Search Results for: Platform Product Management
Bitfury Surround is Creating a Bespoke Ecosystem for the Music Industry
The music industry needs its own version of aviation’s black box flight recorders: something reliable and indestructible that records every move, something you can turn to when trouble strikes. That’s why leading emerging technologies company Bitfury Group is developing Surround, a new blockchain-based ecosystem for developers and music professionals. “No one is looking......
SS&C Technologies to Acquire Innovest Systems
Strategic acquisition will complement SS&C services for trust companies SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced it has entered into a definitive agreement to acquire Innovest Systems for a total consideration of $120 million. New York-based Innovest builds systems for trust accounting, payments and unique asset servicing on modern, web-based technology. The purchase......
Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among Customers That Signed On With BlackLine In Q1 2020
Enterprise and midsize companies worldwide continue to modernize Finance & Accounting operations with BlackLine; more than 3 billion transactions imported in Q1 alone Leading financial close and accounting automation software provider BlackLine, Inc. (Nasdaq: BL) continued to expand its global customer base during the first quarter of 2020 adding a broad range of large......
SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities
SIMON Markets LLC and SIMON Annuities and Insurance Services LLC (“SIMON”) and Raymond James Financial (“Raymond James”) have now unveiled integration that brings SIMON’s end-to-end digital platform for annuities to all 8,000+ Raymond James advisors. The new partnership extends SIMON’s best-in-class insurtech solution to Raymond James’ national network of advisors,......
Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software
Abrigo, a leading provider of compliance, credit risk, lending, and asset/liability management solutions, today announced upgrades to BAM+, its financial crimes detection software, including the addition of five transparent artificial intelligence/machine learning (AI/ML) anti-money laundering (AML) scenarios and the ability to direct file Suspicious Activity Report (SAR) and Currency Transaction......
Docupace Secures Growth Equity Investment from FTV Capital
Docupace, the leader in cloud-based digital operations software for wealth management firms, announced it has secured a significant growth equity investment from FTV Capital, a sector-focused growth equity investment firm. This investment enables Docupace to expand its product and service offerings to its broker-dealer, registered investment adviser (RIA) and insurance......
Agora Services to Launch Its White Label Teen Account as an App on Finastra’s FusionFabric.cloud
Agora Services is working to include its white label Teen Account (“Agora Junior”) in Finastra’s FusionStore. The app is currently being integrated with Finastra’s open APIs on Finastra’s platform for open innovation, FusionFabric.cloud. Read More: Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit .@AgoraservicesNY to launch its White......
Covered by SAGE Secures $6M Seed Funding From NFX, Acorns and Betterment Co-Founders, and Tectonic Capital to Build A Tech Powered Insurance Brokerage
The insurtech startup aims to transform the role of retail agents in today’s insurance ecosystem Covered by SAGE, a modern, tech-enabled Property and Casualty (P&C) insurance brokerage revolutionizing the insurance industry, announced it has successfully closed a $6 million seed round, led by NFX with participation from Tectonic Capital and Treasury,......
Open Banking: Will Open Banking Help Reduce Information Asymmetry Between Consumers and Finserv/Fintech Companies?
Open banking is a banking policy that allows third-party financial service providers to access consumer banking, transactional, and other financial data from banking and non-banking financial institutions through Application Programme Interfaces (APIs). This practice has the potential to shape the consumer’s experience of banking services. Under open banking, banks enable......