business news - FinTecBuzz https://fintecbuzz.com Fintech News Tue, 28 Nov 2023 14:55:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fintecbuzz.com/wp-content/uploads/2019/04/cropped-Original-black-FinTech-512-32x32.png business news - FinTecBuzz https://fintecbuzz.com 32 32 Bitget introduces MegaSwap for a re-invented DeFi experience https://fintecbuzz.com/bitget-introduces-megaswap-for-a-re-invented-defi-experience/ https://fintecbuzz.com/bitget-introduces-megaswap-for-a-re-invented-defi-experience/?noamp=mobile#respond Wed, 28 Dec 2022 17:30:49 +0000 https://fintecbuzz.com/?p=39909 Merging CeFi security and convenience to DeFi trading environment

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Leading global cryptocurrency exchange, Bitget launches “MegaSwap“, a new feature on its platform that enable the platform’s users to trade or swap their digital assets for over 10,000 cryptocurrencies on a DeFi environment. With a MegaSwap account, users can gain access to trade through eight influential chains and 10 important DEXs while staying on Bitget’s platform. The feature bridges the freedom and variety of DeFi with the security and convenience of CeFi, enabling users to enjoy the best of both worlds.

While CEX users enjoy secured trading experiences with diversified products and services, DEXs are also gaining increasing traction amongst investors who want to get a hold of a more variety of tokens fast. However, trading on DEXs is not for everyone. Due to the knowledge barrier and the lack of protection with assets stored on DeFi wallets, many users are deterred from getting involved with DEXs.  In light of this, MegaSwap is designed to satisfy users with the demand for trading in convenience and safety, while enjoying asset variety and high liquidity at the same time,  allowing users to integrate a centralized trading experience in DeFi marketplaces.

Users only have to activate the MegaSwap account with a few clicks to unlock the function of trading over 10,000 cryptocurrencies on 10 leading DEXs, such as Uniswap, Pancake, Curve, Sushiswap, and more. Empowered by the variety of DEXs, MegaSwap is equipped with the best options for liquidity pools out there. The feature currently supports transactions on eight different chains, including ETH, BSC, Polygon, OP, Fantom, Klay, HECO and OEC. With the assistance of MegaSwap, users can complete cross-chain swaps effortlessly and straightforwardly in one place.

Aside from combining the advantages of CEX and DEX, MegaSwap even further smoothens the trading experience by streamlining payment of gas fees. Compared to normal DeFi trading, where traders have to prepare different chain-native tokens to pay for gas fees incurred from the transactions, MegaSwap automatically converts gas fees from stablecoin balances in the user’s accounts, allowing users to trade with minimum effort.

Gracy Chen, Managing Director of Bitget, says, “MegaSwap is an important step taken by Bitget in building a safe, dynamic and robust one-stop trading experience to reach the critical mass. Facing fluctuation and uncertainty in recent trading markets, we observe that users and investors long for the protection of assets without sacrificing convenience and performance. And MegaSwap provides the right solution to connect the dots, which enables users to enjoy the upsides of DEX and the heightened protection covered by Bitget’s platform. We value offering users a variety of options and liquidity, and at the same time, pair with our top-notch security measures and risk management, including hot and cold wallet separation, multi-signature wallet, Zero Trust security architecture and a lot more to protect users’ assets. ”

Gracy adds, “DeFi has become a crucial element of this ever-evolving crypto space, and is also playing a part in enriching asset variety and diversifying the crypto ecosystem with CeFi. We aim to be the portal that seamlessly connects CeFi and DeFi with MegaSwap, as we actively listen to our community and users to cater to changing market needs and keep ourselves on top of market trends.”

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BitcoinIRA Wins Bronze in 12th Annual Best in Biz Awards https://fintecbuzz.com/bitcoinira-wins-bronze-in-12th-annual-best-in-biz-awards/ Wed, 21 Dec 2022 17:00:58 +0000 https://fintecbuzz.com/?p=39780 Fintech platform helping Americans diversify their retirement portfolios with cryptocurrency wins Bronze in Executive of the Year for Small Companies category

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BitcoinIRA, the world’s first and most secure* digital asset IRA technology platform, has been named a Bronze winner in the Executive of the Year for Small Companies category in Best in Biz Awards. Best in Biz Awards is the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

The judges for BitcoinIRA’s entry were impressed with the company’s founding story and appreciated the ways it “overcame education and customer adoption challenges to build a successful business.” They also valued “involvement in the local community and industry.”

BitcoinIRA was founded in 2016 with the dream of creating a cryptocurrency-based business model to help Americans retire. The company charted the path, building a new business in the ever-changing decentralized finance market. To date, BitcoinIRA has processed over $2 billion in transactions and has over 170,000+ users with more than 3,500 5-star user reviews.

The 12th annual program saw fierce competition among more than 700 entries from public and private companies of all sizes and representing all industries and regions in the U.S. and Canada, ranging from some of the most iconic global brands to the most innovative start-ups and resilient local companies. This year’s judges highlight the winning companies’: visionary leadership, technology innovations, workplace best practices such as employee diversity and inclusion programs, and extensive community involvement.

“It’s an honor to be recognized by Best in Biz Awards,” said Chris Kline, CRO and Co-Founder of BitcoinIRA. “I credit this incredible achievement to our team’s hard work and dedication. Together we continue to make BitcoinIRA the first choice for Americans looking for retirement avenues in crypto. Cheers to an even better 2023.”

Since the program’s inception in 2011, winners in Best in Biz Awards have been determined based on scoring from independent judging panels assembled each year from some of the most respected national and local newspapers, TV and radio outlets, and business, consumer, technology and trade publications in North America. Thanks to the impressive diversity of represented outlets and the unparalleled experience and expertise of the editors and reporters serving as judges, Best in Biz Awards judging panels are uniquely suited to objectively determine the best of the best from among the hundreds of competitive entries. The 2022 judging panel included, among others, writers from AdWeek, Computerworld, Forbes, The Globe & Mail, Inc., The Oregonian and Portland Tribune.

Best in Biz Awards 2022 honors were conferred in 100 different categories, including Company of the Year, Fastest-Growing Company, Most Innovative Company, Best Place to Work, Customer Service Department, Executive of the Year, Marketing Executive, Most Innovative Service, Enterprise Product, Best New Product, App, CSR Program, Environmental Program, Website and Film/Video of the Year. For a full list of gold, silver and bronze winners in Best in Biz Awards 2022, visit: http://www.bestinbizawards.com/2022-winners.

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M&T Bank Expands Commercial Real Estate Lending Capabilities https://fintecbuzz.com/mt-bank-expands-commercial-real-estate-lending-capabilities/ https://fintecbuzz.com/mt-bank-expands-commercial-real-estate-lending-capabilities/?noamp=mobile#respond Mon, 25 Jul 2022 16:30:01 +0000 https://fintecbuzz.com/?p=33354 Based in New York City and Led by Brooke Cianfichi, the Commercial Real Estate (CRE) Innovation Office Brings a Wide Range of Expertise to CRE Financing

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M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to clients’ needs, including various types of CRE lending, debt capital markets, and Agency & Insurance company placements.

The CRE Innovation Office, led by Brooke Cianfichi, will tackle the creation of new CRE solutions, including aiming to onboard strategic third-party capital for the benefit of clients. M&T hired three executives based in New York City to support this effort. Notably, M&T Realty Capital Corporation, a subsidiary of M&T, is authorized to originate loans under all three Agency programs: Fannie Mae, Freddie Mac, and HUD.

“M&T has deep experience in the commercial real estate space, and the Innovation Office marks our commitment to continued expansion in diversified commercial real estate solutions,” said Peter D’Arcy, Head of Commercial Banking, M&T Bank. “This is a substantial opportunity to build upon our already strong capabilities in this space and it further complements M&T’s trustworthy and forward-thinking approach to exceed client expectations.”

“Often when a client approaches a large financial organization, they can feel siloed into one group or another, with those groups not communicating efficiently,” said Cianfichi. “At M&T, we recognize the value of connecting the client to what they need in a coordinated way, as a trusted advisor providing a creative solution.”

Cianfichi, Executive Vice President, brings almost 20 years of banking, sales, real estate finance, and fundraising experience to the role, along with a future-forward, customer-centric view. As CRE Segment Lead covering strategy for M&T’s $48B CRE debt commitments and the creator of the CRE Innovation Office, she is responsible for overseeing the development of new capital solutions in commercial real estate for new and existing clients.

Three new hires with deep and varied commercial real estate backgrounds recently started in the CRE innovation office.

Lopa KolluriSenior Vice President, comes to M&T from HUD, where she served as the head of the Federal Housing Administration (FHA) overseeing $1.2 trillion in insured mortgages and leading 2,800 employees. With over 25 years of experience in affordable housing and community and economic development in the public and private sectors,

Kolluri will lead the CRE Innovation Office’s “Strategy + Build” approach as Business Strategy Senior Manager, drawing on her extensive knowledge and experience in executive-level management of housing finance policy, operations and transactions.

Laura Murphy, Senior Vice President, comes to M&T from TF Cornerstone, where she was responsible for all debt capital market activities across the company, including mortgage financing for development projects, acquisitions, and existing properties, as well as corporate facilities and lines of credit. As Senior Strategic Initiatives Manager, Murphy will focus on the execution of new solutions.

Ashley Mitchell, Vice President and Lead Commercial Segment Support Analyst, will focus on improving business efficiencies, building out revenue-generating initiatives and helping evolve the line of business for the future. Mitchell most recently played a key role in the CRE Strategy Team at People’s United Bank.

“In conclusion, we understand the client well because many of us were once the client,” said Cianfichi. “The clients’ needs guide our priorities today and into the future.”

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Milo Originates Record $10 Million in Crypto Mortgage Loans https://fintecbuzz.com/milo-originates-record-10-million-in-crypto-mortgage-loans/ https://fintecbuzz.com/milo-originates-record-10-million-in-crypto-mortgage-loans/?noamp=mobile#respond Wed, 20 Jul 2022 14:30:21 +0000 https://fintecbuzz.com/?p=32987 Milo, a financial technology company that is reimagining the way global and crypto consumers access financial solutions, today announced it has closed a record $10 million in crypto mortgages. This milestone achievement demonstrates the strength of Milo’s innovative 30-year crypto mortgage which was brought to market only this past April. The product, which represents the world’s first crypto mortgage offering, makes it easy for crypto investors to utilize their digital assets to purchase real estate in the United...

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Milo, a financial technology company that is reimagining the way global and crypto consumers access financial solutions, today announced it has closed a record $10 million in crypto mortgages. This milestone achievement demonstrates the strength of Milo’s innovative 30-year crypto mortgage which was brought to market only this past April. The product, which represents the world’s first crypto mortgage offering, makes it easy for crypto investors to utilize their digital assets to purchase real estate in the United States.

“The success of our crypto mortgage over the past few months serves as a testament to our ability to pioneer and create a unique solution for the crypto community,” said Josip Rupena, founder and CEO of Milo. “We have incredible momentum and see a fundamental need to help individuals diversify their wealth to generate real world yield through real estate. In today’s volatile environment, our crypto mortgage is an excellent solution for clients who wish to continue to own crypto and invest in real estate, all while keeping the potential price appreciation of both.”

Earlier this year, Milo became the first to offer a mortgage that bridges the world of digital assets with traditional finance by allowing investors to qualify with Bitcoin, Ethereum, and USDC. To purchase property, clients can pledge their crypto with regulated and insured custodians (Gemini and Coinbase) and finance up to 100% of their purchase with no down payment required. Those who qualify can take advantage of low interest rates and a 30-year crypto mortgage up to $5 million.

“Bridging the gap between traditional finance and crypto is one of the most important pieces of the puzzle to make cryptocurrency and blockchain more ubiquitous in our daily lives,” said Miami Mayor Francis Suarez. “With their mortgage product, Milo has already proven that the future of finance will serve to build wealth just like the financial tools of the past.”

Real estate is a critical component to build wealth over time and many crypto consumers have been denied the opportunity and have resorted to riskier ways of generating yield as a result.

“Given the current state of the market, we’re extremely proud that we have not had any margin calls or negative counterparty exposure, all while continuing to originate mortgages,” said Rupena. “As a licensed and regulated entity, we take our responsibility seriously to ensure our clients’ crypto is safe and returned when requested. Milo has added over 20 team members since launch and we look forward to releasing an exciting crypto refinance and non-rehypothecation option shortly.”

During this time, Milo has also provided thousands of borrowers with crypto mortgage pre-qualifications, designed to preemptively let borrowers know how much they can afford. The company’s other mortgage solution for U.S. and foreign nationals has already originated over $100 million in loans and has seen applicants from over 90 countries. Milo is a direct lender that is licensed, audited, insured and can stand behind its commitment to lend to its clients with certainty of closing.

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Private Equity Firm SCP & CO Hires Operating Principal https://fintecbuzz.com/private-equity-firm-scp-co-hires-operating-principal/ https://fintecbuzz.com/private-equity-firm-scp-co-hires-operating-principal/?noamp=mobile#respond Tue, 29 Sep 2020 13:00:01 +0000 https://fintecbuzz.com/?p=19829 Mr. Kemp has spent nearly 20 years in a series of entrepreneurial roles, specializing in marketing and technology.

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SCP & CO, a leading private equity firm focused on mid-market investments in healthcare, human capital, information technology, and real estate, is pleased to announce an addition to its team to support the firm’s growth. SCP & CO has recently appointed Matt Kemp to the position of Operating Principal.

Matt has spent nearly 20 years in a series of entrepreneurial roles, specializing in marketing and technology. Most recently, Mr. Kemp held dual roles as both Chief Marketing Officer and Chief Technology Officer at BlueGrace Logistics, a B2B tech-enabled 3PL based in Riverview, Florida. During his tenure at BlueGrace, he managed the marketing and business development teams as CMO while overseeing the software development and system engineering teams as CTO.

Scott Feuer, Chief Executive Officer of SCP & CO, commented: “At SCP & CO, we seek to leverage our network, resources, and experience to find unique opportunities, add velocity, and increase shareholder value. With that in mind, we are extremely pleased to add Matt Kemp to our team. His experience in growing companies across a broad spectrum of industries and with varying employee sizes will assist us in our objective to accelerate growth and build stronger companies in our portfolio.”

Previously, Mr. Kemp launched, grew, and sold a variety of B2C and B2B start-ups. He has succeeded in building an online newspaper subscription agency, a student loan consolidation call center, a digital billboard advertising platform and a variety of other direct to consumer companies. His focus has always been on the intersection of marketing and technology, with particular interest in customer relationship management (CRM) programs, ecommerce enterprises, and software as a service (SaaS). Prior to his entrepreneurial endeavors, Matt began his career at Sears, Roebuck & Co., with roles in strategy, business development, and online project management.

“I am excited to join SCP & CO, a private equity company with exceedingly strong leadership. With a broad array of investments across information technology, healthcare, staffing, and real estate, I look forward to the challenge of developing new business opportunities and growing sales and marketing across the entire company portfolio” said Mr. Kemp.

Matt has a BSBA in Economics from the University of Florida and an MBA in Finance and Accounting from the University of Chicago Booth School of Business.

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Spark Real Estate and Side Light up the San Diego Real Estate Scene with a Brilliant Partnership https://fintecbuzz.com/spark-real-estate-and-side-light-up-the-san-diego-real-estate-scene/ https://fintecbuzz.com/spark-real-estate-and-side-light-up-the-san-diego-real-estate-scene/?noamp=mobile#respond Wed, 01 Jul 2020 19:30:35 +0000 https://fintecbuzz.com/?p=18306 Spark Real Estate today announced its partnership with Side, the only real estate brokerage that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into boutique brands and businesses.

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Spark Real Estate today announced its partnership with Side, the only real estate brokerage that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into boutique brands and businesses. The alliance will enhance the customer experience for Spark’s clients, thanks to Side’s advanced brokerage platform.

Spark Real Estate is led by top-producing agent David Haghighi, who has a decades-long reputation for getting fast results and steering his clients in the right direction. With a background in marketing and business law, as well as construction expertise, Haghighi believes that real estate is the best way to build wealth and establish a legacy. To date, he’s served more than 250 families in Carlsbad, San Marcos, Escondido, and San Diego.

Partnering with Side will ensure Spark Real Estate remains at the forefront of an evolving real estate market, while allowing its agents to continue delivering premium services to their clients. Spark Real Estate agents are fully supported by a one-of-a-kind premium brokerage platform, which provides transaction management, property marketing, lead generation, business growth opportunities, vendor management, and infrastructure solutions.

“The Spark team is comprised of energetic allies dedicated to helping clients make sound investments that deliver for generations to come,” Haghighi said. “Teaming up with Side to manage and optimize our back-end operations just made sense, because it allows us to use our time to remain laser-focused on servicing clients.”

Side is led by experienced industry professionals and world-class engineers who develop technology designed to improve agent productivity and enhance the client experience. Based on its belief that homeownership is a fundamental human right, Side is on a mission to improve the public good by providing top-performing real estate agents, teams and indie brokerages with the best system, support, service, experience, and results.

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Merlot Marketing named agency of record for regional real estate investment https://fintecbuzz.com/merlot-marketing-named-agency-of-record-for-regional-real-estate-investment/ https://fintecbuzz.com/merlot-marketing-named-agency-of-record-for-regional-real-estate-investment/?noamp=mobile#respond Mon, 29 Jun 2020 20:30:50 +0000 https://fintecbuzz.com/?p=18227 Firm’s portfolio includes 59 buildings and an additional 26 acres of land

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Merlot Marketing has been named agency of record for privately-held real estate investment firm GPR Ventures and will lead public relations efforts in support of the firm’s ventures and projects in the Greater Sacramento Region. Established in 2011 in the Silicon Valley, GPR Ventures has since expanded into Sacramento and provides commercial real estate opportunities for a select group of investors, including property acquisitions and capital improvement projects.Fintech News

To date, GPR Ventures’ portfolio includes 59 industrial and office buildings, totaling over 1.8 million square feet, and an additional 26 acres of land. Within the Sacramento Region, GPR Ventures owns and manages 20 properties in Natomas, Roseville, Rancho Cordova and other surrounding areas. In November 2019, GPR Ventures acquired a 26,500 square foot office building in the R Street corridor of downtown Sacramento and has begun complete interior and exterior renovations.

“Merlot Marketing has deep experience in elevating the presence and authority of their clients on a local and national level, and it has been great to leverage their creativity, knowledge and expertise to expand the GPR Ventures story within Sacramento,” said Phil Rolla, GPR Ventures co-founder and Managing Principal.

TWEET THIS: National #publicrelations firm @MerlotMarketing named agency of record for real estate investment firm #GPRVentures. Merlot will lead all PR efforts in support of the firm’s ventures and projects throughout #Sacramento. https://www.merlotmarketing.com/blog/

“GPR Ventures is contributing greatly to the growth and prosperity of Sacramento’s commercial real estate market, and they are innovative in their approach. We are excited to share their brand story both locally and nationally,” said Debi Hammond, founder and CEO of Merlot Marketing.

In close collaboration with GPR Ventures, Merlot Marketing will manage all facets of public relations as well as provide ongoing marketing consultation. The agency will publicize the company’s projects through Social Media News Releases (SMNR), wire distributions and trend articles targeted to key Sacramento trade and business media.

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Banco Topázio Partners With Chainalysis https://fintecbuzz.com/banco-topazio-partners-with-chainalysis/ https://fintecbuzz.com/banco-topazio-partners-with-chainalysis/?noamp=mobile#respond Tue, 23 Jun 2020 22:30:39 +0000 https://fintecbuzz.com/?p=18029 Chainalysis, the blockchain analysis company, today announced its partnership with Banco Topázio, a Brazilian Bank that services traditional and Fintech clients. Under the terms of the agreement, Banco Topázio will also use Chainalysis Reactor, the company’s investigations solution, to conduct enhanced due diligence on the cryptocurrency businesses it provides with banking services, including foreign exchange, Bank as a Service API solutions, and deposits and withdrawals. Although cryptocurrency regulation has not yet been finalized in Brazil, Banco...

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Chainalysis, the blockchain analysis company, today announced its partnership with Banco Topázio, a Brazilian Bank that services traditional and Fintech clients. Under the terms of the agreement, Banco Topázio will also use Chainalysis Reactor, the company’s investigations solution, to conduct enhanced due diligence on the cryptocurrency businesses it provides with banking services, including foreign exchange, Bank as a Service API solutions, and deposits and withdrawals.

Although cryptocurrency regulation has not yet been finalized in Brazil, Banco Topázio is investing in compliance technology and establishing best practices ahead of enforcement of FATF guidelines.

“As one of the first financial institutions openly banking cryptocurrency businesses in Brazil, Banco Topázio is helping to lead the responsible growth of the cryptocurrency industry in Brazil,” said Jason Bonds, Chief Revenue Officer, Chainalysis. “By working with us, Banco Topázio is setting the compliance standard ahead of the regulatory curve.”

“We are constantly evolving our exchange processes, seeking technological excellence, a qualified team, and application of the best market practices,” said Lia Thomazzi Susin, Topázio Exchange Manager. “And the partnership with Chainalysis contributes a lot in this process, further strengthening the security and integrity of our operations with cryptocurrency.”

Chainalysis Reactor is the investigation software that connects cryptocurrency transactions to real-world entities, enabling cryptocurrency businesses and law enforcement to combat criminal activity such as fraud, extortion, and money laundering on the blockchain.

“Chainalysis Reactor helps us validate our customers’ activity through the monitoring and analysis of their transactions, all publicly registered on the blockchain,” said Raíssa Sanguinetti, exchange analyst at Banco Topázio.

Chainalysis serves as a strategic partner to financial institutions, governments, and cryptocurrency businesses around the world, providing expertise on sophisticated cryptocurrency crime and money laundering tactics, techniques, and procedures. Through Chainalysis Reactor, financial institutions like Banco Topázio, law enforcement, and cryptocurrency businesses can quickly and efficiently identify suspicious transactions and connect them to real-world entities.

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Prospera Financial Services, Named Finalist in Two Categories for WealthManagement.com 2020 https://fintecbuzz.com/prospera-financial-services-named-for-wealthmanagement-com-2020/ https://fintecbuzz.com/prospera-financial-services-named-for-wealthmanagement-com-2020/?noamp=mobile#respond Fri, 19 Jun 2020 21:30:07 +0000 https://fintecbuzz.com/?p=17941 Prospera Financial Services (Prospera) was announced as a 2020 Industry Awards finalist in both the Technology and Service divisions for Broker-Dealers with under 1,000 advisors by WealthManagement.com, a leading digital resource for financial advisors. In their sixth year, the “Wealthies” is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. Prospera was named a finalist in the Technology category for its COREngine Advisor...

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Prospera Financial Services (Prospera) was announced as a 2020 Industry Awards finalist in both the Technology and Service divisions for Broker-Dealers with under 1,000 advisors by WealthManagement.com, a leading digital resource for financial advisors. In their sixth year, the “Wealthies” is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success.

Prospera was named a finalist in the Technology category for its COREngine Advisor Platform, a robust cloud-based advisor workstation solution built on the Salesforce.com chassis. With COREngine, Prospera advisors can manage all aspects of their client relationships, including both client personal and financial information, all on a responsive, mobile basis.Fintech News

Prospera was also named a finalist in the Service category for its Fundamental Behaviors Service Program. This program revolves around the 28 key behaviors of Prospera that embodies the firm’s culture and helps guide employee interactions with each other and clients. From “investing in relationships” to “practicing blameless problem-solving” to “embracing change and growth”, each fundamental behavior is reinforced in weekly huddles and real-life scenario training.

The WealthManagement.com Industry Awards recognize the firms who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. In order to qualify, finalists had to demonstrate that a new initiative, program or enhancement to an existing platform either helped advisors manage their business more efficiently, enhanced service quality, smoothed business transitions, improved the understanding and use of various asset classes, or enriched the advisor/client experience through technology. The finalists were announced on June 16, 2020. This year, a virtual ceremony will be hosted in lieu of an in-person reception on September 10, 2020.

Prospera previously won two Wealthmanagement.com Industry Awards in 2015 in both the Transition Support and Service categories for broker/dealers with under 1,000 advisors for its Launch Your Way system and Gold Standard Service initiative. The firm also took home the award in 2019 in the Technology category for broker/dealers with under 1,000 advisors for its Advisory Portfolio Modeling Tool.

“We’re honored to be recognized as a finalist for these prestigious awards. We strive to develop cutting edge technologies and solutions that help make the lives of our advisors easier,” said David Stringer, President of Prospera.

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CSRHub Partners with FinMason to Provide ESG Ratings https://fintecbuzz.com/csrhub-partners-with-finmason-to-provide-esg-ratings/ https://fintecbuzz.com/csrhub-partners-with-finmason-to-provide-esg-ratings/?noamp=mobile#respond Fri, 19 Jun 2020 20:30:45 +0000 https://fintecbuzz.com/?p=17938 CSRHub, the leading provider of ESG (Environment, Social, Governance) consensus ratings, today announced that it has partnered with FinMason, a FinTech firm and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, to redistribute its ESG ratings via FinMason’s award-winning API. “CSRHub’s multifaceted approach to standardizing ESG data and rankings, and the ability they offer to drill down to several subcategory levels, gives investors a holistic and normalized basis upon which to...

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CSRHub, the leading provider of ESG (Environment, Social, Governance) consensus ratings, today announced that it has partnered with FinMason, a FinTech firm and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, to redistribute its ESG ratings via FinMason’s award-winning API.

“CSRHub’s multifaceted approach to standardizing ESG data and rankings, and the ability they offer to drill down to several subcategory levels, gives investors a holistic and normalized basis upon which to compare the sustainability performance of various firms,” said Kendrick Wakeman, CEO of FinMason. “We’re excited to contribute the scalability and ease-of-use that our API delivers to help make CSRHub’s ESG data more readily accessible to WealthTech firms and, ultimately, end investors.”

CSRHub helps investors, corporations, and API partners integrate ESG data into their decision-making processes. Using a patented algorithm that aggregates and harmonizes disparate data from over 650 ESG sources, CSRHub generates a consensus score for the ESG performance of more than 19,000 companies from 134 industries in 143 countries. With many disparate sources of ESG information available, centralizing and interpreting ESG metrics has become burdensome for many firms. CSRHub streamlines ESG data and makes it useful and powerful. CSRHub data can be used to benchmark ESG performance, increase corporate market value, uncover portfolio opportunities and risks, back-test theories about ESG behavior, and integrate ESG trends into other Business Intelligence data sets.

“Partnering with FinMason to deliver both their analytics and CSRHub’s ESG data to clients via a single API will empower platforms and investors to leverage powerful insights and enhance their decision-making processes,” said Cynthia Figge, CEO of CSRHub. “The ease of integration that their API offers, and the synergy that their analytics have with our ESG data for better-equipping investors, make them a natural choice as a partner.”

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