All articles by Refna Tharayil
Refna Tharayil
Accenture completes acquisition of Optimind
Optimind’s team of more than 350 highly skilled professionals, including more than 110 actuaries, serves clients in France and Luxembourg
Mubadala’s takeover of Fortress Investment faces security probe in US
At the time of signing the deal, the US-based investment firm was managing $46bn of assets on behalf of over 1,900 institutional investors as well as private clients
Everest Consolidator Acquisition to take Unifund public in $232m deal
Unifund utilises its proprietary technology, analytics, and machine learning for acquiring and servicing consumer debt receivables
Rithm Capital to acquire Sculptor Capital Management for $639m
According to the terms of the agreement, Sculptor Capital Management’s Class A shareholders will receive cash consideration equal to $11.15 per share
TCS helps AIB life launch operations in Ireland with digital-first platform powered by TCS BaNCS
The end-to-end policy administration services will be provided from the TCS Global Delivery Centre in Letterkenny, Co. Donegal
People’s Bank of China releases draft rules on data security management
The Chinese central bank is seeking public opinions on the draft guidelines through 24 August 2023
Bain Capital to acquire 90% stake in Adani Capital and Adani Housing
Bain Capital has committed $120m in primary capital to facilitate the company’s ongoing growth
NBK launches enhanced IVR services
NBK’s enhanced IVR services is now offering more personalized and intelligent interactions, leveraging customer recognition through their phone numbers
Obra Capital acquires asset management and investment research firm KDP
Established in 1996, KDP Investment Advisors specialises in high-yield bonds as well as leveraged loans with a focus on rigorous and bottom-up credit analysis
Bankjoy, Plaid partner on seamless account management for businesses
Through the collaboration, the institutions on the Bankjoy platform will be allowed to provide their customers with API access to Plaid’s network of over 8,000 fintech apps and services