SBLI Welcomes Yaron Ben-Zvi to Board of Directors
September 12, 20244 min
Entrepreneur and executive's expertise in financial services and technology will help life insurer innovate and expand offerings
Markel announced the launch of FintechRisk+
September 10, 20244 min
Markel, the insurance operations within Markel Group Inc., announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies in an increasingly complex market. Markel’s FintechRisk+ policy provides financial services and technology liability, directors and officers (D&O) liability, theft and cyber protection for UK and international fintech businesses with limits up to USD $20 million. The policy offers enhanced business interruption (BI) coverage, as...
Cresset Hires Amy Hong as Chief Compliance Officer
September 10, 20243 min
Hong previously was Managing Director, Asset & Wealth Management Operations, with First Republic Bank
TradingBlock Appoints Michael Martin as VP of Market Strategy
September 10, 20243 min
Martin brings nearly two decades of financial services experience to the new role
Lucinity Secures Patent for Federated Learning AI
September 5, 20244 min
Lucinity, the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology, which provides a unique approach to allow global financial systems to share algorithmic learning patterns without having to share sensitive data. Intelligence can be securely shared across multiple entities, improving collaboration. This helps enhance AI models for boosting productivity and detecting cross-border financial crimes, while also enabling proactive measures to prevent...
Bridgeforce and Provana Forge Strategic Alliance
September 5, 20244 min
Bridgeforce, a premier financial services consultancy specializing in regulatory compliance, operational improvements and technology transformations has teamed up with Provana, a leader in knowledge process management. Together, they will deliver innovative compliance and operational performance solutions, providing unparalleled clarity, control, and confidence to clients in the financial services industry. This collaboration unites Bridgeforce’s extensive industry experience with Provana’s operational excellence, offering clients enhanced risk management, strategic alignment and advanced technology integration. The result? Increased efficiency,...
Grath Expands Operations to The Middle East
September 5, 20244 min
Grath, a leading global platform for financial services and regulatory compliance technology, is excited to announce its strategic expansion into the Middle East with the opening of a new office in the prestigious Dubai International Finance Centre (DIFC). This expansion marks a significant milestone in Grath’s mission to provide world-class financial services, innovative regulatory compliance solutions, and cutting-edge technology to clients in the region. Grath currently supports global leaders such as Deutsche Bank, Freetrade, Winterflood Securities, and StepChange. With the new DIFC office, Grath aims...
Ncontracts acquires Venminder via Hg buyout
September 4, 20246 min
Ncontracts, a leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced that it has acquired Venminder, a unified platform for managing third-party risk. Simultaneously with this transaction, Hg has bought out prior Ncontracts shareholder Gryphon Investors (“Gryphon”), as well as prior Venminder shareholders. Hg is a leading investor in software and services businesses and is backing Founder and CEO, Michael Berman, to lead the combined business, which promises...
Mesirow announced the acquisition of Price Wealth Management
September 4, 20244 min
Mesirow, an independent, employee-owned financial services firm, announced the acquisition of Price Wealth Management, an established RIA firm based in Stuart, Florida. This transaction builds upon Mesirow’s significant existing footprint in the area, which also includes offices in Miami and Boca Raton. Price Wealth Management was represented by DeVoe & Company, a leading consulting firm and investment bank to RIAs. “This transaction aligns with our focus on serving a growing base of wealth management clients, advancing the firm’s...
Axway Completes Acquisition of Sopra Banking Software
September 3, 20247 min
Axway announces the successful completion of the acquisition of Sopra Banking Software, establishing one of France’s top enterprise software publishers, with leading positions in banking and financial services. This major step in the company’s development not only marks a change in dimension, but also initiates a transformative alliance project aimed at delivering substantial value to all its stakeholders. First announced at the end of February, Axway’s proposed acquisition of Sopra Banking Software was made possible...