All articles by Refna Tharayil
Refna Tharayil
Dakota Wealth Management acquires Stillwater Investment Management
With the addition of Stillwater, Dakota Wealth Management now manages ~$3.2 billion, a five-fold increase in assets under management since its founding in May 2018
Mesh Payments expands unified spend management platform outside US
The platform aims to allow enterprises to globally operate across international entities, issue local cards, and settle in local currencies, all from one unified platform
Franklin Templeton to buy Putnam Investments from Great-West Lifeco for $925m
Under the terms of the agreement, Franklin Templeton will pay about $825m in the form of stock up-front at the closing of the transaction to Great-West Lifeco followed by a payment of $100m in cash after 180 days from the closing of the deal
Tech Mahindra, Bank of Baroda partner to improve customer experience
As a part of the collaboration, Tech Mahindra has established a centre of excellence for the bank’s contact centre
Magic announces $52m strategic funding round led by PayPal Ventures
Magic is enabling web3 mass adoption by serving as the de facto WaaS provider for companies that are searching for safe and easy ways to bring their customers over to web3
Clearwater, J.P. Morgan integrate platforms to drive multi-asset trading solution
The partnership between the firms will assist institutional investors to easily log in to the joint solution and access a consolidated view of balances, exposures, and counterparty risks
Sweden-based Ikano Bank selects TCS BaNCS for digital transformation
Ikano Bank provides a portfolio of financial services and banking products including loans, savings, mortgages, and credit cards as well as leasing and factoring to small and medium sized businesses
Regnology plans to acquire France-based Invoke
Invoke claims to cater its XBRL-based banking, insurance, and tax reporting solutions to more than 1,800 regulated entities and supervisory authorities throughout Europe
Deutsche Bank announces additional investment of $100m in Vietnam
With the new investment, Deutsche Bank’s capital allocation in Vietnam has reached a total of more than $200m
Stockbit, Fullerton acquire Indonesian asset management firm Ayers Asia
The acquisition of the Jakarta-based firm is expected to help Stockbit and Fullerton to develop and distribute quality investment solutions for a broad spectrum of investors across retail, intermediaries, and institutions