All articles by Refna Tharayil
Bain Capital wraps up $4.5bn acquisition of Envestnet
Envestnet’s common stock will no longer be traded on the New York Stock Exchange
Boosted.ai raises $15m to transform investment management with agentic and generative AI
At its founding in 2017, Boosted.ai offered proprietary machine learning algorithms to a primarily quant client base
SG Fleet gets $780m buyout proposal from Pacific Equity Partners
Pacific Equity Partners offers to buy all shares in the fleet management and vehicle leasing services provider for A$3.5 ($2.28) per share
Tenet Fintech and Dext partner on bookkeeping services
Under a two-year agreement, Dext’s software will become part of the Cubeler Business Hub’s platform offerings
Banca Investis partners with Bain & Company to create investment advisory platform powered by generative AI
Based in Milan, Italy and focused on high-net-worth individuals, Banca Investis worked with Bain to pioneer the platform known as NIWA, which serves as a “digital junior banker” and aims to enhance the customer experience through hyper-personalized financial capabilities
Moody’s acquires Numerated to enhance lending suite capabilities
Numerated’s integration into Moody’s lending suite is anticipated to create a comprehensive loan origination workflow
Finix unveils Advanced Fraud Monitoring solution for enhanced transaction security
The new fraud monitoring solution is accessible through a personalised Sift console for both merchants and payment facilitators
SolomonEdwards acquires financial services risk and compliance consultancy Dominion Advisory Group
Founded in 2005, DAG is a premier AML and financial crime investigations and advisory firm
BioCatch launches behaviour-based financial crime intelligence-sharing network
The new initiative is designed to protect bank customers from financial crime, scams, and fraud by providing real-time assessments of the accounts to which payments and transfers are made
Keysight to launch advanced trade monitoring solution with Instrumentix
Through the partnership, Instrumentix’s xMetrics flow monitoring and analytics tool has been integrated with Keysight Technologies’ market-data health and quality monitoring capabilities