All articles by Swagath Bandhakavi
Swagath Bandhakavi
LPL Financial to acquire Commonwealth Financial Network for $2.7bn
Established in 1979, Commonwealth Financial Network supports approximately 2,900 financial advisers and oversees around $285bn in brokerage and advisory assets
Border Bank taps Jack Henry to overhaul technology framework
Jack Henry’s core processing system will replace obsolete methods at Border Bank, enhancing operational productivity and streamlining business operations
Apex Fintech Solutions announces release of AI-powered assistant Ask Ascend
A specialised AI assistant that supports both developers and operations professionals
Cognizant partners with ServiceNow to enhance dispute management using AI
The new BPaaS solution seeks to simplify dispute resolution to enhance customer satisfaction and mitigate operational difficulties
AJ Bell agrees sale of Platinum SIPP and SSAS business to InvestAcc
After the acquisition, InvestAcc Group’s total assets under administration will surpass £8.5bn, spanning 16,000 SIPP and SSAS accounts
BridgePort partners with NewEdge Wealth to deliver bespoke private market solutions
The collaboration brings to NewEdge custom, all-digital investment solutions for providing clients with differentiated alternative investment opportunities
United Consumers Credit Union to enhance digital platform with Mahalo Banking
This partnership forms a key component of the credit union’s larger plan to upgrade its core transaction capabilities and enhance digital service offerings
Tirana Bank partners with Backbase for digital banking expansion in Southeast Europe
The initiative will deploy Backbase’s Engagement Banking Platform, facilitating compliance with security and regulatory requirements while enabling operational expansion
Azimut to enter Morocco with investment in Red Med Capital’s subsidiaries
The Italian firm will acquire a 29% stake in Red Med Asset Management and a 25% stake in Red Med Securities
Fleetio acquires Auto Integrate, raises $450m in Series D
Auto Integrate’s software facilitates the electronic submission of repair orders for expedited approval, thereby decreasing vehicle downtime and improving operational efficiency