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Counterpart Names Claudette Kellner as Insurance Product Lead and Eric Marler as Head of Claims
Counterpart, the most advanced management liability platform announced the appointment of two insurance industry veterans to the company’s leadership team. Claudette Kellner has been hired as Insurance Product Lead and Eric Marler joins as Head of Claims.
JC Flowers Closes Fifth Private Equity Fund with More Than $1.1 Billion in Commitments
JC Flowers & Co. LLC a leading private investment firm dedicated to investing globally in the financial services industry, announced today it has completed fundraising for its fifth private equity fund, J.C. Flowers V L.P. (together with parallel vehicles, “JCF V”), with more than $1.1 billion in commitments.
Overbond Secures New Round of Funding From Fitch Ventures for Its International Expansion
Overbond, the leading API-based credit trading automation and execution service in the global capital markets, has secured funding from Fitch Ventures, the equity investment arm of Fitch Group, which is a global leader in financial information services. Overbond will use the capital to grow its sales and marketing division with plans to open an office in London, U.K., and double its headcount over the coming year. In addition, through new cloud-based data redistribution channels, Overbond will grow its global presence, integrate new data sources to expand its AI models’ coverage and provide enhanced AI trade automation solutions for clients.
Savana Announces $45 Million Series A Funding Round Led by Georgian
Savana, an industry leader in financial software for banks and fintech’s, announced the closing of a $45 million Series A round led by Georgian, a growth-stage investor based in Toronto, Canada. The funds will be used to drive continued growth of Savana’s core-agnostic Digital Delivery Platform, ramp up its go-to-market activities, and accelerate its roadmap of new capabilities.
Nevada State Bank Completes Acquisition of Three Northern Nevada Branches from City National Bank
Nevada State Bank, a division of Zions Bancorporation, N.A., has finalized the acquisition of three Northern Nevada City National Bank branches and their associated deposit, credit card, and loan accounts.
Breaking Wave, Deutsche Bank’s Innovative Fintech, Selects Relativity Trace for Compliance Monitoring
Relativity, a global legal and compliance technology company, announced that Breaking Wave, a Deutsche Bank company building a digital future for the bank and its customers, has implemented Relativity’s AI-powered communication surveillance product Relativity Trace to advance their compliance and regulatory efforts. Relativity Trace proactively detects regulatory misconduct like insider trading, collusion and other non-compliant behavior.
