All articles by Refna Tharayil
Temenos to sell fund administration software Multifonds to Montagu in $400m deal
Multifonds provides fund administration software across multiple jurisdictions, serving fund administrators, asset managers, insurance companies, and pension funds
nCino acquires Sandbox Banking in $52.5m deal
Through the acquisition, nCino aims to strengthen its ability to improve data connectivity and optimise operations for banks and credit unions through an iPaaS solution
Muscat Clearing and Depository partners with TCS to modernise its operations
This partnership reaffirms TCS’ position as a digital transformation partner of choice in the MEA region
FactSet buys cloud-native trading solutions provider LiquidityBook in $246.5m deal
The acquisition builds on a partnership between FactSet and LiquidityBook, which previously integrated LiquidityBook’s OMS into the FactSet Workstation
Finastra launches AI-powered assistant to enhance trade finance operations
Developed using Microsoft Azure OpenAI Service, the tool aims to address knowledge gaps in the trade finance industry by providing instant, context-aware assistance to users
Experion Technologies and Tagit join forces to transform digital banking solutions
Tagit’s Digital Banking Suite is designed to enable both traditional and challenger banks to rapidly deploy high-end digital capabilities without requiring extensive custom development
Netcompany set to merge with Danish rival SDC in $139m deal
Through the acquisition, Netcompany aims to strengthen its position in the financial services sector, which is said to be the highest-spending vertical within IT services in Europe
Sanctuary Wealth adds NewSpring Wealth Partners to adviser network
NewSpring Wealth Partners operates as an independent advisory firm focused on helping clients build and protect their wealth
FCA steps up action against misleading financial adverts
Nearly 20,000 financial promotions were withdrawn or amended in 2024 following intervention from the FCA – nearly double the amount in 2023
CSI unveils real-time check fraud detection solution for NuPoint customers
The solution, powered by Mitek Systems, integrates real-time fraud prevention capabilities at bank teller stations