All articles by Swagath Bandhakavi
Swagath Bandhakavi
Triodos Bank UK implements Wolters Kluwer’s OneSumX for regulatory compliance
Wolters Kluwer’s SaaS solution is designed to address requirement for liquidity reporting, COREP, FINREP, and UK-specific PRA 110.
AI-driven platform Meridian raises $7m in seed round
The new funding will enable Meridian to enhance its AI capabilities, accelerate product development, and expand its global market presence.
Logan Ridge shareholders vote in favour of merger with Portman Ridge Finance
The merged entity will be externally managed by Sierra Crest Investment Management, with expected total assets exceeding $600m and a net asset value around $270m.
BMO to acquire Burgundy Asset Management to expand wealth management services
The transaction aims to bolster BMO’s wealth management offerings, targeting high-net-worth and ultra-high-net-worth individuals, families, and institutions.
Atos completes IGM Financial’s cloud transformation on Microsoft Azure
IGM has transitioned to a cloud-native infrastructure using Microsoft Azure and Google Cloud Platform, enhancing operational efficiency through improved control, scalability, and speed.
Ares Management launches first ELTIF to expand access to European direct lending strategy
Since the launch of the wealth channel in 2021, Ares has remained focused on scaling its wealth platform to deliver private markets access and education to financial advisors and their clients.
Fintech firm Tensec raises $12m to transform global payments
Tensec employs AI and global fintech infrastructure to deliver a no-integration platform, allowing trading companies to offer foreign exchange, cross-border payments, and treasury solutions to SMB clients.
Bank NXT to enhance digital strategy with UiPath and BMB partnership
The partnership aims to deploy the UiPath platform to accelerate automation and enhance operational efficiency in the bank’s services.
Multiplier Holdings launches with $27.5m in funding to accelerate the AI journey for professional services firms
Funding led by Lightspeed Venture Partners will help Multiplier acquire high-growth firms to improve client experience, growth, and productivity with AI.
Macquarie Asset Management closes $8bn Fund for infrastructure investments
The Macquarie Infrastructure Partners series comprises unlisted infrastructure funds targeting investments in the Americas, managed by Macquarie Asset Management.