for its multi-cloud and private cloud expertise, today unveiled a groundbreaking solution addressing one of the most pressing challenges in the AI industry: managing the costs associated with Large Language Models (LLMs). As businesses increasingly integrate AI into their core operations, DigitalEx’s latest offering......
Nitrogen Deepens Functionality of Investment Research, Financial Planning, and Advisor Marketing Products
Investment Services News

Nitrogen Deepens Functionality of Investment Research, Financial Planning, and Advisor Marketing Products

Business Wire
by Business Wire0
Client engagement innovator reveals summer 2024 product releases to expanded software platform; More than 1,000 financial advisors attend the unveiling Nitrogen (formerly Riskalyze), the company that is revolutionizing how wealth management firms scale the delivery of personalized advice and client engagement, announced the availability of its summer 2024 product release.......
Arcesium Unveils Opterra Investment Lifecycle Management Platform Empowering Investment Firms to Drive Operational Alpha
Fintech Investments News

Arcesium Unveils Opterra Investment Lifecycle Management Platform Empowering Investment Firms to Drive Operational Alpha

Business Wire
by Business Wire0
Arcesium launches next iteration of its operational platform allowing investment managers to unlock growth through optimized operations and accelerated data strategies Arcesium, a leading provider of investment lifecycle and data management technology for the global investment industry, today launches its next-generation operational platform, Opterra, designed to enable investment managers to......
Bitget Wallet Announces Investment in New Asset Trading Platform Tomarket, Targeting Trillion-Dollar Markets Beyond DEXs
Finance Fintech Investments News Trading

Bitget Wallet Announces Investment in New Asset Trading Platform Tomarket, Targeting Trillion-Dollar Markets Beyond DEXs

PR Newswire
by PR Newswire0
Leading Web3 wallet and DeFi platform Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes. Developed by industry experts from prestigious firms with the likes of Binance and Microsoft, Tomarket is designed to address markets and user needs beyond those......
BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers
Investment Services News

BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers

Business Wire
by Business Wire0
Funding round led by industry leaders, strategic partners, and management team will fuel next stage of growth and innovation BlueFlame AI (BlueFlame), the generative AI platform for alternative investment managers, announced the successful completion of its Series A funding round. The $5 million private funding round, which was oversubscribed by......
Numerated-Secures-Strategic-Investment-from-Citi-to-Enhance-Offering-of-AI-Driven-Financial-Analysis-for-Commercial-Lending
Fintech Investments News

Numerated Secures Strategic Investment from Citi to Enhance Offering of AI-Driven Financial Analysis for Commercial Lending

Business Wire
by Business Wire0
Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process. Financial institutions face the challenge......
Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners
E-commerce Investment Services News

Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners

PR Newswire
by PR Newswire0
Round brings Finaloop’s total funding to $55 million as it revolutionizes the way e-commerce and retail brands handle their finances Finaloop, the real-time e-commerce accounting platform, announced it has raised a $35 million Series A round. Lightspeed Venture Partners led the round with participation from Vesey Ventures, Commerce Ventures, and existing investors, Accel and Aleph. The latest funding round, which brings......
FICO-Platform-Produced-a-Significant-Return-on-Investment-for-Businesses-According-to-New-Total-Economic-Impact-Study
Fintech Investments News

FICO Platform Produced a Significant Return on Investment for Businesses According to New Total Economic Impact Study

Business Wire
by Business Wire0
The report examines the ROI enterprises received by deploying the platform from different stages in various industries over three years. Highlights: A commissioned study conducted by Forrester Consulting, on behalf of FICO, found that FICO® Platform customers noted improved customer retention, significant cost savings by upgrading legacy infrastructure, and heightened......
New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024
Finance Fintech Investments News

New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024

Business Wire
by Business Wire0
Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. According to a new forecast from the International Data Corporation (IDC) Worldwide Edge......
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